06/20/2014
The old guy behind the curtain - Eric Lascelles, chief economist of RBC Global Asset Management
The Bank consistently forecasts that inflation will be on target within two years; after all, if it did not believe that, it should change policy. But inflation was above target for four years and is now below it.
06/20/2014
Facing price wars and robots, wealth managers push advice
This week at the Reuters Global Wealth Summit, "transparency" and "fees" were among the most popular words spoken by top wealth and asset management executives.
06/20/2014
Sanlam employee benefits clinches top industry award
Every product we develop or service we introduce is sense checked against the needs of the intermediary
06/20/2014
Super rich develop a passion for cars, wine and property
"All this type of luxury is part of the portfolio of a very rich person," said Manuela D'Onofrio, head of global investment strategy at the private banking arm of UniCredit
06/20/2014
Time for Barclays to rethink its wealth strategy
If he really can’t bring himself to sell UK wealth, Jenkins should, at the very least, sell the Americas, where his brokerage business looks distinctly sub-scale and the Barclays brand, more than a little careworn.
06/20/2014
Quilter Cheviot nominated for Charity Times award
The winners of the awards will be announced at an awards gala dinner and ceremony on October 22 at the Lancaster London Hotel.
06/19/2014
Zeltner added UBS was investing hundreds of millions of francs every year to improve its offering and was already planning a digital-only approach in China.
06/19/2014
In an interview with the Financieele Dagblad newspaper on Wednesday, ABN AMRO chairman Gerrit Zalm – himself a former Dutch finance minister — said the plan aimed to “retain talent”.
06/19/2014
Traditional banks are under huge pressure from the liberalization of interest rates
06/19/2014
Spain's Santander is looking to tap a $140 billion pool of assets held by newly-arrived U.S. immigrants as it grows its private bank
06/19/2014
HSBC opens a private banking office in Aberdeen
Alongside its London headquarters, HSBC Private Bank has offices in Birmingham, Cardiff, Leeds and Manchester.
06/19/2014
It said it is expecting "no liability" from the legal dispute
06/19/2014
The declining interest rate environment in the first half of 2014 is putting pressure on the valuation of interest rate hedging transactions.
06/19/2014
Liontrust Asset Management has reported that assets under management rose 19 per cent to reach £3.6bn in the year to March 31 2014.
06/19/2014
Accumulating family wealth
Malta also has gavelkind inheritance law as any person who has attempted to purchase a Maltese farmhouse will affirm.
06/19/2014
Luxembourg’s assets under management reached a record high of €2742bn in the first quarter of 2014.
06/19/2014
Syz & Co has launched a fund which aims to provide a absolute return through a credit strategy combining European corporate bonds and flexible hedging of market exposure.
06/18/2014
The world's richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into investing.
06/18/2014
Occasional press reports of monkeys beating investment managers have not been taken seriously but rigorous academic study is indicating that there may be truth behind the story.
06/18/2014
Georg Schubiger, head of private banking at Vontobel discusses staying competitive, disruptive technology and weathering market volatility at the Reuters Wealth Summit.