08/18/2021

Aussie wealth management amounts to $3.06t

The sector accounted for over a quarter of the entire financial services market in Australia and was the second largest segment of the financial services sector

08/13/2021

Which sectors are ripe for M&A activity?

There are three sectors which could see increased merger and acquisition activity this year, according to Wealth Within’s Dale Gillham, as companies seek to utilise excess cash.

08/12/2021

AMP announces 1H 21 results

Australian wealth management increased its assets under management (AUM) in 1H 21, though earnings were impacted by pricing and legislative changes.

08/10/2021

UBS Launches Wealth Management JV in Japan

Soon thereafter, the two groups established a consultation and event organizing company to identify prospective new clients and began cross-selling each other’s products into their respective client bases.

08/10/2021

NAB eyes HNW expansion with global banking buy

NAB has doubled down on the high-net-worth advice space months after unloading MLC to IOOF, purchasing a global bank’s consumer business that it says will create opportunities to better serve sophisticated investors.

08/10/2021

Pictet AM receives QDLP licence

Pictet Asset Management’s wholly foreign-owned enterprise (WFOE) in Shanghai has registered as a Qualified Domestic Limited Partner (QDLP) Manager with the Asset Management Association of China (Amac).