Managers of Wealth

Brooks signs strategic partnership with accountancy firm

Brooks Macdonald Asset Management has signed a strategic partnership with accountancy and financial services firm Reeves.

Wealth Management Trends - The Good, The Bad & The Ugly

2013 was a mixed year for the retail wealth management business, with positive highlights such as increases in assets under management, revenues and production hiding some disturbing underlying trends.

Barclays sees key shareholder vote against pay policy

Standard Life Investments, a key institutional shareholder, has voted against Barclays' plan to award higher bonuses despite a 30% fall in profits.

Gottex client assets increase to USD8.6bn

Combined fee earning assets were up 14 per cent during the quarter when excluding platform assets, primarily as a result of client subscriptions, particularly in advisory mandates.

Tech giants pose threat to fund houses

Most individuals present at the dinner struggled to resolve the issue of how the fund industry can promote itself to the millions of people under the age of 40 who have little or no understanding of what a fund manager does.

Praemium confirms integration strategy

Integrating its three key products to build a complete wealth management solution.

Sanlam mulling launch of D2C proposition

National advisory firm Sanlam Private Wealth intends to launch a direct-to-consumer investment platform

Two HighTower Managing Directors Named To Barron's 2014 List Of Top 100 Advisors

HighTower is an industry-leading financial services firm

Merrill Lynch Wealth Management sets new $8 million bragging target for its top brokers

The new "Pinnacle Club" will pay its members $10,000 in cash

French banking major gears up for India push

French banking major is keen to push growth of its asset management business in India, which it sees as one of the most promising among the key emerging markets in its portfolio.

Impax wins Queen’s award

Over 10 years, the NAV per share of IEM has grown by 9.9% per annum on average, a significant outperformance versus the MSCI All Countries World Index which has increased by 8.0% over the same period.

Singapore is a Good Place to Set up a Trust

Singapore offers all that and more, including a legal framework which facilitates trusts as well as licensed trust companies to be established.”

Coutts Expands Middle East Advisory Board

Coutts' Middle East Advisory Board was created in October 2013 to help broaden and shape the firm's ambitious plans, aiding hiring and driving performance by strengthening client relationships. The Board continues to meet twice a year to provide

High net-worth Omanis target of US immigrant visa programme

The United States of America is attempting to woo High Net-worth Individuals from Oman through its employment-based immigrant visa EB-5 programme.

IBQ Wins Private Bank of the Year in Qatar Award

International Bank of Qatar was recognised with the "Private Bank of the Year-Qatar" award by the International Banker 2014 Banking Awards for the Middle East.

Where wealth managers can rent an ‘entire back office'

The wealth sector is gripped by merger mania as advisory firms jump into each other’s arms to deal with rising costs and regulatory challenges.

EFG launches Swiss equity fund under award-winning Urs Beck

EFG Asset Management has launched a Swiss-focused equity vehicle

Platform Focus: Skandia

The feedback we heard from advisers was positive from those looking for an “all-in-one” solution – an investment onesie if you will.

Brooks Macdonald sees assets climb 4.2% in Q1

The wealth manager had £5.92bn of discretionary funds under management at the end of March, compared to £5.68bn at the end of 2013. New business accounted for £215m of the increase, while performance added a further £30m.

Aberdeen co-founder takes wealth firm public to fund acquisitions

Based on the Theoretical Post Consolidation Price, the Acquisition values EWMG at approximately GBP13.45 million with the value of the Total Consideration being approximately GBP7.1 million.

Wealth and Asset Management