Managers of Wealth

The Multi-Family Office Platform

The ultra-wealthy are increasingly considering establishing single-family offices or availing themselves of multifamily offices.

Fairway Trust & Managing Director shortlisted in Magic Circle awards

The financial sector awards are held each year to find the best advisors and managers in the private wealth industry and the double nomination reinforces both the trust company and Louise’s reputation as strong leaders in this sector.

Big banks lend support to Dubai’s diamond trade ambitions

Three leading UAE banks are backing Dubai’s ambition to become a global diamond trading centre.

Goldman's Pac Life purchase to boost assets by $US18b

Goldman Sachs Asset Management announced today it has entered into an agreement with Pacific Life Insurance Company to acquire Pacific Global Advisors

For Swiss Bank Pictet, Thematic Investing Pays Off

The Swiss private bank offers investors a broad range of theme-based investment strategies that no one will deem closet indexing.

Meet DBS, Singapore’s Home-Grown Private Bank

Tan Su Shan is reshaping Southeast Asia’s biggest bank into a wealth manager for Asia’s Switzerland.

Co-Investment For Family Office and High Net Worth Investors - Stonehage

Data now shows that over the long-term, a good private equity portfolio outperforms public equities, and for most wealthy families there is no substitute for a well selected group of private equity funds as an entry point to this asset class.

HSBC Launches Immediate Review Of UK Base

The bank confirms a Sky News report that it is looking into whether to move its main base out of the country

Signia Wealth calls time on Birmingham office

Signia Wealth has closed its Birmingham branch, following the exit of former office head Martin King

Financialisation Of The Art World Bad News For Many Artists

"This presents a tremendous opportunity for art financiers and wealth managers to provide a diverse range of art and wealth management services and thrive on the backs of some of the world's most affluent art collectors," she continued.

US wealth management firm gives itself two year window to decide to go public

The wealth management firm does not disclose its value or specific financial numbers

RBC’s Bahamas Unit to Face French Tribunal in Tax-Fraud Case

Canadian bank says judge referred division on charge of complicity in tax fraud

US Banks Post Record Wealth Management Revenue in 2014

Bank holding companies generated $143.2 billion in wealth management income, up 6.5% from $134.6 billion in 2013. It was the most revenue they've ever produced since the data started to be tracked in 2007.

Brazilian Banks Expand in Miami to Keep Up With Wealthy Clients

Wealthy Brazilians looking to escape recession, corruption scandals and political upheaval have long made Miami their destination of choice.

New SSga CEO Ron O’Hanley Says Asset Allocation Is the New Active

Ronald O’Hanley aims to boost State Street Global Advisors’ allocation capabilities and raise the profile of the firm’s active

Merrill chief says it’s time to work for clients

Under a fiduciary rule, all that goes away.

Berenberg invests in growth but profits down 39% year on year

Despite the decline in profits the bank said the first quarter of 2015 was the bank’s “best quarter ever”

Speakers added to line up for Guernsey Funds Forum 2015

The annual event is this year titled 'Achieving stability in a world of change' and takes place on Thursday 14 May in London. It is once again expected to attract more than 350 delegates.

Royal Bank of Canada Expands Paris Investment Bank Business

Royal Bank of Canada is expanding corporate and investment banking operations in Paris

For HSBC globally, God is in London and so are his 19 chief archangels

Mr Gulliver says the bank cannot go back to those days because it would lose the custom of big companies and become much smaller

Wealth and Asset Management