Managers of Wealth

Dubai Scrambles to Fly Gold Bullion from West to East

There is not enough space on airlines flying in to Dubai to meet the rapidly rising demand for physical gold in the emirate since the price plunged to record lows this week.

UBS boosts Swiss presence in commodity trade finance

In October, the Zurich-based bank said it would let 10,000 staff go as it withdraws from large parts of fixed income

Credit Suisse Client Survey: Commodities Investors Focus on Fundamentals as Ebbing Correlation Brings Market ‘Sea Change’

A new survey from Credit Suisse finds investors are focusing on fundamental strategies to generate benchmark beating returns as the correlation between commodities and other asset classes breaks down.

Intermediaries more confident about the UK

Intermediaries are becoming less fearful of the effects of inflation

Northern Trust Develops Index Methodology to Highlight Benefits of Tax-Transparent Fund Structures

The Tax Transparent Markets Index index, powered by Thomson Reuters, compares the after-tax performance of investments in tax-efficient contractual funds versus those in non-tax transparent fund structures for U.S.

Novia sees AUM grow to £1.42bn

Wrap platform says combination of low interest rates and increasing returns from equities is persuading investors to return to the market.

Hedge fund exits rise in June as investors reposition at mid-year

Requests to pull money out of hedge funds rose in June as investors used the mid-year point to review their portfolios and release cash to spend elsewhere.

Savoy billionaire could build mile-high skyscraper in London

TheSaudi billionaire owner of the Savoy Hotel has named London as a possible location to build an “ultimate” mile-high tower.

HSBC expands broker dealer outsourcing solution

HSBC Securities Services has expanded its broker dealer outsourcing solution to cover Europe, Asia, US, Latin America, Middle East and North Africa.

Woodford awarded CBE in Queen's Birthday Honours List

“We think it is our responsibility to give our advice and halfpenny worth on how they should allocate capital.

Diamond Turns To Singapore For $2bn Fund

The former chief executive of Barclays, is in talks to raise billions of dollars for a new venture from investors including Singapore's main state investment firm

An Indian summer at London art auctions

Leading international auctioneers Christie’s and Sotheby’s were once again vying with each other to offer the works of Indian contemporary masters this summer.

Singapore has edge in business trusts

Its first-mover advantage helps it to capture more yield-oriented issuers and investors

Bahrain bank inks deal for luxury Mayfair apartments

Close to Berkeley Square and Grosvenor Square, Mayfair Chambers is situated in the Mayfair Conservation Area, bounded to the west and south by Hyde Park, St James' Park and Green Park.

French bank in talks to buy out Newedge venture-sources

They have yet to reach agreement on a price

SS&C GlobeOp Hedge Fund Performance Index May 2013 and Capital Movement Index

Net inflows increased for the month of June, with subscriptions outpacing redemptions 2 to 1,"

RBC Investor & Treasury Services appointed global custodian by Polaris

"Asset managers and institutional investors are an increasing strategic focus for RBC Investor & Treasury Services in Italy.

BNP Paribas focusses on new G7 emerging markets

BNP IP notes that on-the-ground coverage is crucial when investing in these markets.

RBC Emerges as Possible Swip Bidder

The future ownership of Swip, which primarily manages money on behalf of Scottish Widows, has been the subject of speculation for some time.

Christie’s and Sotheby’s stage spectacular sale previews in £210m summer art bonanza

Art worth £210 million, including some of the finest, rarest and most exciting pieces coming up for sale at the top auction houses this summer