Wealth
Redmayne Bentley and Broadridge Announce Leadership Appointments
UK investment firm Redmayne Bentley has tapped industry veteran Pete Donaldson to lead its financial planning division, while Broadridge Financial Solutions has created a new international role for Theo Golden to spearhead the development of tokenized products as the firm continues its push into digital asset markets.
New Investment Vehicles From Fidelity, Schroders, and Baillie Gifford
Major asset managers are expanding their product lineups to address volatile market conditions, with Fidelity International launching a UK-domiciled absolute return fund and Schroders listing two new active fixed income ETFs on the London Stock Exchange as demand for diversified, resilient portfolios continues to grow.
Liontrust expands multi-asset reach with Hawksmoor acquisition
UK asset manager Liontrust has agreed to acquire the fund management and portfolio services arms of Hawksmoor for an initial £6 million in cash. The deal, which includes two potential £2 million performance-based payments, adds £1.9 billion in assets under management and integrates a specialized investment team into the firm’s existing structure.
Laurent Garret Joins RockFi to Scale Wealth Management Ambitions
After four decades navigating the traditional corridors of international banking, Laurent Garret is pivoting to fintech. The former director general of Banque Neuflize OBC has joined French wealth management firm RockFi as an investor, senior advisor, and president of its newly minted endowment fund, RockFi Philanthropy.
Franklin Templeton bets on German and Spanish bonds amid political flux
David Zahn, head of European fixed income at Franklin Templeton, is positioning his portfolio toward German and Spanish debt while steering clear of French and Italian markets. He argues that current interest rate hikes have been over-priced by the market, creating a window for selective investment despite rising European political volatility.
UK Taxpayers Fleeing as HMRC Records 32 Percent Surge in Departures
A sharp rise in taxpayers notifying HM Revenue and Customs of their intent to leave the country signals a mounting exodus of mobile individuals. Official data shows 69,000 people filed P85 forms during the 2025/26 tax year, a 32 per cent increase from the 52,000 reported in the previous period.
Executive Shifts Across Wealth Management and Legal Sectors
A wave of senior appointments across Europe’s financial and legal landscape signals a renewed focus on commercial growth, philanthropic impact, and quantitative investment. From London to Geneva, firms including The Openwork Partnership, Edmond de Rothschild, and Stephenson Harwood are repositioning leadership to meet evolving client demands in tax and advisory services.
UK Taxpayer Departures Surge by 32 Percent Amid Rising Fiscal Pressure
A sharp 32 percent increase in residents notifying HM Revenue and Customs of their departure from the UK marks a significant uptick in outward migration. New data reveals 69,000 individuals filed P85 forms during the 2025/26 tax year, signaling growing unease over the nation's shifting fiscal landscape.
Jersey Finance Hits Record Growth as Institutional Assets Soar
With total funds business reaching $799.2 billion, Jersey’s financial sector is cementing its status as a premier hub for cross-border capital. Data from the Jersey Financial Services Commission through mid-2026 shows consistent expansion across banking and corporate sectors, driven by significant shifts in private market investment strategies.
Carlyle Targets $5 Trillion Family Office Market with New Hires
With an estimated $5 trillion in assets sitting within the global family office sector, Carlyle Group is aggressively pivoting toward ultra-high-net-worth capital. The firm has established two new leadership roles, appointing seasoned executives in San Francisco and London to capture a larger share of private wealth investment.
Seviora and First Abu Dhabi Bank Forge Strategic Wealth Alliance
Singapore’s Seviora Holdings, the asset management arm of Temasek, has formalized a strategic partnership with First Abu Dhabi Bank to bridge capital markets between Southeast Asia and the Middle East. The memorandum of understanding targets expanded co-investment capabilities and cross-regional distribution of specialized investment strategies for private wealth clients.
Mark Wightman Joins Alpha FMC to Lead Asset and Wealth Management
With over three decades of experience spanning fintech and global financial services, Mark Wightman has been appointed senior partner at Alpha FMC. He steps into the Asset & Wealth Management Consulting division to spearhead the firm’s growth strategy across the UK, the Middle East, and the Asia-Pacific region.
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Bond Markets Brace for Higher Rates as Treasury Yields Hit 16-Year Highs
The US Treasury sell-off intensified Thursday, driving 10-year yields to 5.20 per cent and 30-year yields to 5.48 per cent. These record levels, unseen since 2007 and 2004 respectively, reflect a market increasingly convinced that an accelerating US economy will force the Federal Reserve to maintain a restrictive policy path.
Lombard Odier Expands Private Banking Teams in Hong Kong and Zurich
Lombard Odier has bolstered its private client operations by appointing Sonya Song in Hong Kong and Jingjing He in Zurich. The move strengthens the firm’s cross-continental advisory reach, targeting the critical financial corridor between Greater China and Switzerland as the bank seeks to deepen its regional coverage for ultra-high-net-worth individuals.
DBS and Avaloq Extend Partnership to Target Asian Wealth Growth
Singapore’s DBS and Swiss tech firm Avaloq are deepening their 18-year alliance to address a widening gap between surging investor demand and the regional talent shortage. By integrating Avaloq’s data platforms with DBS’s advisory network, the banks aim to scale operations to meet a target of S$1 trillion in assets by 2030.
