Online wealth manager Nutmeg rolls out personalised financial advice
Nutmeg, the UK online wealth manager, has announced plans to roll out personalised investment advice. The new offering is a…
ByMonth: October 2018
Vontobel eyes Asia family offices for regional growth
Swiss asset manager Vontobel has unveiled plans to develop its business with external asset managers (EAMs) and family offices in…
Standard Chartered private banking income remains flat in Q3
Standard Chartered private banking business has posted an income of $127m for the third quarter of 2018, almost unchanged compared…
Liechtensteinische Landesbank appoints new group COO
Liechtensteinische Landesbank (LLB) has named Patrick Fürer as its new group COO, effective 7 January 2019. In the new role,…
Commonwealth Bank to sell asset management business to Mitsubishi for $2.9bn
Commonwealth Bank of Australia (CBA) has agreed to divest its global asset management arm Colonial First State Global Asset Management…
Barclays makes senior hires in wealth management arm
Barclays Wealth Management has appointed Richard Kirkham, David Firth, Catherine Makin, Richard Lindop, Andrea Charge and Alison Probert to strengthen…
BNP Paribas Q3 wealth income slips
BNP Paribas wealth and asset management unit has posted pre-tax income of €143m for the third quarter of 2018, a…
Assets of world’s largest fund managers increase to $93.8 trillion
Assets under management (AuM) of the world's largest fund managers totalled $93.8 trillion in 2017, an increase of 15.6% compared…