Europe | 12 Sep 17

Swiss private banks are failing to address rapidly declining profitability and are too focused on defensive measures to implement a radical transformation that will allow them to generate competitive advantage and sustainable growth, says KPMG.

Companies | 12 Sep 17

Manulife is consolidating its wealth businesses and moving several key figures, while JPMAM has raided the UK Treasury to hire a chief market strategist for Europe and UK and Lombard International created a new chief operating officer role.

Emerging Markets | 12 Sep 17

Donald Trump’s administration has presented more opportunities than problems for emerging market equity managers, argues GAM’s Tim Love.

Companies | 12 Sep 17

UK financial services firm STM Group doubled its pre tax operating profit during the first six months of 2017, with new business from self-invested personal pension (Sipp) products helping offset the impact of the new government levy on transfers to foreign pension schemes.

Asia | 12 Sep 17

Smart beta ETFs have gained significant market share in Asia Pacific but are struggling globally, according to Morningstar.