Hong Kong-based asset manager GRT Capital Management has officially entered the Middle East, establishing a new regional hub within the Dubai International Financial Centre. The firm, now regulated by the Dubai Financial Services Authority, aims to capture growing demand for alternative and Shariah-compliant investment strategies across the MEASA region.
Barclays has expanded its footprint in Singapore, launching a private bank booking centre designed to cater to ultra-high net worth individuals and family offices. This move positions the firm to capture a growing share of the Asia-Pacific market, which is projected to become the world's largest wealth hub by 2030.
London-based Pacific Asset Management and global giant Citi Wealth are reshuffling their senior ranks to bolster investment and platform capabilities. Scott Spencer joins the former to drive multi-asset strategy, while Elizabeth McElherne steps into a pivotal leadership role at Citi to manage complex global investment vehicles.
Swiss legislators have signaled a shift in banking oversight, backing a plan that requires UBS to hold 50 percent of its foreign subsidiary capital in Common Equity Tier 1. The proposal offers a middle ground for the banking giant, which has resisted government demands for full, rigid capital backing.
Investment firms are aggressively diversifying their product suites to capture shifting demand, with Schroders launching regional active ETFs, Utmost establishing a dedicated distribution arm in Portugal, and Seraphim Space debuting a specialized fund focused on the burgeoning space economy.
Nearly every professional investor surveyed by London-based fund manager Robocap anticipates a major AI breakthrough this year, fueled by a massive expansion in computational power. With $513 billion in assets under management represented, the findings suggest that artificial intelligence will account for 22 percent of global economic growth.
The global surge in artificial intelligence investment is fueling trade surpluses and GDP growth in Korea, Singapore, Taiwan, and Malaysia. However, this semiconductor-driven momentum obscures a troubling stagnation in non-AI export sectors, as rising competition from China challenges the region’s traditional manufacturing dominance.
With €87 million in net profit for the first half of 2026, Copenhagen-based Saxo Bank has eclipsed its previous financial benchmarks. Despite a global landscape defined by geopolitical tension and persistent macroeconomic uncertainty, the firm secured an 18 percent year-on-year increase, signaling robust expansion in its core commercial metrics.
A £2.7 billion deal has officially transitioned JTC from a publicly traded firm on the London Stock Exchange to a private entity. The acquisition, led by private equity firm Permira alongside the Canada Pension Plan Investment Board, marks a new chapter for the Jersey-based global professional services provider.
Nearly nine out of ten UK charities have ramped up their private equity holdings over the past two years, signaling a broader departure from traditional investment models. A new study from wealth manager Rathbones reveals that these organizations are prioritizing capital growth and diversification through complex, active strategies.
Geneva-based Pictet Asset Management has appointed Alfred Le Léon as head of ETF distribution for the EMEA region. The creation of this new role follows the firm’s recent entry into the European ETF market, signaling a strategic effort to capture rising demand for passive and active index-based investment vehicles.
Paris-based asset manager Carmignac has officially expanded into the Middle East, launching a new regional office within the Dubai International Financial Centre. The firm secured authorization from the Dubai Financial Services Authority, marking a calculated push to capture growing demand from institutional and private wealth investors across the region.
The global surge in artificial intelligence will demand a staggering $31.6 trillion in infrastructure investment through 2050, according to a new report from PwC. Unlike traditional construction cycles, this capital expenditure will be driven primarily by rapid, recurring hardware upgrades rather than mere physical building footprints.
As regulators in the U.S. and Europe open private credit markets to retail investors, the CFA Institute warns that current oversight is failing to keep pace. The expansion of these illiquid, complex assets into wealth platforms creates structural vulnerabilities that demand more rigorous fund governance and transparency standards.
As regulators in the US and Europe lower barriers for retail investors to enter private credit markets, a new report from the CFA Institute warns that current oversight frameworks are lagging behind. The shift toward semi-liquid vehicles and digital platforms risks exposing less sophisticated investors to complex, illiquid assets.
