07/14/2023
Liontrust quarterly assets under management fall but in good shape
This was attributed to net outflows of GBP1.62 billion, while GBP294 million was lost through market and investment performance.
Wealth and Asset Management
07/13/2023
Pressure on banks = pressure on WealthTechs
Warren Buffets' famous quote: “Only when the tide goes out do you discover who’s been swimming naked.” has rung true yet again.
07/13/2023
Caledonia Investments solicits bids for $585 million wealth manager 7IM -sources
Unlike continental Europe where investment products are largely distributed through banks, the UK has a vast network of investment advisory shops that help customers manage their money.
07/13/2023
Fairstone establishes 'West Midlands Hub' with investment in Dudley's Prosperity Wealth
The growing North East wealth management group says it is looking to back management teams of larger independent financial advice firms
07/13/2023
Brooks Macdonald assets tick up on £100m quarterly inflow
In a trading update this morning, the wealth manager reported a FUM increase of 0.4% in the three-month period ending 30 June, climbing from £16.79bn to £16.85bn.
07/13/2023
GAM's largest shareholder supports the Liontrust offer
A shareholder since August 2011, Silchester is familiar with the asset management industry, regulatory approval processes globally, and GAM’s management.
07/13/2023
CEE’s best bank for wealth management 2023: UniCredit
But UniCredit is clearly committed to staying the course.
07/13/2023
Succession Wealth expands its Birmingham HQ
Totalling 64,000 sq ft, the 11-storey development has recently undergone an extensive programme of refurbishment
07/13/2023
There is a lot of catching up to do when it comes to digitization
This is the result of a survey of banks, wealth managers and asset managers by the fintech provider Objectway.
07/12/2023
Intesa CEO: bank to expand in wealth management thanks to technology
Intesa last month launched Isybank, a cloud-based mobile-only bank powered by Britain's Thought Machine, which Italy's biggest lender is targeting at younger customers with digital skills and a need for only basic banking services.
07/12/2023
Monthly update: Sun shines on a brighter market mood
Stock markets are holding up, driven by easing US inflation and prospects of an uneventful economic slowdown.
07/12/2023
Credit Suisse Employees Trapped in No Man’s Land
That is potentially why the potential scale and extent of any domestic restructuring may come as more of a relative shock to a significant number of Swiss employees.
07/12/2023
Wave of Shareholder Activism Gripping Switzerland
The GAM rebels are only representative of a trend that is beginning to spread across Europe.
07/12/2023
Close Brothers considering sale of wealth management arm – reports
Allegedly working with Goldman Sachs on a review of the business
07/12/2023
Goldman Lampe Private Bank Shields Clients from Scams and Fraud, Saving 150 Million Euros in 2022
Goldman Lampe Private Bank's innovative approach to combating scams revolves around maintaining close relationships with its clients and taking immediate action when fraud is detected.
07/11/2023
Business integration in wealth management M&A
In this series of articles we look at a variety of aspects in M&A transactions that can affect value, for buyer or seller, and propose ways of addressing these in the commercial terms to enhance value.
07/11/2023
Banque Heritage SA: Results for first half of 2023
Banque Heritage Reaps the Rewards of its Sound Management and Benefits from the Current Financial Environment
07/11/2023
Property slowdown could boost sustainable investing: ZKB
Real estate investors have more choice following the rise of interest rates believes Zürcher Kantonalbank’s real estate head.
07/11/2023
High net worth Brits are paying thousands for EU citizenship post-Brexit
There has been an “untold increase” in the number of wealthy Brits paying for golden visas and citizenships in Europe.
07/10/2023
Julius Baer Says Doubling AUM «Not Unrealistic»
On Credit Suisse, Rickenbacher said attracting former clients of the fallen Swiss lender will take time, though there will be «some redistribution of market share» in the long term.