12/07/2023
UBP House View - December 2023
Despite all the negative forecasts after 2022, which was a bleak year, risk assets have delivered good-quality returns across most asset classes.
Wealth and Asset Management
12/07/2023
Societe Generale Said to Revive Sale of UK Private Bank Unit
Krupa has signalled SocGen will exit non-core businesses
12/06/2023
UBS Sells Jet That Caused Grounding of Ex-CS Chair
The purchase price is unknown.
12/06/2023
Impax launches Global Social Leaders Strategy
Impax believes that the investment opportunity to back companies that are benefiting from these societal trends is being undervalued by the market.
12/06/2023
HFMC Wealth completes acquisition of Harford Financial Ltd
The support team will be strengthened further with Anson Doneganalso joining the team.
12/06/2023
Skerritts adds £230m AUM with Chester adviser acquisition
Second deal under Paul Feeney took reigns at PE-backed firm
12/06/2023
One Swiss Bank will disappear from the stock exchange in March
At the same time, a special dividend of 23 cents per share was approved, which has already been distributed to the shareholders.
12/06/2023
LV= completes next phase of asset transition to BlackRock
The full transition of select LV= funds to BlackRock for management is due for completion in the first half of 2024.
12/06/2023
Zurich boutique to launch equity fund following Finma approval
Arvy’s new Ucits fund targets global equities and its top holding is Novo Nordisk.
12/06/2023
Columbia Threadneedle Investments enhances responsible investment offering with the launch of the CT (Lux) Global Social Bond fund
The launch complements Columbia Threadneedle’s existing UK and European strategies, providing investors with a wider choice of geographical remit for their social bond exposure.
12/06/2023
New wealth consolidator buys business off SJP’s DFM arm
The recently formed Liberate Wealth has acquired Stafford House Investments from St James’s Place discretionary fund management subsidiary Rowan Dartington.
12/05/2023
Mirova targets €350 million for new strategy dedicated to sustainable land management
The new fund will support agroforestry, sustainable forestry, and regenerative agriculture projects in developing countries, while preserving and restoring nature and the climate.
12/05/2023
Swiss Private Bank, Banque Pictet, Admits To Conspiring With U.S. Taxpayers To Hide Assets And Income In Offshore Accounts
Bank Enters into a Deferred Prosecution Agreement for Criminal Misconduct and Agrees to Pay More Than $122.9 Million
12/05/2023
‘We don’t distribute profits’: Ex-Oddo team on launching Zurich IAM
Elias Hamana, managing partner of G7nesis, discusses the value of independence, his growth plans and the firm’s modular approach to customising portfolios.
12/05/2023
Liberate Wealth establishes south west presence with second acquisition
Stafford House Investments is responsible for £275m of client assets and the acquisition brings Liberate Wealth’s assets under management (AUM) to £475m.
12/05/2023
World’s Best Private Banks 2024—The Year Ahead
On the other hand, the ongoing generational shift in client composition and evolving technology breakthroughs keep accelerating demand for new, better-yielding investment products.
12/04/2023
Swiss private bank Pictet backs Britain with £200m investment
Under the deal, it will receive up to £60 million from Pictet to extend its services and attract new clients in return for a controlling stake in the business.
12/04/2023
Redemption of UBS Group AG additional tier 1 instrument
The AT1 instrument was issued by UBS Group AG on 31 January 2019 and is listed on the SIX Swiss Exchange.
12/04/2023
Zeno Staub – Vontobel CEO with hat and fit
Rather, the long-time bank boss and centrist politician will go door to door again on December 6th as “Santa Claus” to visit children, bring gifts and listen to their songs or verses.
12/04/2023
St James’s Place cuts charges and switches manager lineup on two funds
St James’s Place cuts charges and switches manager lineup on two funds