Managers of Wealth

EFG Hermes: Beyond the horizon

In terms of country exposure, Saudi Arabia represents the single largest percentage, with the UAE also quite large.

UBS cuts "handful" of private bankers in Singapore, HK

Other private banks such as JPMorgan Chase & Co have also cut private bankers in Asia this year.

French asset manager buys Dublin’s Kleinwort Benson for €108 million

That’s very much our objective and the objective of the shareholders as well,” said Hawkshaw.

Law firm ordered to close down wealth management services

The firestorm that has flared over the Panama Papers disclosures threatens to consume the credibility of country's lucrative offshore financial centre

Bonham Carter backs launch of online discretionary manager Netwealth

Just over £6.5m raised for new venture

Aberdeen AM's Gilbert fends off significant buyer interest to keep independence

A spokesman for Aberdeen added the company has never had a formal approach.

Australian Bank ANZ Reviewing Options for Wealth-Management Business

ANZ might seek to sell part or all of the unit, which develops life-insurance, pension products

Online wealth management service launched

Two former senior banking executives launched a new online wealth management service targeting high network individuals, branded as Netwealth

Compliance and competition drive margins down for APAC fund managers

It is also worth noting that investors are expecting to spend up to 42% of their strategic budgets on compliance, instead of on driving revenue growth.

Why Credit Suisse Group AG Cherishes Asia?

Credit Suisse has operated its securities brokerage in Thailand for more than 16 years.

J. Safra Sarasin Bank Shuts Stock Research Arm

The bank didn't want to say why it shut the research.

Winners Of WealthBriefing European Awards 2016

Among the award-winners and highly commended people by the judges was David Lough, who took this year’s Lifetime Achievement Award.

BNP Paribas to hire at least 20 private bankers in Taiwan drive

Over the long-term, the onshore wealth arm is expected to triple the size of its business across headline parameters.

Senior Taiwan private banker exits UBS

PH Chng, a country team head for Taiwan International is believed to have exited the bank, along with an unspecified number of team members.

UBS Wants to Sic a New Robo on the Ultra-Rich

UBS is on track to roll out a new robo-advice platform geared to its “ultrawealthy” clientele next year,

Private banking sector set to evolve with fintech

“Fintech applications will make a big difference.”

What does the future hold for wealth managers in Asia?

Margin erosion is partly due to fee decline and partly a result of rising costs, primarily compliance related spending.

$1.2 billon adviser team leaves Morgan Stanley for Bank of America Merrill Lynch

The group is led by Andrew Zimmerman, who's making a return to Merrill

Island of 60,000 emerges as US$265 billion US Treasuries haven

The stockpile makes the British territory, an offshore tax haven with about 60,000 residents

HNW investors expect European equities to overtake the US

This is in contrast to 2015 where over half of investors believed equities would perform the best.

Wealth and Asset Management