Managers of Wealth

ETP providers launch ETF forum in the UK

A group of exchange traded product providers has banded together to launch the ETF Forum, an initiative designed to improve advisers’ understanding of exchange-traded funds.

Swiss private bank to distribute SEB’s Luxembourg fund range

Among the 150 funds managed by SEB, those included in the agreement with UBP comprise Green Bonds, Danish mortgage bonds and sustainability funds, all of which complement UBP's fund offering.

Nordea to launch crowdfunding service in Finland

Because the service is equity-based, investors can subscribe for a company’s shares in a share issue.

Carl H. Tiedemann, Founder of Tiedemann Wealth Management, Dies at 89

Mr. Tiedemann quickly rose through the ranks to become President in 1975. During his tenure, he was instrumental in taking DLJ public as the first Wall Street research brokerage firm to do so.

Credit Suisse gets welcome boost from private bank despite Q1 loss

There’s obviously been a lot of fear surrounding Credit Suisse,” said Macquarie Research analyst Piers Brown, who has an “outperform” rating on the stock.

Hull firm JR Rix & Sons hosts launch of UK 'Family Business Road Trip'

Tim Rix, managing director of JR Rix & Sons, provided insight into the family business at the launch in Hull.

RBC Wealth Management to consolidate platforms in Asia

RBC Wealth Management is looking to consolidate its platforms in Hong Kong and Singapore into a single platform

OCBC Bank, CEO Samuel Tsien win at Asian Banker Leadership Achievement Awards

The Asian Banker provides business intelligence to financial firms.

Credit Suisse Names New Asset Management Chief

Credit Suisse has announced a new leader for its global asset management business.

UK's Plus500 Appoints Berenberg Bank as Joint Broker

UK-based Plus500 offers trading in forex, options, contracts for difference (CFDs), commodities, indices, and exchange-traded funds (ETFs) in more than 50 countries.

Credit Agricole says wealth arm no longer managing offshore structures

The Le Monde report suggested Credit Agricole had 54 active offshore companies in Panama, set up via Mossack Fonseca, as of end-2015.

Dark money: London’s dirty secret

An insider at a Swiss bank warned Britain’s financial watchdogs that bankers in its UK office were offering services that could facilitate tax evasion and money laundering.

Bankers aim to double assets they manage

Lo hopes to see the number of practitioners rise to 6,000 over the next five years.

Meet the next generation of wealth

They view money differently and they also have a different approach when it comes to investing their money.

Database of Offshore Companies Goes Live

Find out who’s behind almost 320,000 offshore companies and trusts from the Panama Papers and the Offshore Leaks investigations

European Wealth looking to grow client-base through acquisitions

Morton adds that while the company has retained its client base well over the last few months, it is looking to grow through the integration of previous acquisitions

80% of private bankers to be certied by end of 2016: Private Wealth Management Association chairwoman Amy Lo

She aims to have 80% of applicants certied by the end of 2016, and hopes to see more private bankers flood the industry.

UBS WM Australia spino% to slash advisor commissions by as much as 10%

The spino%, which has delayed its launch date to the second half of 2016 from its original plan of April

Private banks “should not be centrepiece” for Asia’s wealthy

Asian families are realising the value of having an independent organisation looking after their wealth, said the CIO of a Singapore singlefamily office at an AsianInvestor forum.

Oxfam’s 355 economists are completely wrong: Tax havens do serve a useful purpose

Yesterday, 355 economists signed a letter co-ordinated by Oxfam arguing that tax havens have “no useful purpose”.

Wealth and Asset Management