05/01/2024
Asset managers show signs of shift towards investor-centric strategies
The survey conducted by WBR Insights for Northern Trust has revealed evolving priorities within the asset management industry.
Wealth and Asset Management
05/01/2024
Coutts partners with JPMAM to launch alternatives fund
The Coutts Diversifying Alternatives Multi-Manager fund seeks to deliver returns with minimal sensitivity to traditional markets.
04/30/2024
Titan Wealth eyes deal for PE-backed rival
Both firms are backed by Ares Management, which provided IWP with a credit line of £103m to fund an acquisition spree.
04/30/2024
Abrdn completes sale of €8.6bn European private equity business
The asset manager sells the division to Nasdaq-listed alts specialist Patria Investments in a €117m deal.
04/30/2024
HSBC Holdings plc 1Q 2024 Earnings Release
Annualised ECL as a percentage of gross loans and advances to customers was 30bps in 1Q24, including held for sale balances.
04/30/2024
IQ-EQ supports the combination of Wavestone and Q_PERIOR by setting up a fiducie
This combination aims to create a new European consulting champion with a global reach, targeting revenue of €1 billion by 2025.
04/30/2024
EFG extends buyback of shares to fund its variable deferred share-based employee compensation
The purchase is being executed through open market purchases in a market-sensitive manner by a third party.
04/30/2024
SJP sees drop in inflows as it works on review of business
Both programmes are proceeding in line with our plans and expectations, and the financial guidance associated with each of these remains unchanged.
04/30/2024
Exceptional Development in the Asset Management Sector
The increase in managed assets (AuM), with an increase of approximately 9 percent increase, was largely attributable to positive market performance in the fourth quarter of 2023.
04/30/2024
Fairstone makes changes to organisational structure to drive growth
The change has resulted in six managing directors being appointed with three joining the northern, central and southern regions of the UK.
04/30/2024
UBS elite unit gains access from Regenmacher
The team includes a few hand-picked dealmakers who are supposed to negotiate directly with the heads of corporations.
04/30/2024
The Vaudoise Group takes over the company Prevanto and becomes the market leader in actuarial advice for pension funds in Switzerland
This makes the Vaudoise Group the market leader in the area of actuarial advice for pension funds.
04/30/2024
Brooks Macdonald partners with Sporting Wellness to promote financial wellbeing for sportspeople
As part of this partnership, Brooks Macdonald will provide financial wellbeing sessions designed to empower the athletes of Sporting Wellness’s charity partners
04/30/2024
Van Lanschot Kempen: first quarter 2024 trading update
Assets under management (AuM) rose by 6%, thanks to strong net inflows and a positive market performance.
04/30/2024
Coutts in Conversation: A Good Start to the Year for Investors
Our investment experts shared their current, positive market outlook and explained why they’re shifting from UK to global stocks at a recent client event.
04/29/2024
Jupiter to keep £500m of flagship fund after manager’s exit
The fund sits in Jupiter’s Merlin range, which operates at a degree of separation from the wider group.
04/29/2024
Private bank PKB doubles profits thanks to new strategy
PKB Private Bank made a profit of 16.8 million francs in the 2023 financial year .
04/29/2024
Deutsche Bank provides information about the legal dispute over the Postbank takeover
While Deutsche Bank continues to strongly disagree with such an assessment, the court's comments influence the bank's assessment of the likelihood of a future payment.
04/29/2024
Market concentration and return dispersion at a turning point
The dispersion in performance between the Magnificent Seven and the rest of the market has been very significant, underscoring the transformative power of AI in reshaping industries and market expectations.
04/29/2024
Macquarie Asset Management finances upgrade and expansion of three Midlands hospitals
The projects will help enhance the accessibility and quality of facilities for each hospital’s patients, visitors, and staff.