All articles by Valentina Romeo
Valentina Romeo
UBS WM says uncertain UK election will bring significant volatility in Q2
The upcoming election is set to be the most unpredictable and fragmented since the 1970s, according to UBS Wealth Management’s Bill O’Neill. “We think there will be significant volatility in the second quarter of 2015 – it is almost inevitable,” said the head of the UK investment office at the bank.
Standard Chartered to sell Swiss client assets to Banque Heritage
Standard Chartered has sold a “bundle of assets” to Banque Heritage for an undisclosed price, as British bank continues its assets liquidation from its Swiss unit.
Waverton chooses GMC Inspire for client reporting
Waverton Investment Management, a UK discretionary investment management boutique, has chosen GMC Software Technology’s Inspire platform for client reporting.
GWM starts to raise capital through a public crowdfunding offer in the UK
Digital wealth management e-commerce platform Gulf Wealth Management Limited (GWM) has started its public crowdfunding through equity crowdfunding company Seedrs in the UK.
Kames Capital bolsters global equity team
Kames Capital has appointed Matt Harding as investment analyst for its equity team. Harding will be working within the North American equities team, reporting to Marcus Chandler, Kames’ head of North American equities.
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Julius Baer’s AuM up 14% in 2014, the bank to slash 200 jobs
Swiss private banking giant Julius Baer has reported a 14% increase in its AuM for 2014, reaching a record CHF 291bn ($312bn). The new figure includes CHF 60bn of AuM reported from the completed integration of the Merrill Lynch’s international wealth unit (IWM), of which CHF 58bn were booked on the Julius Baer platforms.
Coutts hires MD for Western European, American and RND clients
Coutts has appointed John Saunders as managing director (MD) for the private bank’s Western European, American and resident non-domiciled (RND) clients. Based in London, John will oversee the Western Europe and America’s desks, with a team of 50 client advisers and support staff.
Australia: adapting, building, executing
Australia is enjoying its 23rd consecutive year of economic growth, flourishing as a wealthy country, mainly thanks to its vibrant property market and healthy savings culture. With the family office sector developing rapidly, Valentina Romeo talks to domestic players to understand how private banks are shaping their business models for the wealthy
Manulife Singapore’s ManuSignature Series targets HNWIs
Manulife Singapore, the Asian division of Canada-based financial services Manulife, has launched the ManuSignature Series, a new product designed to cater to high net worth individuals (HNWIs).
Praxis and IFM to merge
Guernsey-based Praxis Group and Jersey-based IFM Group have announced plans to merge their businesses aiming to reinforce their footprint in the Channel Islands.