Managers of Wealth

UBS Agrees to Buy Italy Private Wealth division

The deal is set to close in the first four months of 2016 pending regulatory approval, UBS said in a statement on Tuesday.

Vote for Appleby – Citywealth Awards 2016

Online voting for the Citywealth Awards 2016 is now open and I am pleased to announce that Appleby has been shortlisted in three categories

Ultra-high net worth individuals moving towards impact investing: Credit Suisse

In impact investing, the ultra-high net worth individuals would place capital in enterprises that generate a positive social or environmental impact.

Clarien beefs up private banking team

Clarien Bank has expanded its private banking business and hired two new staff.

Julius Baer Agrees to Raise Stake in Kairos to 80%

Kairos assets under management almost doubled since 2013

UBS Adding Senior Bankers in Asia for First Time Since Crisis

The Swiss bank recently hired three managing directors and one executive director in the region and plans to add roughly another dozen bankers of similar seniority over the coming 12 months

BVI remains market leader in the offshore financial industry

Chief executive officer of Vistra Group, Martin Crawford, in a presentation on behalf of BVI Finance at the 2015 China Offshore Summit said the territory held about 50 percent of the market share of new offshore companies formed globally

Aberdeen CEO eyes four or five smaller acquisitions in 2016

We will probably make another four or five similar acquisitions next year but the main thing we will do is wait for the downturn in Asia to end — and it will

Credit Suisse Said to Name Swiss Bank Unit Coverage Heads

Separately, international wealth management, led by Iqbal Khan, will be split along geographical lines with Europe being run by Claudio de Sanctis

Focus Financial Helps Breakaway Merrill Lynch Advisors Launch One Charles Private Wealth

One Charles was launched through Focus Independence (formerly Focus Connections), a program which helps wirehouse teams successfully launch their own independent wealth management firms.

Deutsche Bank separating asset management unit

Industry observers are divided on whether the reorganization will bolster Deutsche Asset Management, which has struggled for some time.

Stop focusing on process and proposition

The introduction of the RDR by the FSA perhaps forced financial advice firms to profoundly review how they communicated with clients.

Fears over sovereign wealth funds pulling assets overblown, Morgan Stanley says

Their research identified over $1.1tn of public equity holdings for 11 SWFs, representing about 24% of assets under management.

Julius Baer launches new AT1 structure in Asia

This was the first non-Swiss franc transaction for Julius Baer and the first AT1 transaction with write down trigger feature ever to price in the Singapore dollar market.

Citizenship Shopping For Affluent Investors

The motives for seeking citizenship can be complex.

Asia’s Family Firms Need to Talk About Succession

Without a plan, the risk of business failure is high as the transition to the next generation looms.

Passing the buck: how money man Andrew Yen guides China's billionaire families through generational shifts

But equally challenging is navigating the sometimes dark human emotions that manifest among parents, children and siblings when so much is at stake.

“The Path of the Entrepreneur in 2015″ - BNP Paribas

The Report reveals the emergence of the ‘Millennipreneur’, a new generation of entrepreneurs under 35 years old

Morgan Stanley : Stealing Retail Banking From Banking Giants?

Morgan Stanley’s 3.5 million wealth management clients use only 1% of its retail-banking products

Wealth Management: Where Will the Largest Fee Pool Be in 2030?

For banks and financial services firms looking for a piece of the action, baby boomers are still their best bet

Wealth and Asset Management