Managers of Wealth

New Schroders boss Peter Harrison seeks fixed income M&A targets

He highlighted asset-backed securities — bond-like instruments that pay investors income based on underlying assets such as mortgages or credit card debt

How Are the Super Rich Navigating Volatile Markets?

Simon Smiles, chief investment officer at UBS Wealth Management, discusses where his high net worth clients are putting their money and what's really weighing on investor's minds.

HSBC Singapore Transfers retail banking, Wealth management To Locally Incorporated Unit

The Singapore branch of the Hongkong and Shanghai Banking Corporation has completed the transfer of its retail banking and wealth managementb business to a locally incorporated subsidiary, HSBC Bank Limited.

Credit Suisse adds 30-plus private bankers in Asia including two market group heads

Credit Suisse has added more than 30 private bankers including market group heads to Asia, Asian Private Banker can reveal.

International wealth group expands to Australia

The founding partners, Nick Maikousis and Jon White, with a combined 54 years of experience, held senior management roles within the financial planning and insurance advisory sectors before establishing MW Lomax.

Schroders on acquisition hunt for fixed income manager

He said Schroders had “the vast majority [of asset classes] covered” but highlighted fixed income as an area of opportunity.

For the Gulf’s ultra-wealthy, time to change course

This must include their plans to shift wealth from one generation to the next

Netwealth to grow IFA base, eyes app-savvy investors

This year, the group surpassed the $8 billion mark and aim to win more IFAs through its tech-focused business model.

Golf has become a dirty word in the UK asset management market

Crackdown on golf alarms fund industry

It is becoming increasingly difficult for Britain’s wealthy to break in to the 10-digit / billionaire club

The slowdown in uber-UHNW growth begs several questions of wealth managers

Aberdeen Asset Management celebrates 25 years in the City

AAM had less than £1billion of assets under management and a market cap of £38million around the time of its stock market listing in 1991.

Butterfield completes HSBC units migration

Butterfield Bank has completed its acquisition and migraton of HSBC Bermuda trust and investment business

ING strengthens Latin American presence with dedicated hire in Colombia

ING's ability to recognize Colombia as an attractive market in the medium to long term puts it ahead of the curve in growing its Latin American business," said Andrea Puerto, Country Manager, ING.

Wealth firm launches structured product MPS

The new service provides advisers with access to three portfolios, made up of structured products.

Ultra-Wealthy Tiger 21 Investors Push PE Allocations to All-Time High

Quarterly cash allocations hold steady at 10%, and fixed income rises slightly to 11%

Nedbank Private Wealth - Video

Honour? Humility? Putting your clients’ interests above others? These aren’t qualities that have been associated with the banking sector in recent times, but they’re at the very heart of the business of Nedbank Private Wealth

Private banks squeaky clean reputation coming under scrutiny

But its pristine reputation has come under wider public scrutiny after finding itself explicitly named several times in the Panama Papers.

Axa confirms Wealth selloff plans

These transactions would allow Axa to rebalance the focus of its UK activities towards property and casualty, health and asset management.

Why is the boss of a £600m Plymouth firm ready to walk away from it all?

By then Succession Group, which is based at Plymouth Science Park and manages £11bn worth of people's wealth, will aim to have a £100m annual turnover with £30m profit.

Silvercrest Asset Management Maintains Focus on High Net Worth Customers

Silvercrest is the nation's only independent wealth management company that is publicly traded, having listed its shares in June 2013.

Wealth and Asset Management