12/17/2013
New expat account and investment facilities for UAE expats
In the five years since the collapse of Lehman Brothers led to the global economic crisis the number of expat bank accounts have shrunk, most notably in the UK.
Wealth and Asset Management
12/16/2013
BNY Mellon Introduces Fee Management Service for Asset Managers
The offering, serviced through BNY Mellon's transfer agency group, has been designed to help asset managers understand the services they are receiving for the fees they pay to broker-dealers.
12/16/2013
Bankers Expect 44% Rise in Bonuses
The average bonus for managing directors, the level just below the board, is predicted to increase to £167,000 in 2013, up from £116,000 in 2012.
12/16/2013
Super-Rich bet On Emerging Markets, Agriculture and Private Equity
Those surveyed say equities – led by emerging market equities, favoured by 27% of respondents – agriculture, and private equities are expected to be the best performing asset classes, while cash and government bonds are forecast to do least we
12/16/2013
Lombard Odier in fresh assault on UK retail market
Nine of its Luxembourg-based funds are now available to UK investors in sterling shares, including the top-performing Lombard Odier Technology fund and the $835m Lombard Odier Emerging Consumer fund.
12/16/2013
Wealth management industry mergers surge
Global wealth management M&A activity quickens as valuations dip; in 2013 nearly USD0.76 trn in HNW assets changes hands through deals.
12/16/2013
Several Swiss Cantonal Banks to Join U.S. Tax Deal
Several Swiss regional banks said on Monday they would cooperate with U.S. officials to avoid prosecution in a crackdown on Swiss lenders suspected of helping wealthy Americans evade taxes through offshore accounts.
12/15/2013
Cyber criminals steal millions via wealth managers
“It’s scary. Wealth managers are being used to get millions of dollars. I have seen six of these [thefts] in the four months I have been here"
12/15/2013
Wealthy investors keep faith in London
Fleming Family & Partners (FF&P), a family wealth manager and adviser, surveyed 90 people
12/15/2013
RBC Wealth Management is named principal sponsor for Masterpiece London
The leading international art, antiques and design fair, Masterpiece London, today confirmed signature of a principal sponsorship deal with RBC Wealth Management
12/13/2013
Where Investors Obtain Wealth Management Services
Brokerage firms often provide wealth management services to affluent investors.
12/13/2013
Wealth manager to provide highly-personalised service
Former private banker Nick Parker has launched a wealth management business that will cover London and the southeast of England.
12/13/2013
Ashcourt Rowan to buy UK Wealth Manager for £14m
The Acquisition, which is subject to regulatory approval from the FCA, will create a leading UK wealth manager with a national footprint offering high quality financial advice and investment solutions to individuals and corporates through its network of 1
12/13/2013
Ashcourt Rowan underlying earnings more than double
Ashcourt Rowan, the UK wealth management group, has announced its Group audited results for the six months ended 30 September 2013.
12/12/2013
INSEAD offers Advanced Asset Management programme in Singapore
INSEAD has added a new programme to its executive education finance portfolio, launching in Singapore in June 2014.
12/12/2013
Barclays Wealth hands digital brief to DigitasLBi
Barclays Wealth and Investment Management is understood to have appointed DigitasLBi to work on it a digital marketing brief.
12/12/2013
Abu Dhabi broker to launch asset and wealth management firm in UK In 2014
The firm is also planning to launch an asset management and wealth management business next year.
12/12/2013
Winners of the Jubilee SPEAR'S Russia Wealth Management Awards Announced
Promsvyazbank won the "Best Russian Bank in the last five years" award while URALSIB | Private Bank was recognised as the Best Russian Bank offering private banking and wealth management services. Alfa-Bank proved to be the most innovative among
12/12/2013
Private Bankers Fear Volcker Rule Impact On HNW Offerings
Private fund offerings to the wealthy are likely to shrink as a result of Volcker Rule guidelines approved Tuesday by the federal financial regulators, acording to some financial industry officials.
12/12/2013
City Bonus Cut Leads to Drop in Average Pay in London
Huge falls in City bonuses dragged average London pay down by more than 2 per cent last year.