Blue states lead lagging US on environmental, social and governance (ESG) investing; pension funds hold investment managers accountable.

UBS Americas head says cost of hiring too expensive; fees and salaries based around AuM rather than product.

No other sovereign wealth fund looks like Australia’s. Its chief investment officer reckons that, by some measures, almost two-thirds of the fund is in alternative or illiquid assets. Even so, it’s working.

European wealth managers are battling it out in Asia but North America is where private banking revenues are.

View photos from the event.

Swiss bank buys Brazil’s biggest multi-family office; wealth management industry continues to grow fast despite economic turbulence.

Bernardo Parnes opens IB and wealth management boutique; consultancy aims to differentiate by seniority of advisers.

Lombard Odier may be a traditional Swiss private bank, but its investment in technology and impact investing has made it an example of a next generation wealth manager.

With increasing wealth and a desire to create sustainable social and environmental impacts, Asia is overtaking the US as the driver of innovation in philanthropy. It’s also creating a great opportunity for private banks and others.

Few banks have navigated turbulent times so well, posting record revenues on the back of strong net inflows and rising markets.

JPMorgan Private Bank clients enjoy the best of both worlds: an intimate relationship with a US lender that is allied to the power of a genuinely global financial leader. It is led by Mary Callahan Erdoes.

In the US, JPMorgan has 55 dedicated private banking offices, from Austin to Seattle, and Cincinnati to Fort Lauderdale. Elsewhere, it focuses heavily on serving high and ultra-high net-worth customers in Europe, where it has eight offices, including the UK and Germany, Asia, through Hong Kong and Singapore, and Latin America, with clients served out of Miami, New York and Switzerland.

JPMorgan Private Bank wins this year’s top award, as well as being named the world’s best private bank for ultra-high-net-worth individuals 2023, and the world’s best private bank for investment research 2023.

The global wealth expert has expanded its vision, horizon and profits this year

The great financial innovator shone again in global wealth management.