08/24/2020
Sanctum Wealth: Fuzzy Markets
The market senses that economic activity could be losing momentum.
Wealth and Asset Management
08/24/2020
Private banking firm relocates to new eco-friendly Nottingham premises
Brown Shipley moves to purpose-built offices at Edwalton Business Park
08/24/2020
Ravenscroft completes acquisition of WH Ireland (IOM) Limited
With immediate effect, the company name will be Ravenscroft (IOM) Limited but will trade as Ravenscroft.
08/23/2020
The future of private banking in Europe: Preparing for accelerated change
European private banks were already feeling pressure to revitalize. Now that the pandemic has accelerated changes in the expectations of clients and employees, the industry will need to accelerate its transformation.
08/23/2020
UBS Group Seeks to Lend Savings From Wealth Management Revamp
The company has been long focused on revamping its key wealth management division. In early 2020, the bank was in news for plans to cut about 500 jobs in the unit.
08/21/2020
UBS to update wealth management unit’s legal structure to cut costs
The legal changes add to a broader wealth management business revamp.
08/21/2020
Platforum: Platforms and the rise of model portfolios
The range of funds available on some platforms was arguably wealth managers’ greatest complaint.
08/21/2020
Exclusive: AFH acquires client book of collapsed wealth firm
AFH Financial has acquired the client book from insolvent Welsh wealth business Juno Moneta Capital.
08/20/2020
Something's moving in the Italian contemporary art scene: the Trust for Contemporary Art
Most of Italy’s most important cultural institutions are public and the participation of private subjects in the cultural sector has been long debated.
08/20/2020
Cheshire wealth management firm enters administration
The joint administrators said that the company had ceased to trade prior to their appointment.
08/20/2020
UBS revamps wealth unit structure to free up billions for loans
Rigi partially rolls back measures from the 2008 financial crisis, when Switzerland told UBS to create separate legal entities that would be insulated in the event of a surprise bankruptcy.
08/20/2020
BCV's dividends rise despite 13% net profit drop
CHF 1.1bn of Swisscanto funds were transferred to ZKB.
08/19/2020
Raiffeisen’s profit falls despite higher income and lower expenses
The company took CHF 75m to strengthen reserves as protection against volatility during the ongoing pandemic.
08/19/2020
Baillie Gifford attracts £1bn inflows in record month
Baillie Gifford was an early investor in US technology companies, backing the likes of Tesla, Amazon, Netflix and Alphabet (Google’s parent company) through a number of its funds.
08/19/2020
Vontobel Asset Management launches GBP share class of global investment grade credit fund
The fund invests in high credit-quality issuers in order to generate income over the long-term.
08/18/2020
S.P. Hinduja Banque Privée announces the launch of two new funds
The products are aimed at the next generation of global, entrepreneurial investors, who understand that ESG standards of companies are a key driver for long-term value creation and business sustainability.
08/18/2020
AJ Bell adds Brewin MPS to platform as it opens to wealth firms
AJ Bell has is giving advisers access to managed portfolio services (MPS) run by wealth majors including LGT Vestra and Berwin Dolphin.
08/18/2020
Wealth manager launches apprenticeship scheme
It will allow trainees to develop a range of skills including digital and technical, in both back and front office roles.
08/18/2020
Retired 7IM founder sets up SME investment business
The SME businesses will be seeking capital in the range of £500,000 to over £10m.
08/18/2020
LOIM multi asset CIO on the transformation in the active vs passive debate
Aurèle Storno discusses the impact of higher volatility and mispricing.