08/10/2015
Banking on the rich
With private wealth in Oman growing exponentially over the last couple of years, all the banks in the sultanate expect double digit growth in the priority banking business and plan to expand the segment.
Wealth and Asset Management
08/10/2015
Custodians try to entice breakaways with substantial perks
More creativity via sweeteners are being used to lure big RIAs
08/10/2015
Coutts Millionaires Make Asia Private Bank Profitable, UBP Says
The acquisition of Coutts will help us reach a critical mass in Asia
08/10/2015
The Els Club, Dubai Sports City partners with Nedbank Private Wealth
The Dubai office is supported by a 30-strong Middle East team based in the Isle of Man.
08/10/2015
Swiss banks step up focus on Asia wealth management
It’s not a sudden thing but they suddenly talk about it as the main strategy.
08/10/2015
Quilter Cheviot Launches Zurich Wrap
The investment management firm pioneered the development of professional investment outsourcing solutions for financial advisers with the launch of its MPS in 2001.
08/10/2015
Coutts launches concierge service for ultra rich
Coutts clients value expert and tailored banking and wealth management advice and alongside that expect equally exceptional concierge support.
08/10/2015
Saunderson House: “We want to ask fund groups: 'When are fees coming down?’”
These reviews have caused significant downward pressures on profits for wealth managers
08/10/2015
Robo wars: 5 big disruptive threats facing wealth firms
Developments in the US should serve as a warning for traditional UK wealth managers to take the digital threat seriously.
08/09/2015
Lombard Odier sets up catastrophe bond desk
Jan Straatman, chief investment officer at LOIM, said: “Catastrophe bonds are uncorrelated to other economic risks and capital market events. The 4 to 6 per cent returns on offer remain attractive.”
08/09/2015
Switzerland's wealth managers have long courted Asia's super-rich
Swiss banks step up battle for Asia's super-rich
08/09/2015
Wealth management is an industry built on trust
Trust games: Europe’s NextGen HNWI more sceptical than US peers
08/08/2015
Britain's oldest bank goes digital
Banks are seeing huge growth in digital banking, with millions of people now using just their mobile apps to manage their money.
08/07/2015
Fighting Off Barbarians at the Wealth Management Gates
This can be both exciting and terrifying, as incumbent firms will need to adapt to compete with these new entrants while they still own the customer’s assets
08/07/2015
JP Morgan AM’s new CEO bullish on China
The opportunity is huge there and we’ve seen tremendous needs for better investing and a more diverse product range from onshore investors
08/07/2015
What will be asset managers' role as advice gap widens?
The news the government and the FCA are to launch a major review into consumer access to financial advice has been widely welcomed.
08/07/2015
Exclusive: Banks back away from Paulson Advantage fund after poor 2014
The banks cited concerns about costs, plus bets on illiquid securities as reasons for their moves
08/07/2015
Brewin withdraws managed service for sub-£150k clients
The move coincides with the recent launch of Brewin’s direct-to-client service,
08/07/2015
Heartwood switches all funds to unclassified sector
In common with a number of other risk managed multi-asset fund ranges, we believe the unclassified sector is currently the best available option.
08/07/2015
SJP and Rowan Dartington tie-up to drive UK and Asia expansion
Coxell said the firm was already performing strongly, opening three new branches, increasing its headcount by 40% and growing its assets under management to £1.1 billion in 2014.