Managers of Wealth

My sadness at Duncan Lawrie winding down

The forthcoming closure means 39 full time members of staff in both the bank and the fiduciary services company are losing their jobs.

DBS seeks to tap US$289 billion opportunity in Indonesian wealth

DBS is joining rivals including Oversea-Chinese Banking Corp (OCBC) in vying for a slice of an Indonesian wealth-management market made more alluring after the nine-month tax amnesty spurred individuals to reveal some US$365 billion (S$511.43 billion) of

HSBC: Clients look to ‘flip’ business to Europe before Brexit deal

Contingency plans have already been drawn up by some global banks

DBS Private Bank deputy head: “I don’t want short-term superstars”

The banking requirements of wealthy people in Asia are changing, however, which is affecting the skills that RMs need to succeed at DBS.

Nikko Asset Management recognised as Japan's Fund House of the Year

AsianInvestor also recognised Nikko AM's success in growing assets under management by nearly 8 percent to JPY 19.93 trillion (USD 170.9 billion) by December 2016

Wealth managers come together to tackle the key issues affecting the industry

London to remain a competitive global wealth management hub

Vontobel open to private banking buys worth up to $500 mln -CEO

Zurich-based Vontobel, in which the founding Vontobel family still holds a controlling stake, is dwarfed by Swiss banks UBS and Credit Suisse, but any acquisition would help it to catch up to mid-sized rivals like LGT Bank and J. Safra Sarasin.

Citi earnings beat, profit jumps 17%

Net Income of $4.1 Billion

Pub Club: Jamie Fletcher, Sarasin & Partners

‘It can be a difficult conversation, because we are in a context of value underperforming for about the last seven years, and it can be scary when something works so well!’

BNY Mellon Wealth Management CFO Named One of 25 Influential Black Women in Business for 2017

"We're delighted that The Network Journal has recognized Renee for the dedicated and exceptional professional that she is. She is truly deserving of this honor," Heberle said.

JP Morgan earnings smash it again as investment banking takes off

JPMorgan reported earnings per share of $1.65 on revenue of $25.586 billion.

Polar Capital reports increase in AUM

The boutique fund manager has bounced back after sluggish growth in the aftermath of the Brexit referendum with the former Miton-duo Georgina Hamilton and George Godber setting up a UK Value long only UCITS fund earlier this year.

Lombard International sees record new business premiums and AUM

The year also saw other initiatives such as the expansion of Lombard International’s global footprint.

AUM growth at Singapore’s private banks pipped rivals in 2016

UOB Private Bank, also Singapore based, lifted its AUM to $32bn, an increase of 23 per cent, after launching wealth services just two years ago. Singapore’s DBS is still Asia’s largest homegrown private bank with $81bn, growing 8.3 per cent la

Lombard International: 2016 Financial Results

This was a year in which the business focused on expanding its global footprint and continued to invest in new initiatives

Lombard Int’l hits high with €4.5bn in new business sales

Global high net worth life provider Lombard International saw its new business premiums rise to a record €4.5bn (£3.85bn, $4.78bn) over the last year, on the back of cited geographical expansion and strategic acquisitions.

JPMorgan Delays Shifting Some Wealth Clients as U.S. Mulls Rules

But in a follow-up letter to clients this week, the New York-based bank said it’s holding off on the changes.

PraxisIFM Group lists on The International Stock Exchange

The Guernsey-registered business, with assets under administration in excess of $40bn and revenues of more than £30m, has around 300 staff across 10 jurisdictions

New Wealth Management Firm GENCapital Opens in Atlanta

Our flexibility at GENCapital allows us to capitalize on our experience and better serve our clients.

Schroders sees long-term returns from Singapore Reits

They have lost favour amid concerns over rising US interest rates.

Wealth and Asset Management