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TheCapitalNet awarded Best Private Market FinTech Solutions Provider 2022 by Wealth & Finance International

indie
3 minutes

MENLO PARK, CA & HYDERBAD, IN, Sep 8, 2022 - (ACN Newswire via SEAPRWire.com) - TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International. TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while focusing on PE, VC, CVCs, Angel Networks, Family Offices and M&As.Link: www.wealthandfinance-news.com/winners/thecapitalnet-inc/Wealth & Finance International provides fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors. This recognition reinforces the belief that TheCapitalNet products are putting the best technologies to work while collaborating with stakeholders to enable what they do best: value nurturing and wealth creation."We are thrilled to be recognized by Wealth & Finance International," said Dr. Rakesh Bhatia, Founder and CEO of TheCapitalNet. "Every accolade brings its own set of responsibilities to our business, and we are committed to making TheCapitalNet...

ACN Newswire
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【华富财经杰出企业大奖2021】今日公布得奖名单

tallulah
1 minute

HONG KONG, Mar 30, 2022 - (亚太商讯 via SEAPRWire.com) - 由华富财经网主办的【华富财经杰出企业大奖2021】今日公布获奖企业名单，本年度共八间企业获得九项殊荣。大奖在疫情下仍获得商界，香港及海外媒体支持，一同见证获奖公司卓越成就。第十三届【华富财经杰出企业大奖】 永续营商 成就卓越作为香港领先的专业财经网站，华富财经网在专注财经领域之余，亦聚焦大众关心的优秀表现行业，自2009年起举办【华富财经杰出企业大奖】，嘉许卓越企业。【华富财经杰出企业大奖】的评审团由华富财经网编辑部、研究部团队，以及一班独立的经济分析师组成。在收集各界提名后，每间企业均须递交基本资料和自我评价报告以作评选。评审团再依据八大范畴，包括: 优秀产品及服务、品牌形象、管治方针、市场推广、发展策略和潜力、业内成绩、企业社会责任，以及独特的经营理念或发展，从各行各业选出具代表性的企业，接受嘉许并颁发奖座以作表扬。今年为第十三届【华富财经杰出企业大奖】，以「永续营商 成就卓越」为题，表扬企业在面对充满挑战的环境下，充分发挥持续经营的决心及韧性，对环境、社会、企业管治等优秀管理，为企业以至社会整体订下永续发展的目标。本届获奖公司来自多个商业界别，包括金融服务、强积金服务、移民顾问、资讯及通讯科技服务供应商、物流、交通基建及保健服务等。今年共有八间公司荣获大奖，其持续营商的经营远景获得嘉许，包括：Bartra Wealth Advisors Limited、中国人寿信托有限公司、中信国际电讯(信息技术)有限公司、嘉里物流、伟禄集团控股有限公司、伟禄亚太证券有限公司、越秀交通基建有限公司及环亚国际医疗科技集团有限公司。荣誉嘉宾见证盛事 商界媒体广泛支持为保障参加者安全，本年度大奖改以网上公布得奖名单，稍后以其他方式发放奖项。尽管如此，大奖仍获得荣誉嘉宾鼎力支持，包括财经事务及库务局副局长陈浩濂先生太平绅士、香港市务学会荣誉主席陈裕光博士及注册财务策划师协会会长黄敏硕先生。中国通海金融财经媒体有限公司董事总经理陈耀峻先生表示︰「2021年我们经历疫情放缓后再度重临，全球各地的企业吸收前年的经验后持续奋进，务求在艰难的经营环境下持续营商。卓越企业以独特的经营理念，沉着应战，默默守护企业及持分者的利益，成就更大更广的成就，为未来经济复苏后殿下坚实基础。华富财经杰出企业大奖踏入第十三年，再一次肯定香港企业的出色表现，为疫情下的企业持续发展设定标准。华富财经藉此衷心恭贺本年度的获奖公司，你们在艰难中砥砺前行，成为同侪的榜样。」大奖获得中外媒体鼎力支持大奖获中外媒体广泛报道和支持，包括《英文虎报》(The Standard)、《财股网》、《Investing.com》等。 【华富财经杰出企业大奖2021】得奖名单﹙排名按公司英文字母顺序排列﹚1. 杰出爱尔兰移民咨询...

JCN Newswire
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Brewin Dolphin Reaches Key Milestone in its Digital Transformation Journey with Avaloq’s SaaS Solution

ruth
4 minutes

London, UK, Dec 8, 2021 - (JCN Newswire via SEAPRWire.com) - Brewin Dolphin, one of the UK's largest wealth managers, has gone live with a cloud-based Software as a Service (SaaS) solution from Avaloq, an NEC subsidiary and global leader in digital banking solutions and wealth management technology. The partnership is part of Brewin Dolphin's ambitious technology upgrade programme and is going to transform the firm's core processing solution by enhancing its digital capabilities.The new platform will replace a legacy core banking system and is a key pillar in Brewin Dolphin's focus on greater operational efficiencies as well as technological agility to support its long-term growth strategy. Avaloq's SaaS solution will deliver higher straight-through processing (STP) rates and richer data analytics, allowing for quicker product launches, and providing a superior client engagement proposition. The successful go live showcases Avaloq's proven expertise with wealth management firms and its ability to transform complex technological infrastructures across the back, middle and front office. With its cloud-based SaaS model, Avaloq delivers innovative digital banking solutions at scale, le...

