Managers of Wealth

Heartwood shows £95m uplift in new funds ‎

Wealth management firm Heartwood has boasted another year of strong growth in its core discretionary assets, with an £94.8m of net new funds and funds under management hitting £1.46bn.

Charities Still Love Wall Street Bankers

The master of ceremonies made a mistake as he named John Thain one of the year’s best dads, introducing him as the chief executive officer of Citigroup.

Credit Suisse and the loneliness of the long-distance chief executive

Credit Suisse chief executive Brady Dougan is a marathon runner, not a team-sport aficionado, but he probably knows enough about the dynamics of sports franchises to realize that a public vote of confidence from a chairman is normally a sign of impending

HNW, Inc. Launches Retail Banking Practice

Industry Veteran Leslie Paladin Tapped to Help Brands Reach Mass Affluent Segment

Allocation to gold drops to almost half, says Scorpio Partnership

The survey also assessed anticipated changes to allocations over the coming six months.

Rothschild Trust creates Senior Advisor Platform

Rothschild Trust is creating a Senior Advisor Platform with a select group of the world’s leading wealth planners and trusted family advisors.

JPMorgan Trading Loss May Reach $9 Billion

Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.

Pressure on Barclays boss to quit

Shares in the lender arre down 8% as Prime Minister David Cameron said the bank had "some serious questions to answer" and Opposition leader Ed Miliband called for a criminal investigation.

Swiss, Austrian Wealth Clients Shun Risk as 22% Expect Euro Ruin

The majority of private-banking clients remain risk- averse,” Vaduz, Liechtenstein

French Tax Shield Costs Rise In 2011

The tax shield, which limits direct taxes in France tax, wealth tax, and local taxes

Private Wealth Fuels Record Singapore-Dollar Bond Sales

Top-rated Singapore’s appeal among private-banking clients has risen as the local currency gained 12 percent since 2009 and Europe’s financial turmoil deepened with Greece’s new government struggling to meet targets for cutting its defic

Skandia International targets Singapore for 'Wealth Interactive' launch

The new product will be introduced to advisers and customers via a new investment bond product known as the ‘Flexible Investment Account', an online investment bond that allows lump sums, regular premiums and ad hoc investments, subject to the

How Asia Feels About Money Matters

Those are the findings of a survey commissioned by Fidelity, a global asset management company, which was carried out this spring in ten cities, including Beijing, Shanghai, Mumbai and New Delhi, Hong Kong, Taipei, Singapore, Seoul, Sydney and Tokyo.

StanChart sees first-half pretax profit growth below 10 percent

The Group has had a strong start to the year, with income for the first six months of 2012 expected to grow at a high single digit rate over the comparable period in 2011.

St James's Place is still number one

ONCE again, wealth management company St James's Place is in the number one spot in the Top 100 Gloucestershire Businesses list.

Brown Brothers Harriman Brokerage Division Announces Launch Of Global Portfolio Strategy Product

The BBH Global Portfolio Strategy product, available now to BBH clients, offers global and regional equity portfolio managers a consistent analytical framework for making regional, country and sector based global equity decisions.

Societe Generale Private Banking voted best private bank in the Middle East

Societe Generale Private Banking has been awarded the title “Best Private Bank in the Middle East” for the second consecutive year by Banker Middle East magazine*, following online votes received from a thousand readers.

BMO Harris Private Banking Named Best Private Bank in Canada

The World Finance Awards recognize industry leaders, eminent individuals, exemplary teams and distinguished organizations which represent the benchmark of achievement and best practice in a variety of fields.

Manulife 'gearing up' U.S. wealth management: CEO

Manulife, Canada's largest insurer, has been focusing on “small-case” 401(k) plans, offered to employers with 500 or fewer workers, Guloien said today in an interview in Toronto.

Citi caters to Moscow's wealthy

Citigroup opened its first branch dedicated to Moscow's wealthy, 20 years after entering the Russian market.

Wealth and Asset Management