Global wealth surges 10.6% to $530trn
It is the fastest growth rate in over a decade
Wealth Management
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Alternative investment manager sets up wealth operation in Asia
As it hires former global head of discretionary portfolio management at HSBC PB
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Mena wealth market set for expansion over next 3 years
Assets under management in the region predicted to hit $2trn before 2025
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At least 10 more years of high-paced UK wealth manager M&A
‘Value-creation opportunities remain significant for both current and new participants’
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Aussie wealth managers merge
The two businesses will continue to operate as standalone entities
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Accountancy group buys IFA firm
To bolster its private wealth operation
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Indian financial group to demerge wealth management arm
As the latter looks to grow client base by 30-40% every year
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Tax and wealth advisory firm acquires accountancy business
Deal bolsters support to local companies and individuals with planning needs
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China approves Schroders WM joint venture
It is the third Sino-foreign JV wealth company given green light to start business
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Monzo to open investments and wealth arm
Challenger bank is actively recruiting for a general manager to head up the business
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Banking group partners with Swiss investment solution provider
In a bid to bolster its international wealth management offering
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Banking group eyes wealth management unit in China
In a bid to sell mutual funds to retail investors