Managers of Wealth

Bank J. Safra Sarasin establishes new policy structure to lead sustainability strategy

This will comprise of an internal Corporate Sustainability Board and a revised external Sustainability Advisory Council.

Now Is The Time to Invest In Technology that Enables Growth

Much of this expansion will come from high-growth regions such as South America, Asia, Africa and the Middle East. PwC predicts between 2010-2020

Canaccord Goes Global, Investors Take Notice

Strategy appears to be bearing fruit.

UK wealth management startup raises $32 million

The latest capital raise means the business has now attracted a total of $50m of shareholder investment.

Citi’s Asia client assets top the quarter of a trillion mark

This growth was driven primarily by an increase in new clients and net new funds across the bank’s full wealth continuum platform that serves clients ranging from the emerging affluent to the region’s billionaires.

Guernsey adds 113 new funds in 12 months

The GFSC approved four open-ended funds, 14 closed-ended funds and eight non-Guernsey schemes between the start of January and the end of March.

Julius Baer Asia Quest Demands High Energy From Collardi

In an industry dominated by executives in their 50s and 60s, Collardi was 34 when he became chief executive officer of the country’s third-largest wealth manager.

Tilney Bestinvest targets 25 financial planners for big regional push

The recruitment drive follows the hire of six wealth managers for Bestinvest’s regional offices in the first half of 2014.

Millennials Will Benefit From $15 Trillion Wealth Transfer and Most Don't Know It

The majority of wealthy Americans claim to be self-made, but the next generation will gain significant riches from inheritance as some $15 trillion in assets pass down family trees over the next 20 years.

A look at the world of private banking - the top-tier of banking accounts in SA

While South Africa’s banks ramp up competition to offer the most affordable banking account for consumers, the big four have not forgotten about their premium clients.

Bitcoin -- a Backdoor to Tax Evasion by the Ultra-wealthy?

To a cynic, the move could certainly be viewed as an effort to give the American, UK, and German banks that drive much of Jersey's bustling economy a new route to escape taxation.

Dubai to Host Family Business Global Summit 2014

More than 800 members from 50 countries expected to attend the first Family Business Network International event to be held in the Middle East

Swiss Private Bank UBP: Growth 'stronger than you think'

Global economic performance has been weaker than expected; nevertheless, financial markets were relatively unfazed by these developments, as central banks’ policies remain highly accommodative.

SA billions in Swiss banks

South Africa has over R36.5 billion stashed away inside the Swiss banking system, accounting for 0.23% of all foreign currency stowed in the country.

Enhanced Competency Framework for private wealth management practitioners

The Hong Kong Monetary Authority welcomes the launch today of an Enhanced Competency Framework for private wealth management practitioners in Hong Kong.

Former Morgan Stanley Private Wealth advise targets clients with £10m assets

The firm was formed last November and began managing money this year

HNW Investors Find It Harder to Unplug

About 15 percent say they sometimes check their messages, while only 3 percent say they never check them

Citigroup’s Asian Wealth-Management Assets Climb to $251 Billion

U.S. and European banks have been seeking to boost their wealth businesses in Asia

HSBC sells $12 billion of Swiss private bank assets to Liechtenstein's biggest bank

Those assets were held by clients in dozens of countries, including in central and eastern Europe, and some countries in west Europe, Africa and in Latin America that HSBC has deemed as not strategically important.

UBS, Credit Suisse hold bulk of Indian money in Switzerland

There are a total of 283 banks in Switzerland, out of which only two - UBS and Credit Suisse - have been classified as 'big banks' by Zurich-based SNB

Wealth and Asset Management