Managers of Wealth

BNY Mellon's German Investment Boutique to be Renamed

The choice of name was made after a thorough research process.

Barclays India to up manpower at wealth management division

British bank Barclays today said it will ramp up its manpower at the wealth management division here by up to 15 per cent this fiscal, even as gloomy economic conditions make the going difficult for its peers.

Private Client Resources announces strategic partnership with web-based wealth management firm

The agreement will allow financial advisors to seamlessly incorporate data on their clients' alternative investments into their financial plans and strategies.

Christie's Hong Kong Chinese Painting sales achieved $64,919,325

The sales of Fine Chinese Modern Paintings on Monday, November 26 and Tuesday, November 27 achieved HK$415,668,750

RBC Wealth Management net income up 16%

Royal Bank of Canada today reported record net income of $7.5 billion for the year ended October 31, 2012, up $1.1 billion or 17% from the prior year.

Quilter Cheviot raring to reel in the wealthy

His quest coincides with a rash of deals across the wealth sector, seen by investment bankers as offering them a greater chance of earning advisory fees than deals in the institutional sector, which have proved difficult to pull off this year.

Rothschild's Asia Branch Sets up Mainland Headquarters

Chen Zongsheng, deputy secretary general of the Tianjin municipal government, said Rothschild's mainland headquarters will boost the region's innovation capabilities in financial services.

Hong Kong’s affluent optimistic for markets over next six months

The confidence that Hong Kong’s aspiring affluent and affluent respondents have in tracking market changes means that they also feel more secure."

Digital Media The Key To Engaging The World's Wealthy - RESEARCH

The study, titled "The Futurewealth Report: The Digital World of the Futurewealthy," surveyed 3,477 respondents from across the world with an average $1.9 million in assets.

Pictet Draws Net Inflows From U.S. Offshore Clients Amid Probes

Pictet & Cie., Switzerland’s largest closely held bank, said it received net inflows from U.S. customers investing offshore even amid a Department of Justice probe of the Swiss private-banking industry.

Young philanthropists more interested in wealth gap than climate change

Just one in four wealthy Generation Y-ers believe climate change is one of the most important issues facing society

Bendigo to beef up funds management

We've developed a three-year plan which sees us double in size

Advisers pick open bonuses

''We are sceptical of short-term measures that are able to be controlled or manipulated by management as they may result in increased risk and not enhanced value for shareholders over the longer term.''

Swiss private bank inks wealth management deal with ANZ

ANZ Global Wealth and Private Banking CEO Joyce Phillips said: “This MoU is another step in bringing our super regional strategy to life in ANZ Private Bank.

Will Ashcourt Rowan's fine bring down the curtain on ‘old fashioned’ broking?

This follows the FSA’s decision to slap wealth manager Ashcourt Rowan with a £412,000 fine

Fiduciary Wealth signs up Platform One

Last month, Platform One unveiled a so-called “commission-friendly” service to appeal to non-UK advisers who prefer to continue to use the traditional commission-based remuneration model.

Coredata: Fifth of HNWs say advisers ‘over-engineer’ advice

Half of high net worth investors agree that financial advisers are experts in their field

SSgA forms joint venture in China

State Street Global Advisors Asia is awaiting regulatory approval to set up a joint venture to provide fund management for wealthy Chinese

Moving Sale: A Château on the Cheap?

Facing the prospect of hefty tax hikes, some wealthy French homeowners are racing to put their properties on the market—which can mean discounts for foreigners on a Provençal estate or Parisian pied-à-terre

Citi Private Bank Announces Partnership with Art13 London

"We're pleased to confirm Citi Private Bank's sponsorship of Art13 London, the first truly global art fair."

Wealth and Asset Management