UBS

More than 80% of the richest clients want big asset growth later in life, according to a new UBS survey.

The new hire comes after the wirehouse said it would cut back on recruiting.

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

Fidelity already has a private fund in China, and BlackRock plans to launch one as well.

For clients looking for investment income, these funds excelled in the first half of 2017.

The Swiss wirehouse hit the founding partners of an $8 billion firm with a lawsuit.

The advisers previously worked at RBC Wealth Management, with one of them making the firm’s Chairman’s Council.

Despite hiring pullbacks at the larger firms, there's been no shortage of multibillion dollar moves.

Its local unit is the first qualified domestic limited partner to be granted a license from the Asset Management Association of China.

The firm joined BlackRock as a strategic partner of the alternative investment tool aimed at wealthy clients. Plus; other launches.