SeaPRwire

Finance Watch: A new era in wealth management beckons

elean
1 minute

SINGAPORE - One of the biggest challenges - and opportunities - facing the wealth management industry, especially in Asia, is the transfer of inter-generational wealth. As the first-generation creators of wealth reach retirement age, they are starting to restructure their asset holdings. This will add complexity to the wealth management marketplace, says Bank of Singapore (BOS) chief executive Bahren Shaari. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

What has changed about the wealthy

elean
6 minutes

(NYTIMES) - I began writing the Wealth Matters column in December 2008. The column was conceived earlier that year, when the US economy still appeared to be running high. But by the time the first one ran, the economy was deep in crisis, and Americans were worried about their investments, their savings and, in many cases, their homes. It took years for many Americans to recover. As for the wealthy, they have flourished in those 13 years. I'm writing my last column - No. 608 - as the coronavirus pandemic has highlighted how stark income inequality has become in the United States. We have multiple billionaires blasting into space on their own rockets, high above the economic, financial and health problems of the rest of the world. So for this Wealth Matters column, I called a group of people who work with or study the wealthy, people I've leaned on repeatedly over the years for insights, and asked them this open-ended question: How has the perception of wealth changed from 2008 to today? "I got death threats the first time you mentioned me in your column and the last time, too," said financial therapist Brad Klontz whom I had first quoted in February 2009 and most recently last month...

SeaPRwire

Singapore said to canvass wealth circles on tax ideas

elean
6 minutes

SINGAPORE (BLOOMBERG) - Singapore's government has been soliciting feedback on its tax regime, including having conversations around wealth taxes, as discourse grows around this potentially sensitive topic. While the government regularly consults various industry groups on fiscal policies, the talks around such taxes appear to have picked up pace following comments by Monetary Authority of Singapore (MAS) chief Ravi Menon in July that expanding levies on the rich may be needed to address wealth disparity. Officials from the administration have met with members of Singapore's business elite and advisers to the rich to gauge their reactions and understand concerns, according to people familiar with the discussions, who asked not to be identified because of the delicate nature of the topic. The discussions took place through official feedback sessions as well as unofficial meetings over meals, they said. Singapore's low taxes and stability have long attracted the world's wealthiest, from Facebook co-founder Eduardo Saverin to James Dyson, the billionaire founder of the eponymous vacuum cleaning giant, making the city-state a hub for private banking, family offices and asset management...

ACN Newswire
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Trident Financial Planning Joins Connectus, Further Expanding Connectus’ Footprint in the United Kingdom

indie
4 minutes

NEW YORK, NY, Oct 4, 2021 - (ACN Newswire via SEAPRWire.com) - Focus Financial Partners Inc. (NASDAQ: FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that Trident Financial Planning Limited ("Trident") has been acquired by Connectus Wealth Advisers ("Connectus"). Trident is a boutique chartered financial planning and wealth management firm headquartered in Berkshire, England with a satellite office in East Lothian, Scotland. Founded in 2010 by Vincent Reeves, Duncan Forbes and Andrew Wagstaff, Trident provides customized wealth management and financial planning advice to individuals and families throughout the United Kingdom. Through a high touch, personalized service model for clients across all phases of their financial lives, Trident has established long-standing and loyal multi-generational relationships."We are very excited to announce our partnership with Connectus," said Vincent Reeves, Founder and Director of Trident. "This is the next step in the evolution of our firm, and we are pleased to be gaining a strategic partner who appreciates our entrepreneurial and client-centric mindset. Similarly, we look forward to ga...

ACN Newswire
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New England Investment & Retirement Group to Join Focus Partner Firm Connectus Wealth Advisers, Continuing Connectus’ Strong Momentum in the United States

indie
4 minutes

NEW YORK, NY, Oct 2, 2021 - (ACN Newswire via SEAPRWire.com) - Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which New England Investment & Retirement Group, Inc. ("NEIRG"), a registered investment adviser headquartered in North Andover, MA, will join Connectus Wealth Advisers ("Connectus"). The transaction is expected to close in the fourth quarter of 2021, subject to customary closing conditions.Founded in 1995, NEIRG provides holistic wealth management services to high-net-worth individuals and families, trusts, estates, endowments and retirement plans. Through sophisticated financial planning and a differentiated investment management approach, including access to proprietary alternative investment solutions, NEIRG provides its clients with highly personalized services to help them attain their objectives."Joining Connectus will position us to achieve the next phase of our firm's evolution and growth while maintaining our boutique service approach and culture. Connectus will equip us with a very attractive suite of tools and...

