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Wealth and Asset Management

03/23/2022

Annual financial statements of the Credit Suisse Real Estate Fund International as of December 31, 2021

As a result of the portfolio expansion, the positive revaluation of existing properties, and the construction progress of a newbuild project, the market value of the portfolio properties increased to CHF 4,205.5 million (previous year: CHF 4,033.8

03/23/2022

Schroders CEO calls for more financial health checks pre-retirement

We need to sell the benefit of good advice.

03/23/2022

Rothschild’s Wealth Unit Won’t Accept New Russian Clients

Private banking unit has about 70 Russian-nationality clients

03/22/2022

Archegos quietly built stake in Deutsche Bank

Germany’s biggest bank was also among the lenders to the family office whose collapse left rivals with $10bn in losses

03/22/2022

Coutts to Stop Investing in Russian Assets

In line with our investment principles, we’re removing Russian assets from our client portfolios and funds.

03/22/2022

WealthSelect bolsters portfolios as equities sold in favour of alts and bonds

“Being active will be key in this market environment and allow investors to navigate any disruptions by remaining well diversified and alert to opportunities when they arise.”

03/22/2022

Digital Integration in Wealth Management 2022

Operating within an increasingly digital landscape and serving next-generation clients

03/21/2022

Julius Baer publishes Annual Report 2021 and Sustainability Report 2021 and provides update on climate targets

The Sustainability Report includes a detailed outline of Julius Baer’s new climate strategy to achieve net-zero carbon emissions in its own operations by 2030.

03/21/2022

Wealth management firm signals commitment to region with new Birmingham office

“As home to, almost a sixth of the UK’s population, close to 650,000 vibrant companies and several leading UK universities"

03/18/2022

Anglo-South African bank and wealth manager Investec lifts profit forecast

That marks a significant increase on the previous year, when the pandemic hit the lender and profits came in at £377.6million.

03/18/2022

Why are more family businesses turning back to the family office model?

Only 34 percent of US family businesses have a “robust, documented and communicated” succession plan in place.

03/17/2022

UAE billionaire Sajwani to invest $1bln in building data centres

Property tycoon to develop facilities in Europe, Asia, Africa, Middle East

03/17/2022

BaxterStorey Partners With Social Bite Charity To Open First Coffee Shop In London

A VIP launch saw local businesses, charities and celebrities including Scottish actor, Martin Compston and singer, Matt Willis, join CEO of Coutts, Peter Flavel and Social Bite founder Josh Littlejohn to show their support in the opening of the caf&ea

03/17/2022

Ken Griffin, billionaire hedge fund owner, to join Chicago Cubs owners in Chelsea bid

Ahmed said Griffin's bid is an individual one and has nothing to do with the hedge fund business.

03/17/2022

Julius Baer Group Ltd. to redeem Perpetual Tier 1 Subordinated bonds issued 20 October 2016 at first call date

The bonds (ISIN: XS1502435727), with a coupon of 5.75% per annum, were issued by Julius Baer Group Ltd. in the aggregate nominal amount of SGD 325 million.

03/17/2022

Tilney Smith & Williamson doubles Newcastle office

The group has provided Financial Planning to its clients, including families, business owners and charities, in Newcastle for over a decade.

03/17/2022

Julius Baer Guernsey moves into its new purpose-built offices

Having enjoyed significant growth in recent years, Julius Baer required a larger premises to accommodate its circa-150-strong team.

03/16/2022

Bank of Cyprus recognised for asset management services

“Our clients are embracing our services, and as a result, we are continuously gaining momentum which is reflected in our results,” Kalogeris stated.

03/16/2022

ZEDRA completes acquisition

Staff joining ZEDRA will relocate to their renovated Luxembourg offices.

03/16/2022

Hong Kong Tycoon Sells UBS London Headquarters for £1.21 Billion

Li Ka-shing’s CK Asset Holdings Ltd. agreed to sell 5 Broadgate in London

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