Wealth
UBS Recruits Damian Robinson to Lead Australian Wealth Team
Damian Robinson, a veteran with over thirty years in the financial sector, will take the helm of the market team for UBS’s wealth management division in Australia. Starting July 13, he will operate out of the firm’s Sydney office, reporting directly to global wealth management head Andrew Bird.
ING and Schroders Capital Bolster Senior Leadership Ranks
A fresh round of executive appointments across the wealth management landscape sees ING and Schroders Capital adding seasoned talent to their UK and European operations. The moves signal a push for deeper client integration and expanded capacity in complex credit and asset-based finance strategies as firms navigate shifting market demands.
J Stern & Co Bets on AI and Luxury Brands
Christopher Rossbach, chief investment officer at J Stern & Co, is doubling down on artificial intelligence and high-end consumer goods. Speaking in London, the portfolio manager highlighted a strategic shift toward long-term growth, prioritizing established tech giants and European luxury firms within his firm’s global equity portfolio.
ING Belgium Deploys Abbove Platform for Digital Wealth Planning
ING Belgium has launched a new digital wealth planning tool, ING Financial Compass, developed in partnership with European wealthtech firm Abbove. The platform aims to modernize advisory services for personal and private banking clients by centralizing financial data and simplifying complex estate and succession planning.
Strong El Niño Forecasts Threaten Global Food Price Stability
With global weather agencies predicting a severe El Niño event by mid-2026, economists warn of a looming spike in food inflation. The combination of erratic rainfall, persistent heatwaves, and lingering disruptions in the fertilizer supply chain could push agricultural commodity prices into double-digit growth within the coming year.
European Family Offices Scout Hong Kong Expansion
Thirty European family offices are exploring a move to Hong Kong, drawn by favorable tax policies and renewed confidence in regional markets. Government data confirms these firms represent nearly a fifth of the current investment pipeline managed by InvestHK, signaling a steady shift in capital toward Asian financial hubs.
Markets Rally as US and Iran Move to Reopen Strait of Hormuz
Global markets surged and Brent crude prices dropped 4.6 per cent on Monday after the United States and Iran finalized a framework to end their conflict, effectively signaling a reopening of the vital Strait of Hormuz and easing the geopolitical pressure that has dominated investor sentiment for months.
Singapore Overhauls Single-Family Office Oversight
With roughly 2,000 single-family offices now operating within its borders, Singapore has launched a revised regulatory framework to manage its booming private wealth sector. The Monetary Authority of Singapore implemented the new rules this week, aiming to balance streamlined administrative processes with more rigorous monitoring of assets.
ECB Lifts Rates Amid Middle East Conflict Uncertainty
The European Central Bank raised its policy rates by 25 basis points this Thursday, breaking a long-standing pause. As regional instability in the Middle East drives commodity prices higher, policymakers are attempting to anchor inflation expectations while navigating a fragile eurozone growth outlook that continues to dampen business and consumer confidence.
Bond Strategies and Trust Mergers Reshape Asset Management
Conflict is driving consolidation in the wealth management sector, as Mediolanum launches a flexible fixed-income strategy to navigate persistent market volatility, while the Schroder Asian Total Return Investment Company seeks a merger with Pacific Assets Trust to build scale against a backdrop of tightening trust discounts.
Financial Firms Boost Compliance Spending to Combat Adverse Media Risks
Financial institutions are accelerating investments in automated screening as regulatory pressure mounts, with 93% of industry leaders now labeling adverse media monitoring as critical. As global enforcement penalties surged to $3.65 billion in 2024, the reliance on manual checks is increasingly viewed as a dangerous vulnerability in modern risk frameworks.
MCM Partners Enters Family Office Market in Hong Kong
Hong Kong-based investment firm MCM Partners has officially launched a dedicated family office platform to expand its wealth management and advisory services. The move comes as the city intensifies its competition with Singapore to solidify its position as the primary hub for private wealth management in Asia.
Elite College Admissions in the Age of AI
With acceptance rates at institutions like Harvard and Stanford hovering between 3 and 5 percent, the battle for a spot at top-tier universities has reached a fever pitch. As generative AI transforms how students present their work, families are finding that traditional metrics of success are no longer sufficient.
JP Morgan Aggressively Expands Wealth Management Team in Singapore
To capture a surging pool of regional capital, JP Morgan has doubled its Singapore-based workforce focused on ultra-high-net-worth individuals. The bank now employs over 50 relationship managers across Southeast Asia and Australia, a strategic pivot underscored by a significant reduction in entry thresholds for its private banking clients.
Ultra-Wealthy Investors Embrace AI for Financial Decision-Making
More than half of ultra-high-net-worth individuals now rely on artificial intelligence to navigate financial decisions, marking a rapid shift from niche experimentation to mainstream integration. A BNY survey of 251 global investors reveals that 89 percent of these individuals actively target firms with significant exposure to AI technology.
