(Bloomberg) — It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks. The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking
Research by SMA Nutrition shows mums and dads believe there isn’t enough conversation about their babies health when it comes to issues like toileting – now a guide has been published Parents feel there are areas of babies’ health that need more discussion (stock image)(Image: nd3000 via Getty Images) Eight out of 10 parents of
SINGAPORE – DBS Bank expects to grow its assets under management (AUM) to more than $1 trillion by 2030 by hiring more staff and tapping artificial intelligence to expand its wealth business. The AUM growth will be driven by mass-market and emerging affluent customers, also known as the retail segment, as well as the bank’s
Feathery, which calls itself an artificial intelligence operating and decisioning system for financial services, announced that it has raised $30 million in total funding, which includes its recently completed Series A, led by Portage Ventures, with participation from Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures and Bain Capital Ventures (it raised a
Mr Lees will work with entrepreneurs, business owners and high-net-worth individuals, helping Scottish clients access the firm’s wider range of financial expertise. He brings more than a decade of experience advising business owners and families, along with a strong understanding of the Scottish market. The appointment forms part of Cooper Parry’s wider UK expansion strategy,
Walking is one of the simplest forms of exercise, yet many people become less active as they get older due to busy schedules, joint discomfort or desk-bound lifestyles. While skipping a daily walk may seem harmless, doctors warn that becoming sedentary after the age of 40 can have a significant impact on metabolism, heart health
Risevest, an online wealth management platform, in partnership with Schoolinka, has graduated the first cohort of RiseEducators, a financial literacy programme designed to equip Nigerian teachers with the knowledge and tools needed to build long-term financial security. The company said in a statement on Monday that the four-week programme, which welcomed 500 teachers from across
In this episode of Wealth Management Invest, David Bodamer speaks with Brian Moriarty, principal on Morningstar’s Manager Research Team, about the latest trends shaping the semiliquid fund market. Brian shares insights from Morningstar’s latest research, explaining why investor flows are shifting away from private credit toward private equity and venture capital, while exploring how changing
The wealth management landscape is evolving faster than ever, and AI is at the center of this transformation. Financial advisors who embrace AI-powered infrastructure today will define the industry tomorrow. This comprehensive ebook reveals how unified AI platforms and purpose-built technology are revolutionizing financial advisory services. From streamlining back-office operations to enhancing client experiences, discover
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email “Without Pip … I’d just be indoors, I wouldn’t do anything, and I’d really struggle,” says Paul Harris. “It gives us that little bit of