11/12/2013
EFG International comments on business performance
During the third quarter, EFG International tied up most of the remaining loose ends from its business review, including the sale of its Canadian business (neutral in P&L terms).
Wealth and Asset Management
11/12/2013
Liontrust's profits surge by 326% as inflows spike upwards
Assets under management reached £3.4 billion at the end of September, up from £2.4 billion year-on-year with the £315 million net inflow a massive surge from the £189 million it attracted in the same period last year.
11/12/2013
Marketing to HNW clients
Most private banks do not offer a comprehensive financial planning service. Solutions tend to be purely product or investment-led, with little regard for the client’s long-term financial plan.
11/12/2013
UBS Seeks More Cooperation Between Investment Bank, Wealth Management
The presentation comes as the unit attempts to earn $1 billion in annual pretax profit, a benchmark Mr. McCann set in 2010. It hasn't accomplished that yet, but it is getting closer:
11/12/2013
Chase de Vere moves into the HNW market
National advisory firm Chase de Vere has created a specialist division to service high-net-worth individuals, promoting Darren Pearce as head of the team.
11/12/2013
New Book Offers Seven Imperatives For Successful Family Wealth Management
The successful management of family wealth has always been a challenge, even in the best of times.
11/12/2013
DeVere’s Green expanding Acuma operation into HK
The DeVere Group’s founder and chief executive is to expand the Acuma wealth management operation he bought earlier this year into Hong Kong next week
11/12/2013
GCC Has 61 Private Banks – New Report
Almost half of them 31 are International Banks, all located in Dubai, says study by Insight discovery.
11/11/2013
Smith & Williamson wins Citywire Performance Award for Steady Growth
Smith & Williamson ranks among the top ten independently owned wealth managers* in the UK, with over £14 billion of funds under management and advice (as at 30 September 2013).
11/11/2013
Nedbank aims to double Mideast client base by 2014
Nedbank Private Wealth is aiming to double its client base in the Middle East over the next year, with plans also afoot to expand into Asia
11/11/2013
Barclays Says Swiss Bank Is Vital for Wealth Management Unit
The Geneva-based unit isn’t profitable
11/11/2013
$900 Million Wealth Management Team Launches Fusion Family Wealth
All of our clients benefit from the scale of the Dynasty Network.
11/11/2013
Big Bonuses in Good Times Help Goldman Cut Pay in Bad Times -CEO
Goldman Sachs Group Inc can cut pay dramatically and maintain staff when times are tough because it pays so well in good times,
11/10/2013
Wealth and Discretionary Managers Drive Equity Fund Sales
Pridham Report says bumper equity fund sales down to wealth and discretionary managers after mass market ‘falls into advice gap’.
11/10/2013
The Cogs Driving the Investment Engines in UK Wealth Management
We have trawled the sector to identify the individuals with significant influence over fund selection processes at their companies.
11/10/2013
Standard Chartered cuts target as growth slows and regulation bites
Standard Chartered has been one of the best performing banks over the last decade, trebling in size and delivering compound annual income growth of 15 percent
11/10/2013
KPMG survey: Swiss banks need twice the AUM
The KPMG study was carried out jointly by KPMG and the Institute of Management at the University of St Gallen, and was based on a combination of interviews and an online survey.
11/10/2013
Top Talent Still Scarce in Wealth Management
When it comes to high-level wealth management talent, it’s still a seller’s market.
11/09/2013
Swiss banks on course to reinvent themselves
Banks such as Lombard Odier and Pictet have led the transformation
11/07/2013
Van Lanschot posts modest net profit
Client assets grow to € 51.8 billion