10/21/2019
Fraudsters target investors with cloned firms
Quilter was not the only advice firm to be targeted by fraudsters, with St James's Place also falling victim to an attempted clone.
Wealth and Asset Management
10/21/2019
Zurich WM to open first office outside of Switzerland
It will primarily serve as an outlet for connecting with clients in the region.
10/21/2019
Investing Beyond Brexit
Economic data suggests that the business cycle is turning and economic growth in China is set to accelerate.
10/21/2019
Vontobel launches trade conflict certificate
In the most likely scenario from the experts' perspective, the trend towards shorter trade routes could make Latin America an attractive production location for the USA and Southeast Asia an attractive location for China.
10/18/2019
HSBC GAM launches passive fixed income fund
Both objectives are achieved by leveraging the expertise of HSBC Global Asset Management's active fixed income teams - including credit screening, managing credit events, participation in new issues and the execution provided by dedicated global fixe
10/18/2019
Multi-Asset Manager of the Year — Newton Investment Management
Despite a difficult year for multi-asset managers, Newton delivered solid performance over the 12 months in review. I
10/18/2019
Schroders takes top prizes at FN’s Asset Management Awards
UK-listed fund manager has had a year of transformation, having struck several deals and expanded its North American and alternatives businesses
10/18/2019
BNP Paribas AM wins private credit mandate for Nest pension scheme
The fund will offer active asset allocation in evergreen form, with principal repayments and interest reinvested to provide a total return for Nest’s members.
10/17/2019
UBS joins the United Nations' Global Investors for Sustainable Development Alliance
UBS will focus on delivering concrete long-term finance and investment solutions, including through its USD 5 billion commitment to SDG-related impact investing.
10/17/2019
Arbuthnot Latham averages 40 new clients per month
The exact assets under management for the third quarter were not disclosed, but in its half year results, Arbuthnot said assets under management at the Group had decreased by 4% to £1,029m in the six months to 30 June 2019.
10/17/2019
GAM Holding AG: Interim management statement for the three-month period to 30 September 2019
In multi asset, net outflows totalled CHF 0.3 billion, driven by redemptions from institutional and private clients.
10/17/2019
HSBC France to leave its Champs Elysees headquarters
The move is necessitated because the owner wants to regain control of the buildings and also because HSBC needs to save money, a source familiar with the matter said on Wednesday.
10/16/2019
Banca Generali completes the acquisition of Valeur Fiduciaria S.A.
The deal is part of Banca Generali’s wider private-banking internationalisation and growth strategy launched with a view to strengthening the range of services offered
10/16/2019
Arbuthnot wealth planning fee shake-up hits profit
Arbuthnot’s wealth planning division is on course for a full-year loss following a shake-up of the company’s fee structure this summer
10/16/2019
Next Gen: Camilla Cecil, James Hambro & Partners
This week we chat to Camilla Cecil, portfolio manager at James Hambro & Partners. We found out what her worst investment decision was living in London as well as what three unusual people she would invite to dinner.
10/15/2019
Money pours into Ashmore Group despite dollar woes
Net inflows at Ashmore Group reached $2.4 billion in the three months to the end of September.
10/15/2019
Beaufort Financial backs new Newcastle advice firm
Last month Beaufort Financial set up a new firm in Liverpool
10/15/2019
PIMFA Women in Wealth Forum Encourages Culture Changes to Help Improve Gender Equality in Finance
Anita Rolls, Founder of So What Do You Do, led a practical, interactive session that looked at key trends disrupting today's world of work, the implications this has for individuals, and how they can capitalise on opportunities.
10/15/2019
Schroders assets under management up to 450.8 bln stg at end-Sept
The growth was driven by an increase in assets across its asset management and wealth management units
10/15/2019
Nearly half of young HNWIs are switching wealth managers
In order to create this marketplace-styled wealth manager of the future, the report says firms “can and should develop partnerships to provide these services rather than attempting to deliver capabilities in-house.”