Saudi sovereign fund to set focus on public debtWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021Global 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...Read more
Saudi increases its holding of US stocks to $12.8 bnInternational Finance Business DeskFebruary 17, 2021 by International Finance Business DeskFebruary 17, 2021PIF bought a $1.07 bn stake in Electronic Arts Inc and a $1.4 bn stake in Activision Blizzard...Read more
Grab’s head of wealth management to step downPritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021Chandrima Das, who joined Grab a year ago, will step down for personal reasons...Read more
HSBC expands wealth management footprint in ThailandPritam BordoloiFebruary 3, 2021 by Pritam BordoloiFebruary 3, 2021The London-headquartered bank announced a new private bank in the country...Read more
Digital wealth manager StashAway announces AUM of $1 bnPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021This makes StashAway the first digital wealth manager to manage assets worth more than $1 bn...Read more
Citi’s wealth management unit in UAE to triple AUM to $15 bnPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager...Read more
JP Morgan seeks another Chinese wealth management JVPritam BordoloiJanuary 6, 2021 by Pritam BordoloiJanuary 6, 2021JP Morgan is reportedly in talks with China Merchants Bank to set up an entity...Read more
Goldman to bring its wealth management services to the massesPritam BordoloiDecember 23, 2020 by Pritam BordoloiDecember 23, 2020The investment bank has started internal testing of the digital service, called Marcus Invest...Read more
UBP Private Debt Fund raises over €110 million; seeks diversificationInternational Finance Business DeskDecember 3, 2020 by International Finance Business DeskDecember 3, 2020The UBP Private Debt Fund III has a lifespan of 4.5 years and will return capital after a 2-year investment period...Read more
Stanhope, FWM merger to create world’s largest wealth management firmPritam BordoloiNovember 25, 2020November 25, 2020 by Pritam BordoloiNovember 25, 2020November 25, 2020The new entity will oversee $24.2 billion in client assets...Read more