Jupiter announces record breaking AuM of £58.7bn
Jupiter Fund Management announced a record high for assets under management (AuM) of £58.7bn ($81.63bn) across 2020, according to the…
Lombard Odier profit rises in 2020 amid strong inflows
Lombard Odier has weathered the Covid-19 storm, reporting a growth in net profit and assets due to strong net new money and favourable market impacts. Highlights in 2020 Consolidated net…
26 Feb 2021
Standard Chartered private banking loss deepens in Q4
The private banking arm of British banking group Standard Chartered has widened its loss in Q4 2020. The group too suffered market jitters, reporting a loss in Q4 and annual…
25 Feb 2021
SJP records 10.5% increase in funds under management in 2020
St James’ Place (SJP) wealth management has released its annual results for year ended 31 December 2020, revealing a 10.5% increase in funds under management to £129.3bn ($183.2bn), with net…
25 Feb 2021
Scotiabank wealth unit reports strong performance in Q1
The Global Wealth Management business line of Scotiabank has reported a 37% growth in Q1 2021 profit driven by higher mutual fund fees, brokerage revenues, and performance fees. These outweighed higher non-interest…
24 Feb 2021
EFG registers profit rise in 2020; strong inflows drive AuM growth
EFG International has ramped up its growth momentum in 2020 despite the challenging market, with a 22% surge in net profit and accelerated net new asset growth. Strong net new…
24 Feb 2021
BMO Financial wealth unit records profit growth in Q1
The wealth management arm of Canada’s BMO Financial Group had a strong start to its financial year, with a 23% growth in reported net income. The group performance too improved…
24 Feb 2021