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Wealth and Asset Management

12/21/2016

Praxis Fund Services (UK) assists with the launch IPO for Bellevue Asset Management AG

The investment objective of BB Healthcare Trust plc is to provide shareholders with capital growth and income over the long-term, through investment in listed or quoted global healthcare companies.

12/21/2016

CIOT reports on PAC hearing into HNW unit

Among the areas HMRC says it is looking into are the so-called Panama Papers, footballers, overseas assets and marketed avoidance schemes.

12/21/2016

Advent International buys minority stake in ASK Group

Founders of ASK Group, a leading investment and wealth management company, will retain the controlling stake and continue to lead the business

12/21/2016

Hong Kong seeks private bankers for local, mainland clients

The demand for private bankers is not surprising, especially with the continued growth of the number and wealth of HNWIs in both Hong Kong and China.

12/21/2016

Qumram celebrates three coveted RegTech award successes in private banking and wealth management

The awards awarded by banking professionals, recognizing the vendors that are best positioned to help Qumram meet mission critical business challenges

12/20/2016

Old Mutual raises $291m in asset management listing

Old Mutual is currently undergoing a “managed separation”, which will see OMAM, as well as Old Mutual Wealth, Old Mutual Emerging Markets and Nedbank separated

12/20/2016

Citi expands trustee services in Singapore

Citi has received a trust business license to expand its trustee services for collective investment schemes in Singapore.

12/20/2016

Steward Partners And Raymond James Welcomed 40 New Partners In 2016: End Year With New Advisor To Join $150 Million Bethesda Team

Banner 2016 for Steward Partners in New Assets, Revenue and Locations; Firm Boasts $2.75 Billion in Recruited New Assets

12/20/2016

Wealth manager bemoans "one of the toughest industry environments" since 2008, but is hopeful for 2017

WH Ireland said that during the course of the year assets under management and administration in its wealth management division have risen to around £3bn.

12/20/2016

Pushing that Boulder Up the Mountain

The way to overcome this trap is to provide value to the client

12/20/2016

Randomness, Rocks & Wealth

Lisette Cooper ministers to the ultra rich

12/19/2016

Liechtenstein private bank mulls further Asian acquisitions

Expects to see its assets under management in Asia rise

12/19/2016

Lombard Odier’s Patrick Odier on the future of private banking

The chairman and senior managing partner of one of Switzerland’s largest private banks talks investing in 2016

12/19/2016

Diversifying life insurance choice for Asia's HNW

The UK government is introducing legislation that creates a look-through for all tax structures

12/19/2016

Bank of Singapore eyes London foothold

Asian private bank weighs UK branch in light of pound’s slide following Brexit vote

12/19/2016

Rolls-Royce turns to rock ‘n’ roll icons for altruistic automobiles

There has always been this fascinating synergy between Rolls-Royce and those artists who create music

12/19/2016

BNP Paribas navigates choppy Brexit waters

Bank’s wealth management arm says the UK will remain a very important offshore centre

12/19/2016

The Ex-UBS Banker Whipping Credit Suisse's Swiss Unit into Shape

She made Managing Director one month before the bank was forced to take a $60 billion government bailout in 2008.

12/19/2016

Brewin Dolphin to buy asset management business for £28m

Brewin said it expected the addition to enhance earnings after the first year, while, on a pro forma basis, its funds under management is anticipated to increase to £36.1bn.

12/19/2016

WH Ireland cautiously optimistic about year ahead

The majority of the exceptional costs associated with this change will be taken in 2016, and as such will be fully disclosed within the annual results.

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