Ida Liu’s Strategy to Anchor HSBC Clients Amid Market Volatility
Market turbulence and the rapid evolution of artificial intelligence are not obstacles for private bankers, but catalysts for proving their worth. Since taking the helm at HSBC Private Bank in January, Ida Liu has positioned the institution as a stabilizing force, prioritizing human judgment over automated convenience to navigate client anxieties.
UK Billionaires Resist HMRC Scrutiny Over Financial Disclosure Requests
Ultra-high-net-worth individuals with UK tax obligations are mounting a quiet resistance against HM Revenue and Customs, challenging the legal boundaries of sweeping information requests. The tax authority’s recent push for granular data on private assets and complex wealth structures has sparked significant pushback from the nation’s wealthiest taxpayers.
US Advisory Firms Hit Pause on Mergers Amid Market Volatility
Seventy-two transactions were announced by September 22, signaling a 19 percent drop compared to the same period last year. This decline marks the potential end of a seven-quarter streak of record-breaking activity in the US registered investment advisor space as market instability forces firm owners to rethink their exit timelines.
Berenberg Bank Restructures Ownership Amid Governance Overhaul
Dr. Hans-Walter Peters has acquired the five percent stake in Joh. Berenberg, Gossler & Co. previously held by David Mortlock, marking a significant shift in the Hamburg-based bank’s equity distribution. This transaction consolidates the influence of long-time partners as the firm moves toward a new corporate legal structure.
Entrepreneurs Target $367 Billion AI Investment Surge
A staggering $367 billion in combined capital is set to flow into artificial intelligence over the coming year, as wealthy business owners pivot toward aggressive technology adoption. According to HSBC’s Global Entrepreneurial Wealth Report 2026, the overwhelming majority of high-net-worth entrepreneurs view AI as a catalyst for expansion rather than contraction.
Entrepreneurs Target $367 Billion AI Investment Surge
A staggering $367 billion is earmarked for artificial intelligence spending by wealthy entrepreneurs over the coming year, according to HSBC’s Global Entrepreneurial Wealth Report 2026. Surveying over 3,000 business owners with at least $2 million in assets, the data reveals a heavy commitment to integrating new technologies into their core operations.
Prudential Shuffles Leadership Across Asian Markets
Prudential plc is tightening the integration between its life insurance arm and asset management unit, appointing former Citi Private Bank executive Chan San San to a newly created role. The move coincides with a broader leadership restructuring as the UK-listed firm looks to consolidate its regional operations.
Corient Expands Global Reach With Cayman Islands Acquisition
Miami-based wealth manager Corient has acquired FortCay Family Advisory, marking another expansion in its aggressive growth strategy. The deal brings a Cayman Islands-based multi-family office into the firm’s fold, adding $2.6 billion in assets under management and deepening Corient’s capabilities for clients navigating complex, cross-border financial structures.
Swiss Lawmakers Push for Stricter Capital Rules at UBS
Switzerland’s upper house has voted to mandate that UBS back its foreign units with 90 percent Common Equity Tier 1 capital, a move that could force the banking giant to set aside an additional $33 billion in reserves and heightens the ongoing friction between the institution and federal regulators.
EQT Establishes Middle East Foothold in Abu Dhabi
With $389 billion in assets under management, Swedish private markets giant EQT has officially launched its Middle East platform, anchoring the firm’s regional expansion in a new Abu Dhabi Global Market office. This move marks the firm’s entry into a territory central to its long-term strategy for capital deployment.
Mark Steward and Louis Theodorou Take New Strategic Roles
Mark Steward of the Dubai Financial Services Authority has been named vice chair of the Growth and Emerging Markets Committee at IOSCO, while Oakglen Wealth has tapped Louis Theodorou to spearhead its artificial intelligence strategy, signaling a push for both global regulatory influence and internal technological modernization.
City Hive Releases Toolkit for Charity Asset Oversight
“Values are often prominent in an organisation’s public messaging, but trustees need to understand how those commitments are reflected in the way investment partners operate,” says David Coombs of Rathbones Asset Management, as City Hive introduces a new framework to audit the cultural conduct of investment firms.
Hong Kong Launches Five-Year Blueprint to Solidify Financial Dominance
Hong Kong has unveiled an ambitious five-year growth strategy aimed at cementing its status as a global financial powerhouse. By targeting family office expansion, digital asset integration, and the development of a 'Northern Metropolis,' the government seeks to outpace regional rivals and facilitate a massive wealth transfer across Asia-Pacific.
Private Jets Become Strategic Assets for Expanding Family Offices
As family offices aggressively expand across borders to hedge geopolitical risks, private aviation has shifted from a luxury to a functional necessity. A new survey from Airbus Corporate Jets confirms that nearly every family office executive expects their reliance on business aircraft to surge over the next two years.
Aashish Agarwal Takes Helm at 360 ONE WAM
Aashish Agarwal, a seasoned veteran from Jefferies, has been appointed CEO of 360 ONE WAM Group. The leadership transition marks a strategic pivot for the Indian wealth and asset management firm, as former chief Karan Bhagat shifts into the role of vice chairman to focus on his managing director duties.