Managers of Wealth

Seizing the Global HNW Expat Opportunity takes centre stage

According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.

Citi Private Bank Hails Fernando Alonso’s Superb World Endurance Championship Debut Race Win

His triumph could barely have been more dramatic, with his Toyota TS050 Hybrid crossing the finish-line just 1.4 seconds ahead of the next car.

Morningstar Launches Morningstar Direct for Wealth Management

Morningstar Direct for Wealth Management addresses the challenges wealth management professionals face including organizational alignment, disparate technology solutions, and changes in the regulatory environment.

How Morgan Stanley’s Gorman Overhauled Wealth Management to Help the Whole Organization

The wealth management division was responsible for less than 25% of the company’s revenue in 2005, but since Gorman took over that has continually increased.

Pimco, BlackRock and Cap Group ramp up model portfolio push

There are some obvious ways to respond to this, of course.

Boris Collardi Waves Goodbye to the Red Carpet

Pictet also needs to grow in Asia – something even the bank quietly concedes.

Wealth in Thailand: ready for the next big step forward?

The same banker argued that despite this influx of competition, the universal Thai banks do not consider this much of a threat to the major local banks and wealth firms.

Standard Life Aberdeen disputes Lloyds 'right' to pull £109bn Scottish Widows portfolio

SLA claims it is not a 'material competitor'

UBS Wealth Management sets up London-based high-net-worth team

This resource commitment is bearing fruit and we take tremendous pride in achieving growth milestones like we have today.

With 1.2 million HNW expats, wealth managers must offer tailored products, says GlobalData

As a result, wealth managers have been eager to differentiate themselves from the competition by focusing on particular segments of the market.

Everbright Sun Hung Kai launches new account to compete head-on with private banks

Asset Power Account will allow existing or new customers with assets worth a minimum of HK$8 million (just more than US$1 million) to invest across a range of services

China penalises three banks for improper wealth management

Besides amending the regulatory standards for asset management services, the new rules address other relevant issues.

Goldman's $1 Billion Bankers Are Benchmark in Asia's Wealth Race

The rising pools of wealth partly reflect the sheer volume of rich individuals being created in Asia, a region that’s home to more millionaires than North America.

Urgent need for more holistic approach to wealth management

To help Malaysians understand comprehensive wealth management, its issues and developing opportunities, Harveston Financial Group will be holding the country’s first integrated holistic wealth management conference on June 9

Investing Canvas: Many Planners Add Art Valuation to a Portfolio Conversation

Art partnerships offer some little-understood advantages

UK’s oldest bank taps 32-year-old as new partner

Looks to inject ‘millennial thinking’ into venerable institution

BTG Pactual’s wealth business posts record inflows

This brings its total wealth assets to 100.2 billion reals ($28.3 billion), up 15% compared to the fourth quarter of 2017.

UBS Becomes First Global Bank to Take Advantage of China Opening

UBS said in a separate statement it aims to raise the stake in its China venture to 51 percent, up from the current 24.99 percent.

How Morgan Stanley Got Its Mojo Back

CEO James Gorman wasn’t a star trader or a banker. He was a consultant, and well matched for Wall Street’s new mundane style of business

Capco Launches Fine Art & Collectibles group

New group works with wealth managers, family offices and boutiques to seize opportunities in a growing and competitive market

Wealth and Asset Management