08/07/2024
L&G Asset Management profits drop 14% following strategy shakeup
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
Wealth and Asset Management
08/07/2024
H2O Asset Management to pay investors €250mn after FCA finds ‘serious breaches’
Regulator says asset manager provided it with ‘false and misleading statements
08/07/2024
Meet the Mayor of Bellevue, the city that will host our new headquarters
Two key features distinguish life in Bellevue, namely its village spirit and its privileged access points to the lake: Port-Gitana, Port Saladin and le Vengeron.
08/07/2024
Jersey Finance Director Explores Family Offices Strategies
These strategies are aimed at providing long-term stability for future generations and adapting to various economic conditions.
08/06/2024
Sing when you’re winning: Baillie Gifford’s boost on £4bn Spotify stake
Ballie Gifford has done exceptionally well on its Spotify bet, holding the streaming giant since 2015.
08/06/2024
Voyant and Oxford Risk to launch wealth management planning solution
Partnering with Oxford Risk allows each platform to combine their own strengths.
08/06/2024
Abrdn sees fall in revenues as hunt for new CEO goes on
To address these outflows and attract new clients, the firm says it has implemented a series of initiatives.
08/06/2024
Societe Generale sells UK private bank arm
Paris-based SocGen said the move was designed to make it more streamlined and efficient.
08/06/2024
Standard Chartered PLC publishes resolvability disclosure
Resolvability disclosures are also being published by other UK banks
08/06/2024
Family offices improve governance standards
Nevertheless, family offices have become more professional in their governance, management and infrastructure over the past five years.
08/06/2024
Financial group Valartis makes last year’s loss forgotten
The Valartis Group is an international financial group with headquarters in Fribourg.
08/05/2024
UBP signs two exclusive agreements to acquire Societe Generale’s international private banking operations in the UK and in Switzerland
These transactions, carried out with the support of Caurus Partners, remain subject to the applicable social procedures
08/05/2024
First, do nothing
Approximately 99% of the time, the single most important thing investors should do is absolutely nothing.”
08/02/2024
AI Insights: Investments, Innovation, and Industry Transformation
Financial institutions today are using AI mainly to increase operational efficiency, and not necessarily to generate revenue.
08/02/2024
Building sustainable wealth for high net worth clients
Life insurance is a trusted way for HNW individuals to allocate funds across various fields and preserve their wealth potential while mitigating risks.
08/02/2024
Wealth managers and financial advisors rush to boost future potential performance tracking
A further four in ten (42%) say they're 'good' and one in four (25%) say their organization is 'average' at tracking the future potential performance of key asset classes.
08/02/2024
Marco Pagliara's One-Way Trip From Switzerland to Singapore
This makes him one of the key leaders in the team of Claudio de Sanctis, the German lender’s global head of Private Bank including wealth management.
08/02/2024
Opinion/Consumer Duty is transforming wealth management but there is still work to be done
Navigating the regulation’s requirements has also brought challenges.
08/02/2024
AXA enters into an exclusive negotiation to sell AXA Investment Managers to BNP Paribas
The total estimated transaction value is expected to be Euro 5.4 billion, representing a multiple of 15x 2023 earnings.
08/02/2024
Crisis not averted: Liontrust’s unhappy GAM anniversary
The week’s top asset management stories, all in one place