10/02/2012

M&A on rise for wealth managers

Mergers and acquisitions in wealth management has maintained pace in the past 21 months with over USD9.42 billion being spent on deals involving HNW client funds.

10/02/2012

Barclays restructures its wealth management team

‘This ties into the firm’s ambition to integrate its core efficiencies and harness all resources across the business for the benefit of our clients,’ a Barclays spokesperson said in an accompanying statement.

10/02/2012

Wealthy to increase or continue charitable donations

The nationwide survey was conducted by mail from April to August. It is based on responses from 700 U.S. households with a net worth of more than $1 million, excluding the value of their home, and/or annual income of more than $200,000.

10/01/2012

Canaccord Completes Acquisition

Canaccord Financial has announced that its acquisition of Eden Financial's wealth management business completed today, following the approval by the UK's Financial Services Authority.

10/01/2012

Wealth management stagnates at Canada's big banks

Wealth management profits at Canada's big banks shrank or stagnated in the sector's third quarter, as market malaise and skittish investors again neutralized a segment expected to emerge as a future money-maker for the nation's big lenders.

09/30/2012

Real estate to remain key asset class for Asian UHNW

Wealth-X estimates in a new report that there are 11,730 ultra high net worth (UHNW) real estate investors in Asia with a combined net worth of US$1.9 trillion, of which US$250 billion is in real estate assets.

09/30/2012

Alexander Beard Group in Outsourced Investment Partnership

Cheshire headquartered international financial services firm, ‘Alexander Beard Group plc’, has entered a partnership agreement with London & Capital, to provide an outsourced, discretionary managed investment proposition for use by its UK-

09/30/2012

Impax AUM falls

The Board expects the Company's operating earnings to be broadly in line with market expectations.

09/30/2012

City Financial acquires Eden Financial AM

City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence, Investment Week can exclusively reveal.