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Family offices in Luxembourg: an upward trend

The dynamic demands of ultra-high-net-worth individuals (UHNWIs) have also been evolving over the last decade.

UBS Loses Prestige Mandate After 26 Years

The decision was made by the board of directors of Compenswiss last December.

LLB acquires Zürcher Kantonalbank Österreich AG

This transaction aligns with the LLB Group’s strategy and will see it increase its business volume by around CHF 3 billion.

FCA approves PE takeover of Mattioli Woods

Pollen Street’s takeover of the AIM-listed advice and wealth

Wealth managers expect inflows surge into ‘extremely cheap’ UK equities

The survey revealed 88% of wealth managers and financial advisers believe UK retail investors will increase allocations to the asset class in the next six months.

AstroBank wins international recognition for the second consecutive year

Best Bank in Cyprus for 2024 in Private Banking

PIMFA pushes FOS on CMCs

PIMFA argues that a case fee of £250 for CMCs and Professional Representatives does not act as a disincentive to bring forward targeted block cases against firms that have little chance of success.

Emerging markets are losing their attraction for family offices

Underperformance, geopolitical risk and foreign exchange volatility sends investors seeking US large-cap stocks

HIGHVERN Announces Mid-Year Promotions

The leading independent fiduciary, corporate and fund services provider has made these promotions following fifteen promotions across multiple jurisdictions end of last year.

Wealth manager EV Digital Invest Assets Management AG awarded top 5-star rating by Capital business magazine

With an outstanding result for EV Digital Invest Assets Management AG: it was one of only 10 wealth managers to receive the highest rating of 5 stars.

Skybound Wealth Management opens new office in Cyprus

“Our expansion into Cyprus allows us to navigate the post-Brexit landscape more effectively, ensuring seamless service continuity for our international clients.”

M&G's $12bn Optimal Income fund turns defensive as risks rise

The flagship fund's managers say tight credit spreads mean little yield is being given up to adopt a more defensive stance in the face of increased risks to bond markets.

BlackRock to Acquire Preqin, Leading Private Markets Data Solutions Provider

Strategic expansion of Aladdin tech business into fast-growing private markets data segment, unlocking additional $8 billion total addressable market

Kingswood Holdings Full Year 2023 Earnings

Revenue: UK£86.2m (down 41% from FY 2022).

Nucleus completes acquisition of Third Financial

This acquisition significantly expands Nucleus’s capability in the ‘adviser-as-a-platform’ space.

UBS completes merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG

The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements.

Invesco launches star-powered adviser platform to meet huge soft skills demand

In response, it has launched ‘Invesco Intelligence Plus’, a comprehensive platform for the modern adviser focusing on soft skills, practice management and investment skills

Guernsey Finance takes the win with ‘Wealth for Good’ award

The annual WealthBriefing Wealth for Good Awards program recognises the most innovative and exceptional firms, teams and individuals.

Söderberg & Partners raises £225m to boost growth expansion

Gustaf Rentzhog, Söderberg & Partners co-founder and chief executive, said: “We see that our venture in the UK is working, and we now want to scale it up even faster.

Financial advisors expect bigger book of ESG business in coming years, new Vontobel study reveals

The result shows that sustainable offerings continue to rise in importance in the advisory space despite the headwinds and political backlash that sustainable investing has been experiencing over the last two years.

Wealth and Asset Management