thewealthnet

Family offices remain optimistic despite shifting macroeconomic conditions and geopolitical concerns, according to Citi Wealth's 2026 Global Family Office Report. Conducted in June and July 2026, the survey examined how more than 350 family offices across over 40 countries are navigating increasing complexity in an uncertain environment. Nearly 90 percent of respondents reported positive portfolio performance year to date, while 41 percent continue to target annual returns ...

Julius Baer has appointed Pamela Tseng as chief operating officer (COO) Asia. Based in Singapore, Ms Tseng will be responsible for developing client and employee experience in Asia. She will report to Jean Nabaa, COO and member of the bank’s executive board, and Jimmy Lee, region head Asia and member of Julius Baer’s global wealth management committee. Ms Tseng has succeeded Andreas Zingg, the current COO Asia, who will retire from Julius Baer after 23 years at the ...

After more than 30 years in wealth management and private banking, Camilla Stowell has seen plenty of change - from the arrival of email in the 1990 and the Retail Distribution Review in the mid-2000s, to the rise of passive investing, consolidation and, more recently, artificial intelligence. But the chief executive of Rathbones' wealth arm does not think running a wealth management business has necessarily become harder. “It's just different. The abilit...

German private bank Berenberg has appointed Dr Christian Schumacher to its extended management board, with plans for him to join the management board in 2027. Dr Schumacher will assume immediate responsibility for the bank's back-office division, overseeing its risk and operations functions. He will report to Michael Horf, special commissioner with managing director powers.

Wealth managers are reporting early signs of renewed appetite for sustainable investing, particularly renewable energy, after several years in the wilderness. But unlike the ESG boom of 2020 and 2021, today's investment case looks markedly different. The scale of that earlier enthusiasm is stark. Morningstar data shows European sustainable funds attracted $290.5 billion of net inflows in 2020, before flows surged to a record $527.1 billion in 2021.

September is often seen as a time for fresh starts. The lingering back to school feeling never leaves regardless of the number of years it has been since you left school. While I may be later than others in starting a September reset, the feeling of a fresh start is still very much there. For me, this month does mark a new chapter as I’m now a Mrs – although I’m not changing my name so maybe Ms is more accurate… While I am not troubling any wealth manag...

Diverging from the US Federal Reserve’s decision to raise interest rates, the Bank of England has opted to hold rates steady at 3.75 percent. The decision was not unanimous, with six voting in favour of leaving rates unchanged while three wanted to raise rates by 0.25 percentage points. While yesterday (16/09/2026) the F... Continue reading this article... Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.

Stonegate Capital, a newly launched Dubai-based family office, has appointed Peter Warnes as chief investment officer (CIO). In the role, Mr Warnes will oversee the firm’s investment capabilities, including investment strategy, asset allocation, portfolio construction, risk management, due diligence, and manager selection across both public and private markets.

Stonegate Capital, a newly launched Dubai-based family office, has appointed Faisal Ahmad as chief executive. Under Mr Ahmad’s leadership, the firm aims to build an AI-enabled family office platform, integrating artificial intelligence, data analytics and automation across key functions including investment analysis, due diligence, portfolio monitoring, risk management and reporting, while maintaining human oversight and governance.

Oliver Gregson, the head of Schroders’ wealth management division, has confirmed that not only will it retain ownership of Cazenove Capital, its main wealth operating unit, but that it intends to expand its operations, especially in the very rich client segment. This would appear to put to end speculation initially raised by thewealthnet that Cazenove would be offloaded in the wake of Schroders’ merger with Chicago-based Nuveen LLC, the main investment subsid...