12/19/2016
Brewin Dolphin to buy asset management business for £28m
Brewin said it expected the addition to enhance earnings after the first year, while, on a pro forma basis, its funds under management is anticipated to increase to £36.1bn.
Wealth and Asset Management
12/19/2016
WH Ireland cautiously optimistic about year ahead
The majority of the exceptional costs associated with this change will be taken in 2016, and as such will be fully disclosed within the annual results.
12/19/2016
Thomas Piske: «The Job Profile for Private Bankers is in a State of Flux»
Private banking has been undergoing an adjustment process for a number of years now
12/19/2016
World-first listing on CISE for global bitcoin fund
GABI was launched in 2014 as the world’s first regulated bitcoin fund when it received certification as an Expert Fund from the Jersey Financial Services Commission.
12/19/2016
The EM story is not finished yet: Ken Peng, Citi Private Bank
This year emerging markets have underperformed. Developed markets continue to outperform. Are you telling your clients that they should remain underweight on EMs?
12/19/2016
Arbuthnot Latham snaps up Duncan Lawrie loan book
The loan portfolio is mainly secured against residential property and has a total balance of approximately £44.9 million with 83 customer accounts.
12/19/2016
Arab Bank Switzerland ditches FIS/Sungard core system for Avaloq BPO
By partnering with Avaloq, the bank will benefit from the Avaloq Banking Suite, a state-of-the-art solution that includes a fully integrated component for upcoming legal and regulatory requirements.
12/19/2016
Robo-advisers not plagued by profitability challenge
Robo-advisers will be snapped up on the cheap by the big traditional player
12/18/2016
A bionic boost for a new private banking landscape
At the UHNW level, it’s bionic advisers, not robo-advisers, that could have a greater impact
12/16/2016
Wealth management biz to grow 17-18 per cent: Sanctum Wealth
Sanctum Wealth was founded by a close group of investors by taking over the private banking business of RBS India in 2015, making it the first management buyout deal in India, he said.
12/16/2016
Wealth managers favour short-term debt products now
These days, they are recommending investors to hold two thirds of their portfolio in short-term products and the balance one-third portfolio in dynamic bond funds.
12/16/2016
Former Coutts & Co Trustees relaunches under Highvern brand
Coutts & Co Trustees has relaunched itself under a new boutique private client brand following the management buy out
12/16/2016
Wealth Enhancement Group Continues Chicagoland Growth
Purchase of Northbrook-Based Wealth Management Firm with approximately $200 Million in Client Assets is Third Acquisition Announced This Year
12/16/2016
Inverness Shortlisted In Three Categories For The Family Wealth Report 2017 Awards
This annual industry award competition highlights the achievements of single- and multi-family offices
12/16/2016
BMO Financial Group to step up investments in China
In the short term people would continue to see worrying pressures based on existing trends in the economy.
12/15/2016
Sense of control and good returns driving satisfaction with SMSFs
A range of views exist on what is required for a comfortable retirement.
12/15/2016
Wealth management biz to grow 17-18 per cent: Sanctum Wealth
The long term growth story of India is intact despite demonetisation
12/15/2016
BDP Global Take Aim at China’s Burgeoning Wealth Management Market
Private fund raising companies” in China, are essentially asset managers supervising the funds raised from the general public
12/15/2016
UBS Shuffles Southeast Asia Structure in Efficiency Bid
Swiss private banking giant is restructuring in a bid to become more efficient
12/15/2016
Van Lanschot and Achmea complete takeover of Staalbankiers' private banking activities
The acquisition adds around €1.7 billion to Van Lanschot's assets under management