Managers of Wealth

Brighter EM means outflows slow again for Ashmore

The outflows are persisting, the emerging-markets investment house said today.

Ascot Lloyd caters for UHNW demand with new Private Office

We have the advantage over private banks in that we act as an independent financial concierge.

Credit Suisse Said to Lift Salary, Chop Allowance for Some Staff

European regulators drew a clear line between salaries and variable pay in final rules released in December

Wealth Managers Tend to Lack Access to Quality Alternative Investments

Moreover, nearly three-quarters of them said that alternative investments should make up more than five percent of an overall portfolio allocation.

Investors Will Shun Europe's 'Golden Visas' After Brexit

The U.K. has been the top destination in Europe for wealthy migrants, attracting more than 125,000 high net worth individuals since 2000

Foreign banks eyeing wealthy customers

The bank said the centers will expand their asset management channels accessible by customers.

UBS mulling a move to EU if passporting rights are lost

UBS, led by chief executive Sergio Ermotti, employs just over 5400 people in London split across its investment bank, wealth management and asset management.

JTC Client Bucks Brexit Trend with Major London Real Estate Transaction

JTC’s client, City Pride Limited, invests in prime London real estate and the specific project relates to the Landmark Pinnacle, which is arguably the tallest consented residential tower in Europe.

The role for boutiques in Asia's new wealth landscape

There is a need to not only manage their wealth

UBS Group: Why do Investors Hold Record Cash in their Portfolios?

Investors have been wary of investing in other financial instruments such as stocks, bonds and others.

UBS Said to Impose Partial Hiring Freeze in Wealth Management

The lender has since eliminated jobs at the investment bank and announced plans to consolidate back office functions in wealth management.

Credit Suisse scales back private banking in Russia

The service was used only by a few Russian clients, according to a source close to the bank as cited by Forbes. Credit Suisse has received no complaints about the change.

Mersey wealth firms to manage £350m of funds after merger

Gee and Watson has acquired McEwan Wallace Wealth Management to create Wirral’s largest firm of independent financial advisers

Advisers with $240M in combined AUM join Raymond James

The group will operate as part of Kruse Woods Financial Partners, an independent firm that offers securities through Raymond James' independent broker-dealer.

DBS Private Bank in London Move

He started his banking career in the private client division of Morgan Stanley, London.

China’s newly rich courted by international private banks

About 3.9 million mainland Chinese families will be classified as wealthy by 2020 Credit Suisse, survey says

Top 5 Cities Likely to Replace London as Europe's Financial Capital

Germany's Frankfurt has probably the best chance of becoming Europe's new financial capital, DW noted.

UBS France says former employee admits guilt in tax fraud probe

A source close to the investigation said the prosecutor had sought a plea-bargaining deal with the former employee.

Europe Turmoil Shows Why Deutsche Bank Must Chase Wealth Abroad

Shares of Deutsche Bank have erased almost half their value this year and touched a record low last week as investors lose faith that the company can lift returns.

JPMAM’s Emly returns after nine-month sick leave

These include JP Morgan Claverhouse and JP Morgan Income and Growth.

Wealth and Asset Management