03/28/2017
UBS launches new funds initiative in China push
Both of them have received local regulatory approval.
Wealth and Asset Management
03/28/2017
Baillie Gifford shifts Monks trust to tiered fee structure
Baillie Gifford has a history of passing on the benefits of scale
03/28/2017
Defined benefit transfer surge expected to increase
Many advisers had continued to avoid the DB transfer market
03/28/2017
High Net Worth Marketing, a tailored approach
Automation would bring benefits
03/28/2017
Salamanca Group announces Trust & Fiduciary management buyout
The business has grown to administer and oversee US$10 billion of financial and non-financial assets, on behalf of wealthy families around the world.
03/28/2017
Schroders reports a 31% mean gender pay gap
The gender pay gap has been attributed to the under-representation of women within senior levels of the business.
03/28/2017
Singapore ranks 2nd after Australia in ratio of private jets to billionaires
Singapore has 30 charter jets based for 28 billionaires
03/27/2017
Bank Muscat private wins 3 prestigious global awards
Consistently winning prestigious awards helps Bank Muscat Private Banking to set benchmarks in performance.
03/27/2017
Financial sector gloom lifts despite oncoming regulation
Asset and wealth managers continued to invest in technology in preparation for a wave of new requirements
03/27/2017
Citibank expands WM service in Korea
Citibank’s WM team tries to maintain objectivity in product selection and management as it does not have affiliated asset management companies.
03/27/2017
Alliance Trust lags benchmark in 2016
Over the year our decisions to increase our weightings in industrials and remain overweight in technology benefited performance.
03/27/2017
10 Westchester Towns Land in Bloomberg's Richest Places
Westchester is an extremely wealthy area
03/27/2017
Citigroup plans to double South Korea wealth assets by 2020
The bank mark its 50th anniversary in the country this year.
03/27/2017
HNA Group Has Ambitions for an Asset Management Empire
HNA Capital is paying US$ 446 million for the stake in the asset management unit.
03/27/2017
Citi Drills Into Korean Wealth
The U.S. bank also announced a target to reach 80 percent of new credit card customer acquisitions via digital.
03/27/2017
ICBC International Signs Framework Agreement with China Renaissance for Long-Term Strategic Cooperation
This framework agreement with CR Group elevates our relationship to a strategic level as we will enhance our cooperation in the areas of corporate finance, capital markets and wealth management.
03/27/2017
Old Mutual break-up on track after US asset arm sale
The company had revealed that it would separate its businesses Old Mutual Wealth, Old Mutual Emerging Markets, Nedbank and OM Asset Management (Omam) into four distinct entities.
03/27/2017
European Wealth takes out 12-month loan facility
The loan will be used to provide adequate working capital for the company in the near term and will ensure that the company can meet its obligations as they fall due.
03/27/2017
Year-on-year growth for Guernsey funds sector
“It is encouraging to see strong annual growth in Guernsey’s funds sector,” said Guernsey Finance Chief Executive Dominic Wheatley.
03/27/2017
One Part of Funds Market Where Money Still Chases Human Managers
That versatility comes with a fee more than double that on exchange-traded funds.