Alliance of Wellington, Vanguard, Blackstone launches funds targeting wealthy investors
The new closed-end funds will be available at launch to Merrill and Bank of America Private Bank clients, the alliance informed...
Category : Wealth Management
Eyeing consolidation in Spain, ING to acquire 40% of wealth manager Singular Bank
ING will acquire the stake from American private equity firm Warburg Pincus, which currently owns 93% of Singular Bank...
Ares, Apollo, Morgan Stanley curb withdrawals again, rattling private credit
Investors sought to pull 14.4% of shares from the USD 22.6 billion Ares Strategic Income Fund (ASIF) in the Q2, up from 11.6% in Q1...
Singapore to remain one of APAC’s wealth management’s bright spots, says report
The Asian city-state has sought to attract wealth managers, banks, and family offices as important parts of their economies...
Consolidation in Switzerland’s wealth management space as Temenos acquires Additiv
With an extensive global client base in the wealth space, Temenos will benefit from Additiv's AI-enabled orchestration layer...
Richest families trim portfolio exposure to dollar, finds UBS
UBS' "Global Family Office Report 2026" saw about two-thirds of family offices predicting weakening confidence in the dollar as the reserve currency...
UBS relocates senior executives to boost Middle East wealth business
UBS' leadership moves follow recent high-profile departures of senior Gulf bankers, including some hired not more than two years ago...
Poaching game: Citigroup, Wells Fargo go all guns blazing
Jonathan Alpert, previously global co-head of insurance coverage at Bank of America, has joined Citigroup as its global head of insurance...
Comparison of private credit crisis to 2008 is useful, but meltdown unlikely: Javier Corominas
The private credit market started 2026 on a bad note, as a flood of investor redemption requests first hit Blue Owl Capital, then the other industry players...
Investors remain bullish despite headwinds, says Morgan Stanley
More than half of investors point to IT as the sector with the greatest potential, said Morgan Stanley Wealth Management...