Managers of Wealth

Ex-UBS Banker Quits Zurich Desk for Horse Racing Dream

After more than 20 years in the financial-services rat race, Swiss banker Michael Reichstein packed it in and turned to horse racing for a living.

Think you know the Next Gen investor? Think again - UBS Investor Watch

Millennials are as Financially Conservative as Generation Born During Great Depression

Ex-UBS Banker Quits Zurich Desk for Horse Racing Dream

After more than 20 years in the financial-services rat race, Swiss banker Michael Reichstein packed it in and turned to horse racing for a living.

Millionaire Investors: What Makes the Best Advisors?

Communication is important to Millionaire investors and separates the best advisors from the rest.

Trends in China’s Wealth Management Industry

Celent projects that China’s wealth management market will hit US$12 trillion in assets by 2014. After 10 years of rapid growth, the market now faces a turning point as disruptive entrants and a more open environment challenge the incumbents.

Union Bancaire Privée Increases Assets Under Management by 10%

"In the midst of the industry's mutations and consolidations, UBP can rely on its sound client-acquisition strategy, its high-performance range of products and efficient services, and its teams' unwavering efforts to meet all its clients&am

Scotiabank’s ING Direct Sees ‘Gigantic’ Wealth Opportunity

Bank of Nova Scotia's ING Direct unit sees growth potential in wealth management after it completes efforts to add deposits and customers and introduces a credit card

Barclays debates ending its £40m-a-year Premier League sponsorship deal

Barclays is reportedly debating the fate of its £40m-a-year sponsorship of the Premier League

Hargreaves Lansdown asks clients for cash

Hargreaves Lansdown customers will have to pay as much as £250 into their accounts to cover its new charges, or risk having their investments sold

London property market generated more wealth than New Zealand, report finds

Booming demand for flats and houses last year added £106 billion to the total worth of London’s increasingly precious property, now estimated to be worth a record £1.24 trillion, a study by estate agents Savills reveals.

British wealth advisor Anton Casey leaves Singapore for Perth after 'poor' remark

A SINGAPORE-BASED British wealth adviser who set off a firestorm by publicly insulting Singaporeans who have to rely on public transport has "parted ways" with his former employer, the firm says.

Fund arm of the German private bank targets UK with risk management range

The fund range will offer institutional investors access to markets they previously deemed too risky through a series of quant portfolio management techniques.

Simplify executive pay, says Aberdeen chief

Martin Gilbert believes chief executives and other senior directors should be given salaries, with performance bonuses only if appropriate, to align interests with investors

Scammers create English clone of German wealth manager

Scammers have cloned a German wealth management firm which aims to lure in UK investors using a fictitious office in London's City, the Financial Conduct Authority has warned.

Nicola Horlick tells the big banks: I’m coming after you

Companies shunned by high street lenders have somewhere new to turn, Nicola Horlick tells Patrick Hosking

Standard Chartered retains auditor

Standard Chartered has chosen to retain KPMG as its auditor following a tendering process which was expected to lead to a change.

BMO makes offer for F&C Asset Management

British fund firm F&C Asset Management said on Monday it had received an offer from Canadian bank BMO Financial Group in what would be an all-cash deal.

Societe Generale Private Banking Hambors looks to expand business

Societe Generale Private Banking Hambros the UK wealth management arm of Societe Generale Private Banking is implementing its commercial strategy to strengthen and expand its business in 2014, in particular through a new recruitment plan.

Boodle Hatfield takes new office in Grosvenor Street, Mayfair

The Firm, which is a leading provider of legal advice to global wealthy families, property clients and owner-managed businesses, will take occupation of its new Mayfair office at the same time as it moves to its previously announced new flagship office in

Senior business figures hit out at Labour's 50p tax rate plan

Heads of 24 of Britain’s most successful companies warn that Ed Miliband’s policy could threaten recovery and cost jobs

Wealth and Asset Management