07/07/2014
Hyde Park Barracks inspected by Abu Dhabi wealth fund
Middle Eastern investors show interest in the home of the Household Cavalry
07/07/2014
Hyde Park Barracks inspected by Abu Dhabi wealth fund
Middle Eastern investors show interest in the home of the Household Cavalry
07/07/2014
Julius Baer sees significant growth during 20th year in Guernsey
As a result of the increased business coming from the group, the Guernsey branch has implemented an expansion plan which includes additional recruitment.
07/07/2014
It is no surprise that the clients of wealth managers tend to be wealthy people.
07/07/2014
Goldman muscles in on Europe’s private banks
Goldman Sachs is expanding its European wealth management business to offer loans to rich clients in a move that is taking it further into the domain of centuries-old private banks in Europe.
07/07/2014
Deutsche Bank’s asset management arm is planning to double the number of financial professionals it employs in London to 600 over the next five years.
07/07/2014
Morgan Stanley wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across the bank.
07/07/2014
Asia is now home to more high net worth (HNW) individuals (those with more than US$1 million in investable assets) than any other region.
07/07/2014
Today’s financial environment gives UK investors great flexibility over their pensions and savings
07/07/2014
Businesses and families developed differently in Africa
07/07/2014
RBC Global Asset Management Inc. today announced June net sales of $673 million. Long-term funds had net sales of $804 million and money market funds had net redemptions of $131 million. Assets under management increased by 1.7 per cent.
07/04/2014
Here’s Why Morgan Stanley Is In Two Minds About Cutting Brokers’ Pay
The move is a part of CEO James Gorman’s organization-wide cost cutting plan which targets a compensation ratio of 55% for the wealth management business – down from the division’s reported compensation ratio of 60% in Q1 2014.
07/04/2014
European Wealth increases FUM
European Wealth's funds under management and influence grew by 24.2% to around £0.82bn in the six months to the end of June.
07/04/2014
Succession and Vestra launch on-platform DFM
National adviser company Succession has teamed up with Vestra Wealth to offer an on-platform discretionary fund management service for its advisers, Simon Chamberlain has confirmed.
07/04/2014
Gemini Wealth Management makes 7th acquisition
This takes the total number of acquisitions and recruitments to 7 since its inception in December 2006.
07/04/2014
Private banks in Singapore see AUM growth
A recent report by PwC estimated that AUM in the Asia-Pacific region will more than double, between 2012 and 2020, to hit more than USD16tr, and the two Singaporean banks aim to benefit on this.
07/04/2014
New Goldman Sachs fund takes aim at European high yield
GSAM’s corporate credit investment team also manages the Goldman Sachs Global High Yield Portfolio
07/04/2014
Luxembourg seeks increased financial cooperation with Singapore
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
07/03/2014
This was down from £302 million in the same period last year, although £179 million of that figure was down to the launch of its credit strategy.
07/03/2014
The awards took place at a prestigious ceremony held in London and were judged by a panel made up of senior industry executives and editorial staff at Private Banker International.
07/03/2014
Berenberg Expands Chief Investment Office
“We are very glad that we have gained another three renowned and respected experts. With their experience and expertise in the capital market, they will drive forward the development of our CIO-Office,” said Stefan Keitel, Global Chief Investm