Wealth
Natixis Corporate & Investment Banking has tapped Luc Bernard to lead its technology and innovation hub in Bangalore. Bernard, who previously served on the center’s board, steps into the role as the firm looks to deepen the integration of its Indian operations into its broader global financial architecture.
Wealth
The Dubai Financial Services Authority has officially admitted the UAE Ministry of Finance’s inaugural sovereign retail treasury sukuk for trading on Nasdaq Dubai. This milestone marks the first time such an Islamic financial instrument has been structured specifically for retail investors within the DIFC’s regulated market infrastructure.
Wealth
A strategic cross-shareholding deal between BlueFive Capital and Saudi Arabia’s Al Murjan Group has birthed a new global Islamic finance platform. The agreement includes the acquisition of a stake in the Riyadh-based Sidra Capital, which will now operate under the rebranded identity of BlueFiveSidra to expand its international footprint.
Wealth
Luc Bernard has been appointed chief executive officer of Natixis Services in India, taking charge of the Paris-headquartered firm’s technology and innovation hub in Bangalore. The move marks a return for Bernard, who previously served on the center’s board of directors from 2021 until his recent tenure in Paris.
Wealth
A reshuffling of executive talent in the wealth management sector sees Citi Wealth promoting internal expertise while St. James’s Place reaches into Legal & General to bolster its investment office, as both firms look to refine their long-term strategies for managing client assets and diversifying investment offerings.
Wealth
NatWest Group has officially completed its £2.7 billion acquisition of Evelyn Partners, a move that reshapes the landscape of the UK wealth management sector. By integrating Evelyn’s £69 billion in assets under management with its own, the bank aims to capture a larger share of the country’s growing investment market.
Wealth
Industry leaders met this week at the inaugural Swiss Anti-Fraud Summit, a collaborative initiative spearheaded by the Swiss Bankers Association and infrastructure giant SIX. The event marks a formal shift toward unified defense strategies as financial institutions grapple with the rising complexity of digital fraud and cross-sector security threats.
Wealth
Investment managers are pivoting to meet complex market demands, with PIMCO, WisdomTree, and Pictet Asset Management launching new fund suites across Europe. The releases range from flexible global bond strategies to AI-driven equity indices and high-dividend ETFs, targeting investors navigating shifting macroeconomic conditions and evolving monetary policies.
Wealth
Financial data provider FactSet is deepening its push into artificial intelligence by forming a strategic partnership with TIFIN.AI. Alongside the technical collaboration, FactSet has secured an equity stake in the platform, though the specific financial terms of the investment remain confidential.
Wealth
Two senior relationship managers have transitioned from UBS Singapore to join HP Wealth Management, signaling a shift in the independent advisory landscape. Michael Sutter and Alex Grindley bring extensive institutional experience to the Singapore-based firm, which operates on a fee-based, bank-agnostic model for high-net-worth clients.
Wealth
Agustin Fernandez, a key architect of 7IM’s recent acquisition spree, has been promoted to chief corporate development officer at the UK wealth manager. The move follows a period of rapid expansion for the firm, which has absorbed six businesses and over £8 billion in assets since 2023.
Wealth
Wealth management firms are reshuffling their executive ranks, with Boston bolstering its Isle of Man leadership, Langham Hall tapping a new group CFO, and Gemcorp Group recruiting a veteran Goldman Sachs executive to serve as its president.
Wealth
Standard Chartered is merging its regional oversight by appointing Margaret Harwood-Jones as the new CEO for Europe and the UK, effective September 1. This move creates a unified command structure intended to streamline the London-listed bank's operations across 11 distinct markets and accelerate its regional growth strategy.
Wealth
With over 25 billion dollars in assets under management, Geneva-based Arab Bank Switzerland has officially anchored its Middle East operations within the Dubai International Financial Centre. The move transforms a long-standing regional advisory role into a localized platform designed to capture the growing demand from local family offices and entrepreneurs.
Wealth
Arthit Thongcharoen has stepped down as the head of Schroders’ Thailand operations after nine years with the UK-based asset manager. The firm confirmed his departure this week, noting that a search for a successor is currently underway to maintain its footprint in the competitive Southeast Asian wealth market.
