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Wealth and Asset Management

03/27/2017

ICBC International Signs Framework Agreement with China Renaissance for Long-Term Strategic Cooperation

This framework agreement with CR Group elevates our relationship to a strategic level as we will enhance our cooperation in the areas of corporate finance, capital markets and wealth management.

03/27/2017

Old Mutual break-up on track after US asset arm sale

The company had revealed that it would separate its businesses Old Mutual Wealth, Old Mutual Emerging Markets, Nedbank and OM Asset Management (Omam) into four distinct entities.

03/27/2017

European Wealth takes out 12-month loan facility

The loan will be used to provide adequate working capital for the company in the near term and will ensure that the company can meet its obligations as they fall due.

03/27/2017

Year-on-year growth for Guernsey funds sector

“It is encouraging to see strong annual growth in Guernsey’s funds sector,” said Guernsey Finance Chief Executive Dominic Wheatley.

03/27/2017

One Part of Funds Market Where Money Still Chases Human Managers

That versatility comes with a fee more than double that on exchange-traded funds.

03/27/2017

Accor and Rothschild eye company behind Le Mans and French Open

Should a deal be approved by France’s competition authority, Edmond de Rothschild would own a 51 per cent stake with Accor taking 40 per cent.

03/27/2017

Jupiter’s Merlin team drops Odey

The Merlin team had around £200m in the portfolio as of the final quarter of last year.

03/27/2017

Chopping up Old Mutual gives ex-banker a new challenge

A year after joining to oversee Old Mutual's four-way split, Rob Leith is calling on his dealmaking, financial and people skills to get the job done

03/26/2017

Merrill Lynch and Morgan Stanley: A tale of two fiduciary 401(k) business models

Each firm uses an approach that mitigates risk, but some observers say they're more for show than potential problem solving

03/26/2017

UBS Hires $1.2 Million Merrill Producer in Rochester

The team has an active 401(k) rollover business with baby boomers that they feared would also be affected by Merrill’s tightening fiduciary-rule restrictions on retirement accounts.

03/24/2017

Canaccord Genuity Wealth Management Acquires UK-Based Investment Dealing and Custody Business

The transaction serves to support Canaccord Genuity Wealth Management's growth strategy and its new clients will benefit from access to award-winning expertise, supported by a sophisticated operational and technology platform.

03/24/2017

Private bank urges clients to invest in passive funds

Horseracing’s money manager criticises active funds’ high fees and underperformance

03/24/2017

Credit Suisse Increases Bonus Pool 6%, CEO Thiam Gets $12 Million

Swiss bank handed out $3.1 billion in bonuses for 2016

03/24/2017

Capital Markets Undergo ‘Generational’ Change

The financial industry is going through a generational change in market structure

03/24/2017

Why AI is the ‘biggest opportunity ever’ for asset managers

AI offers the biggest employment opportunity asset management has ever seen

03/24/2017

‘Wearable Sculptures’ Become Collectibles on Their Own

“Artist jewelry is eking out, leaving the art world and becoming more acceptable”

03/24/2017

Hedge fund firm Brevan Howard granted injunction to block Reuters story

Under Britain's legal system, individuals and companies can file for privacy or confidentiality injunctions

03/24/2017

Natixis Global Asset Management Fund Managers wins Fund Awards in the U.S.

Gateway and Loomis Sayles funds earn top positions in a broad range of categories

03/24/2017

HNW Lending launches Isa for loans against property and classic cars

HNW Lending has launched a new Innovative Finance Isa that is different to many of its peers. But what does it offer and what are the risks?

03/23/2017

Japan's affluent once again drawing global wealth managers

Negative interest rate policy provides opening

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