06/20/2012
Banks Roll Out the Green Carpet to Attract High-Income Earners
income earners gathered for a private fashion show at the Plaza Hotel in Midtown Manhattan for the latest line from designer Douglas Hannant.
Wealth and Asset Management
06/20/2012
Liontrust assets rise, swings to profit
Assets under management rose to £1.5bn at 31 March - up from £1.3bn last time.
06/19/2012
Wealth managers set to lose market share: KPMG
Financial planning-led IFAs will pose serious competition to traditional wealth management firms that have been slow to adapt to regulatory change, a report from KPMG has claimed.
06/19/2012
Sarasin seeks SE Asia head after Barki exit
A Sarasin spokeswoman says Barki has taken early retirement for family reasons.
06/19/2012
Wealth managers 'undecided' on independent versus restricted
Earlier this month the FSA published its final guidance on independent and restricted advice under the RDR.
06/19/2012
COUTTS HOST Forum For Philanthropy on emergent field of social investment
Speaking at the event was Sir Ronald Cohen, Chairman of Big Society Capital, Britain's first social investment bank. Sir Ronald was joined by Faisel Rahman, Managing Director of the social business Fair Finance and James Perry, CEO of Panaphur, a fam
06/19/2012
Swiss Asset Management’s Asia expansion driven by asset growth
Swiss asset manager Pictet Asset Management (PAM) is expanding its Asian business as part of its bid to strengthen its presence within the region, driven by recent significant acquisitions in Hong Kong, South Korea and Taiwan.
06/19/2012
Combined wealth of UK’s ultra rich tops $1.3 trillion - Research
Wealth-X has released a report on the ultra high net worth (UHNW) population in the United Kingdom.
06/19/2012
World Wealth Report 2012: Business models need more flexibility
Global high net worth population increased slightly in 2011, their investable wealth declined.
06/19/2012
ADIB launches its e-Wealth Management Solutions Centre
The ADIB Wealth Management Solutions Centre is simple and an interactive online portal where visitors can access information and tips on savings and investment.
06/19/2012
Sinking feeling for investors in super yacht company
Believing YCO would be a safe haven in turbulent times, investors pumped millions of pounds into the luxury boat broker, which has had an impressive range of super rich clients including the billionaires Roman Abramovich and Sir Phillip Green.
06/19/2012
India ranks 55th on foreign money in Swiss banks
India is ranked 55th in terms of only direct deposits as well, while it is placed much lower at 76th rank for fiduciary funds, where the top-ranked jurisdictions include West Indies,Panama, UK, Saudi Arabia, Bahamas, Liberia, Cayman Islands,UAE, Turkey, R
06/19/2012
Investment grade wine attracts global wealth
Fine wine is increasing in attractiveness as an asset class for global private wealth investment, according to US-based specialist firm Trellis Wine Investments, which reports an annualised non-correlated return of 11.33% over the past 10 years.
06/19/2012
Baby Boomers to kids: Inheritance? Maybe not
Most young, wealthy Americans believe it's important to pass money on to their heirs. They may be disappointed to learn that their parents don't feel the same way.
06/19/2012
Pressure mounts on Credit Suisse chief
Switzerland’s central bank suggested Credit Suisse should raise fresh equity from shareholders, scrap its dividend or shrink its risk appetite further.
06/19/2012
New HNW provider targets broker market
The firm, which was launched by HNW insurer Aqua and former Hiscox head of motor, Ashley Cole, was set up in March this year.
06/19/2012
RPG rolls out new wealth management platform
RPG, now a fee-based wealth management firm, develops specific plans for clients through an educational approach.
06/19/2012
RCBC wealth group eyes P120 B in AUMs
Manuel G. Ahyong Jr., RCBC head of Wealth Management Group, admitted that the more than 100 percent increase in AUMs in the next four years was a “stretched” target.
06/19/2012
Leading Swiss private banking group in WM acquisitions talks
Given the early stage of these discussions, the outcome is entirely open.
06/19/2012
The wealth firms which will (and won't) be independent post-RDR
Those committed to independence include Equilibrium Asset Management and Investment Quorum