A wave of senior appointments across London-based financial and legal institutions signals a strategic push to bolster investment capabilities and governance. Columbia Threadneedle Investments, Fidelity International, and law firm Charles Russell Speechlys have all announced key hires to navigate shifting regulatory landscapes and expand their client-facing expertise.
Denny Pole and Weiwei Chen are leaving Julius Baer to join Deutsche Bank’s Swiss operations this September. The move marks a strategic effort to scale the bank's Financial Intermediaries division, as the firm looks to deepen its footprint in European, international, and emerging markets through seasoned wealth management leadership.
AlTi Global, the wealth manager with $49 billion in assets, faces a complex path to privatization as a massive valuation gap persists. The firm’s potential exit is currently constrained by the formidable contractual protections held by its two largest minority investors, Allianz X and Constellation Wealth Capital.
AlTi Global, the $49 billion RIA that went public via SPAC last year, faces a complex path toward a potential take-private deal. While the firm explores a sale before year-end, the process remains deadlocked as buyers struggle to reconcile the firm's valuation with the extensive protections held by its minority investors.
Fortress Investment Group is pushing its private wealth solutions beyond the Americas, tapping industry veterans Yuko Umino and Harry Bush to spearhead expansion into Japan and EMEA. The move signals a strategic bid to capture shifting household savings in regions where cash remains the dominant asset class.
Swiss banks shattered financial records in 2025, pushing aggregate net income to 73.8 billion francs while assets under management surged past the 10 trillion mark. Despite this headline growth, the industry faces an uneasy transition as regulators weigh stricter capital mandates for UBS and headcount continues to shrink.
Weatherbys Private Bank has relocated its Manchester operations to the historic Sunlight House in Spinningfields, marking a pivotal step in the firm’s ambition to double its total size by 2030. The move signals a broader trend of wealth managers shifting their focus away from London toward regional hubs.
EFG International has officially expanded its Swiss footprint with the opening of a central office at Marktgasse 37 in Berne. The Zurich-listed bank aims to capture further market share by deploying a specialized team to serve high-net-worth and ultra-high-net-worth clients across the region, effective immediately.
Paris-based BNP Paribas Asset Management has overhauled its leadership structure, naming four new chief investment officers to oversee its global platform. Effective September 1, 2026, the appointees will report directly to Rob Gambi, the firm’s global head of investments, as part of a strategic push to sharpen client focus and innovation.
Central bank buying has prompted Schroders to upgrade its outlook on gold, even as the investment house maintains a pro-cyclical stance. Despite concerns over market concentration in artificial intelligence, the firm continues to favor equities, citing resilient global growth and strong corporate earnings as the primary drivers of its strategy.
Geneva-based Pictet reported a 12 percent jump in net profit to SFr371 million for the first half of 2026, defying a challenging geopolitical climate. The private bank’s assets under management climbed to an all-time high of SFr810 billion, signaling sustained client confidence despite ongoing market instability.
Dubai’s financial hub is strengthening its leadership bench as Karthik Chandrasekaran steps into the role of chief investment officer at Three Comma Capital Advisors. A veteran with over two decades in international banking, he leaves his position at Julius Baer to oversee investment strategy at the DIFC-based asset manager.
A record £24.2 billion in capital gains tax liabilities was collected by HM Revenue and Customs in the 2024/2025 tax year, an 89 per cent jump from the previous year. The spike reflects a mass investor sell-off triggered by anticipation of rising tax rates and shrinking annual exemptions.
With nearly two decades of experience in sub-investment grade credit markets, Stephen Tapley has been named deputy head of high yield at Mediolanum International Funds Limited. He joins the firm’s 72-member investment team in Dublin to bolster the group’s internal management of high-yield strategies and long-term performance.
With Japanese household financial assets swelling to a record $15 trillion, Hong Kong-based FGA Trust is planting a flag in Tokyo. The firm, a licensed trust and corporate services provider, is opening a representative office to capture the growing demand from high-net-worth families and local business owners.
