02/04/2013
LGBT wealth management service launched
LGBT Capital and Financial Partners has announced the launch of LGBT Wealth, the first Wealth management operation focused on the LGBT community in Asia.
Wealth and Asset Management
02/04/2013
Pictet, Lombard Odier both set to switch structure to corporate partnerships
Both Pictet and Lombard Odier have announced they are to change their legal structures to corporate partnerships or "société en commandite par actions de droit suisse".
02/03/2013
Number of millionaire Brits hits 13,000 despite recession
New figures show the number of Britons earning at least £1million a year has increased to 13,000, thanks to the coalition government’s April tax cut, local media reported.
02/03/2013
Quilter Cheviot in search for new premises
NEWLY merged fund management firm Quilter Cheviot is searching for larger office space in Liverpool
02/03/2013
Schroders launches multi-asset Wealth Preservation fund
Schroders has announced the launch of Schroder ISF Wealth Preservation USD, a new fund which will offer investors a simple-to-understand, flexible investment vehicle which aims to preserve and grow savings under all economic conditions.
02/03/2013
Julius Baer profits jump 15%
Assets under management (AuM) increased by 11% to a new record high of CHF 189 billion.
02/03/2013
SA Wealth Worries survey reveals global economy fears
Global payments technology company Visa today released the results of its first annual Wealth Worries Survey 2013
02/03/2013
UK's wealthy investors pile into US real estate
In many cases investors have almost double in US real estate compared to what they have in other alternative investments
02/03/2013
Funds under management at Rathbones’ Bristol office breaches £1 billion
The office provides a range of investment services for almost 5,000 clients.
02/03/2013
Thai banks lure Asia's wealthy
As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians has been rising
02/03/2013
AWD picks Standard Life Wrap for HNW clients
The move will see high-net-worth clients with investable assets of £375,000
02/02/2013
And We're Back! Dow 14,000 Fuels a New Wealth Boom
The next American wealth boom has officially begun
02/02/2013
Switzerland shifts gold off the books in preparation for Basel III
Now, Pictet has decided enough is enough…
01/31/2013
Focus Strengthens New York Presence with Addition of The Portfolio Strategy Group
“Through our partnership with Focus, our clients are reassured that we will maintain our culture and rigorous investment management process for the long term."
01/31/2013
Brazil approves UBS' planned takeover of local brokerage Link
Took place almost three years ago.
01/31/2013
Banking & Payments Asia: China’s UHNW population growing fast
Each UHNW individual in China is expected to spend $570,000 on average on luxury items and private jet ownership in China is expected to double this year.
01/31/2013
Morgan Stanley boosts CEO salary, eyes higher returns
Gorman's total pay for 2012 fell 7 percent to $9.75 million, the bank said in a regulatory filing Thursday, putting him on the lower end of the range for big banks that have reported figures so far.
01/31/2013
Charles Stanley aims for second spot in platform market
Mr Yearsley, who formerly worked at Bristol-based Hargreaves Lansdown, said Charles Stanley’s new platform will be a success if it moves up to second position in the market in the next few years.
01/31/2013
Millionaire Confidence Hits 2-Year High
“The Millionaire Outlook rose for the second consecutive month, driven by an increase in confidence in the economy,” Spectrem said.
01/31/2013
UBS to boost wealth managenment business in China
"China, as one of UBS' most important markets, will continue to be key for our new strategy," Weber said during his first visit to China after becoming UBS chairman last year.