11/29/2023
SimplyBiz launches additional support package for discretionary wealth management firms following regulator’s ‘Dear CEO’ letter
It also gives firms an insight into the supervisory activity the FCA intends to carry out.
Wealth and Asset Management
11/29/2023
Odey AM applies to cancel FCA authorisation
Winding down process
11/28/2023
Indosuez Wealth Management wins two Global Private Banking Awards
The awards recognise Indosuez's expertise and its ability to offer tailor-made, creative and high value-added solutions to its clients, particularly UHNWs, by drawing on its experts around the world.
11/28/2023
Indosuez Wealth Management Italy wins the "Wealth Protection" award
This award recognises our bank's ability to protect large assets in an uncertain and ever-changing scenario.
11/28/2023
Waverton sees £500mn of inflows from advisers in past year
The firm has 700 advice firms as clients.
11/28/2023
SJP: More Wealth, More ESG Focus
The wealthiest Hongkongers and Singaporeans prioritize ESG and sustainability factors the most when investing, according to a survey by St. James’s Place (SJP) Asia.
11/28/2023
Integration: UBS is reorganizing CS's client advisors
This now also includes the advisors who serve wealthy “affluent” customers in the home market of the acquired bank.
11/28/2023
Mercia Asset Management starts share buyback as cash soars
The first six months of FY24 have witnessed record revenues derived predominantly from Mercia's profitable and cash-generative third-party fund management operations.
11/28/2023
Guiding asset managers through SFDR implementation
For this fund, the client wished to ensure their fund documentation and website accurately reflected their investment process and complied with ESG regulatory requirements.
11/27/2023
Crestbridge Family Office Services recognised at Wealthbriefing MENA Awards
This award serves to underline Crestbridge’s proposition in the Middle East market
11/27/2023
How Piguet Galland Is Successfully Navigating the New Challenges Facing the Swiss Financial Centre
With inflows from new clients reaching CHF 451 million—and much of this growth originating from local clients in the French-speaking Swiss market—our key strategy of proximity to our clients continues to reap rewards.
11/27/2023
Julius Baer Update on private debt exposure in light of recent market developments
The Group confirms that this amount was primarily related to the single largest exposure in its private debt loan book.
11/27/2023
Zurich's traditional banks are languishing on the stock exchange
The reasons for the decline in Vontobel shares go back almost four years.
11/27/2023
Robeco, Schroders scoop prizes at FN’s fund management awards
The Excellence in Institutional Fund Management Awards celebrate the very best of the profession
11/27/2023
Valartis buys back its own shares
The fixed price buyback offer is valid from December 4, 2023 to and including December 15, 2023.
11/27/2023
Alpian rolls out free digital private banking for young adults
Digital private bank Alpian has launched its new platform in collaboration with fashion brand Titolo.
11/27/2023
Wealth manager merges with IFA firm
It will rebrand to MKC wealth
11/27/2023
Bird & Bird advised Canaccord Genuity and Fox-Davies Capital on an oversubscribed placing by CleanTech Lithium
The Placing conditionally raised gross proceeds of £8 million at 22 pence per share.
11/24/2023
FCA sends hard-hitting ‘Dear CEO’ letter to wealth managers and retail stockbrokers
The FCA notes that consumers have lost significant sums due to scams and fraud, and some firms have enabled money laundering.
11/24/2023
The hunt for René Benko's creditor banks is on
In recent weeks, Signa has struggled to service outstanding debts: rising interest rates and falling income from commercial space are causing problems for the Austrian investor's empire.