04/15/2014
Investors planning to raise European fund exposures, says ML Capital
ML Capital Asset Management is reporting high levels of demand for both European and US long/short equity funds this quarter, with a healthy swing towards UK equity strategies.
04/14/2014
Switzerland’s largest private bank fears Swiss immigration move
Switzerland’s largest private bank has denounced the recent Swiss referendum on restricting the number of immigrants from the EU.
04/14/2014
Sasfin Bank on the prowl for wealthy individuals to boost profile
It will offer clients a transactional account that they can manage via online banking, debit card and mobile banking. The transactional offering is likely to serve as defensive mechanism for Sasfin.
04/14/2014
He was recently chosen as the most influential figure in wealth management by the readers of WealthManagement.com.
04/14/2014
Rich pickings for banks as Asian wealth expands
UBS announces plans to grow in wealth management segment as competitors also vie for a piece of the pie
04/14/2014
BAHAMAS: RBC announces layoff plans
The move is part of an effort to cut costs, improve efficiency and give better customer satisfaction, according to Nathaniel Beneby Jr., RBC Royal Bank's managing director in The Bahamas, Cayman Islands and Turks & Caicos Islands.
04/14/2014
S&C GlobeOp Hedge Fund Performance Index: March performance -1.03%; Capital Movement Index: April net flows decline 0.48%
04/14/2014
In a statement, the AIM-listed wealth manager said the acquisition increases pro forma discretionary funds under management by GBP360.0 million to GBP6.04 billion.
04/14/2014
he new Irish business of Julius Baer, which is understood to employ about 10 people, will be run as a branch of Julius Baer International Limited based in London, and cooperate closely with the parent company. The offices will continue to be located in Ce
04/14/2014
Independent wealth manager acquires online wealth platform
Isle of Man-based company supports the international adviser community through an open architecture platform which offers funds, direct equity holdings, structured products and various other investment instruments.
04/14/2014
Former Iveagh CIO joins ex-footballer's wealth firm
The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year.
04/14/2014
Dogged by its failure to pass the Federal Reserve’s latest stress test and investigations of fraud at its Mexican unit, Citigroup reported some good news on Monday: first-quarter profit that beat analysts’ expectations.
04/14/2014
ARGENTINA: Offshore wealth clocks in at US$300B
Argentines’ assets abroad have grown 250 percent in the last 20 years, report
04/14/2014
Money Marketing understands Old Mutual is in discussions about the possibility of acquiring the remaining 50 per cent share from Henderson, though no firm decision is thought to have been made as Old Mutual is considering a number of options.
04/14/2014
Thurleigh founder Charles MacKinnon says the decision to merge with Ingenious Asset Management was driven not by concerns over profitability but rather a long-term view on regulation.
04/11/2014
UBS Wealth Management Is Expanding in Asia, Emerging Markets
UBS, the largest Swiss bank, hired 88 advisers this year
04/11/2014
Schroders has been through a major period of innovation, led by Matthew Oakeley, who describes the journey
04/11/2014
200-year-old private banking group targets Asia growth
In its push the bank has made six senior appointments in Asia, doubling its team of relationship managers to 12, with plans to employ three more people by the end of this year.
04/11/2014
The number of outsourcing IFAs increased from 42% in 2012, and Fraser Donaldson, Defaqto insight analyst for wealth management, believers the figure is climbing again in 2014.
04/11/2014
The firm said the fund will operate with a bottom-up stock selection process