Wealth
Shackleton Advisers Recruits Explorers and Athletes as Ambassadors
UK-based Shackleton Advisers has tapped into a legacy of grit and record-breaking endurance by appointing Alexandra Shackleton and racing driver Nathalie McGloin as its official brand ambassadors. The firm is pairing these appointments with a new lead sponsorship deal for the Nathalie McGloin Racing team.
Titanbay and Standard Chartered Expand Private Wealth Offerings
Private equity secondaries and gold-linked income strategies are reaching new investor segments as Titanbay partners with Coller Capital, while Standard Chartered debuts its ninth sub-fund under its Variable Capital Company platform, managed by Allianz Global Investors, to address demand for yield and portfolio diversification.
Martin Brown to Retire as Continuum Managing Partner
After a decade of leadership at the helm of Plymouth-based Continuum, founder Martin Brown will step down at the end of August. His departure triggers a transition for the M&G Advice firm, with non-executive director Jim Reeve stepping in as interim managing partner starting in September, pending regulatory approval.
UOB Private Bank Deepens Healthcare Investment Ties with Seligman
Clients at UOB Private Bank now have direct access to specialized healthcare long/short strategies, marking an expansion of the firm’s distribution partnership with Columbia Threadneedle Investments. This move follows the successful integration of a technology-focused strategy, highlighting a growing appetite for niche alternatives among the bank’s Asian wealth management base.
True Potential Joins Origo Hub to Automate Advisor Workflows
UK wealth management firm True Potential has integrated its platform with the Origo Integration Hub, aiming to replace manual data entry with automated daily valuations. The move addresses widespread industry friction, where 91 per cent of advisors report daily service delivery issues linked to inefficient platform processes.
Executive Moves: HarbourVest, ZEDRA and TEMIT Expand Leadership
Wealth management firms are reshuffling their senior ranks to capture rising demand for private markets and complex pension solutions. From London to the broader European continent, key appointments at HarbourVest Partners, ZEDRA, and Templeton Emerging Markets Investment Trust signal a strategic focus on specialized advisory and institutional client services.
Global Wealth Management Personnel Moves: May 2026 Roundup
The global wealth management sector experienced a surge in senior-level transitions throughout May 2026, as major institutions and boutique firms alike reshaped their leadership teams to bolster regional expertise, private market offerings, and cross-border distribution capabilities across Europe, Asia-Pacific, and North America.
Beijing Tightens Grip on Offshore Wealth Channels
China has launched a aggressive crackdown on offshore trusts and unauthorized brokerage services, signaling a definitive end to the era of unrestricted capital flight for its wealthiest citizens. By imposing a 20 percent tax on offshore trust income, Beijing is effectively closing the loopholes long used to move assets abroad.
Darius McDermott on Tech-Driven Growth and Strategic Gold Hedging
Despite geopolitical tremors in the Strait of Hormuz rattling global energy markets, financial advisor Darius McDermott maintains that technology hardware remains the primary engine for US and Asian equity growth. The managing director of Chelsea Financial Services continues to lean into AI-exposed assets while bolstering inflation hedges.
Tech-Focused Hedge Funds Suffer Worst Month Since 2008
A 7 percent plunge in the HFRI EH: Technology Index during July marked the sector's steepest monthly decline since the global financial crisis. The sharp reversal, driven by volatility in AI-related stocks, broke a period of relative stability, forcing fund managers to navigate an increasingly turbulent landscape of shifting market expectations.
Principal Asset Management and Wealth Dynamix Announce Leadership Shifts
Principal Asset Management has elevated Daniel Maric to lead its European distribution strategy, while Wealth Dynamix has tapped Mark Perkins to oversee its technology division. These appointments reflect a broader trend of firms reinforcing their regional growth and digital infrastructure to meet the demands of sophisticated institutional and private market investors.
Affluent UK Investors Shift Gifting Strategies Ahead of Tax Changes
With over 60 percent of wealthy individuals expressing anxiety over impending inheritance tax reforms, many are fundamentally altering their wealth transfer plans. A recent RBC Brewin Dolphin survey indicates a distinct shift toward earlier and more frequent gifting, with charitable donations emerging as a primary beneficiary of these strategic adjustments.
UOB Profit Climbs 10% as Wealth Management Fees Reach Record High
United Overseas Bank reported a second-quarter net profit of S$1.5 billion, a 10 percent increase that highlights how soaring wealth management fees are successfully insulating Singapore’s major lenders against the tightening pressure of a lower interest rate environment.
Liechtenstein Extends System Shutdowns Following Data Breach
Liechtenstein authorities have pulled additional government systems offline as investigators broaden the probe into a sophisticated cyberattack. The breach, which compromised a beneficial ownership register containing records for 31,000 legal entities, has forced the principality to confront the tension between financial transparency mandates and the security of sensitive data.
Standard Chartered Expands Wealth Management Into India’s GIFT City
Standard Chartered has received in-principle approval from the International Financial Services Centres Authority to distribute capital market products from India’s Gujarat International Finance Tec-City. This regulatory milestone allows the London-based bank to bridge its global wealth capabilities with one of the world’s fastest-growing international financial hubs.
