09/21/2015
Swiss boutique duo break into UK wealth market
It is due to launch in mid-October and will develop funds for institutional and family office clients.
Wealth and Asset Management
09/21/2015
Walker Crips launches new managed portfolio service
“We operate a pragmatic ‘best-in-class’ approach, seeking to invest in companies that demonstrate a commitment to sustainability and the highest standards of corporate governance.”
09/21/2015
HSBC Set to Add 4,000 Jobs in China While Shrinking Globally
The 4,000 new hires would amount to a 30 percent increase from the 13,000 people now working for HSBC in the Pearl River Delta. By contrast, the bank plans to trim global headcount by some 50,000 over three years and reduce annual costs by up to $5 billio
09/21/2015
Cim Fund Services maintains Statement on Standards for Attestation Engagements (SSAE) No. 16 Clean Type II report four years in a row.
The value of SSAE No. 16 engagement is that it allows service organisations to have their control policies and procedures evaluated and tested (in the case of a Type II engagement) by an independent party.
09/21/2015
Julius Baer completes transfer of Merrill Lynch’s International Wealth Management business in India
By reaching this major milestone, the Group successfully concludes the global IWM integration which has considerably extended its footprint in key growth markets.
09/21/2015
Focus Partner Firm FFO Expands with Two Mergers
- FFO Opens New Office in California and Strengthens Tax Expertise -
09/20/2015
Robo-advisers mark ‘seismic’ shift in wealth management
Fund managers, banks, brokers and financial advisers all face threats to their business models from robo-advisers, which provide automated online investment services.
09/20/2015
Robo-advisers mark ‘seismic’ shift in wealth management
It is still a nascent industry but it is expanding fast.
09/18/2015
WealthBriefing Swiss Awards 2016 Now Open For Entries
Entries for the annual WealthBriefing Swiss Awards - with results due to be announced next February - are now open.
09/18/2015
HSBC Middle East to move head office to Dubai from Jersey
Move will not affect its customers or regulatory relationships in other countrie, says bank
09/18/2015
Aberdeen Asset Management wins corporate engagement award
Aberdeen Asset Management Charitable Foundation was awarded the Best Foundation accolade at last night’s Corporate Engagement Awards.
09/18/2015
HSBC could stay in UK, hints chairman Douglas Flint
Douglas Flint says Britain’s regulatory system is better suited to a global banking titan
09/18/2015
The Way of the Future: Technology and Branch Designs of the Modern Retail Bank
Many physical design and technology elements are intertwined such as drive through ATMs.
09/17/2015
Long-running Aberdeen chair passes away
A chartered accountant by trade, Irby spent 27 years at ING Barings.
09/17/2015
Independent fund and corporate services provider to open new offshore office
Plans to offer a range of governance services to the international funds community with the office, scheduled to open before the year’s end.
09/17/2015
Does SJP have a fee transparency problem?
SJP told the newspaper clients are only interested in one overall charge which covers advice and fund management
09/17/2015
Meet the Hong Kong bankers cashing in on China’s market turmoil
Hong Kong has long been a global investment gateway for rich mainlanders
09/17/2015
Families Support Scepter with $14 Billion in Discretionary Assets
The board represents the assets of a number of Gulf and Asian ruling families and ultra-high-net-worth investors
09/17/2015
Swiss site shows where Americans are welcome
Where Americans Are Welcome-Expats lists banks and a range of business-related companies in Switzerland
09/17/2015
Generation Sceptic: Millennials Unconvinced of Wealth Management Outcomes
Almost one third (29%) of the UK’s HNWIs under the age of 40 believe that recommendations from their wealth management firm have not been in line with their risk tolerance, according to new research released today.