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.
Wealth and Asset Management
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’
09/20/2023
Ludlow acquires Blackpool wealth management firm
Opus provides financial planning and wealth management services to more than 100 private client families with around £53m of assets under advice.