SeaPRwire

How climate-focused are sovereign funds?

elean
5 minutes

(REUTERS) - Risks don't come much longer term than climate change, so you might expect sovereign wealth funds (SWFs) to be all over it, as investment giants with decades in their sights. Yet the world's biggest SWFs are making only patchy progress in adapting investment plans to account for environmental, social and governance factors, according to data on energy investments, an environmental, social and corporate governance (ESG) analysis of the equity holdings of some of the funds, plus a survey of the players. Such data provides snapshots of the complex and often opaque world of sovereign funds, which collectively hold nearly US$8 trillion (S$10.8 trillion) in assets. The industry has invested US$7.2 billion in renewable energy since 2015, for example, less than a third of the amount poured into oil and gas, data from the International Forum of SWFs (IFSWF) showed. The Antipodean funds, which publicly disclose their investments, scored highly in the ESG analysis of major corporate holdings. New Zealand also said it planned to cut the emissions intensity of its overall portfolio by 40 per cent by 2025, referring to a measure of emissions proportional to revenue. Middle Eastern fu...

SeaPRwire

HSBC lures US$9.3b in private banking inflows in Asia

elean
2 minutes

HONG KONG (BLOOMBERG) - HSBC Holdings attracted US$9.3 billion (S$12.6 billion) in net new money for its private banking business in Asia during the first half, with client assets rising 25 per cent from a year ago. Its Asia wealth balances - which include its Premier & Jade deposits and global private banking client assets - reached a record of about US$810 billion, accounting for nearly half of the total globally, it said in a statement. The London-based bank is pinning its future on Asia, and has outlined ambitious plans to expand in wealth management, particularly in China. It is shifting billions of dollars to Asia and plans to hire more than 5,000 new wealth planners to grow its business over the next three to five years. The bank continued to add Asian wealth front-line staff in the first half, with around 600 full-time employees hired, it said in the statement. This included 350 personal wealth planners for HSBC Pinnacle, the bank's mobile personal wealth planning service in mainland China. HSBC joins rivals, including Credit Suisse Group, Citigroup and Nomura Holdings, in a battle to manage growing wealth in the region. Citigroup attracted close to US$15 billion in net new...

SeaPRwire
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This former banker is on a mission to make investing more accessible for S’poreans in volatile times

elean
6 minutes

When global stocks started to fall in February last year due to news about the impact of the Covid-19 pandemic, social media and online discussion boards were flooded with questions and comments from anxious retail investors, including retirees. To address common concerns, the founding team of Endowus quickly put together a series of educational webinars to help Singaporeans understand the volatile nature of financial markets. Through the webinars hosted on YouTube, investors learnt about market risks, the importance of having a well-diversified portfolio and the difference between speculating and investing, says chief executive Gregory Van. As demand for these sessions grew, the founding team, whose members previously worked for global banks such as UBS, Morgan Stanley and Goldman Sachs, tapped into their network. They engaged fund managers, financial bloggers and experts to not just break down and explain advanced investing concepts, but also share insights and knowledge with investors of varying experience, from first-timers to veterans. Many Singaporeans are looking for ways to supplement their income, save for retirement, grow their wealth and keep up with inflation. Yet, not ...

SeaPRwire

Losing money is bad for the heart, says study

elean
3 minutes

(BLOOMBERG) - You probably know this already - high-risk investments are not for the faint-hearted. But what you may not know is that the ups and downs of your investment can also affect the health of your heart. Big financial gains are linked to better heart health, even later in life, and significant losses to worse cardiac outcomes, according to a 17-year study. Researchers reported their results in the Jama Cardiology journal after analysing data on over 5,000 middle-aged Americans with no initial history of coronary disease to see how losing or gaining money affected their hearts. If a population is divided into fifths in terms of wealth, moving up from one quintile to the next or higher is linked to a roughly 16 per cent lower risk of heart trouble in older age, said senior author Muthiah Vaduganathan, a Harvard cardiologist at Brigham and Women's Hospital in Boston. Dropping down to a poorer fifth of the population is linked to a 15 per cent higher heart risk, according to the study. The study looked at major, long-term gains and losses rather than day-to-day market ups and downs. "We're talking about substantial shocks to an individual's life that can change their relative ...

SeaPRwire

Singapore banks target region’s emerging affluent segment

elean
1 minute

SINGAPORE - Wealth managers are taking advantage of the Covid-induced consumer shift to digital by blending technology and human capabilities to expand their reach to the fast-growing emerging affluent segment across Asia. Growth of household wealth in Asia is likely to outpace the rest of the world with more people in Singapore expected to see their net worth cross the million dollar mark by 2025, studies show. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Ultra-rich still drawn to S’pore as wealth hub

elean
1 minute

SINGAPORE - The pandemic has failed to dent Singapore's status as a global wealth hub with well-off individuals continuing to put their riches here. Asset managers note that private banks like UBS, Citi and HSBC are expanding their wealth businesses despite the Covid-19 crisis. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

HSBC to expand wealth businesses here and in region, build on Singapore’s growing stature as hub

elean
1 minute

SINGAPORE - HSBC is building on Singapore's growing stature as a hub for the well-heeled by expanding its wealth businesses here and in the region. It plans to hire around 5,000 customer-facing staff in the next five years in Hong Kong, Singapore and mainland China to serve clients in the coveted sector. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.