12/16/2015
Marcuard Heritage spin-off just got its asset management licence
Marcuard Heritage revamped its investment team last year and decided on the spin-off for practical reasons
Wealth and Asset Management
12/16/2015
The 13-Year Contract Vexing Credit Suisse Brokers
Those who take the offer must remain at Wells Fargo for 13 years to earn the full payout of bonuses tied to the agreements, much longer than the industry’s typical nine-year deal
12/16/2015
Goldman Sachs Asset Management, HazelTree Form Treasury Management Partnership
The partnership is in response to the changing regulatory environment for systemically important financial institutions, particularly Basel III guidelines on capital requirements and balance sheet composition
12/16/2015
Deutsche AWM unveils smart beta bond ETF
ETFs following smart beta strategies are becoming more common within equity-based offerings, but there are few fixed income ETFs on the European market.
12/15/2015
More high net worth individuals looking to invest in private equity
With this in mind, DBS has launched its PE Access programme, targeted at clients with a net worth of at least S$50 million and looking at deals with a minimum size of S$5 million.
12/15/2015
OCBC’s wealth management business sizzles as loan growth fizzles out
“OCBC differentiates itself from peers when looking at its noninterest income composition."
12/15/2015
More wealthy Asians turn to philanthropy - but on the quiet
Many established private banks have dedicated units to advise their wealth management clients on matters related to philanthropy.
12/15/2015
Booked: Billionaires always figure out how to head off the competition
It’s not being a genius that makes you rich – it’s stopping your rivals
12/15/2015
HSBC 'considering Toronto' for headquarters in review of domicile
Hong Kong has been touted as the most likely alternative to current base London
12/15/2015
Major Japanese acquisition is vote of confidence in Jersey’s alternative fund servicing strengths
The recent acquisition of UBS Asset Management's Alternative Fund Services business by MUFG Investor Services underlines Jersey’s enduring strengths as a centre for global alternative funds business, according to Jersey Finance CEO Geoff Cook.
12/15/2015
Vistra Group acquires leading yachting service provider
Has established itself as a leading provider in the fields of yacht registration, yacht sale/purchase-contracts, yacht finance, Maltese leasing structures and EU VAT advisory.
12/15/2015
Why MiFID II could boost ETF uptake among UK wealth managers
Enforced disclosure of OTC trades
12/15/2015
Asset Risk Consultants signs Nutmeg to help investors put performance into perspective
The PCI are a peer group comparison tool designed to provide an understanding of the performance generated by discretionary private client investment managers.
12/15/2015
Nervy stock markets slow European Wealth's progress
Funds under management have risen by 20% to £1.2bn since the start of the financial year last November.
12/14/2015
Proving Worth Report - RESEARCH
Study Looks at the Values of Ultra-High-Net-Worth Millennials in North America
12/14/2015
At Nippon Wealth, Japanese expats take on Hong Kong
Nippon Wealth's office in Tsim Sha Tsui, Kowloon, offers a million-dollar view of Hong Kong Island's famed skyscrapers. But CEO Tsutomu Nakajima has no time to enjoy the scenery.
12/14/2015
NBAD recognised as the best private bank in the UAE
The new awards recognise the impressive growth in assets under management and revenues - growth mainly attributable to its development of a client-centric culture focused on long-term relationship building.
12/14/2015
Wealthy Iranians eye London property market
Some of them are concerned about the government changing direction in a few years’ time, and that sanctions could return.
12/14/2015
People who want to do philanthropy should do it actively, says IT czar
IT czar —who has donated half of his stake in Wipro to charity through his company’s CSR arm, Azim Premji Foundation, largely in the primary education space...
12/14/2015
DBS Private Bank launches ‘PE Access’ to introduce direct private equity deals to private banking clients
DBS Private Bank has announced the launch of “PE Access” – a programme where the bank will introduce direct investment deals to its ultra high-net-worth clients.