Managers of Wealth

Pricing and regulatory pressures mount on wealth managers

One-third of industry profitability could be at risk over the next five years

Switzerland Pushes for Coalition of London, HK and Singapore

He has also said that he will stay committed to and support this plan after he has given up his presidency of the SBA.

Vistra Completes Rebrand of Orangefield Offices

Over the course of this year, all Orangefield offices have been rebranded, resulting in some of the larger offices moving to new premises.

Asset management chiefs receive bonuses 15 times salary

Fink’s variable pay was 2766% of fixed pay, (almost 30 times his salary) with a total package worth $26 million (£20 million).

Weekly Investment Update - Coutts

In this week's film John Shepherd, Portfolio Manager, discusses Central Bank policy and looks at how Coutts are utilising alternative investments to diversify client portfolios.

Berenberg to Expand Geneva Branch

Vanessa Skoura joined Berenberg in the spring of 2014, where she made significant expansions to the London Private Banking unit.

Raymond James recruits adviser team with $220 million in assets from Wells Fargo

McCullough & Sparks Wealth Management opens office in Kenosha, Wis.

Pension Isa could help prevent tax avoidance: Investec

The Isa model is the reverse of this, known as “tax, exempt, exempt.

Martin Blessing: The Cuddly Banker Who Will Make You Sweat

Blessing will then take off on a tour of the country, with a particular emphasis on the French-speaking region

Leading international trust and corporate services provider acquires Equation HK

The business provides fiduciary, accounting, payroll, company secretarial and tax services to international companies and individuals

China Wealth-Management Products Rise to Record $3.9 Trillion

The products’ value rose 11.8 percent in the first half from the end of last year, according to a statement on the China Banking Wealth Management Registration System’s website.

WMA Selects MSCI For Private Investor Index Series

The Committee debated what flexibility in an index provider is necessary so that these enhancements can be delivered when required.

Kleinwort Benson Investors rebranded as spin-off approved

The rebranding coincided with regulatory approval for the separation, which was bankrolled by Amundi taking 87.5% of equity in the independent business.

Handelsbanken completes acquisition of Dutch wealth management firm

Handelsbanken is acquiring all shares in Optimix, which will become a wholly owned subsidiary of Handelsbanken.

J.P. Morgan Gets Stand-Alone Asset-Management License in China

License is registered in Shanghai’s free-trade zone

Mirabaud Profit Drops as Transactions Slump

The Mirabaud Group Published Its Half-Year Results On 30 June 16. Assets Under Management Have Remained On A Par With The Prior-Year Period.

Credit Suisse chairman calls for time to complete turnaround

If multiple banks would join up, the resulting IT infrastructure organization could be sold in an IPO on the stock exchange.

PAFA Announces New Partnership with SEI

PAFA President and CEO. “SEI could not be a more ideal partner as we re-launch the Morris Gallery Exhibition Program, as SEI has demonstrated a long, visionary commitment to fostering innovation in contemporary art.”

Lombard Odier says H1 consolidated net profit 61 mln CHF

As a result of the top-line developments, and despite reductions in the cost base, the operating cost/income ratio increased to 83%, compared to 80% in the first half of 2015.

London-based private bank to expand Scottish business

The London-based private bank plans to expand on “burgeoning demand” from overseas investors

Wealth and Asset Management