Managers of Wealth

European Wealth makes double acquisition

European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.

Swiss Banking Refuge Brings No Solace to Espirito Santo Clients

When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them.

Wealth managers look to boutiques in hunt for quality active management

The survey of UK 80 wealth managers and multi-managers, conducted in September and October this year, found 95% were positive about boutique investing, and 41% said they plan to increase their asset allocation to boutiques in the next 18 months.

Pictet eyes ‘increasingly attractive’ EM currency bonds

The bonds have been hit hard in recent years due to a general weakening in emerging market currencies, many of which have lost a substantial amount of value relative to developed world currencies.

How the wealthy are positioning their portfolios

I’ve found high-net-worth (HNW) individuals to be generally ahead of the curve when it comes to investing.

Merrill Lynch 'goals-based' accounts to reach $200 billion milestone

Consultant says the wirehouse's overhaul of its managed accounts platform fits “fiduciary era”

Wealth Management is Good for Banks

Fitch Ratings has released a statement saying that U.S. banks are moving in the right direction expanding their wealth management divisions and offerings.

Swiss Private Bank to invest in Israeli startups

The bank seeks new opportunities for the affluent clients of its wealth management business

Puilaetco Dewaay to buy UBS private bank in Belgium

The Swiss bank manages more than 3 billion euros in assets and employs 60 staff, including 20 private bankers

Russia and France: Shifting Perspectives

In the recent past we have seen dramatic changes in the tax environment potentially affecting Russian and French private clients with wealth outside their home territories.

UBS says has 86.55pc of shares tendered so far in share swap

UBS launched the share-swap programme in September.

Swiss private bank restructures insurance-linked securities operations

To provide a clear separation between the actively managed ILS fund management work,

Clarkson Wayman Ball outsources investment to Brooks Macdonald

Clarkson Wayman Ball managing director Graham Clarkson says the firm’s clients benefit from his team’s skills and services, but the better investment management expertise of Brooks Macdonald will improve the IFA business further.

Investors flock to Las Vegas to hear pitches from marijuana companies

More than 200 high net-worth investors have descended upon Las Vegas to hear pitches for marijuana companies hopeful to cash in.

US Banks' Shift to Wealth Management Generally Positive

Efforts by many US banks to offer more wealth-management capabilities are generally positive for diversifying earnings and increasing revenue per customer, as growth in core bank products remains tepid and net interest margins compressed

Barclays "Wealth Manager of the Year" in the Middle East

In recognition of its continued leadership in the Wealth Management industry in the region, Global Investors named Barclays the Wealth Manager of the Year in the Middle East.

Today's wealth management firms are casting a wider net

Wealth management is an industry much changed from years passed.

The master who teaches the Merrill herd to graze on wheatgrass and chia

A wellness guru who has gained influence under John Thiel's leadership of Bank of America's Merrill Lynch wealth management business.

Private Wealth Latin America and the Caribbean: A Forum

Two days of panels, discussions and networking were well attended by industry representatives from family offices, asset management firms, hedge funds, private equity and domestic and international banks.

Sands prepares to pitch to StanChart investors

Shareholders will be looking for more reassurance that the bank’s new structure will deliver cost savings and growth.

Wealth and Asset Management