China approves Schroders WM joint venture
It is the third Sino-foreign JV wealth company given green light to start business
Schroders
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Schroder’s Benchmark Capital buys wealth firm
It will take client assets to £2.1bn, with more deals in the pipeline
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Nearly half of Brits to invest in 2022
Better financial wellbeing is key to improving mental health for most savers
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PEOPLE MOVES: Schroders Personal Wealth, IQ-EQ, FE Fundinfo
Advice business hires chief client officer, while investor services firm makes c-suite change
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PEOPLE MOVES: Credit Suisse, Quilter Investors, Allfunds
Swiss giant names CEO of wealth management, while multi-asset business hires CIO
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Just 21% of advisers have a strategy to attract younger clients
As most believe that COP26 has been a significant driver of demand for sustainable investments
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Investors ‘compelled’ to allocate more to high-risk assets
But most younger clients say performance impacts their mental health
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Most UK women don’t know their pension divorce rights
As 17% say they wouldn’t know how to access their finances if anything happened to partner
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PEOPLE MOVES: FPI, Manulife, GSB Capital
Life insurer names CEO of Singapore branch, as financial services provider makes c-suite change in Asia
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Schroders and Robowealth form Thai partnership
They will offer digital wealth services in the country
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Schroders Personal Wealth unveils Leeds operation
It plans to open an office in Birmingham in October
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Hong Kong investors expect unrealistic returns
They look for outsized stock market performance despite the turmoil caused by the pandemic