Managers of Wealth

HNWIs money’s should be invested globally, directly

Not being content with an SA fund invested abroad.

Nedbank Private Wealth stays ahead of the game

To be awarded the designation Chartered Wealth Manager, applicants must achieve a combination of high level qualifications, demonstrable maintenance of competence and the passing of the CISI ‘Integrity Matters’ test at the highest grade.

UBP Says Lloyds Monaco Unit Boosts Client Assets

As at 30 June 2014, UBP had posted net earnings of CHF 82 million

Half of investors say wealth manager fees still not transparent

Somewhat alarmingly, 50 per cent of investors receiving advice still don’t feel the fee structures are truly transparent.

Scots fund house will be sold to American investor

Active International Equity Specialist with Close to US$10 billion in AUM

Standard Chartered defends Peter Sands from attack

Chief executive Peter Sands is credited with devising the "Balti bail-out" that saved Britain's banks but is now under fire himself

Swiss private banking business changes hands

Details of the transaction weren’t disclosed.

Brewin Dolphin managed assets up 2 percent in June quarter

Continued growth of net external organic funds into our core discretionary service in line with our 5% per annum long term target. An additional 2% annualised growth in net funds due to successful conversion from advisory services.

Swiss Bank EFG Sets Aside $24 Million for US Tax Fine

“First-half results were adversely impacted by exceptional legal and regulatory expenses,” Chief Executive Officer John Williamson said in the statement. “I remain optimistic about the future, with the prospect of fewer distractions and

Leading private bank quitting the island

The international firm is pulling the plug on the provision of banking and wealth management services from the island.

Succession acquires eighth IFA

Succession has acquired a Halifax-based advice firm for £3m

Credit Suisse Posts Biggest Loss Since 2008 After U.S. Fine

Credit Suisse Group AG reported its biggest quarterly loss since the collapse of Lehman Brothers in 2008, due to a 1.6 billion Swiss franc (1 billion pounds) charge taken following a May settlement with U.S. authorities over tax evasion charges.

HSBC Premier awards its communication mandate to L&K Saatchi & Saatchi

HSBC has awarded its communication mandate to L&K Saatchi & Saatchi for the re-launch of its Premier offering in India.

Singapore set to overtake Switzerland as world’s largest wealth management hub: report

Bankers are in very great demand.

Arbuthnot pre-tax profits up 368%

Pretax profit rose to 9.5 million pounds from 2 million.

Arbuthnot agrees sale of structured product business

Arbuthnot Banking Group has agreed to sell its structured product business by the next quarter of the year.

Why Financial Advisers Have a Failure to Communicate

Investment pros try to impress their clients with jargon, but the message isn't getting through.

Cantor Fitzgeraled seeks global bolt-ons

Cantor Fitzgerald is looking to “aggressively” bulk up globally across asset management and investment banking, with the US brokerage setting its sights on acquisition targets on both sides of the Atlantic.

Natixis To Fund Research On Investing

The project, to be conducted by the Massachusetts Institute of Technology, will focus on investor behavior and the personal benchmarks investors set.

Julius Baer Buys Bank Leumi's Swiss Private Bank

The most recent deal wasn't widely anticipated

Wealth and Asset Management