Pictet and Indosuez Diverge on US Equity Outlook
Wealth managers remain committed to equity markets despite persistent volatility, yet firms are split on the viability of US stocks. While Pictet Asset Management maintains a neutral stance on American equities due to demanding valuations, Indosuez Wealth Management continues to see upside potential fueled by the ongoing artificial intelligence investment cycle.
Wealth Managers Bet on AI Despite US Valuation Concerns
Wealth managers are keeping their chips on the table as resilient economic growth and the relentless rise of artificial intelligence fuel market optimism. While Pictet Asset Management and Indosuez Wealth Management share a bullish outlook on tech-driven gains, they sharply disagree on the current value of US equities.
Mediobanca Wealth Management Profit Slides Amid Takeover
A 33 percent plunge in net profit to 81 million euros marks a difficult first half of 2026 for Mediobanca’s wealth management division. The Milan-based firm, currently being de-listed following a full takeover by Banca Monte dei Paschi di Siena, attributed the decline to one-off charges and rising tax burdens.
Schroders, L&G, and WisdomTree Lead Latest Investment Product Shifts
The investment landscape is shifting as Schroders enters the tokenized money market space, Legal & General launches a UK-backed African sovereign bond fund, and Atlantic House prepares to fully integrate into the WisdomTree brand following its recent acquisition by the global asset manager.
ClearBridge Sees Infrastructure as the New Core for Portfolios
Charles Hamieh of ClearBridge Investments argues that listed infrastructure has evolved into a high-growth sector, driven by a global surge in electricity demand. As AI, data centers, and industrial reshoring reshape energy needs, the firm suggests that infrastructure is shedding its defensive reputation to become a essential portfolio component.
GAM Cuts Losses as Restructuring Gains Traction
Zurich-based investment house GAM reported an underlying pre-tax loss of SFr24 million for the first half of 2026, marking a 30 percent improvement over the previous year as aggressive cost-cutting measures and a modest recovery in assets under management began to stabilize the firm's balance sheet.
Wealth Managers Bet on AI Despite Market Volatility
Equity markets remain a primary destination for capital as wealth managers look past recent volatility to focus on resilient economic growth. While the global rally faced headwinds in July, experts at firms like Pictet and Indosuez maintain that the tech-driven investment cycle possesses enough momentum to support further gains.
Wealth Managers Bet on AI Beyond Tech Stocks
Emerging markets and artificial intelligence remain the primary engines for equity growth despite recent market volatility. While wealth managers at Pictet and Indosuez maintain confidence in the tech-driven supercycle, they are increasingly looking toward industrial, utility, and infrastructure sectors to sustain momentum as global economic conditions shift.
DBS Hits Record Profit as Wealth Assets Cross S$500 Billion
Assets under management in the wealth segment at Singapore’s DBS Group have surged past the S$500 billion milestone for the first time. This expansion helped the bank post a record net profit of S$3.08 billion for the second quarter of 2026, marking a 9 per cent increase from the previous year.
Lighthouse Canton Secures $11 Million Private Credit Deal in India
Singapore-based asset manager Lighthouse Canton has finalized an INR 1,050 million private credit investment, channeling $11 million into the Indian leisure sector. The transaction marks another milestone in the firm's strategy to provide bespoke financing solutions for established businesses across the subcontinent through its specialized alternative investment funds.
Commerzbank Profit Doubles Amid UniCredit Takeover Pressure
A 94.2 percent surge in second-quarter net profit to €898 million has provided Commerzbank with a powerful bargaining chip as it navigates a looming takeover by Italy’s UniCredit. The Frankfurt-based lender reported record returns while simultaneously announcing a €1.2 billion share buyback to bolster its market standing.
Leadership Shifts at Tufton and Equiom
London-based maritime investor Tufton Investment Management and fiduciary provider Equiom have announced a series of executive appointments, signaling a strategic focus on expanding both their natural resource portfolios and their private wealth service capabilities across the UK and Guernsey markets.
Ascot Lloyd Shifts to BlackRock-Only Strategy for £2.8 Billion Portfolio
Ascot Lloyd Investment Management is abandoning its multi-manager approach in favor of a singular partnership with BlackRock. The UK firm, which currently oversees £2.8 billion in assets, will transition its entire investment arm to utilize the asset manager's strategies exclusively, aiming to streamline costs and simplify client access.
The Rise of Concierge Medicine in Wealth Management
The global market for concierge medicine is projected to reach $41.37 billion by 2035, driven by ultra-high-net-worth individuals seeking seamless medical access. As wealth managers integrate health services into lifestyle platforms, firms like Black Bag are redefining medical support as a permanent layer of essential infrastructure.
Franklin Templeton Shifts Leadership to Scale Global ETF and Asia Reach
California-based investment manager Franklin Templeton has unveiled a sweeping leadership overhaul, installing new heads for its global product and Asia-Pacific divisions. The moves follow a period of strong momentum for the firm, which has recorded $63.4 billion in net inflows during the current fiscal year to date.