Wealth
International law firm Withers has promoted 12 lawyers to partner, strengthening its global footprint in the US, UK, and Singapore. The new cohort brings expertise spanning complex tax planning, high-stakes commercial litigation, and sensitive family law matters, reflecting the firm's focus on private wealth and regulatory defense.
Wealth
Global personal wealth climbed by 10.8 percent in 2025, a sharp acceleration over the previous two years. According to the latest UBS Global Wealth Report, the EMEA region outpaced all other markets with a 17.5 percent increase, driven in part by the depreciation of the U.S. dollar.
Wealth
A 10.8 percent surge in global personal wealth throughout 2025 shattered previous growth benchmarks, marking a significant acceleration from the 4.6 percent increase recorded the prior year. According to the 17th edition of the UBS Global Wealth Report, currency fluctuations, particularly the weakening dollar, fueled gains across international markets.
Wealth
Emerging markets are finally shaking off years of underperformance against developed economies, bolstered by a weakening dollar and surging corporate earnings. Qian Zhang, an investment specialist at Baillie Gifford, points to these regions as the essential manufacturing backbone for the global artificial intelligence boom, despite ongoing geopolitical volatility.
Wealth
One in four Britons over the age of 55 have never discussed inheritance with their families, according to new YouGov research for Mattioli Woods. This pervasive silence, fueled by emotional discomfort and privacy concerns, leaves many households dangerously unprepared for upcoming shifts in tax legislation that threaten to erode legacy wealth.
Wealth
A wave of senior leadership changes is reshaping wealth management firms in the UK and beyond, as institutions prioritize specialized expertise in infrastructure, private lending, and exchange-traded funds to navigate a shifting economic environment and drive regional expansion.
Wealth
One in four Britons over the age of 55 has never discussed inheritance with their family, according to new research from Mattioli Woods. This persistent silence comes despite looming changes to tax rules that threaten to pull significantly more estates into the government's inheritance tax net by 2030.
Wealth
Data centers driving the artificial intelligence boom require more than just high-end processors; they demand massive amounts of energy and raw materials. Alec Cutler, portfolio manager of the Orbis Global Balanced Strategy, is pivoting toward these foundational assets, targeting energy producers and chip manufacturers to capture the sector's growth.
Wealth
Despite the persistent threat of Middle East instability, major investment firms including Edmond de Rothschild, Guinness Global Investors, and Franklin Templeton maintain a bullish outlook on emerging markets. Analysts argue that strategic stockpiles and deepening intra-regional trade links provide a necessary buffer against global energy shocks and geopolitical volatility.
Wealth
A sweeping series of executive appointments at UBS’s Asia-Pacific wealth management division will take effect on July 1, signaling a significant restructuring across key regional markets. The changes, spanning from Taiwan to Australia, involve both internal promotions and the departure of two long-standing senior leaders.
Wealth
After securing a foothold in the Dubai International Financial Centre, fund platform provider IQ-EQ has retired the Gordian Capital name. The rebranding integrates the Asian specialist entirely into the group’s international network, marking a strategic shift to consolidate its fund services and cross-border expertise under a single identity.
Wealth
Major global banking groups reported a mixed start to 2026, with wealth management divisions largely buoyed by robust market valuations and strong net inflows. While giants like JP Morgan and Bank of America saw significant growth in assets under management, other institutions faced headwinds from market volatility and shifting interest rate environments.
Wealth
Miami-based wealth manager Corient is declining to confirm reports that it has added French multi-family office LetUs Private Office to its growing portfolio. The silence follows a June 26 Citywire report alleging the transaction, marking another potential expansion into the European market for the aggressive American firm.
Wealth
Investment firms are aggressively diversifying their product lineups, with Hamilton Lane, Fortem Capital, KBC Asset Management, and Altana Wealth launching new strategies. These initiatives aim to capture demand for private equity access, managed futures efficiency, and sophisticated downside protection in an increasingly volatile global market.
Wealth
Stuart Bates, CEO of Mirabaud Wealth Management’s UK arm, plans to scale the firm’s local presence through deliberate, selective hiring rather than acquisitions. The Geneva-headquartered bank, which has operated in London since 1990, aims to add two to three relationship managers annually to preserve its collaborative, flat-structured culture.
