11/30/2015
Davy to buy Northern Irish wealth manager
Pension & Financial Consultants has approximately 4,000 clients and £600m € 850m of assets under management
Wealth and Asset Management
11/30/2015
Fairstone adds another IFA with £135m of assets
Advisers joining Fairstone are able to leverage its core technology platform and services such as compliance, para-planning and lead generation.
11/30/2015
Aberdeen Asset Management not for sale, says fund boss: Martin Gilbert stands firm but client exodus sees £34bn withdrawn
The latest exodus – even worse than City analysts predicted – was triggered by the slowdown in emerging markets, including China.
11/30/2015
Climate Change Can Provide Investment Opportunities
As investors become more interested in making a positive impact on the world, new areas are opening up for them to make money at the same time, according to Impax Asset Management Group Plc.
11/30/2015
Dublin wealth management firm adds to Belfast portfolio
Davy Private Clients has undergone unprecedented growth in Northern Ireland in recent years, with client assets increasing ten-fold since 2013.
11/30/2015
Accidental banker
Lombard Odier’s managing partner Hugo Banziger looks back on his 30-year career and talks about why his company’s business model is ideal for the private-banking sector.
11/27/2015
Wealth of Indian HNIs to increase more than Chinese during 2014 and 2020: Report
The estimated wealth of HNIs in India in 2016 will be $1.425 trillion, while those in China will be worth $5.10 trillion
11/27/2015
DBS said to be frontrunner for another mid-sized private bank in Asia
Further driving home concerns about the sustainability of servicing Asian HNWIs in the region without scale.
11/27/2015
Another exit of foreign bank from the cut-throat business of private banking in India
Even though India's economy has been minting millionaires at a strong pace, it has failed to translate into profits for the foreign wealth managers that have set up teams of well-paid bankers to help manage those riches.
11/27/2015
French private bank makes bid to acquire Kleinwort Benson Wealth Management
Said if its bid succeeded it would sell BHF's private banking activities in the United Kingdom and the Channel Islands to Societe Generale, which is also providing financing for the takeover.
11/27/2015
Secretive Barclays deal involved Qatari clients
The identity of the clients was so sensitive that the bank agreed to pay them £37.7m if it was ever revealed.
11/27/2015
Khaitan & Co advises wealth manager on acquisition
Engaged in inter alia financial services, investment banking, trusteeship services.
11/27/2015
BSI drops exclusive talks to buy private banking unit
The exclusive period was due to end on Friday.
11/27/2015
International Tennis Federation extend sponsorship deal with BNP Paribas
“With BNP Paribas, we will celebrate our 15th year of partnership in 2016,” newly-elected ITF President David Haggerty said.
11/26/2015
FinanceAsia Achievement Awards — Part 1
FinanceAsia is pleased to announce the winners of our Best Private Banks. Congratulations. In the coming days we will announce the remaining awards for countries, overall deal awards and house awards.
11/26/2015
Few Profits, Tax Probes Spur Israeli Lenders to Exit Private Banking
For small and medium-sized banks, which are what Israeli banks are, there’s no place anymore for them in international private banking.
11/26/2015
UBS Asset Management combines 3 businesses into one unit
UBS Asset Management has reorganized three of its divisions into one, said an internal memo obtained by Pensions & Investments.
11/26/2015
Five top fintech offerings for investors: Miss Mackay's Money Microscope
When we think about how technology might transform our lives, it's easy to jump ahead to the realm of driver-less cars and polite robots doing our ironing.
11/26/2015
Rich Asians Mostly Stick With Dollar Rally UBS Sees Almost Done
The first U.S. interest-rate increase since 2006 is expected next month by mostinvestors, helping push the dollar up by about 9 percent against a basket of 10 major currencies this year.
11/26/2015
Manulife Asset Management's Dan Janis and Strategic Income Team honoured with Morningstar Fixed Income Manager of the Year Award
The team, which manages five funds and one pool available to Canadian retail investors, was recognized for its strong global fixed income capabilities and its consistent adherence to a disciplined investment approach.