09/23/2024
Private Banking Awards 2024: Recognizing Excellence in Wealth Management
This year, 21 providers participated, with peers evaluating each other’s performance, ensuring an independent and objective ranking.
Wealth and Asset Management
09/23/2024
Carmignac enters private markets with launch of Article 8 PE strategy
The Carmignac Private Evergreen fund will be run as part of a strategic partnership with secondaries firm Clipway
09/20/2024
Vontobel to acquire client book from IHAG Privatbank
The transaction is expected to have a positive impact on Vontobel’s group net profit from day one.
09/20/2024
IQ-EQ’s Bagshaw: The asset management industry must do more to fuel female success
Caroline Bagshaw highlights the initiatives firms should adopt to move the needle towards better diversity, equity, and inclusion
09/20/2024
Citi targets Swiss family offices with ‘highly beneficial’ PM licence
Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.
09/20/2024
Wealth Managers turn to technology to address challenges
The study found around three out of four (74%) questioned said they expect to increase investment in technology to help address regulatory demands with 35% expecting a dramatic increase over the next three years.
09/20/2024
UK wealth managers and IFAs see rising interest in leveraged exposure
The study has revealed that 85% of UK-based wealth managers and IFAs report that their clients have invested in financial instruments that offer leveraged exposure.
09/20/2024
Raiffeisen stamps deal with Soven 1 Holding to sell Priorbank JSC
RBI signs a contract to sell Priorbank JSC to Soven 1 Holding Limited.
09/20/2024
Saffery Trust named Trust Company of the Year at 2024 STEP Private Client Awards
The firm was also recognised for its contribution to its community
09/19/2024
Deutsche Bank strengthens its comprehensive advisory approach and invests in digitalization
Deutsche Bank remains the bank for clients looking for high-quality advice.
09/19/2024
Close Brothers agrees sale of Close Brothers Asset Management to Oaktree
The Transaction is expected to complete in early 2025 calendar year and is conditional upon receipt of certain customary regulatory approvals
09/19/2024
Close Brother Preliminary Results for the year end to 31 July 2024
The FCA's review of historical motor finance commission arrangements announced in January introduced significant uncertainty for the group.
09/19/2024
Swiss Private Bank Donates Digital Artwork to Kunsthaus Zurich
This immersive artwork is based on glacier data and innovatively visualizes the dramatic effects of climate change.
09/19/2024
Asset managers scramble to appease shareholders on strategy
New leaders have no time to lose and those who act quickly could be rewarded, research suggest
09/19/2024
Schroders Capital receives approval to launch UK Venture and Growth LTAF
LTAFs are vehicles designed to enable UK investors with longer-term horizons to invest in more illiquid assets, allowing them to take advantage of the robust returns and diversification benefits of private markets.
09/18/2024
Newcomer Private Bank Nears 10 Billion Francs Mark
It now appears that this figure is approaching 10 billion francs.
09/18/2024
PIMFA WealthTech opens applications for cyber security Tech Sprint
Business continuity and protection for both the organisation and their clients is paramount
09/18/2024
Partners Group teams up with Mediobanca Private Banking
The Italian bank’s high-net-worth clients will have access to Partners Group’s evergreen private equity strategy that’s been running for 17 years.
09/18/2024
Corum acquires Aargau asset manager
Independent asset manager Corum has acquired Menziken-based Sensusplus.
09/18/2024
‘Business as usual’ at EQ and Quilter after Hawksmoor SDR suspension
EQ Investors and Quilter do not have immediate plans to follow rival Hawkmoor’s move and temporarily suspend sustainable services to new clients due to lack of SDR clarity.