North America
Investment | 19 Sep 24
Asset allocation model portfolio assets to reach $2.9trn by 2026
More than one-third of outsourcer advisers expect to increase their use of model portfolios over the next 12 months
Citigroup sells $70bn AUA global trust business to JTC
Citi Trust operates from New York, Delaware, South Dakota, Jersey, Singapore, Switzerland, Bahamas
Arta Finance gets EDBI investment to expand international wealth footprint
Arta is founded by ex-Google executives and jointly headquartered in the US and Singapore
J.Stern & Co makes trio of senior sales hires for London, Zurich, New York offices
The trio will join with the firm’s existing client, sales and distribution team across all strategies
Hoxton Wealth introduces long-term incentive plan to reward all employees
The company currently employs more than 260 staff in UAE, UK, US, Australia, South Africa, Europe