Managers of Wealth

Wealth effect may one day stop being so great for wealthy, says wealthy person

Schwarzman’s gratitude is appropriate.

Singapore Yacht Show And Wealth-X Announce Knowledge Partnership

The partnership will extend to joint presentations both in Asia and Europe on the opportunities for yachting companies to capitalise on fast growing private wealth and changing tastes in Asia.

Edmond de Rothschild IP raises €300m for new fund

Edmond de Rothschild Investment Partners says it has raised €300m from institutional investors in less than a year for its Winch Capital 3 fund.

British Virgin Islands targets rich mainland Chinese

Territory wants to attract those seeking helpin succession planning and setting up trusts

Jersey funds business back to £200bn mark

The latest figures for all sectors of Jersey’s finance industry show stability and signs of new growth, led by the funds sector where the value of funds business passed through the £200 billion mark for the first time since June last year.

Raiffeisen Asset Management profit up 50% in Romania in H1

In this period, the company’s revenues from management of investments amounted to RON 33.7 million (EUR 7.5 million), over the results posted the year before.

Quilter Cheviot rejects £600m Old Mutual bid as Investec lurks

A flurry of deals has been accelerated by regulatory reforms known as the Retail Distribution Review, which have altered the way that wealth managers are remunerated for their work, shifting from a largely commission-based system to one predicated upon th

After Merill Lynch merger, Julius Baer grows in Lebanon

The group noted in its presentation that the integration of Merrill Lynch’s international wealth management business entered its final phas

ABN Amro rises again

Singapore's oldest surviving bank says Republic is critical to its growth

The GCC continues to be a standout region for wealth creation

Some of these newly affluent clients are the product of market performance and the broader impact of GCC economic growth. Others are Arab, Asian and Western expatriates. This is driving overall demand for basic investment services and financial planning,

Growth Capital: Nutmeg - tech take on wealth management that lets you start with just £1000

It’s heartbreaking to see how antiquated the wealth-management industry is

Tilney Bestinvest finalises charity team plans

Company chief investment officer Gareth Lewis will have a strategic oversight role in investment strategy.

Stockbroker snaps up private wealth unit

The land grab continues among the stockbroking community.

Credit Suisse combines Europe private bank

Significant progress has been made in solving legacy cross-border tax matters with the aim to finalise by the end of 2015

No more secrets - Swiss banks learn to shape up, not shut up

The key paradigm shift is that, in the old days, Swiss private banking imported clients

Private bankers link training to take-up of funds

The structure that has been put in place to promote funds has been quite successful

No more secrets - Swiss banks learn to shape up, not shut up

Switzerland's allure as a place to stash cash has been badly damaged by a U.S.-led campaign against tax cheats, and the country's roughly 140 private banks can no longer rely on a reputation for secrecy to attract wealthy customers.

HSBC Private Bank moves Swiss trust business to Jersey

The bank will retain Swiss-based trust front offices in Geneva and Zurich, as HSBC Switzerland is a key international booking centre for its global private banking operations.

Bob Diamond venture pays $270m for Africa bank stake

Atlas Mara ups stake in Union Bank of Nigeria to 29.9pc as it attempts to profit from African growth

Scotiabank Realigns Global Wealth & Insurance to Take Business Closer to Customers

Insurance Canada and International Insurance will be realigned to the Canadian Banking and International Banking Business Lines respectively.

Wealth and Asset Management