Managers of Wealth

Charities SORP Consultation

The solution suggested is that a mixed motive investment should be treated as though it were a pure financial investment

Rothschild parent Q1 revenue drops 4.2 pct

Paris Orleans, the holding company for boutique investment bank Rothschild, said on Friday that its first-quarter group revenue fell 4.2 percent as lower profits in merchant banking outweighed an uptick in financial advice.

Law firm acquires wealth management business

Listed law firm ILH Group has expanded into wealth management with the acquisition of Capricorn Investment Partners

Schroders reports AUM up 21 per cent

Profit before tax up 25 per cent. to £221.7 million (H1 2012: £177.4 million)

Ultra-HNIs To Make Safe Investments From Now On

The prolonged economic slowdown in India without an early recovery has an adverse impact on the spending behaviour of ultra-high net worth individuals.

7IM plots ‘smart beta’ overhaul for passive funds

The wealth manager has already shifted part of the four AAP portfolios into such products.

Ashcourt Rowan AM to buy Generali Portfolio Management

Generali Portfolio Management manages around £200 million in discretionary private client portfolios (excluding certain assets managed on behalf of Generali) and generates annual revenue of around £1.9 million.

Old Mutual H1 pretax profit rise to £805m

Funds under management up 9%

Indian ultra-HNI count rises to 100,900

The population of Indian ultra-HNHs is estimated to have grown to around 100,900 in 2012-13, and is expected to triple to around 329,000 over the next five years

Doing Good While Doing Well--The New Mantra Of Next-Gen Wealth

Today, there are even more notable differences between these groups of ultra-high-net-worth and high-net-worth individuals than during Fitzgerald's time.

Canadian Wealth Management business poses challenge for Canaccord Financial

"We're working very hard on the cost side of our Canadian wealth management business, and we've worked very hard on the new products and services where we see the industry going."

Bank of the West Doubles Clients in HNW Business

Bank of the West’s push into the high-net-worth wealth management market appears to be paying off.

Wealth management products largest share of assets under custodianship

CBA reports growth in custody market

Credit Agricole Profit Surges After Disposal of Greek Unit

The profit surged in the second quarter after the sale of its unprofitable Greek unit.

Nedbank Group Limited Interim Results 2013

The group benefited from its portfolio of diverse businesses and strong performances in the wholesale and wealth businesses resulted in overall headline earnings growth of 13,3%.

Standard Chartered Knocked By $1bn Korean Business Hit

Standard Chartered, which makes more than 90% of its profits in Asia, Africa, and the Middle East, said Korea remains its most difficult market and that it was writing down the value of the business.

Pressure on Apcims to back standard DFM disclosure

The discretionary managers are due to meet with the Association of Private Client Investment Managers and Stockbrokers (Apcims) later this month to discuss the plans.

Wealth manager tests African investments

Africa is evolving, fast. Technology is helping.

Swiss Cantonal Bank Cut by S&P Amid Risk of U.S. Legal Costs

“We foresee ongoing elevated reputational and legal risk at BKB from pending legal actions by the U.S. Department of Justice against Swiss banks,” S&P said after meeting with the management of the company.

'Havoc' as HSBC prepares to close diplomatic accounts

The head of the UK's Consular Corps told the Mail on Sunday the decision has created "havoc".

Wealth and Asset Management