Managers of Wealth

Wealth tax removal sees sharp rise in Swedish repatriations

The tax was removed by the governing coalition in 2007

LGBT wealth management service launched

LGBT Capital and Financial Partners has announced the launch of LGBT Wealth, the first Wealth management operation focused on the LGBT community in Asia.

Pictet, Lombard Odier both set to switch structure to corporate partnerships

Both Pictet and Lombard Odier have announced they are to change their legal structures to corporate partnerships or "société en commandite par actions de droit suisse".

Number of millionaire Brits hits 13,000 despite recession

New figures show the number of Britons earning at least £1million a year has increased to 13,000, thanks to the coalition government’s April tax cut, local media reported.

Quilter Cheviot in search for new premises

NEWLY merged fund management firm Quilter Cheviot is searching for larger office space in Liverpool

Schroders launches multi-asset Wealth Preservation fund

Schroders has announced the launch of Schroder ISF Wealth Preservation USD, a new fund which will offer investors a simple-to-understand, flexible investment vehicle which aims to preserve and grow savings under all economic conditions.

Julius Baer profits jump 15%

Assets under management (AuM) increased by 11% to a new record high of CHF 189 billion.

SA Wealth Worries survey reveals global economy fears

Global payments technology company Visa today released the results of its first annual Wealth Worries Survey 2013

UK's wealthy investors pile into US real estate

In many cases investors have almost double in US real estate compared to what they have in other alternative investments

Funds under management at Rathbones’ Bristol office breaches £1 billion

The office provides a range of investment services for almost 5,000 clients.

Thai banks lure Asia's wealthy

As global growth has been shifting from Europe and North America to Asia, the number of wealthy Asians has been rising

AWD picks Standard Life Wrap for HNW clients

The move will see high-net-worth clients with investable assets of £375,000

And We're Back! Dow 14,000 Fuels a New Wealth Boom

The next American wealth boom has officially begun

Switzerland shifts gold off the books in preparation for Basel III

Now, Pictet has decided enough is enough…

Focus Strengthens New York Presence with Addition of The Portfolio Strategy Group

“Through our partnership with Focus, our clients are reassured that we will maintain our culture and rigorous investment management process for the long term."

Brazil approves UBS' planned takeover of local brokerage Link

Took place almost three years ago.

Banking & Payments Asia: China’s UHNW population growing fast

Each UHNW individual in China is expected to spend $570,000 on average on luxury items and private jet ownership in China is expected to double this year.

Morgan Stanley boosts CEO salary, eyes higher returns

Gorman's total pay for 2012 fell 7 percent to $9.75 million, the bank said in a regulatory filing Thursday, putting him on the lower end of the range for big banks that have reported figures so far.

Charles Stanley aims for second spot in platform market

Mr Yearsley, who formerly worked at Bristol-based Hargreaves Lansdown, said Charles Stanley’s new platform will be a success if it moves up to second position in the market in the next few years.

Millionaire Confidence Hits 2-Year High

“The Millionaire Outlook rose for the second consecutive month, driven by an increase in confidence in the economy,” Spectrem said.

Wealth and Asset Management