UBS launches wealth management JV with Sumitomo Mitsui Trust
The new firm is called UBS SuMi TRUST Wealth Management...
Category : Wealth Management
BlackRock’s wealth management JV to start operation in China
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BlackRock owns 50.1% of the joint venture...
Saudi sovereign fund to set focus on public debt
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Global funds are focusing on external partners to operate their portfolio and investments, while some funds such as QIC and ADIA have their own teams to operate...
Saudi increases its holding of US stocks to $12.8 bn
PIF bought a $1.07 bn stake in Electronic Arts Inc and a $1.4 bn stake in Activision Blizzard...
Grab’s head of wealth management to step down
Chandrima Das, who joined Grab a year ago, will step down for personal reasons...
HSBC expands wealth management footprint in Thailand
The London-headquartered bank announced a new private bank in the country...
Digital wealth manager StashAway announces AUM of $1 bn
This makes StashAway the first digital wealth manager to manage assets worth more than $1 bn...
Citi’s wealth management unit in UAE to triple AUM to $15 bn
The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager...
JP Morgan seeks another Chinese wealth management JV
JP Morgan is reportedly in talks with China Merchants Bank to set up an entity...
Goldman to bring its wealth management services to the masses
The investment bank has started internal testing of the digital service, called Marcus Invest...