- Managers of Wealth -Wealth, private banking and asset management news and opinion

Nick Xiao: «Private Banks That Get China Right Will Be Rewarded»

After flubbed attempts to crack the Chinese market in the previous decade, several private banks are making a renewed push, Nick Xiao tells finews.asia.

Family Wealth Alliance Announces Best in Industry Awards Finalists

Winners to Be Announced at October 17 Awards Gala

GAM troubles: 16 key dates as a crisis unfolded

While the last two weeks have been especially difficult for the Swiss asset manager, the firm's struggles go back years.

JTC acquires corporate and fiduciary services firm

The principal managers of Van Doorn, who are also shareholders of the Seller, Mr Aravind Ramanna and Mr Eke Verbeke, will join JTC at completion.

VZ Group's asset management head resigns

CEO Matthias Reinhart expects that revenues and profits in the 2018 financial year will be higher than in 2017 and that the dividend can be increased again.

SJP victorious in unsuitable advice claim

He claimed the schemes failed to be as effective in mitigating these liabilities as he had been led to believe by SJP advisers.

Cantonal bank reports positive results despite increased expenses

However, operating expenses also increased by 5.7% due to the bank’s activities ahead of its 150th anniversary, the creation of new jobs and digitalisation expenses.

How to pass on wealth to the next generation and beat inheritance tax

More people are choosing to pass on their wealth while they are still alive and can see their loved ones benefit - and to take advantage of the seven-year rule that can keep it free of inheritance tax.

JPMorgan private bank boosting staff in Columbus

Chase is the second largest bank in Columbus, according to Business First research.

China’s wealth managers eye expansion to compete globally

Buttressed by China’s ever-expanding economy, Chinese wealth managers and private banks are adopting unique expansion strategies to secure a slice of the action

DeVere UK losses deepen amid FCA probe

DeVere UK said its decision to discontinue its pension report-writing service had led to turnover falling from £3.08m in 2016 to £2.14m in 2017.

ESG portfolio off to a good start in HK, says UBS

Bank officials said they are seeing both new money and current clients switching to the new portfolio.

Set Sail Trust Brings Butterfield Bank On Board

The charity’s work helps to make these privileges accessible to the widest possible audience, and it is always wonderful to witness the children’s enjoyment of the water and our coastline.

AAA-rated Pictet-Robotics manager ups cash stack

The Pictet-Robotics fund returned 58.6% in US dollar terms over the three years to the end of July 2018.

Evercore Wealth Management expands US presence

Mr. Palles was previously a Managing Director and Senior Portfolio Manager at U.S. Trust, Bank of America Private Wealth Management.

A world of opportunity in an ever-changing world

Experts gave their views on the best way to position client portfolios and manage their expectations in preparation for the various potentialities that lie ahead.

Hong Kong philanthropist Tin Ka-ping was a man of true humility

Here’s a quote from his obituary (from Tin’s speech during his baptism at age 94) that impressed me: “Frankly speaking, I’ve been acting out of my conscience all my life. I can say without blushing that I am a good person."

A guide to private banking

This may have been the case historically at some private banks, but Investec Private Bank does things differently.

Speakers’ success in China should inspire more Guernsey practitioners

GF will provide a market update, with Wendy and Dorothy also discussing their latest activities and achievements in their respective regions.

How Lombard Odier got into the Islamic investment space

Islamic Business & Finance sits down with Arnaud Leclercq, Limited Partner at Lombard Odier Group about the launch of a certified Shari’ah-compliant mandate aimed at GCC individual investors.

Wealth and Asset Management