05/30/2024
Oddo BHF Eyes Family Offices in Switzerland
The oldest bank in Romandy has long been integrated into Oddo BHF
Wealth and Asset Management
05/30/2024
Client complains to SJP after name mix up
Policyholder Mark Bradford said he has complained to the wealth manager after he had cause to believe his data had been compromised.
05/30/2024
HSBC targets lending against fast-growing private assets after adding SVB’s UK unit to its portfolio
HSBC to leverage its balance sheet strength to finance wealthy clients’ fast-growing private asset portfolios
05/30/2024
Blackstone buys $1B mortgage portfolio from German bank
Multifamily, office and hospitality properties backing Deutsche Pfandbriefbank loan pool
05/30/2024
Ortec Finance: 8% of advisers and wealth managers believe company will not meet Consumer Duty deadline
FCA Consumer Duty compliance deadline 31 July
05/29/2024
Wealth firms in the UK slow to adopt semi-liquid funds
The limited range of semi-liquid products and the question of suitability loom large for wealth managers, who largely prefer investment trusts to access private markets.
05/29/2024
7IM enhances Pathbuilder range with ‘trend following’ strategy
Trend strategies have delivered strong performance during market turmoil and add a further layer of diversification and risk management to traditional passive strategies.
05/29/2024
Goldman Sachs moves to new office in Amsterdam, the Netherlands
The Amsterdam office will have space for up to 50 employees allowing for the ongoing expansion of Goldman Sachs’ activities in the Netherlands.
05/29/2024
Ex-Alpian CEO secures CHF 1.5m to launch private banking platform
Light Frame’s pre-seed financing round was led by ATX Venture Partners and New Stack Ventures.
05/29/2024
Pantheon partners with iCapital to expand access to specialist evergreen semi-liquid private equity solution
Partnership also includes solutions targeting markets with growing demand across Europe, the Middle East, Latin America and Asia
05/29/2024
Beyond wealth management: elevating life with Metrobank
Clients benefit from an extensive range of investment options, including securities and structured products, managed by a team of dedicated specialists.
05/28/2024
ABN AMRO announces the acquisition of Hauck Aufhäuser Lampe, strengthening top 3 position in wealth management in Germany
These entities and HAL have closed a co-operation agreement to continue offering the successful One-Stop-Shop service offering in the market.
05/28/2024
Transition tipping points are turning nature into a new asset class: Transition Investment Summit 2024
Nature and nature-based solutions provide a clear path towards creating this net-zero world, and the reasons why were unpacked in a series of clear and convincing presentations and panel discussions throughout the day.
05/28/2024
NatWest share sale abandoned as election campaign derails plans
But the Treasury has confirmed the sale of NatWest shares will now not go ahead because of election plans.
05/28/2024
4M24: Net profit exceeds CHF 110 million; annualised NNA growth rate of 7.6%, corresponding to CHF 3.6 billion NNA
Return to more normalised hiring momentum during the reporting period with a total of 26 new CROs
05/28/2024
UBS: Sergio Ermotti’s Successor to Come From Within the Company
UBS may announce the names of the three potential successors, or possibly even female successors, at the general meeting next year, as further information suggested.
05/28/2024
UBS Suddenly at the Bottom in European Fund Business
Morningstar analysts explicitly pointed to the forces of integration that the acquisition of Credit Suisse (CS) has brought to UBS's fund business.
05/28/2024
Hong Kong’s BMP Wealth gets ‘significant’ investment for acquisitions from UK asset manager
The investment will be used to acquire adviser firms whose owners are looking to retire or leave the industry in next few years
05/28/2024
Partners Group Selects Northern Trust to Provide Asset Servicing Solutions for its Private Equity ELTIF Evergreen Fund
The new ELTIF 2.0 regime is intended to facilitate European investment into private market assets via semi-liquid funds and related strategies, including by individuals not considered to be professional investors.
05/28/2024
Citywealth Top 75 Trustees List highlights outstanding Crown Dependencies trustees
All entries are nominated for inclusion by their peers within the industry and are independently verified.