Wealth Management MC
ESG can’t be ignored in investment decisions
Will Hamilton, The Australian The dramatic closure of the Hazelwood coal power station in Victoria may well be a key moment in history — and in the wider nature of how we go about investing. Capable of producing up to 25 per cent of the state’s power needs and employing more than 900 people, the […]
DBS, Julius Baer weigh bids for ABN AMRO Asia wealth unit – sources
Saeed Azhar and Sumeet Chatterjee, Reuters DBS Group Holdings (DBSM.SI) and Julius Baer Gruppe (BAER.S) are weighing bids for Dutch lender ABN AMRO Group’s (ABNd.AS) Asia private banking business that manages about $20 billion in assets, several people with direct knowledge of the matter said. ABN AMRO, which has hired Lazard Ltd (LAZ.N) to advise on […]
Asia Revenue May Top Europe in 5 Years: Julius Baer CEO
Chanyaporn Chanjaroen, Bloomberg Julius Baer Group Ltd. said Asia may overtake Europe as its biggest revenue-generating region, as the Swiss wealth manager steps up hiring in Hong Kong and Singapore. “In the next five years, Asia could be the biggest region for us if we grow at double-digit” rates, Chief Executive Officer Boris Collardi said Wednesday […]
KPMG Boosts Wealth Management Arm
Killian Plastow, InvestorDaily KPMG has announced the appointment of Maryanne Scroggie to its wealth management division. Ms Scroggie makes the move from UniSuper, where she was responsible for corporate marketing. She has previously worked in media roles at Cbus and Media Super. In her new role as associate director, Ms Scroggie will support the delivery of member engagement, […]
Wealth Management Firms Falling Behind on Technology
Linda Santacruz, InvestorDaily In a new report titled Sink or swim: Why wealth management can’t afford to miss the digital wave, PwC found that 69 per cent of high-net-worth individuals (HNWIs) are now using online and mobile banking, but only a quarter of advisers offer digital channels beyond email. Further, 47 per cent of those […]
Sustainability Increasingly Important for Investors: BCG
Gregory Unruh, David Kiron, Nina Kruschwitz, Martin Reeves, Holger Rubel, and Alexander Meyer zum Felde, BCG Perspectives Sustainability is increasingly important for investors, as evidence mounts that companies’ environmental, social, and governance performance has an impact on long-term financial success. BCG’s seventh sustainability report in collaboration with MIT Sloan Management Review found that 75% of […]