Managers of Wealth

Wealthy Swiss Hoard Cash, See Doom for Euro

In Switzerland, 58 percent of private banking clients have lost confidence in the financial system. Forty-four percent worry about inflation.

Lombard Odier to Meet Target as Swiss Banks Lure Spanish Funds

Client inflows will at least match last year’s 7.2 billion Swiss francs ($7.4 billion), helping to maintain profitability, Droux said in an interview in Solothurn, Switzerland. The bank is targeting 7 billion to 8 billion francs, he said.

Wealth products lose appeal amid falling inflation

Banks saw their wealth products become much more popular last year after the inflation rate began to outpace deposit interest rates by the greatest distance seen in three years. That trend is continuing this year.

Credit Suisse Upbeat on Profits ‎

Further to its statement of last Friday and in response to media reports about its second quarter financial performance, Credit Suisse informs that it expects based on quarter-to-date information to be profitable at the Group level and in all its division

Rockefeller Asset Management Becomes A Signatory To United Nations Principles for Responsible Investment

The Firm remains well-recognized in the investment community with an internal team of professionals dedicated to its efforts in the area.

Nicola Wealth Management Launches NWM Private Equity Fund

To date, the Fund has attracted strong interest from existing investors and clients who are new to the firm.

Brewin launches portfolio service for smaller clients

The firm said this would be aided by an internal platform, developed by SEI, which has been designed to handle volume.

Navigating the euro crisis from Monaco

Top asset managers from around the world gathered in Monte Carlo this week to discuss how to handle their business in the midst of a sovereign-debt crisis they expect could last for several years.

Heartwood shows £95m uplift in new funds ‎

Wealth management firm Heartwood has boasted another year of strong growth in its core discretionary assets, with an £94.8m of net new funds and funds under management hitting £1.46bn.

Charities Still Love Wall Street Bankers

The master of ceremonies made a mistake as he named John Thain one of the year’s best dads, introducing him as the chief executive officer of Citigroup.

Credit Suisse and the loneliness of the long-distance chief executive

Credit Suisse chief executive Brady Dougan is a marathon runner, not a team-sport aficionado, but he probably knows enough about the dynamics of sports franchises to realize that a public vote of confidence from a chairman is normally a sign of impending

HNW, Inc. Launches Retail Banking Practice

Industry Veteran Leslie Paladin Tapped to Help Brands Reach Mass Affluent Segment

Allocation to gold drops to almost half, says Scorpio Partnership

The survey also assessed anticipated changes to allocations over the coming six months.

Rothschild Trust creates Senior Advisor Platform

Rothschild Trust is creating a Senior Advisor Platform with a select group of the world’s leading wealth planners and trusted family advisors.

JPMorgan Trading Loss May Reach $9 Billion

Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.

Pressure on Barclays boss to quit

Shares in the lender arre down 8% as Prime Minister David Cameron said the bank had "some serious questions to answer" and Opposition leader Ed Miliband called for a criminal investigation.

Swiss, Austrian Wealth Clients Shun Risk as 22% Expect Euro Ruin

The majority of private-banking clients remain risk- averse,” Vaduz, Liechtenstein

French Tax Shield Costs Rise In 2011

The tax shield, which limits direct taxes in France tax, wealth tax, and local taxes

Private Wealth Fuels Record Singapore-Dollar Bond Sales

Top-rated Singapore’s appeal among private-banking clients has risen as the local currency gained 12 percent since 2009 and Europe’s financial turmoil deepened with Greece’s new government struggling to meet targets for cutting its defic

Skandia International targets Singapore for 'Wealth Interactive' launch

The new product will be introduced to advisers and customers via a new investment bond product known as the ‘Flexible Investment Account', an online investment bond that allows lump sums, regular premiums and ad hoc investments, subject to the

Wealth and Asset Management