04/20/2023
Banque Havilland announces the sale of its institutional banking activities to Banco Inversis
The colleagues working for this business area will be transferred to Inversis, at unchanged conditions and benefits, in the same time frame.
Wealth and Asset Management
04/19/2023
OWIN 2023: the future of wealth management between growth and sustainability
Customer needs and market trends evolve continuously: innovation is the driving force of adaptation to change and a key ingredient for long-term sustainability and growth”.
04/19/2023
Citi Estimates Post-Takeover Outflows at CS
In the worst-case scenario, the estimated figure could reach one-third, or 162 billion francs, due to cultural differences between UBS and Credit Suisse leading to increased attrition or rivals successfully luring bankers and clients.
04/19/2023
Ecospend joins PIMFA WealthTech as Innovation Partner to pioneer new Open Finance solutions for the wealth sector
It has processed over £12bn in payments for HMRC and has recently gone live with its unique offering for one of the UK’s largest investment platforms.
04/19/2023
Zug consolidator invests in Geneva independent asset manager
Quaestor Coach specialises in the acquisition and development of wealth and asset management firms.
04/19/2023
Citadel discloses chunky St James’s Place short bet
According to FCA data, Citadel Advisors Europe had a 0.5% short position against the wealth management group on 12 April.
04/18/2023
Latest News from Tatton Investment Management: Return of calm bodes well for Spring
Mildly positive returns across the risk spectrum tell the story of another risk storm having passed without sinking global capital markets.
04/18/2023
Tidjane Thiam Fights to Defend His Identity
The bank is now in the process of being taken over by arch-rival UBS.
04/18/2023
New mortgage club launches for HNW clients
Private Banker Finance primarily specialises in sourcing mortgages for £1m and over.
04/18/2023
Wealth manager celebrates record year, despite volatile markets
Net inflows in the second half of the year were £0.887bn, an average of £148m per month, maintaining the strong performance delivered in the first half of the year of £0.907bn.
04/18/2023
Liontrust among suitors for Zurich-listed asset manager GAM
A combination of London-listed Liontrust Asset Management and GAM would create a fund manager overseeing roughly £100bn in assets, Sky News learns.
04/18/2023
Emerging markets in the era of friend-shoring
Five years ago the US and China began imposing tit-for-tat customs duties, adding friction to global trade.
04/18/2023
Objectway in the Wealthtech 1000 for the Fifth Consecutive Year
The Advisory Board and FinTech Global team set out to find the best and brightest companies that are solving the industry’s most significant problems, raising capital, generating revenue, and gaining customer traction.
04/18/2023
DFM's assets trapped after FCA shuts down WealthTek
Collapsed wealth firm was custodian for Stellar Asset Management, meaning client money is stuck while special administrators complete their task.
04/17/2023
Jersey based Oakglen Wealth launches UK investment management arm
Quilter Cheviot veteran Dominic Tayler at the helm as Managing Director (UK)
04/17/2023
Redmill Advance buys financial adviser training provider
It is the company’s first acquisition of 2023
04/14/2023
Northern Trust Adds Mobile Access to Front Office Solutions Platform
The new mobile application provides a user-friendly interface, intuitive navigation, and robust filtering options to help clients stay organized and informed while on the go.
04/14/2023
LV= announces plans for BlackRock as its main asset manager partner
This move is part of LV’s wider strategy to advance its investment management capabilities and strengthen future performance prospects for investors.
04/14/2023
SG Kleinwort Hambros launches France desk for international clients
The new French Nexus, launched in partnership with the firm’s owner Société Générale, will offer clients a bespoke service delivered in either French or English.
04/14/2023
Investment trust buys minority stake in UK wealth manager
In a bid to ‘support and accelerate the growth of the business’