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Showing 131 - 140 of 616 results for "Wealth manager"

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... this transaction marks another milestone in LGT Wealth Management's journey from inception in 2008 to a leading wealth manager in the UK today," LGT Wealth Management chief executive Ben Snee said. "We are confident that our commitment to excellent client ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... prospectus, Liontrust said it would offer 0.0589 of an ordinary Liontrust share for each GAM share. Now, NewGAMe SA and wealth manager Bruellan - which together own 9.6% of GAM - have lobbied a proposal to acquire up to 28 million GAM shares in cash ...

Wealth management ecosystem at critical inflection point: Citi

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
The wealth management sector is at a critical juncture, confronting declining fees and escalating compliance costs, according to Citigroup research. Accordingly, the Citi Disruption and Transformation in Wealth report suggested a need for wealth managers ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... its executive leadership as it moves to a flatter organisational structure following its recent divestments. The wealth manager said it will elevate the leadership of its platforms and advice businesses in two new roles on its executive committee. Its ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Fund managers that were recently acquired or have undergone significant structural changes are seeing massive outflows within their unit trust business to the tune of $21 billion. According to Rainmaker's Benchmarking research note, an interesting ...

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
The listed wealth manager has acquired a stake in a recently launched investment manager and will support the roll-out of three new funds. Sequoia has bought 20% of Euree Asset Management for a cash consideration of $500,000. Euree was formed at the ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... manager. Liontrust offered about $1.11 per GAM share, as well as $180 million. The group, comprising NewGAMe SA and wealth manager Bruellan has raised concerns with the Swiss Takeover Board about some of the deal's terms and contingencies included. As ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
The wealth manager has unveiled a variety of enhancements to its flagship life insurance product range, ClearView ClearChoice. Among the changes, ClearView is simplifying product names across the income protection (IP) range to increase clarity for ...

GBST revamps wealth platform, unveils corporate rebrand

ANDREW MCKEAN  |  WEDNESDAY, 15 MAR 2023
Tomorrow, GBST will launch its enhanced SaaS Composer wealth management administration platform and refreshed brand to support a new strategic direction. GBST's upgraded SaaS Composer platform offers organisations a consolidated view of their customers' ...

Wealth managers bracing for compensation claims

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
A rise in compensation claims from clients is expected over failure to understand risk suitability and will lead to tougher regulation, research suggests. New research from Oxford Risk revealed 58% of wealth managers, who collectively manage assets ...