07/22/2019
Phoenix Financial PR shortlisted in Money Age Awards
That's awesome.
Wealth and Asset Management
07/22/2019
Are You Concerned About Being Exposed to Unnecessary Wealth Taxes?
In cases where a tax charge arises in more than one country, the country in which the asset is located will (subject to any tax treaty rules) have ‘first’ taxing rights.
07/22/2019
Beware of the risks you can’t see, not the ones you can by Philip Smeaton, Sanlam
Markets will always have their ups and downs
07/22/2019
Peter Charrington: an eye to the future at Citi Private Bank
Having a fund business at the heart of the bank makes him ‘proud indeed’
07/19/2019
Singapore warns wealth managers not to exploit Hong Kong turmoil
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity.
07/19/2019
Morgan Stanley CEO Pledges Loyalty to Grid-Based Payouts
He made the remark on an earnings call after an analyst questioned why the Federal Reserve Board appears to have a concern about Morgan Stanley’s projection of net revenue under stress conditions that the regulator modeled.
07/19/2019
New Credit Suisse Wealth Boss Signals Risk Appetite
That's generally true for some market areas of our division,» Wehle is quoted as responding when asked about political risk in Saudi Arabia, where Credit Suisse quietly clinched a banking license three months ago.
07/19/2019
Wealth in the UK: HNW Investors 2019: Barclays, Coutts, St. James’s Place
Brexit and related volatility are likely to shift HNW asset allocations in the UK, but will have limited impact on the country’s cross-border attractiveness as a destination for HNW
07/19/2019
Morgan Stanley’s rich clients withdrew a surprising amount from accounts to pay their taxes
The firm’s wealth management business was hit by an unexpectedly high outflow of deposits in the second quarter, according to CFO Jonathan Pruzan.
07/19/2019
UBS and Credit Suisse Battle for Super-Rich, Margins
With their focus on banking the super-rich, the two Swiss giants are poised to weather the Wall Street storm.
07/19/2019
Fund administrator to be purchased by private equity firm
The transaction is subject to regulatory approval.
07/19/2019
UBP assets rise by several billion following acquisitions
Net profit amounted to CHF 117.2 million in the first half of 2019
07/19/2019
Morgan Stanley reports drop in profit, but wealth management gains
The bank reported pre-tax profit margin of 28.2per cent for the business, just above the high end of its 26per cent to 28per cent target.
07/19/2019
Close Brothers loan book grows 5.1% year to date
All statements in this release relate to the 11 months to 30 June 2019 and to continuing operations1 in that period unless otherwise indicated.
07/19/2019
UBS and Credit Suisse Battle for Super-Rich, Margins
The success of their strategies comes with some questions – especially in view of their share price and valuation.
07/19/2019
Wealth Enhancement Group expands
Lightyear Capital-Backed Wealth Management Firm's Acquisition of Independent Financial Advisory Business with more than $1 Billion in Client Assets is its 13th in Past Six Years
07/18/2019
Schroders completes takeover of private assets business
In February 2016, Schroders increased its stake in Secquaero to 50.1%.
07/18/2019
Woodbrook acquires financial planning and wealth management company
“This gives our clients an even stronger and more diverse range of investment management skills and we believe this will enable us to deliver an even better investment proposition and service to our enlarged client base,” Mr Doherty added.
07/18/2019
Geneva WM founder launches thematic fund boutique
The Dieselgate scandal also contributed to promote the shift towards sustainable mobility.
07/17/2019
Crossinvest’s Rohit Bhuta on Unravelling Asia’s Wealth Management Conundrum
There is a tendency for the core values of honesty and integrity, essential elements when mandated to look after other people’s money, compromised in a sales based environment, Bhuta says.