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Wealth and Asset Management

10/19/2018

Wealth Managers on how they are handling the EM sell off

All the while, the fire of political and economic instability is being fanned by US dollar strength, as the Federal Reserve raises interest rates and president Donald Trump’s threats of trade wars escalate.

10/19/2018

Client demand prompted Rathbone fund launch

Financial returns and investing responsibly are not mutually exclusive, Rathbones’ David Harrison has said.

10/18/2018

UBP launches first impact investing fund

This is a thematic fund, the theme being that the planet and society is in acute need of repair and that repair is expensive.

10/18/2018

Secure Trust Bank & Arbuthnot Banking Make Progress In Third Quarter

The lender did, however, warn of the ongoing "uncertainty" surrounding the Brexit leading the bank to continue to be "selective" in respect to new lending activities.

10/18/2018

Germany's private household wealth rises to unprecedented level in Q2

The German Central Bank's definition of private household wealth includes cash, bank deposits, equities and insurance claims.

10/18/2018

Global Wealth Report 2018: US and China in the lead

Total wealth and wealth per adult in the United States have grown every year since 2008, even when total global wealth suffered a reversal in 2014 and 2015.

10/18/2018

Tatton's AUM edges closer to £6 billion mark

The firm’s IFA support services arm Paradigm Partners signed up an additional 14 companies, reaching a total of 382 over the period.

10/18/2018

Global wealth up 4.6% to US$317 trillion

Credit Suisse Research Institute publishes ninth edition of the Global Wealth Report

10/17/2018

Would you turn down £1bn? Why some people don’t want to inherit

Rich families often define themselves via their philanthropic trusts

10/17/2018

Speirs & Jeffrey deal boosts Rathbone funds under management, profit

Underlying net operating income rose to 80.3 million pounds for the three months from 70.5 million pounds, a year earlier.

10/16/2018

Digital Wealth Manager Liqid Raises €33M

The company is using the funds to continue to expand operations.

10/16/2018

AFH to swell acquisition war chest with £15m fund raise

Advice consolidation giant AFH plans to raise another £15 million in a fresh share placing to fuel a fresh ‘pipeline; of advice acquisitions.

10/16/2018

Schroders quiet on Lloyds tie-up as intermediary assets slip

The £79bn slice of the Lloyds mandate would be a welcome boost the asset manager’s sluggish AUM growth.

10/16/2018

This Bank Halved Clients While Doubling Assets Under Management

Germany’s DZ Privatbank shifts focus to much larger mandates

10/15/2018

UBS Group AG: UBS Europe SE completes acquisition of Nordea’s Luxembourg-based private banking business

The acquisition enables UBS to expand its presence in Europe and further build its position as a key Wealth Manager for Nordic clients in Europe.

10/15/2018

Wealth managers who really earned their fees (and how they did it)

He’s been the shining light but there have been a number of them.”

10/15/2018

Schroders third-quarter assets buoyed by institutions as retail demand falters

Unlike its peers, Schroders does not disclose how its assets under management were impacted by market moves or the decision of clients to invest or withdraw their cash.

10/14/2018

Queen’s disgraced banker turns up too!

Harry Keogh, 57, left Coutts this year after allegations he made lewd comments

10/14/2018

PBI Global Awards winners announced

BNP Paribas made a string of major new hires in its North Asia division this year.

10/12/2018

Weatherbys doubles up in Scotland as personal touch pays off

The bank, which is headquartered in Wellingborough, Northamptonshire, recently appointed Jacqui Low to its advisory board as part of its Scottish growth plans.

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