Managers of Wealth

Australia's NAB restructures HNW business

The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.

Tilney Bestinvest wins Best Advisory Service at the City of London Wealth Management Awards 2016

The awards winners are voted for by the general public with integrity and independence the focus of the awards.

Annual General Meeting of Julius Baer Group

At today’s Annual General Meeting of Julius Baer Group Ltd. the shareholders passed all agenda items and proposals submitted by the Board of Directors.

Deutsche Asset Management plans China and Asia expansion

Eilbeck said another major driving force for China markets would be the decision by MSCI in June on whether to include A-shares in its emerging market indices effective from 2017.

Julius Baer CEO tells AGM still looking at acquisitions

Chairman Daniel Sauter said the turbulent start to 2016 in global markets showed private banking is a cyclical business and will remain so.

Lifetime Achievement Award Presented to Chris Macdonald

Sophie Raworth (BBC News) presented Chris Macdonald with the Lifetime Achievement Award at The Guildhall yesterday evening.

Old Mutual pays new CEO $7 mln in 2015 as firm plans break-up

Former Standard Bank executive Hemphill, who joined Old Mutual in November but could be out of a job if the break-up goes ahead, received nearly half of his overall pay - 2.1 million pounds

Wealth managers reveal their big debating points for Q2

Greek debt crisis could re-emerge

Bank of Singapore Deal Staves Off Barclays Banker Exodus

By selling its Singapore and Hong Kong wealth management business to Bank of Singapore instead of a rival bidder, Barclays may have staved off a big exodus of private bankers to the likes of UBS and Credit Suisse.

Why The Wealth Industry Needs To Urgently Reinvent Itself

Wealth management institutions need to shift from a focus on volume and custody of third-party financial assets towards being true value providers

Jersey Finance statement in response to David Cameron announcement on 11 April 2016

“The agreement will mean very little change for Jersey since our regulations are already sufficiently robust. For more than 20 years we have had a central register of beneficial ownership from which we meet requests for information received from tax

Brooks Macdonald launches new Group Masterbrand as it celebrates 25th anniversary

Brooks Macdonald has launched a new corporate identity, which will bring together all of its subsidiary businesses under one Brooks Macdonald masterbrand. Brooks Macdonald’s Channel Islands based division, one of the largest investment managers in t

Standard Chartered wins 4 awards

In 2015, 94 percent of clients expressed that they were "satisfied with the service during their first call to the Standard Chartered call center."

Aberdeen’s Martin Gilbert on the ‘glimmer of hope’ for the manager

The £290.5bn asset manager saw £9.1bn of outflows in the last three months of 2015, although this was a drop from the £12.7bn outflows the previous quarter.

Do small wealth firms still have a place?

The £600m combination marks a new level of deal

Aberdeen Asset Management on the attack as BP pay row hots up

News that one of the loss-making oil giant’s top 10 investors was planning to vote against it is likely to embolden other shareholders to register their anger at Thursday’s AGM.

Gordon "Grant" Curtis Asia Conference Notes for the Affluent

World wealth has grown exponentially in the last decade to the point where so many have achieved centi-millionaire status or even billionaire status, that it is almost unfathomable.

It's not a crime to do business offshore

hang the rich, shut down offshore financial centres, and, if you’re an imperialist like Jeremy Corbyn, colonise them too.

Fortress Three Top Executives Split $44 Million Bonuses In 2015

The firm, which oversaw $70.5 billion in fee-paying investor capital at the end of last year, disbanded its flagship macro hedge fund after almost two years of losses and a spate of redemptions since 2007 shrank its assets by more than three-quarters to $

Hong Kong Emerges as Hub for Creating Offshore Companies

Hong Kong was Mossack Fonseca's go-to spot for financial intermediaries like P&P Secretarial Management

Wealth and Asset Management