Managers of Wealth

How stolen treasure kick-started the Bank of England

The man whose money kick-started the Bank of England was William Phips, originally from New England.

Will this quantum computer take down internet banking?

Many of the world’s public key security systems, which encrypt online banking transactions and the like, operate on a simple principle: that it’s easy to multiply two large prime numbers to generate a gigantic number.

Your advisor might be hiding something from you

Since about half of advisors don't actually lose their job after misconduct, nearly 3 in 4 professionals with blemished records are still active after a year, Egan said.

Bitcoin roundup: Banks' blockchain ledger development gathers pace

The blockchain is the distributed public ledger system used by bitcoin to verify transactions, but it can be adapted for non-bitcoin uses.

As Many As 20% Of Advisors At Some Firms Crooks

One thing advisors should not be doing, if they want to stay out of these databases, or at least out of the sights of lawyers like Jake Zamansky who sue them for a living, is sell clients like Solera bonds paying 11%.

Fitch: Barclays 4Q15 Loss and Strategy Update Highlight Performance Challenges

The planned reduction of its 62.3% ownership of Barclays Africa Group Limited (BAGL) to a non-controlling stake could take up to three years, according to management.

Leading experts discuss industry concerns

The event covered issues facing the industry which included Cyber-Security, Regulation and operational transformation

Brexit: What worries Europe’s richest

What would a UK exit do to your wealth?

ANZ wealth targeted

The listed financial services provider IOOF, meanwhile, is known to be deal hungry, with highly acquisitive chief executive Chris Kelaher at the helm.

The 42 richest hedge fund managers in the world

Overall, 2015 was a disappointing year in terms of hedge fund performance. The average fund fell 3.64% in 2015, according to Hedge Fund Research.

Aberdeen Asset chief Martin Gilbert says China won't repeat market mistakes

For Gilbert, the founder and global CEO of Aberdeen Asset Management, the observation hit the nail on the head in explaining the chaotic volatility in Chinese equity markets earlier this year as fears grew about the trajectory for China's economic gr

Nutmeg targets ‘human’ advice after FCA approval

Nutmeg first announced its intention to provide financial advice last August (2015), with Mr Hungerford telling FTAdviser it was the logical “next step” in the firm’s journey.

Offshore Deal Value Rises 56 Percent In 2015

Average deal size reaches new high, Appleby report finds

Estimates for the Private Client Indices and ARC Charity Indices

February's estimates for the Private Client Indices and the ARC Charity Indices are now available.

Have emerging markets reached a nadir?

Events are playing out in China largely in line with our expectations, and state intervention is helping shield the economy from oil price slumps.

World's super-rich population fell in 2015, says Knight Frank

The growth deceleration in equity, commodites and other asset prices last year also dragged down some of the wealthy individuals' net worth, according to the report.

Why IPO Investors Are Set Up For Failure

No question, market fundamentals and the performance of the broader economy will inevitably impact the valuation of any public company.

World's super rich keep buying up luxury goods in face of wealth decline

Sales of super-yachts rose 40% last year despite number of millionaires and ultra rich falling, according to wealth report

The Entrepreneurs Spurring Africa’s Rise

Many African nations face grave challenges, including widespread poverty and unemployment. But the continent is also home to many of the fastest-growing economies in the world and entrepreneurs who are spurring Africa’s growth in unique and dynamic

Coutts press release: Serial entrepreneurs will be key to the success of UK economy

A report released today by Coutts and the Centre for Entrepreneurs (CFE) provides an overview of the depth and extent of serial entrepreneurship in the UK.