05/07/2012
Schroders’ decision to buy a stake in an Indian fund management company at the end of last month underlines the asset management industry’s interest in a potentially large but challenging market.
05/07/2012
The rise of the middle class and the increase of wealth in private hands in Africa signal great opportunities for growth for the continent and investors.
05/04/2012
The unit of the Swiss bank, which focuses on clients with $10 million or more in investable assets, has 570 relationship managers, or RMs, the firm's name for financial advisers, in the region, 420 of which are in the U.S., and has more .
05/04/2012
This will be achieved through combining global best practice within the firms with peer interaction that can be used to future-proof the organisation.
05/04/2012
A study covering nine Asian markets described rich Malaysians as ambitious and aggressive in growing their wealth, with 75% aiming to be worth about US$4mil (RM12mil) within the next 10 years.
05/04/2012
Coutts undergoes major restructure for RDR
‘Reshaping of the UK business progressed to the next phase with the restructure of key professionals in client servicing,' RBS said.
05/04/2012
Funds for projects ranging from direct support of artists to acquisition of works and related community development projects accounted for $5.28 million of the $23.2 million in grants to organisations from clients of the multi-family office last year.
05/04/2012
Swiss private bank said to be up for sale
He said the group was in advanced negotiations with two financial institutions from the Gulf and one from Britain.
05/03/2012
The annual World Wealth Report and the Asia-Pacific Wealth Report are the global benchmarks for tracking HNWIs and cover HNWI market sizing with a review of global economic drivers, HNWI investing behaviors and asset performance trends.
05/03/2012
Independent Directors William Boardman, Porter Goss and James Hawkes Join-
05/03/2012
Blue chip investment manager Schroders reported first-quarter profits slightly above expectations as net flows from institutional investors buoyed assets under management.
05/03/2012
St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.
05/03/2012
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/03/2012
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has released a report on the UHNW population in Indonesia at an event in Jakarta.
05/03/2012
Brigitta Moser-Harder, a small investor, told Reuters on the sidelines of the meeting attended by around 3,400 shareholders.
05/02/2012
Federer is now ranked as only the third-best player in the world, and Switzerland’s bank-secrecy laws are cracking under the weight of pressure from abroad.
05/02/2012
Mr. Swats hopes it will tap into fast-growing demand from Middle Eastern and Asian investors for sukuk, securities that comply with Islamic law.
05/02/2012
TD has about 100 face-to-face advisers in the U.S., but that "will multiply" over the next three-to-four years, Mike Pedersen, group head of TD's wealth and insurance business, said in an interview last week.
05/02/2012
Some say the bank will bottle it as costs get out of control; others say that franchises have already been built up so solidly by rivals that it is virtually impossible to break in.
05/02/2012
Net new money inflows in the wealth management businesses more than doubled to CHF 10.9 billion.