Managers of Wealth

Advisers struggle to provide the full range of services ultrawealthy clients need

Multifamily offices try to win the loyalty of multigenerational families of clients by offering a full menu of services

Standard Chartered to axe senior jobs

A source said the bank is expected to slash about 1,000 positions, with redundant employees to be notified by the end of next month.

Swiss bank private bank extends Formula E sponsorship

The series, whose commercial partners include French carmaker Renault and tyre company Michelin, races in cities across the globe and completed its first season in June this year.

Credit Suisse Drops on Report of Capital Raising Plan

The fresh funds will be used to absorb losses the bank will incur as it reorganizes, the FT said.

M&A Deal of the Year: Vontobel

Swiss wealth adviser Vontobel – under the lead of chief executive Zeno Staub – has acted decisively to buy, and hire, investment talent.

Think Of Them As Super Butlers

Since pursuing estate management classes at the Starkey International Institute for Household Management in Denver four years ago, Cushwa has worked for three families.

China's Fosun on the prowl for European takeovers

Europe is not the only destination for Fosun, which has invested more than $5 billion in the United States and $500 million in Japan.

Profile: Coutts International's new Swiss owners have big plans

Fricker was previously chief executive of Lloyds Bank International and joined UBP when the Swiss company acquired the division in 2013.

Attracting top-tier women to wealth management

A long time ago it recognized that if it wanted to change the status quo from a boys club to an all-inclusive club it needed to make it more attractive for women to make the change.

Wealth managers stand by WMA as turmoil surrounds IA

A number of disillusioned fund groups, including Schroders and M&G, appear to have lost patience and faith in their trade body.

PSG Konsult buys majority stake in Mauritius wealth manager

South Africans want to internationalise their assets and it’s an easier place to internationalise. What clients want is to be familiar with where their assets are," Mr Gouws said.

Reyl & Cie’s branch licensed by Dubai financial services authority

The team plans to target primarily the Middle East and East African markets as those are regions with large numbers of successful entrepreneurs looking for banking services for both their personal wealth and their businesses.

Six Credit Suisse Financial Advisers Leave Ahead of Overhaul

Two groups of financial advisers managing about $4.5 billion in total recently left Credit Suisse AG

Morgan Stanley: Finally, Wealth Management Matters Again

In addition the compensation ratio should decline towards the target of £ 55% by 2017 on our estimates.

Elian Shortlisted In GCC Region Awards 2015

Elian has been shortlisted for the best Independent Trust or Fiduciary Company in WealthBriefing’s GCC Region Awards 2015

Amundi chief Yves Perrier keen to create global asset management brand

The company, formed in 2010 out of a merger of the asset management businesses of Crédit Agricole and Société Générale

Independents Take On Asia’s Top Private Banks

Firms that offer private bank services but with upfront fee disclosure are taking root in Hong Kong.

UBS Chief Investment Officer for Europe Hoefert Has Died

Hoefert, a Swiss national, had been with UBS since 1999, starting as a senior economist at Group Economic Research

Beyond Charm: Wealth Managers Need New Skills for Digital Age

The need to navigate these new dynamics is driving demand for a new set of leadership competencies at the top of wealth management organizations across the industry.

OMGI hands £77m Ethical fund to Quilter Cheviot

The Ethical fund’s mandate will remain unchanged with the managers continuing to target a combination of income and growth.

Wealth and Asset Management