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
Wealth and Asset Management
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
03/23/2017
Rothschild's Gardiner Sees Bumpy Ride Ahead for Markets
He speaks on Bloomberg Markets.
03/23/2017
Wealth Migrate enters SA property market
Now these same benefits and opportunities are finally available to South African’s in their own market.
03/23/2017
Old Mutual brings 22seven in-house, founders leave
Looking at the year ahead, Old Mutual will focus on making the existing service the best it can be
03/23/2017
Arbuthnot Latham profits climb 51% as lending booms
This has been a momentous and highly profitable year for Arbuthnot Banking Group
03/23/2017
Saunderson House parent takes hit on discretionary launch
Within the wealth management market, discretionary investment propositions have continued to attract assets at a faster rate than advisory investment propositions
03/23/2017
Raymond James Financial Reports February 2017 Operating Data
The decline compared to the preceding month was largely due to lower fixed income commissions.
03/23/2017
Mirabaud eyes expansion as income rises
The Group enjoys a stable Tier 1 ratio of 20%, well above the level required under Basel III.