10/20/2022
Investors pull money from fund managers as stocks and bonds fall in tandem
The FTSE 250 company also took a $4.5 billion hit from the stronger dollar in the third quarter and net outflows from its funds of £500 million.
Wealth and Asset Management
10/20/2022
GAM Holding AG Releases Interim Statement for the Three-Month Period to 30 September 2022
Challenging market conditions continue to impact GAM’s assets under management
10/20/2022
UK fund managers Schroders and Jupiter's assets fall on volatile markets
Schroders said the fall in its AUM was partly driven by a decline in its Solutions segment and a 5% decline in its Mutual funds unit.
10/20/2022
Third quarter new business inflows and funds under management update 2022
This has underpinned gross inflows of £4.05 billion, only modestly lower versus a record comparative period in 2021.
10/19/2022
Fidelity International launches two funds for Howard Wright clients
Advisers at Howard Wright can blend the funds for their clients
10/19/2022
Lazard moves UK headquarters to Marylebone
The firm has signed a 15-year lease for the Marylebone-based office space, to be occupied by early 2025.
10/19/2022
Credit Suisse Exploring Capital Raise With Banks
The bank could be aiming to raise at least $2 billion to pay for the bank's restructuring and operating losses over the next couple of years
10/19/2022
Rathbones announces a trading update for the three months ended 30 September 2022
Rathbones is well-positioned to take advantage of the future growth opportunities that can arise both during and after periods of investment market volatility.
10/19/2022
Quilter assets dip in rough conditions ahead of Feeney exit
Assets under management at Quilter dipped 2% in the third quarter, falling to £96.9bn from £108.5bn in the same period of 2021.
10/18/2022
UBS expands its UBS key4 digital product line and accelerates processes
UBS is also the first bank in Switzerland to implement the automatic identity verification for individuals using a biometric passport, including the electronic signature.
10/18/2022
Credit Suisse Investment Bank Chief Packing His Bags
Speculation about Credit Suisse's new strategy is being fed new food for thought on an almost daily basis.
10/18/2022
Zurich Italy and Deutsche Bank complete the acquisition of Deutsche Bank Financial Advisors by Zurich
Financial advisors, assets under management and employees of Deutsche Bank Financial Advisors move to Zurich Bank
10/18/2022
Reyl Intesa Sanpaolo Calls for Shift in Education with Launch of forward Publication
FORWARD analyses how the pandemic has taken the role of catalyst, crystalising a communications and content delivery revolution in education, which had been in the making for decades.
10/18/2022
HSBC advisers on why global uncertainties necessitate a new approach to managing wealth
For many, this realisation was a watershed moment – the jolt they needed to start structuring their wealth around their personal life, passions, and future ambitions.
10/18/2022
Schroders signs up to impact investing framework
Impact investing is now viewed among the key pillars of sustainable investing, alongside integration and positive screening, according to Schroders’ Institutional Investor Study 2022 published earlier this year.
10/18/2022
Swiss banks: challenges posed by sanctions
The type of sanctions introduced and the scope of the people and entities targeted go well beyond measures previously taken against specific countries.
10/18/2022
Tatton Asset Management performs 'well' in first half
Total inflows were £0.91bn - an increase of 39.1% compared to the same period last year.
10/18/2022
Fresh funding boost for acquisitive wealth management group
The new debt facility will accelerate Kingswood's strategic growth plans and provide additional capital to fund future acquisitions as well as fund existing deferred consideration.
10/18/2022
New Prestatyn Base for Wealth Management Firm
Setting up the new base in Prestatyn was a particular pleasure for Mr Parry, who grew up in the town but now lives in Hawarden.
10/17/2022
"Outstanding Global Private Bank in Europe" & "Most Innovative Digital Offering"
Through its ONE Bank approach with CIB and Real Estate, BNP Paribas Wealth Management’s goal is to offer clients tailor-made services.