11/02/2022
JM Finn wins best Wealth Management firm for the fourth time
JM Finn is the best Wealth Management Firm at the Moneyage awards for the fourth year in a row.
Wealth and Asset Management
11/01/2022
Coutts’ ESG director: SDR will be hard work but worth it
It also announced from June 2023 all regulated firms must name and market their products in a way that is “clear, fair and not misleading
11/01/2022
AssetCo sees SVM at core of ‘dynamic’ city hub
Mr Gilbert, chair of AssetCo, commented: “The completion of the acquisition of SVM is part of AssetCo’s overall strategy of investing in, building and managing asset and wealth management businesses.
10/31/2022
Launch of the TM CRUX UK Smaller Companies Fund
CRUX launches UK Smaller Companies Fund
10/31/2022
Swiss banks in the reputation test for the first time
Against this background, a study was published for the first time on Monday, which analyzes the good reputation of Swiss banks.
10/31/2022
Mattioli backers stage significant revolt over 'flexible' bonus plan
Almost one in five Mattioli Woods shareholders voted down the company’s 2023 executive remuneration package.
10/31/2022
The evolution of private markets in wealth management
With private markets now high on the agenda for the vast majority of wealth management firms, we took a look at some of the major developments that have occurred since we last conducted this research in the autumn of 2019.
10/28/2022
UBS launches new Sustainability and Impact Forum to foster cross-industry debate on most critical issues
Sustainability and Impact Forum to foster cross-industry debate on most critical issues
10/28/2022
Macquarie Group announces $A2,305 million half-year profit
The strong result was primarily driven by positive performances from CGM’s businesses.
10/28/2022
Coutts profits boosted 32% on deposit return hike
A £600m boost to deposits, paired with interest rate rises, helped to offset negative market movements for the private bank in the third quarter.
10/28/2022
Credit Suisse to Lay Off 9,000 Employees and Raise $4 Billion
Swiss banking incumbent Credit Suisse announces drastic staff cuts and a $4 billion fundraise.
10/28/2022
Evelyn and Quilter add ‘attractive’ bond exposure to MPSs
The firm’s defensive, defensive income and balanced income portfolios have added to UK and overseas debt.
10/27/2022
Credit Suisse enters into a framework agreement to transfer a significant portion of its Securitized Products Group to Apollo and PIMCO
Credit Suisse’s Securitized Products Group is a full-service, vertically integrated credit solutions provider to a range of incumbent and emerging lenders across residential and commercial real estate, consumer and other asset classes.
10/27/2022
The Board of Directors of Credit Suisse Group AG proposes two share capital increases
Through the proposed share capital increases, Credit Suisse Group AG intends to raise CHF 4.0 billion to further strengthen the Group’s capital base and support its strategic transformation.
10/27/2022
Credit Suisse Group announces third quarter 2022 financial results
We believe these actions will lead Credit Suisse to a more stable performance
10/27/2022
Wealth management firm sees revenues, profits and assets grow
Revenues of £8.3m were an improvement on the £6.2m figure for the previous year.
10/27/2022
Quilter’s WealthSelect adds to fixed income in ad-hoc rebalance
The WealthSelect portfolios has been underweight to traditional fixed income of late, however will now add to this exposure across risk levels 3-7 in the Managed and Responsible ranges
10/27/2022
German banking group shutters UK private client arm
As part of a cost cutting exercise
10/27/2022
Santander reports attributable profit of €7,316 million for the first nine months of 2022, up 25%
Profit before tax was €11,761 million, down 6% (+3% in current euros), while tax on profit in the period was €3,538 million, resulting in an effective tax rate of 30%.
10/26/2022
Sustainable investing and generating returns go hand-in-hand
The second – investment returns – must anticipate the effect of systems changes on financial markets, and position portfolios to capture the upside as the economy transforms.