Managers of Wealth

Deutsche Asset & Wealth Management agrees to sell part of Tilney business to Rathbones

The consideration would be received in cash and is subject to a minimum of 32 million pounds.

Aberdeen completes £550m Swip acquisition and targets cost-savings

The acquisition, which creates a combined group with £324.5 billion in assets under management,

Miton's AUM surge past £3bn, but profits dip

Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.

Wealth management firm completes £6.4m sale of Liverpool office

Wealth management firm has confirmed the sale of its Liverpool operation to Seneca Investment Managers.

Blue-chip wealth management company eyes law firm acquisitions

The firm claims to be “radically” different from other financial firms by offering financial, investment, tax, accounting and legal expertise under one roof

UBS says board member Frey will not stand for reelection

Zurich-based UBS left it open whether it would fill the board seat vacated by Frey

Nordea gains license to access China A-Share market

The Chinese government has granted Nordea Qualified Foreign Institutional Investor status, allowing it to trade directly in China's A-Share market through stock exchanges in Shenzen and Shanghai.

Sun Life targets wealthier investors with lower-fee funds

Insurer Sun Life Financial Inc.’s wealth and asset management group is launching a new business targeting Canadian savers with more than $100,000 to invest.

Habig makes Barron’s Top 1,200 list

Morgan Stanley announced that John F. Habig, executive director/financial advisor in the firm’s Wealth Management Office, Portsmouth, has been named to Barron’s list of America’s Top 1,200 Advisors for 2014.

'Shanghai's Hutchison Whampoa' acquires 19.2% of German Private Bank

The investment was done by injecting about €98.5 million ($135.7 million)

Canadian Wealth Managers Jockey to Recruit Advisers

Clients are looking for advisers whom they can trust

Swiss asset manager Pictet to expand London operations

Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months.

Ukrainian Wealth Floods London Housing Market

Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.

JPMorgan Tackles European Unemployment with $30m Jobs Scheme

Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.

CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds

Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.

Newcomers and Natives in the Land of Wealth

Understanding HNW clients may be easier once you know whether they’re natives or immigrants to wealth

AFH Financial pre-tax profits up 250%

Strong Revenue Performance. Profit Growth. Increased Dividend

Berenberg expands UK private banking team to serve ultra wealthy

German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers

IoD lunch to highlight future prospects for Jersey’s finance industry

Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.

Standard Chartered pays 118 bankers at least $1.4m

Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.

Wealth and Asset Management