05/02/2019
HNW women say wealth manager diversity top priority
But of the survey topics most relevant to practitioners, the 45% who said they wanted to see themselves better represented by client facing staff was likely to be the most significant.
Wealth and Asset Management
05/01/2019
UBS Tells Some Managers They Can Hire One for Five Who Go
UBS said earlier this year that it would slow hiring and deepen cost cuts during one of the worst first quarters in recent history, which forced the bank to cut an additional $300 million in costs.
05/01/2019
Schroders develops wealth tool for US bank’s global clients
Combines science of behavioural finance and investment education to improve choices for high net worths
05/01/2019
Tenet acquires Preston wealth manager
The strategy behind the buy out model is to offer network member firms a simpler exit process for retirement.
05/01/2019
International News: Focus On Private Client & Wealth Management
Supreme Court Finds “Wholly Groundless” Exception Not Grounded in Federal Arbitration Act
05/01/2019
Empowering women is critical for the world’s economy and people
If banks and financial supervisors increased the share of women in senior positions, the banking sector would be more stable too.
05/01/2019
Hardly Anyone Is Too Poor to Share
A basic level of social protection is affordable nearly everywhere
05/01/2019
Investec launches client network
Investec says it hopes to connect like-minded clients to drive collaboration and new wealth creation opportunities.
05/01/2019
Mirabaud AM partners with Vevey-based firm to launch SRI fund
The firms will scan the Swiss small-cap universe
04/30/2019
Inflows help push St James's Place funds to record £103.5bn
Andrew Croft, St James's Place's chief executive, said: "This performance demonstrates the resilience of our business through the current political and macroeconomic uncertainty.
04/30/2019
UK wealth managers will have to adapt as people live longer
All this means that wealth management has to change to meet the needs of this ageing cohort.
04/30/2019
St James’s Place posts strong sales despite macro uncertainty
Wealth manager says funds rise 8.3 per cent from the end of the year
04/29/2019
EFG Flags Return to Acquisitions
Fresh money was within the bank's target band of 3 to 6 percent, but at the lower end of the target, which was set last year.
04/29/2019
London luxury property prices rise slightly in the last quarter but sales hit a six-year low
These are the findings of the latest CLPPI, which launches today and shows the impact that Brexit and stamp duty hikes have had on the market – with sales volumes dropping to their lowest level since 2013*.
04/29/2019
Brooks Macdonald launches Decumulation – a new approach to retirement planning
The Brooks Macdonald Decumulation Service, available exclusively through financial advisers, is for clients with a minimum of GBP500,000 to invest who are either withdrawing income from their portfolio or are set to do so within the next seven years.
04/28/2019
The shock wave reaches the shore by Tim Price
The allure of Asia as an investment destination has not dimmed during the past half century.
04/28/2019
Jet-set private school chain Inspired Education appoints Rothschild to sell stake
It is understood the company’s underlying earnings are in excess of £115m.
04/26/2019
Norway wealth fund buys stakes in 7 logistics properties
Three of the buildings are located in Orange County, California, two are in Barcelona, one in Madrid and one in Tilburg, Norges Bank Investment Management said.
04/26/2019
Deutsche Bank Is Fined $500,000 by SEC Over Hedge Fund Disclosures
Bank didn’t reveal it only evaluated funds that shared fees
04/26/2019
Deutsche Bank: Profit up on cost cuts, revenue off
Our continued cost discipline helped us to offset lower revenues and we are well on track to meet our 2019 cost target of 21.8 billion euros.