Managers of Wealth

Vontobel to buy back 12.5 pct stake held by Raiffeisen

Raiffeisen was not immediately available for comment on the deal

The old guy behind the curtain - Eric Lascelles, chief economist of RBC Global Asset Management

The Bank consistently forecasts that inflation will be on target within two years; after all, if it did not believe that, it should change policy. But inflation was above target for four years and is now below it.

Facing price wars and robots, wealth managers push advice

This week at the Reuters Global Wealth Summit, "transparency" and "fees" were among the most popular words spoken by top wealth and asset management executives.

Sanlam employee benefits clinches top industry award

Every product we develop or service we introduce is sense checked against the needs of the intermediary

Super rich develop a passion for cars, wine and property

"All this type of luxury is part of the portfolio of a very rich person," said Manuela D'Onofrio, head of global investment strategy at the private banking arm of UniCredit

Time for Barclays to rethink its wealth strategy

If he really can’t bring himself to sell UK wealth, Jenkins should, at the very least, sell the Americas, where his brokerage business looks distinctly sub-scale and the Barclays brand, more than a little careworn.

Quilter Cheviot nominated for Charity Times award

The winners of the awards will be announced at an awards gala dinner and ceremony on October 22 at the Lancaster London Hotel.

Wealth managers look online to bolster advisory services

Zeltner added UBS was investing hundreds of millions of francs every year to improve its offering and was already planning a digital-only approach in China.

Dutch Bank ABN AMRO's Top Salaries Hike Plan Sends Wrong Signal

In an interview with the Financieele Dagblad newspaper on Wednesday, ABN AMRO chairman Gerrit Zalm – himself a former Dutch finance minister — said the plan aimed to “retain talent”.

Baoshang Bank launches online wealth management platform

Traditional banks are under huge pressure from the liberalization of interest rates

Santander eyes Latam migrant wealth in U.S. push

Spain's Santander is looking to tap a $140 billion pool of assets held by newly-arrived U.S. immigrants as it grows its private bank

HSBC opens a private banking office in Aberdeen

Alongside its London headquarters, HSBC Private Bank has offices in Birmingham, Cardiff, Leeds and Manchester.

Charles Stanley profits fall 33%

It said it is expecting "no liability" from the legal dispute

VP Bank warns on profit, cites declining interest rates

The declining interest rate environment in the first half of 2014 is putting pressure on the valuation of interest rate hedging transactions.

Liontrust assets hit £3.6bn on increased profits

Liontrust Asset Management has reported that assets under management rose 19 per cent to reach £3.6bn in the year to March 31 2014.

Accumulating family wealth

Malta also has gavelkind inheritance law as any person who has attempted to purchase a Maltese farmhouse will affirm.

Luxembourg assets under management reach record high

Luxembourg’s assets under management reached a record high of €2742bn in the first quarter of 2014.

Syz & Co launch flexible credit fund

Syz & Co has launched a fund which aims to provide a absolute return through a credit strategy combining European corporate bonds and flexible hedging of market exposure.

Private bankers say wealthy are holding onto cash

The world's richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into investing.

BWCI asks: "Can monkeys really beat the market?"

Occasional press reports of monkeys beating investment managers have not been taken seriously but rigorous academic study is indicating that there may be truth behind the story.

Wealth and Asset Management