WealthBriefing Names Winners of 2026 Wealth for Good Awards
The WealthBriefing Wealth for Good Awards 2026 have honored the organizations and individuals currently redefining the intersection of commercial success and social responsibility. These accolades spotlight leaders who integrate sustainable investing and philanthropy into the core of their wealth management strategies, setting a new industry benchmark for impact.
Bank of Singapore Taps Lim Leong Guan for Middle East Expansion
Lim Leong Guan has been named head of private banking for the Middle East, South Asia and International divisions at Bank of Singapore. Based in Dubai, he steps into the role vacated by Ranjit Khanna and will serve as CEO of the firm's Dubai International Financial Centre branch, pending regulatory approval.
UAE Overhauls Civil Law to Boost Commercial Competitiveness
The United Arab Emirates has enacted a wholesale replacement of its 1985 Civil Code, moving away from incremental updates toward a modern, codified framework. Federal Decree Law No. 25 of 2025, which took effect in June 2026, aims to clarify legal hierarchy and bolster the nation’s appeal to international investors and family offices.
ECB Restricts Revolut Product Launches Over Governance Concerns
The European Central Bank curbed the ability of digital banking platform Revolut to roll out new products across the European Economic Area last year, citing significant shortcomings in the firm’s internal approval processes. The regulatory intervention highlights the ongoing scrutiny facing high-growth financial technology firms operating under full banking licenses.
Titan Wealth Expands Global Reach with Progeny International Buyout
Titan Wealth has moved to acquire Progeny International, securing a £900 million portfolio of assets under advice in a strategic expansion across Europe, Asia, and the Middle East. The deal, pending regulatory approval, marks a significant shift for the Progeny Group as it pivots to focus exclusively on its core UK market.
Executive Appointments at Quilter, Heligan Group, and Pillsbury
Wealth management firms and legal practices are realigning their leadership teams, with Quilter, Heligan Group, and Pillsbury Law announcing key strategic appointments this week. These moves aim to bolster distribution, solidify M&A advisory capacity, and expand international tax expertise for ultra-high-net-worth clients across global markets.
Rohit Ganguli Joins Klay Group to Lead Global Wealth Planning
Based in Singapore, Rohit Ganguli has been appointed global head of wealth planning at Klay Group. He joins the boutique financial firm from EFG Bank to oversee bespoke advisory services for ultra-high net worth families, reporting directly to Arjun Anand, the company's chief executive officer for the APAC region.
Mirova Targets Asian Energy and European Agriculture in New Fund Push
Surging oil prices and a global pivot toward energy independence have prompted Paris-based Mirova to expand its portfolio. The Natixis Investment Managers affiliate plans to launch two distinct funds by year-end, targeting regenerative agriculture in Europe and energy transition infrastructure across burgeoning Asian markets.
Lioner International Makes Zurich Its First European Foothold
Hong Kong-based Lioner International Group has touched down in Zurich, marking the insurance and wealth management firm’s first expansion outside of Asia. The move signals a strategic shift for the group, which was founded in 2021 and already maintains a footprint across Hong Kong, Singapore, and Beijing.
Rockefeller Capital Management Taps Anthropic for AI Wealth Platform
Rockefeller Capital Management is integrating Anthropic’s Claude model into its wealth management infrastructure, marking a strategic pivot toward artificial intelligence. The firm, which oversees $212 billion in client assets, intends to deploy the technology to assist advisors with complex workflows without sacrificing the personal touch central to its legacy.
PIMFA Taps BWC Benchmarking to Bolster Wealth Management Data
Wealth managers and financial advisors across the UK will soon gain access to specialized performance metrics and peer comparisons under a new partnership between trade body PIMFA and BWC Benchmarking, an initiative slated to debut later this year.
Andrew Fahy Expands Leadership Role at Quilter Cheviot
After tripling assets under management since 2022, Andrew Fahy will ascend to the newly created role of CEO of Europe and international markets at Quilter Cheviot. The appointment signals a consolidation of the firm’s global strategy as it prepares for a transition in its Jersey and Dubai leadership teams.
Coutts, Carmignac and Cazenove Capital announce leadership shifts
Wealth management firms are reshuffling their ranks, with Coutts prioritizing digital asset integration, Carmignac recruiting veteran equity expertise for its London office, and Cazenove Capital expanding its footprint in the South of England through a new business development appointment.
SEI Bolsters Leadership Ranks with AI and International Appointments
Pennsylvania-based financial services firm SEI is aggressively expanding its senior leadership team, announcing a wave of high-level hires across its artificial intelligence, data, and international banking divisions. The appointments follow a recent shift in the company’s investment management structure as it seeks to scale its global technology offerings.