Managers of Wealth

F&C Asset Management H1 Net Loss Narrows

Net Revenue for the first half of 2012 declined to 120.6 million pounds from 137.0 million pounds reported for the same period last year.

H&R Block Tax Mogul to Leave Fortune to Family Foundation

Mr. Bloch, who tied for 39th on last year’s Philanthropy 50 list of the nation’s top donors, said the dollar amount of contributions to the foundation would remain private for now but that it would ultimately rank among the region’s larg

Switzerland loosens grip on the wealth management sector

But the strategy for success is not always straightforward, and now a number of regional players have come to the fore looking to challenge Swiss dominance in this field.

Urquhart Stewart: Family-focused IFAs to thrive post-RDR

The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J

Australian Trustees forms Private Wealth Solutions business

Burns said the new division would come into effect from the beginning of August.

Wealth management industry not sufficiently in tune with the needs of young investors - research

More than 1,000 US investors surveyed reveal convenience and online tools are key reasons for Gen-Xers and Gen-Yers to shift assets between financial institutions

EFG International to sell Canadian subsidiary

EFG acquired the Wealth Management Group of Companies in 2007

Schroders urges Barclays to shrink investment bank in Agius letter

According to a letter seen by the Sunday Times, the asset management firm, one of the top 10 shareholders in the bank, said now is a great time to change the bank’s strategy.

Dubai Billionaire Staying Away From European Banks

But after the bank decided to cut its dividend, Al Habtoor felt it was time to go.

UBS posts 58 pct second-quarter net profit drop ‎

In challenging conditions marked by increased volatility and greater client caution, UBS continued to execute its strategy and to deliver on its enduring commitment to clients, achieving pre-tax profit of CHF 951 million.

Deutsche Bank earns sag on crisis volatility‎

"The European sovereign debt crisis continues to eigh on investor confidence and client activity across the bank."

Erste Group Bank 1st Half Net Profit Down 13%

Risk costs rose 6.6% from EUR 920.8 million in H1 2011 to EUR 981.8 million in H1 2012, or to 146 basis points of average customer loans.

Ashcourt Rowan halves losses as restructuring pays off ‎

Wealth management service provider says £400,000 underlying profit has “reversed a trend of deteriorating profitability”.

UK Wealth manager eyes discretionary offering in HNW push

"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao

Fidelity Worldwide makes more moves on board pay

The move is another advance for the growing move to curb excessive pay, as most company incentive schemes allow for shares to be sold after one to three years.

World’s Richest Gain $15.2 Billion as Global Markets Rise

The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose on speculation that Europe will move to ease borrowing costs in Italy and Spain.

Passive investing has an active role to play in client portfolio construction - Research

In the past, most advisers have recommended actively managed funds that seek to outperform stock markets through research and careful selection of stocks.

FTSE remuneration chiefs believe pay is too high - survey

The majority of executives who set the remuneration of directors running Britain's top companies believe salaries and bonuses are too high, The Sunday Times reported, citing a survey by management consulting company Hay Group.

Charities manager calls for fresh approach

Mr Maitland has been assisting in that education for the past 16 years, partly via the Compendium of Investment he and his team compile.

Sarasin H1 Profit Falls 27%

Bank Sarasin & Cie AG Monday said profit in the first half of the year declined over 27 percent from last year, amid lower asset base and cautious client investment activity against the backdrop of the debt crisis in Europe.

Wealth and Asset Management