Managers of Wealth

Rowan Dartington aiming to double assets over two years -

Rowan Dartington is aiming to near double its assets under management over the next two years, according to executive chairman Graham Coxell.

Edgar de Picciotto, Hedge-Fund Pioneer, Dies at Age of 86

A native of Lebanon, he founded Compagnie de Banque et d’Investissements in Geneva in 1969, one of the first companies to recognize the potential of hedge funds for investors looking for ways to make money in both rising and falling markets.

The Path to Becoming a Millionaire Apparently Starts as Early as Age 25

Using a handful of hypothetical situations, J.P. Morgan makes note of the crucial difference between those who become millionaires before the final quarter of their life and those who merely suffer endlessly with just hundreds of thousands of dollars to k

SocGen to tie up two of oldest names in British banking

SocGen has agreed the deal with its French rival Oddo, which acquired the business as part of its €760m takeover of BHF Kleinwort Benson earlier this year.

Old Mutual Wealth acquires Singapore advisory business

Been working with AAM since 2009

Spiralling Old Mutual platform costs ‘last straw’ for global expansion plans

The firm’s latest results, published on Friday, revealed UK platform adjusted operating profits rose 74 per cent year-on-year, from £19m in 2014 to £33m this year.

Standard Life aquires IFA

Spiralling costs prompt sale

Wealth and the Elusive 'C' Word

In February of this year, FINRA (the Financial Industry Regulatory Authority) sent a letter to a number of broker-dealers.

Credit Suisse Says It Plans to Cut 163 Workers in New York State

The company said last month that it accelerated plans to cut 4,000 jobs.

Private bank giant buys majority stake in wealth manager

The remaining stake will continue to be held by the firm’s executive partners.

How London’s booming ‘butler class’ takes care of the wealthy elite

The capital is home to 1,000 ‘family offices’, made up of lawyers and financiers who service every need of the super-rich

Old Mutual to cut share in Nedbank to minority

Johnson said the exact mechanism to achieve any reduction in Old Mutual’s shareholding in Nedbank Group was yet to be finally determined.

UK’s Campden Wealth joins hands with Patnis to enter India

Campden Family Connect, a JV between Patni’s family office RAAY Global Investments and Campden Wealth will have Indian members with assets worth $30 million and above

RBS cuts face-to-face service and brings in ‘robo-advisers’

The move soon comes after RBS, which is 73 per cent owned by government, posted its eighth successive net annual loss, dealing a blow to government plans to sell off the bank.

NAB Private drops wealth advice to focus on banking

This comes two months after NAB snapped up the remaining 20 per cent stake in wealth group JBWere, in a deal understood to cost about $20 million.

Jersey Finance announces 2016 GCC Roadshow

The lunchtime events will offer key insights into a number of recent trends, such as the increase in GCC investors investing in UK real estate

Nicola Wealth Management Among Canada's 50 Best Managed Companies in 2015

NWM is honoured to earn a spot on this esteemed list of Canada's Best Managed Companies.

Independent firms can grab more AUM, but growth hurdles remain

Independent asset managers and multi-family offices (MFOs) stand to benefit from a mix of dynamics playing out at the moment

Old Mutual to split into four businesses

The process should be completed by the end of 2018, the group said on Friday, as it sketched out the details of a keenly-anticipated strategic review.

Old Mutual confirms separation of wealth arm

Old Mutual Wealth increased funds under management by 27% to £104.4 billion, according to its full year results to the end of 2015.

Wealth and Asset Management