Managers of Wealth

WealthBriefing Research Reveals Worrying Gaps In Client Screening Practices

There are worrying gaps in the practices used by wealth managers to screen clients, new research from this news organisation shows.

Kenya only country in Africa where dollar-millionaires increased last year

SA's dollar-millionaires were 46,500 last year, a drop of 2,400 from 48,900 in 2014. Egypt also experienced a decline of 2,200 year-on-year to 19,700 millionaires.

Kenya: Rich Kenyans Splash Millions On London Property

According to Mr Shirley 24 per cent of Africa's Super-rich plan ditching the continent in the next decade for personal security, political issues and to access higher quality of education, health and life.

HSBC says ‘Cash is King’

HSBC has updated its asset allocation model, increasing its cash holdings by 11 percentage points to 17 per cent in their six-month tactical portfolio

UAE and Saudi Arabia have world’s youngest successful entrepreneurs

Entrepreneurs in those two countries also start younger than anywhere else in the world, with an average age of 26 when they launch their own business.

BOS, DBS, Julius Baer, Nomura, UOB: where’s best for Barclays’ private bankers in Asia to work?

Relationship managers’ main priority when moving banks is to keep hold of their clients

Offshore-i report on Offshore M&A, Q4 2015

Appleby's Offshore-i report focusese on transactions announced during the course of 2015. The 2,969 deals represented an almost identical number as in 2014, but accounted for a 56% increase in deal value.

UBS CEO expects to keep strong London presence in event of Brexit - paper

A Brexit would not have any significant, direct consequences for UBS, Ermotti said. Recent polls point towards a narrow vote in favour of Britain remaining in the EU.

Revealed: How ex-Barclays boss Jenkins met financier Amanda Staveley suing the bank for £1bn

Staveley was part of a £7.3billion fundraising by Barclays in 2008 at the height of the financial crisis, along with the state of Qatar and Sheikh Mansour of Abu Dhabi.

Hong Kong’s days as a thriving financial hub may be numbered

Cheah Cheng Hye warns that the city will lose its competitive edge as soon as mainland Chinese businesses begin to shift elsewhere

Dark Web drugs, data dumps and death: Which countries specialize in what services?

An interesting study on the global underground company shows that money can get you anything -- wherever you are.

Old Mutual 'considering all options' amid reports of break-up

Old Mutual, the FTSE 100 insurance giant, has said it is "considering all options" amid reports it is planning a multi-billion pound break-up.

How to avoid the damage of Capital Gains Tax - St. James's Place

The same goes for sales of buy-to-let property or, indeed, any property which is not your main residence.

GAM: Macro hype detracting from robust fundamentals of Japanese corporates

The company is benefitting from laboratories upgrading to the most technically advanced diagnostics equipment.

New challenges ahead for Islamic wealth management

The MIFC points out that the bulk of Islamic wealth remains concentrated in non-Muslim countries

Cards on the table

Even a performance benchmark as straightforward and widely accepted as the S&P 500 can be controversial.

The Athena factor

Asian women now account for 20% of the global population of female billionaires

China's Wealth Management Products, A Q&A

Here is one example showing why China's depositors have been desperate for yield.

Can Trust-Based Private Blockchains Be Trusted?

Nothing can be further from the truth.

Zimbabwe-style exodus of the rich from SA

Some 950 dollar millionaires left South Africa last year, up from 600 in 2014