Managers of Wealth

RBC offers low-price units for wealthy

They’re available across 31 funds, including RBC Funds, PH&N Funds, BlueBay Funds and RBC Corporate Class Funds.

J.P. Morgan launches outsourcing solution for advisers

JPM UK Adviser will offer a range of products and services to help advisers looking to outsource their investment solutions.

Former Credit Suisse chairman backs CEO Dougan

Kielholz, now chairman of Swiss Re, was chairman of Credit Suisse when Dougan took over as CEO in 2007 and has continued as a board member since stepping down from the post in 2009.

Asia Private Bankers’ Compensation to Flatten, Shah Says

Asian private bankers’ compensation will level off as firms begin to recognize that the costs don’t “make economic sense,” according to Citigroup Inc. the second-largest private bank by assets in the region.

Campden European Family Business Awards - Results

The Awards are designed to recognise the top family businesses and leaders in Europe and to highlight the essential role family businesses play in contributing to employment and economic growth in the region.

Burgan Bank wins "Best Private Bank in Kuwait"

Burgan Bank 's success was announced at the World Finance Banking Awards 2012, where winners were chosen through a subscribers-based voting process.

Swiss fund managers welcome simpler regulation

Swiss asset managers have welcomed simpler rules for their $4.2 trillion industry, which they say could boost their international reach rather than killing off smaller players as some had initially feared.

Lloyds Banking nears loan-portfolio sale: report

The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.

Women managers in Asia: Untapped talent

Education is unequal, too. In 2009-10 only 10-15% of students entering the elite Indian Institutes of Management were female.

Ashcourt Rowan pre-tax losses narrow

Positive revenue growth year on year, up 4% to £36.4m

Barclays doing fine in S'pore, with or without Diamond

SINGAPORE When Bob Diamond came to Singapore in 2004 to open Barclays' back office at The Atrium, the bank then employed about 500 people, with 150 in investment banking.

George Osborne 'to fight for bankers' bonuses' in Europe

George Osborne is preparing to defend the right of British banks to pay large bonuses against EU plans to cap the pay-outs, it emerged last night.

Aberdeen Supports Its Scottish Open Sponsorship With TV Commercial

Aberdeen Asset Management is supporting its sponsorship of the Scottish Open with a 30 second television advertising campaign that will run in the United States, UK, and Europe.

Wanted: female financial advisers

Women are significantly under-represented in the financial planning profession, with only one quarter of financial planners being female. So what are we doing to correct this imbalance?

Swiss private banking unit looking for new owner

"I don't think the process will start until after he arrives, but they want to have something ready for him to sell," one of the sources said.

Asia spending billions on private tuition for kids

The study by the Asian Development Bank and the University of Hong Kong's Comparative Education Research Centre says shadow education is fast becoming a permanent but expensive fixture in Asia - with countries like Japan spending a whopping $12 billi

China's wealth management industry to grow by 9.5% annually over next four years: report

The robust performance of Chinese GDP has made it one of the most favorable investment destinations for wealth management firms across the globe.

Swiss private bank to cut jobs

Spokesman Reto Giudicetti confirmed comments by Chief Executive Zeno Staub in an interview with the Handelszeitung newspaper on Thursday that the bank would have to lose an unspecified number of positions.

Standard Chartered launches Islamic wealth product range aimed at HNWIs

The package, aimed at plugging industry gaps in the availability of Shariah compliant products, covers fiduciary deposits, property financing, equities, Islamic fixed income instruments (Sukuks), mutual funds (including exchange-traded funds), third-party

Scotia Private Client Group launches new investment solution for HNW clients

Under the management of Scotia Asset Management, each fund within Scotia Private Client Group Pools will be offered as a separate class of shares within the corporation. Investors can switch from one class of shares to another without triggering an immedi

Wealth and Asset Management