08/11/2013
Wealth Management Growth Seen on U.S. Expats, Facta
More wealth management firms are likely to come into existence to give tax advice to U.S. citizens living abroad
Wealth and Asset Management
08/11/2013
NAB confirms redundancies in wealth division
National Australia Bank has confirmed redundancies in a number of roles within its wealth management division following a strategy to digitalise the business.
08/11/2013
2.2 billion RIA Joins Focus Financial Partners
A $2.2 billion registered investment advisory firm with roots at Bank of America's Merrill Lynch and UBS AG has joined Focus Financial Partners, a partnership of independent wealth management firms.
08/11/2013
CBA launches exclusive suites for the wealthy
The suites will target salaried individuals with a net income of Sh300,000
08/11/2013
Swiss firm Hansa to buy SVG Investment Managers
Hansa has assets under management of more than $1.8bn, while SVGIM - which invests in UK equities by applying private equity techniques to public markets - runs around £200m.
08/11/2013
Sanlam Private Wealth snaps up two more client banks
The UK-based division of the South African headquartered company has acquired Telford-based Cornforth Consultants Wealth Management and Shropshire-based Wealthport.
08/11/2013
Focus Announces Partnership with Telemus Capital Partners
The firm offers a range of advisory services including investment management, financial planning,
08/11/2013
Private banking changes courting strategy for Asia
The region represents a vast untapped marketplace for niche banking services
08/11/2013
BNY Mellon named Best Transactional Bank in Europe, the Middle East and Africa
The award recognises BNY Mellon's innovative approach to developing and implementing client-focussed solutions in transactional banking
08/08/2013
Emirates attractive to UK expats
Australia has retained the top sport in the report's Quality of Life Index which is created by analysing opinions and attitudes on lifestyle of 1,800 British expatriates
08/08/2013
Deutsche to start Tilney sale talks in September
Deutsche Asset & Wealth Management has set a September deadline to kick off the first round of bids for its loss-making Tilney business.
08/08/2013
Charity Commission publishes new guidance on trustee decision making
The guidance 'aims to help increase trustees’ confidence when making decisions, and inform their process' by setting out key principles for good decision making.
08/08/2013
Charities SORP Consultation
The solution suggested is that a mixed motive investment should be treated as though it were a pure financial investment
08/08/2013
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.
08/07/2013
Law firm acquires wealth management business
Listed law firm ILH Group has expanded into wealth management with the acquisition of Capricorn Investment Partners
08/07/2013
Schroders reports AUM up 21 per cent
Profit before tax up 25 per cent. to £221.7 million (H1 2012: £177.4 million)
08/07/2013
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.
08/07/2013
7IM plots ‘smart beta’ overhaul for passive funds
The wealth manager has already shifted part of the four AAP portfolios into such products.
08/06/2013
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.
08/06/2013
Old Mutual H1 pretax profit rise to £805m
Funds under management up 9%