Managers of Wealth

Family firms: Why heirs struggle to retain trust

The public often view family-owned firms as more trustworthy than their non family-owned peers, but this faith can wane when the firm passes from the founder's hands to the next generation.

Guide to private wealth in Asia by Herbert Smith Freehills

As before, the updated Guide owes much to the co-operation of a number of leading law firms who have contributed chapters on their respective jurisdictions. I would like to express my gratitude to them for their input.

ERI wins best in the "Transaction Processing" category at WealthBriefing Awards 2014 in the GCC

It is the 5th consecutive win for ERI in this category.

Corporate and fund services provider reports significant growth in its Luxembourg operations

The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.

Mercantile launches a Private Bank. For entrepreneurs only.

Mercantile Bank has just launched a Private Bank that holds its very own form of differentiation – offering private banking exclusively to entrepreneurs.

Signia Wealth's hedge fund assets breach £500m

They boosted the hedge fund team with the hire of Michael Rosenthal, global co-head of hedge fund Investment at Amundi Alternative Asset Management, back in March.

Schroders brings £4bn global multi-asset fund to UK

Schroders is opening its giant global multi-asset fund to UK investors to offer people a retirement solution in the radical overhaul of the pensions market.

Europe’s centuries-old private banks have seen better times

Europe’s economy might be growing much more slowly than its US and Asian counterparts, but it still has solid fundamentals of wealth

Tougher operating environment calls for a new business model

Every autumn, the sleepy lakeside settlement hosts the Private Banking Summit, where delegates seek safeguards for their threatened industry.

SPEAR'S Awards to Select Bankers for Millionaires

The names of the winners will be officially made public on 4 December at the Mossovet Theatre in Moscow.

Coutts UK to be ringfenced from overseas sale

Royal Bank of Scotland will categorically rule out a potential bid for the whole of Coutts, its wealth management arm for affluent individuals, from Italian domestic lender Intesa Sanpaolo.

UK Private bank account opens doors for ‘global’ citizens

South Africans who are not UK residents often require a formal introduction to a UK bank

FCA gets granular in wealth

One of the big problems with wealth management is the way advisers make brave promises to win client accounts, but fail to live up to expectations as relationships develop.

Wealth-X Raises Growth Capital From Insight Venture Partners To Accelerate Expansion

Investment Highlights Opportunity to Market Products and Services to Ultra Affluent Consumers

LGT Hires Ex-Julius Baer Banker for Middle East Wealth Business

“We’re looking to hire experienced client advisers for the Middle East region,” Buri said. “Being the bank of the Prince of Liechtenstein is a story that resonates well there. They’re used to ruling families.”

Merrill and Morgan battle in ‘wealth manage’ war

It’s the battle of the bulges.

Korean rich should pay more tax: ADB

Korea’s redistribution of wealth through taxation is unbalanced

Asian dynasties address wealth handover question

The survey found that only 13 per cent of the region’s billionaires owe all their fortune to inheritance

Italian bank eyes UK's Coutts International

The bank’s chief executive said asset managers, insurers and private banks, were all in his sights, with expansion in the UK being a top priority.

Strong growth moves Asia’s billionaires to top of the tree

As the world’s wealthy continues to grow richer at double-digit rates – and nowhere faster than in StanChart’s Asian heartland – it would seem there should be more than enough business for all those wishing to serve that growing ma

Wealth and Asset Management