12/28/2014
The CEO of one of the world’s largest and oldest private banks gives his insight into the evolving world of wealth management, potential acquisition targets, and his plans for the Middle East.
12/24/2014
Royal Skandia, the Isle of Man employer, has been rebranded to Old Mutual International.
12/24/2014
Barings lost three key members of its multi-asset team - Percival Stanion, Andrew Cole and Shaniel Ramjee - in August, who later went on to head up Pictet Asset Management’s push into the space.
12/23/2014
Unlike their counterparts in some other countries popular with British and northern European expats
12/23/2014
UBS paid $780 million to avoid prosecution
12/23/2014
European Wealth’s board have today made a payment to director Peter Mullins in shares and convertible loan stock worth as much as £1.65m, under the agreement for the acquisition of he former firm Bradley Stuart in October 2012.
12/23/2014
Legg Mason and its subsidiaries highlight five asset classes they expect to perform strongly next year.
12/23/2014
French bank Societe Generale said on Tuesday it was premature to begin reviewing profit targets for its Russian business after a newspaper report said they could be at risk.
12/23/2014
Eight wealth managers feature in a dozen departures from Charles Stanley to Walker Crips and Hargreave Hale.
12/22/2014
Wealthy Russians in London have been buying up expensive jewellery, art and diamonds for millions of pounds apiece as investments to protect themselves from the collapsing rouble.
12/22/2014
The transaction will not affect Aviva’s multi-manager property strategies in the region, which will continue to operate from its Singapore office.
12/22/2014
Advisers say wealthy families are spoiling their kids, dampening their ambition and putting the family wealth at risk.
12/22/2014
Corporates paying slight premium for local-currency debt to limit forex risks; treasurers increasing become strategists looking at operational risks associated with business growth
12/22/2014
Some ultra-rich hire consultants to secure homes, vet staff, protect information
12/22/2014
Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.
12/22/2014
The Arrangement constitutes a change of control of NexGen Financial Limited Partnership, the manager of the NexGen mutual funds, effective today.
12/22/2014
The move to negative rates highlights the SNB’s ongoing and potentially escalating concern about deflationary risks in the Swiss economy
12/21/2014
Russia's financial crisis has seen the Russian equity market's total capitalization plummet to $345.9 billion from $647.4 billion, as measured by the RTS index. That makes all the country's public companies together worth about as much as
12/21/2014
Swiss & Global Asset Management has changed the investment services provider for the majority of its funds domiciled in Switzerland and Luxembourg, which have $70 billion (€56 billion) of assets under management.
12/21/2014
UAE’s built assets (US$1 trillion) are almost 48 per cent of Netherlands (US$ 2.09 trillion) and 122 per cent higher than Singapore (US$ 0.82 trillion).