Managers of Wealth

Wealth management firm to launching three new income-generating funds

The pair already run the firm's multi-asset global funds, which were launched in 2007, as well as its discretionary management service.

Brooks Macdonald expands discretionary services in S. Africa

The Global Life Plan is a unit-linked investment plan from leading South African-based provider Glacier International, a division of Glacier by Sanlam.

Elian group director named in eprivateclient’s '50 Most Influential’ for fifth time

A former partner of Ogier, Mr Le Cornu was instrumental in the management buyout of the fiduciary services business in 2014. He has responsibility for Elian Private Wealth across Jersey, Guernsey, Cayman, the Middle East and Asia.

Average Swiss household wealth continues to rise

Increases in the value of financial assets added CHF 11,400 bringing the total rise in asset value to CHF 21,500 per resident.

Bank of the West Announces Winners of the Sixth Annual Philanthropy Awards

Barrio Logan College Institute and Lava Mae each receive $100,000 grants and honored for their commitment to their communities

Van Lanschot will no longer guarantee the liabilities of F. van Lanschot Bankiers

Van Lanschot has notified the trade register of the chamber of commerce of the withdrawal.

Julius Baer redeems preferred securities

The obligations related thereto were assumed by Julius Baer Group Ltd. in 2009.

Wiener Privatbank plans to take over Valartis Bank (Austria) AG's banking operations

The banking operations, their holding in the fund administration company, and the real estate at Rathausstrasse 20, Vienna are to be acquired within the framework of an asset deal.

Bonham-Carter denies Jupiter Asset Management sale rumours

Instead the firm is looking to expand into the European market and focus its sales efforts in the region, says Bonham-Carter.

Private banks 'must adapt' to servicing IAMs

Technology and service improvements are key if private banks are to strengthen their coverage of independent asset managers, said panelists at an AsianInvestor forum.

Asia's Wealthy Turn to Aussie as Local Currencies Wilt, UBS Says

As an alternative to the local currencies in the region, it’s not too bad to consider the Aussie.

GAM launches new brand identity

GAM adopts a new brand design, expressing the common purpose of all of its teams around the world: advancing the potential of capital.

Private bankers in Asia crumbling as revenue pressures rise

The region boasts more millionaires than any other and their wealth in growing rapidly every year. Global banks are fighting for a piece of the action and poaching talent from each other – life as a private banker in Asia should be a fairly easy rid

Largest bank in Denmark establishes new Wealth Management unit

The decision to establish the new unit is a result of our ongoing business review.

Zarin Daruwala faces multiple challenges in her new role as CEO of StanChart India

Daruwala's forte is corporate banking.

Credit Suisse investors back cash calls for restructuring

A 1.32 billion franc private placement won nearly 95 percent support at the meeting

Credit Suisse's Thiam to face feisty retail investors

There are no signs that shareholders will reject the cash call.

Geneva free port to tighten up checks

This follows a critical 2014 federal report, which highlighted the possible risks of trade-free zones to Switzerland’s reputation.

Top 100 Financial Advisers revealed

At first glance, little has changed at the top of the list, with St James’s Place and Hargreaves Lansdown occupying first and second positions respectively.

Banque Heritage to take on client assets from wealth manager

Consultancy KPMG has estimated the number of Swiss private banks will fall to fewer than 100 in the next three years from around 130 now.

Wealth and Asset Management