Managers of Wealth

A tougher game

Small updates on the precarious art of wealth management

UBS' Kelvin Tay comments on investment prospects in MENA

Unique challenges

How ‘best wealth manager’ lists mislead you

Assets under management are largely meaningless in helping you pick a professional

Salamanca launches multi-jurisdictional private office division

Established in 2002, Salamanca provides services in investments, advice, corporate risk services, business intelligence and investigations, and private office.

Meet London's longest-serving private bankers

Many bankers today weren't born before Big Bang, let alone worked through it.

RHJ International completes conversion of co-investors' interest in Kleinwort Benson Group into RHJI shares

RHJ International today announced that it completed the conversion of the co-investors' interest of 35.13% in Kleinwort Benson Group into RHJI shares.

London-based wealth management firm to charge percentage of profit

The new pricing regime has been implemented after the company had achieved maximum investment growth for clients over the past two years by investing in top-performing funds.

How experienced investors view their wealth

The main reason for this, is that specialist wealth managers, tend to have a flat structure

UBS launches 50th anniversary in Asia celebrations

To commemorate the 50th anniversary, UBS Singapore announced the launch of the UBS Singapore Youth Academy

‘Dinosaur’ Private Banks Losing to Startups, ABN Amro Exec Says

Digital financial companies are increasingly poaching clients

Walker Crips eyes acquisitions and regional expansion in centenary year

‘There are obvious gaps in our branch network. We are not going out aggressively to fill those gaps, but we will be opportunistic.’

Wealth managers take profits after frontier markets reshuffle

Fund buyers are taking profits in frontier markets after the recent reshuffle of constituents and a strong run of performance.

UK mortgage clampdown threatens to put squeeze on rich buyers

James Fleming, Arbuthnot Latham chief executive, said the proposals would have “a disproportionate impact on smaller specialist lenders and would restrict us from being able to provide some elements of our banking services which are important to our

Banks can't sell wealth divisions: Perpetual

The major banks are stuck with their wealth management arms whether they like them or not, argues Perpetual Investments group executive Michael Gordon.

Net Promoter Score confirms Private Bank’s standing with its clients

The Net Promoter Score is a loyalty metric which gives an indication of how clients represent a company to their family, friends, colleagues and associates.

Lombard Odier in £2.7m legal row with ex-London hedgie

He is said to be looking for £2.7 million in compensation in relation to the management of a $500 million hedge fund, LO AOG Energy.

Old Mutual Wealth scraps Skandia brand

The company’s offshore investment business Skandia International will be rebranded to Old Mutual International early next year.

Societe Generale gears up for Rugby World Cup 2015

With one year until Rugby World Cup 2015 kicks off, Societe Generale celebrates its role as the tournament’s official sole bank sponsor.

Swiss private bank eyes Coutts international arm, wary of bidding war

Swiss private bank is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm

Rise of the new private banking clubs

Some banks still operate that way, but high street brands have also entered the market, offering “premier banking” and a relationship manager.

Wealth and Asset Management