07/26/2023
Vontobel will work with Microsoft to employ AI
The global investment company Vontobel is scaling up its collaboration with Microsoft in order to employ Azure Open AI Service.
Wealth and Asset Management
07/25/2023
Julius Baer Breaks New Ground in Client Expansion
This doesn't prevent him from attracting more outside talent because the bank offers attractive conditions.
07/25/2023
Alternative expertise helps LGT make headway in ultra-high net worth space
The strategy, which aims at achieving “equity-like returns with fixed income volatility”, was made available to ultra-rich clients just seven years ago, after the UHNW share class was tested for two years.
07/25/2023
Evelyn Partners Group Limited Interim results for the six months ended 30 June 2023 (unaudited)
During the period, the business delivered record growth in both gross and net new assets, increased operating income including excellent momentum in Professional Services fee growth
07/25/2023
Migros Bank achieved a strong first half of 2023
With success: Migros Bank received several awards in 2023 for the digitization of its customer offering.
07/25/2023
Unicorn Asset Management chair Colin Howell dies
A statement from the firm reports that the industry veteran passed away unexpectedly.
07/24/2023
What is wealth management?
What do wealth managers do and how can they help HNW individuals maximise the efficiency of their investments?
07/24/2023
Presentation of the 2023 half-year results for the Julius Baer Group
In the first half of 2023, assets under management grew by CHF 17 billion (4%) to CHF 441 billion.
07/24/2023
GAM Holding AG provides update on the Liontrust offer
In addition, with GAM having entered into definitive agreements to sell the third-party FMS businesses in Luxembourg and Switzerland to Carne Group, Liontrust has waived the FMS Exit Condition.
07/24/2023
IHT receipts show £0.2 billion rise year-on-year
Inflationary growth of asset values coupled with frozen allowances* are helping ensure that, as things stand, IHT receipts continue to be a lucrative earner for the Treasury.
07/24/2023
Julius Baer plans new northern UK branch as it pulls in billions
The move comes after the private bank saw a surge in first-half inflows to CHF7bn following the merger of two of its biggest rivals, Credit Suisse and UBS.
07/24/2023
Liontrust waives key condition in GAM deal
The requirement for GAM’s fund management services unit to be sold before the takeover deal can go through has been waived.
07/21/2023
UBP: First half-year results 2023
Revenues amounted to CHF 616.4 million in the first half of the year, representing a slight decrease (-0.7%) compared to CHF 620.9 million in the first half of 2022.
07/21/2023
St James's Place makes raft of manager and remit changes to fund range
Move towards global and multi-manager approach
07/21/2023
Withers recognized as a leading firm globally in latest Chambers High-Net-Worth guide
Withers has "an impressive number of experts across a number of jurisdictions; they are all very knowledgeable in their field of expertise.
07/21/2023
Womble Bond Dickinson's private wealth team top-ranked by Chambers High Net Worth guide
WBD is recognised in London, Bristol, Yorkshire, the North East and Scotland.
07/21/2023
Indosuez Wealth Management first international private bank certified Great Place to Work in 2023 in Spain
This certification is in line with the Human Project component of Ambitions 2025
07/21/2023
Close tight-lipped over possible wealth sale in trading update
Close Brothers said it was ‘focusing on disciplined growth, cost efficiency and capital optimisation’ but did not address speculation it was considering a sale of its wealth arm.
07/21/2023
Exponential Client Growth Will Continue To Accelerate, Say Wealth Managers And Financial Advisors
As the number of clients personally serviced by wealth managers and financial advisors continues to grow, advancements in technology are expected to play a major role in this trend.
07/20/2023
Leonteq's First Half Net Profit Hit by Lower Volatility
Trading income fell 90 percent to 17.8 million in the first half, and net fee income increased 7 percent to 123.9 million, resulting in an operating income of 147.1 million, half of what it was a year ago.