At the other end of the scale, in the seventh edition of the annual survey of global prices and living standards, it may come as no surprise that quality of life is perceived to be much tougher in China.
This complements Vontobel’s steady organic growth in wealth management over the past few years and, at the same time, strengthens its position as one of Switzerland’s leading wealth managers.
The Adviser Ratings research pointed to almost 7,000 advisers having left the industry since 2015, with the future attrition rate expected to increase and described IOOF and AMP as being the majors most at risk from adviser churn motivated by FASEA.
The transaction, which the parties expect to be completed in the third quarter of 2018 subject to regulatory approval, would be financed through available capital and an additional Tier 1 bond.
“Paulina is a dedicated advocate for women both as clients and as professionals in the asset management industry,” said John M. Dowd, chief executive officer of Fiduciary Trust Company International.