Managers of Wealth

UBS to Combine Foreign Exchange, Rates and Credit Trading

UBS scaled down its rates and credit businesses last year in a move to boost profitability at the investment bank.

Bitcoin Breaks Through The $1,000 Barrier

Value of virtual currency has risen fivefold since the beginning of the month

SS&C GlobeOp Forward Redemption Indicator: November Notifications 5.09%

The SS&C GlobeOp Forward Redemption Indicator for November 2013 measured 5.09%, up from 3.36% in October.

IFG reports ‘steady’ performance

Financial services group IFG said its Irish business is delivering “steady performance” despite difficult trading conditions, with the corporate pensions division achieving good growth.

Credit Suisse Sets Up New Fixed-Income Group After Bond Job Cuts

Bradbery confirmed nearly all the affected staff have already been informed about these redundancies

Hedge funds in emerging Asia, Middle East, Russia lead Q3 gains

Emerging Markets hedge funds extended year-to-date (YTD) performance gains in the third quarter as local equity and currency markets posted a strong recovery on a continuation of the US Federal Reserve stimulus measures, according to the latest HFR Emergi

SS&C GlobeOp Hedge Fund Performance Index up 1.06 per cent in October

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.16 per cent in November.

The Credit Suisse Hedge Fund Index Finished up 1.59% in October.

Performance for the Broad Index and its 10 sub-strategies is calculated monthly.

Discretionary Inflows Boost Charles Stanley’s Profits

The wealth manager brought in £500m of new money into its discretionary management service, and £800m into the business as a whole, in the six months to the end of September.

JPMorgan to shut Geneva energy trading operation -sources

JPMorgan is set to close its energy trading operation in Geneva, which employs a team of around 12 traders, within the next four to five months

More China Managers Rank Among World's 500 Largest Firms

China-based asset management businesses have stormed onto a ranking of the world’s top 500 asset managers

Schroders re-opens Asia Asset Income Fund

Schroders had suspended the fund at the end of March, after assets swelled to $5.2bn, which it said was the fund's optimal capacity.

Pershing brings institutional investment research to broker-dealers, advisers

The development of this solution is a direct result of an increasing number of advisors seeking additional resources as they continue to shift their business toward advisory.

London Property Not Best Investment for Hong Kong Monetary Authority

London has proven to be a strong, liquid real estate market with robust demand for grade A office and retail assets over different market cycles.

Swiss fund Gottex enters China with VStone in Asia push

"The objective is to build out Gottex capability in China and to be able to provide our investors access to China's onshore markets across equity, fixed income and private equity," Gottex co-founder Max Gottschalk told Reuters.

Smith & Williamson merges UK fund range

Following the move, the UK Equity Growth trust now has assets of £40m.

Brown Brothers Harriman, ICBC Sign China Funds Deal

“We want to be here at the outset of this cross-border cooperation for the big asset managers,” said Douglas Donahue, managing partner at BBH.

iShares sees increase in wrap platfroms' assets

iShares' ETFs are available on a total of 27 platforms and this data reflects assets held on nine of the major platforms: 7IM, Ascentric, AXA Wealth Elevate, Fidelity FundsNetwork, Novia, Nucleus, Raymond James, Standard Life and Transact.

Warren Buffett sees Berkshire Hathaway profits jump 29pc to $5.05bn

Billionaire Warren Buffett sees Berkshire Hathaway profits jump on Goldman Sachs and General Electric investments

Warren Buffett sees Berkshire Hathaway profits jump 29pc to $5.05bn

Billionaire Warren Buffett sees Berkshire Hathaway profits jump on Goldman Sachs and General Electric investments