Managers of Wealth

Credit Suisse CEO vows action for 'impatient' investors: NZZ

New Credit Suisse AG Chief Executive Tidjane Thiam has told a Swiss newspaper he wants quick action to implement results of strategic review he is conducting at the Swiss bank.

Liechtenstein-based Bank completes share buyback

The bank bought back 300,750 bearer shares and 114,080 registered shares under the scheme announced on June 18.

The next step of evolution: socially responsible wealth managers

What is the point of doing your job if you are not going to make the world a better place?

Fund and private client services firm acquires Kleinwort Benson CI and SA Funds Business

Staff in South Africa will remain in their offices in Cape Town, whilst in Guernsey the combined business will operate from Dorey Court in St Peter Port

JOHCM's Beagles snaps up wealth managers

J.O. Hambro Capital Management's Clive Beagles has opened new positions in wealth managers and increased exposure to certain banks in his £2.9bn UK Equity Income fund.

Brown Shipley AUM edges closer to £5bn with IFA acquisition

The acquisition was finalised on 1st July 2015 following approval from the Financial Conduct Authority

Boutique Intermede set to open first fund

The firm manages close to $500 million

Bellpenny switches CEO

Bellpenny has announced Nigel Stockton is to replace Kevin Ronaldson as CEO as he is shifting to the role of founder director.

JPMorgan’s Private Bank Takes a Team Approach

Andrew Cohen, head of the Asian private bank, finds the region’s wealthy are more open to taking advice.

DBS Private Bank's regional ambitions burn bright

DBS Private Bank, which snapped up Société Générale's Asia private banking business for $220 million last year, is still on the look-out for acquisitions as it seeks to burnish its regional ambitions.

JP Morgan banker attacked by shark

A JPMorgan banker explains how he survived a vicious shark attack in North Carolina last Friday

New Deutsche Bank CEO delays overhaul, warns staff to behave

"I can tell you that we will decisively identify problems, apply fixes and hold accountable those who misbehave

Rothschild invests in a Chinese online retailer

Rothschild Group, the well-known family controlled banking firm based in London, has joined forces with CID Group, a private equity firm from Taiwan, to invest $50 million in Chinese online retailer

Independent UK wealth managers pick up younger clients

This is providing an opportunity for companies such as Brooks Macdonald, St James’s Place and Rathbone Brothers to step in

JP Morgan Asset Management has reduced fees for many of its Luxembourg funds

The manager has switched the operational and administrative costs for a portion of its Luxembourg Sicav with $9 billion of assets under management (AUM) from a fixed cost, to a capped, variable cost.

Coutts restructures management team post-international sale

Coutts has said Ewart is currently absent from the business and that it is not in a position to comment any further.

AIM-listed wealth firm completes £3m buy

European Wealth has secured the purchase advisory firm Greensnow.

Wealth managers target clients shunned by larger rivals

But certain firms are targeting these same clients, with a view to gaining more profitable business further down the line.

The next step of evolution: socially responsible wealth managers

Futurologist Mark Stevenson warns that if private client investment managers want to maintain their wealth, they had better start putting it to good use.

Continuous innovation and simplicity the key to delighting future wealth management customers, industry panel finds

A select panel of senior superannuation and wealth management industry representatives has nominated simplicity, identifying customer needs, developing holistic services and providing clients with control as some of the key ingredients to future wealth ma

Wealth and Asset Management