Managers of Wealth

Schroders proposes charity fund merger

A vote on the matter will be called at an extraordinary general meeting of unitholders on the 14th of January.

Canadian banks see clearing skies after Caribbean storms

There are opportunities for growth in that market for sure

Swiss private bank continues Asian expansion

The rapid growth of Asia’s super rich has made the region a prime target for the industry since the global financial crisis but many banks have struggled to produce profits in the face of rising regulatory costs, particularly around money laundering

Coutts & Co fined in Singapore for conducting business via unregulated representative

Coutts & Co’s Singapore operation has been subject to a $30,000 administrative penalty for contravening rules set forth by the Securities and Investments Act relating to unregulated representatives

A Shake-Up as the Financial World Infiltrates Philanthropy

Donor-advised funds run by huge money-management firms are exploding.

Guernsey Private Wealth Focus December 2014

Here is a highlights review of recent Guernsey private wealth news and details of our upcoming events.

Israeli Swiss bank tax evasion investigation widens

Right, but that still doesn't make them criminals

Tax Battle in Germany Shakes Family Dynasties

In a case referred by the country’s highest tax-affairs court, Germany’s Constitutional Court will rule this month on whether the tax exemption is in line with the constitution.

Telepresence And The Family Office

It’s clear, for example, that many are actively evaluating the opportunities and benefits that will be possible with advances in cognitive computing.

Under pressure Swiss banks eye Chinese wealth

Switzerland's banking sector, facing the end of the secrecy that was once the bedrock of its business, is turning to China as it seeks new markets for the future.

UBS wants 'super-teams' to draw more assets from the very wealthy

To compete with private banks and legions of other firms jockeying for money from the super-wealthy, brokerage firms tell advisers to work more intensely with the rich

Finance heavyweights set up HNW business

Former MLC chief executive and former JBWere chief executive have launched a new private wealth management firm, Koda Capital.

Zurich-based wealth manager to Run Asset Management Arm as Separate Entity

A Zurich-based bank and wealth manager, plans to operate its asset-management arm as an independent legal entity.

Advisors Focus On Older Millionaires, Female Clients, Report Says

The report, Innovation in Wealth Management Practice, states that firms looking to stay competitive in the post-recession are providing more customized services.

Citi Private Bank's Spain property club eyes €400m investments

Citi Private Bank in Spain, which manages mainly high net worth wealth, is launching an investment club together with local partner Mazabi to help clients into property assets that could be worth as much as €400m in total.

Bitcoin Trust Wins 48,000 Silk Road Bitcoins Auctioned by US Marshals

Bitcoin Investment Trust, an investment fund focused on the digital currency for high net-worth individuals, has won the bidding for 48,000 Bitcoins auctioned last Thursday, Brendan O'Connor, managing director of the SecondMarket exchange, said on Tu

Mercantile Bank launches SA’s first private bank for entrepreneurs

“We believe that entrepreneurs are critical contributors to the economic growth of South Africa. This is why we’ve created something that is relevant for this sector, and the best part?

Morgan Stanley Launches The Institute of Family Wealth Management

The IFWM is the first-of-its-kind interactive e-learning program that will give Financial Advisors the resources, process and knowledge to transform individual relationships into family relationships.

Many Financial Advisors Waste Their Money On Coaching

Many financial advisors have embraced coaching for a number of reasons such as having a better work/life balance.

Welcome to the new age of philanthropy - philanthropreneurship

Philanthropreneurs such as Pierre Omidyar and Steve Case solve social and environmental problems by bringing money and expertise together

Wealth and Asset Management