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Wealth and Asset Management

09/28/2023

Approval for the 2.5 billion euros second tranche of the 2023 share buyback programme and launch of the execution in August

The first tranche of 2.5 billion euros of the 2023 share buyback programme was launched on April 3rd, 2023 and will end no later than August 3rd, 2023.

09/27/2023

Vega exits stealth with over $8 million in funding to reshape wealth management

Beyond investment products, Vega is also building a wide range of liquidity and financial planning solutions.

09/27/2023

What Chances Does UBS Have at its Trial in France?

The two parties meet on Wednesday before the Court of Cassation, the highest court in France.

09/27/2023

W.H. Ireland Swings to Pretax Loss Amid Challenging Backdrop

Revenue fell to GBP26.7 million from GBP32.0 million.

09/27/2023

Rock Investment SAS Announces its Intention to Provide Financing of Up to CHF100 Million to GAM Building AG

Rock has already provided short-term financing of up to CHF 20 million to cover GAM’s immediate liquidity needs.

09/27/2023

Results of the Extraordinary General Meeting of GAM Holding AG

Both NewGAMe and Rock have reiterated their long-term commitment to secure the necessary financial resources to fund GAM’s operations and provide stability for the firm.

09/27/2023

Pictet takes pole in Europe's uneven adoption of Article 9

As the European Commission consults on the future of its Sustainable Finance Disclosure Regulation, we assess how asset managers have adapted to the rules.

09/26/2023

Close Brothers AM profits tumble 27% amid sale rumours

Total managed assets increased 7%

09/25/2023

Swatch CEO Regrets Credit Suisse Downfall

By deciding to abandon the Credit Suisse brand, UBS has now opened the doors to players from abroad

09/25/2023

Small Swiss Banks are Generally the Most Successful

That suggests smaller financial institutions are better or more consistent with their respective strategies, positively impacting efficiency and profitability.

09/25/2023

Julius Baer enters into a partnership agreement with SWISS to promote sustainable air travel

The purchase of sustainable aviation fuel (SAF) from SWISS and the Lufthansa Group is intended to support the development and establishment of this alternative energy source.

09/25/2023

Close Brothers hopes for better times ahead as it updates investors on a difficult 2023

At its half year results in March, the firm set aside £100m to cover bad loans from Novitas, dragging its adjusted operating profits down 90 per cent to £12.6m.

09/25/2023

Ludlow Trust upgrades philanthropy, unveils innovative charity gateway paired with unique donor matching system

At the heart of Ludlow Trust's latest initiative is proprietary matching software, purpose-built to identify ideal charitable partnerships

09/25/2023

Industry duo launch Strategic Wealth Partners to target high-net-worth clients

The firm, which is based in the centre of Kingston upon Thames, Surrey, said it is set apart from other firms due to its “suite of proprietary solutions, deeply integrated into the Strategic Wealth Portal”.

09/22/2023

London & Capital Partners with Addepar to Deliver Tailored Investment Management and Reporting on a Global Scale

Partnership combines London & Capital's global and strategic investment mindset with Addepar's best-in-class technology foundation and data network to power their technology stack

09/22/2023

JTC Shortlisted in Client Service, Real Asset and Venture categories at Private Equity Wire Awards

The Private Equity Wire European Emerging Manager Awards reward excellence among private equity emerging fund managers and service providers

09/22/2023

Wealth managers spend little time on client ESG preferences

Oxford Risk finds assessments also not providing detailed enough information to act on

09/21/2023

Who Cuts a Good Figure in Asset Manager Ratings

Scores range from insufficient to very good.

09/21/2023

Investec W&I suffers two more exits to Close’s London office

Mark Henley and Simon Tabb join Close Brothers Asset Management’s London City office as senior investment directors.

09/21/2023

Rathbones and Investec W&I complete merger to create £100bn wealth manager

‘Enlarged Rathbones group’

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