Managers of Wealth

EFG says in exclusive BSI talks, no decision yet made‍

BTG Pactual in relation to a potential acquisition of BSI and that a decision is imminent.

Financial sector gets new investment

Saint Lucia’s burgeoning international financial sector received a further boost this week.

Specialist asset management firm secures rare triple for third consecutive year

The announcement comes in the wake of its 2016 DFM audits, which Defaqto says represent “the most intensive sets of standardised screening that it has conducted on the DFM market.”

Wealth managers to be excluded from HSBC pay rises

The latest change was first reported by the Financial Times on Wednesday.

Five years of service excellence and technology innovation - Multrees Investor Services

Multrees Investor Services, a leading independent custody and consolidated reporting specialist for wealth managers and family offices, is celebrating its five year anniversary this month.

Offshore wealth management firm expands funds portfolio

An Island-based offshore wealth management firm says it is adding 28 new funds to its product range.

Credit Suisse poised to cut 200 jobs at its London office

Credit Suisse is not the only financial institution to streamline its operations.

Credit Suisse Investor Herro Backs Thiam on Overhaul Plans

It should be managed to generate consistently solid returns, not “recklessly abandoned.

Bank of the West Promotes Members of its Southern California Wealth Management Team

"It is rewarding that clients are looking to Bank of the West for solutions to their wealth management needs," said Edward Mora, senior vice president and regional manager in Bank of the West's Wealth Management Group.

Knight Vinke sells UBS stake after failing to win strategy change

We can confirm that we sold our position in UBS towards the end of 2015, realising a substantial gain for our investors.

European Banks' Woes Aren't Fully Justified, Say Wealth Managers

Wealth managers ask whether some of the sharp selling of European banks' shares, and fears about their overall health, are really justified at current levels.

Morgan Stanley Wealth Management Launches new manager analysis screening and scoring process

As the ‘adverse’ denotes, one of the keys to the process is finding fixed income managers that have been able to outperform their peer groups in environments that have been unfavorable for active manager relative performance

Robo financial advising on the rise, but gen Xers still prefer the human touch

“Robo-advisors are generating a lot of buzz in the personal finance world, but when it comes to fully relying on them, both Gen Xers and boomers hesitate"

Wealth managers consider removing sterling hedges

Yen and euro stronger

Tim flies the flag at high-powered event in Kuwait

He promoted the Isle of Man as a jurisdiction of choice when dealing with offshore structures.

Wealth manager expands team with two senior appointments.

Strong growth from WH Ireland as Isle of Man office marks two years in business

European Banks' Woes Aren't Fully Justified, Say Wealth Managers

There is no specific issue that explains why European banks are more vulnerable

Wealth managers consider removing sterling hedges

The return on the GBP hedged index over six months to 29 January 2016 would have been -12.1%

UBS rates bankers' behavior in performance review revamp: sources

For the previous two years, behavior was a factor in the reviews but employees were not given a separate score for it.

“It’s great teamwork, I just happen to be in the CEO seat”

Almost a year on from the acquisition and less than six months into his new role, Mr Loudon feels the often-difficult process of combining businesses has not prevented the company from looking “in such good shape” in the present day.

Wealth and Asset Management