06/23/2016
Advisors Asset Management Expands Strategic Partnership with Rothschild Asset Management
Rothschild will continue to serve as investment manager for the two large-cap strategies
Wealth and Asset Management
06/23/2016
Vistra News Bulletin - June 2016
We also look at the new tax treaties which three of our jurisdictions, Mauritius, Cyprus, and India, have been involved in.
06/22/2016
Asia’s Banks Take Stand on Impact Investing
A new fund from Credit Suisse and UOB seeks to help Asia’s poor and deliver healthy returns.
06/22/2016
Societe Generale Private Banking announces the winners of the 2016 “Campden European Families In Business Awards
Societe Generale Private Banking accompanies many of Europe’s leading family businesses through key moments in their personal and professional careers
06/22/2016
Private wealth creation in US slowing down
The average Australian is now significantly wealthier than the average US citizen, according to a report
06/22/2016
European Wealth reports loss of £1m
The business blamed costs associated with the three acquisitions it made last year plus lower than expected trading volumes.
06/22/2016
Credit Suisse Geneva Banker Said to Send Client Funds to Wife
A second transfer of $2 million was made three years later into the account of a Dubai firm that he controlled, the people said.
06/21/2016
Royal Bank of Canada Looks to Expand Organically in U.S.
The deal has opened up significant opportunities for Royal Bank of Canada to augment its top line by leveraging on City National’s high net worth and commercial clients’ network as well as expanding its franchise in the U.S.
06/21/2016
Mattioli launches business property inheritance tax service
Business property relief is one of the principle carve-outs in inheritance tax, reducing the recognised value of certain transfers by either 50% or 100%.
06/21/2016
Credit Suisse’s Thiam Fights Hedge Funds Assumptions
Credit Suisse shares have lost about 42 percent this year, touching the lowest since at least 1989 on June 16, data compiled by «Bloomberg» show.
06/21/2016
Challenge for China’s ultra rich: find the right wealth service
The country is expected to have nearly 15,700 UHNWIs by 2024
06/21/2016
Weekly Investment Update - Coutts
Mary Haly, Senior Portfolio Manager, Coutts, discusses Central Bank policy and how we give give our clients exposure to alternatvie investments such as Infrastructure.
06/21/2016
UBS denies report that it may want to unload its U.S. wealth management group
Unconfirmed New York Post story revives old rumor that the Swiss company may want to unload its U.S. wirehouse
06/21/2016
Canaccord Genuity Wealth Management celebrates 20 years in the Isle of Man
The acquisitions of Tilney & Co in 2002 and Insinger de Beaufort in 2006 further grew the team which now comprises seven portfolio managers and four investment advisers.
06/21/2016
RBS planning to cut 900 jobs to reduce costs
More cuts are expected to be announced in the coming months, the sources said.
06/21/2016
Alexander Beard partners with French wealth management firm
KMH founder partners, Nicolas Medan and Guillaume Hublot, said: “KMH has expanded considerably over the last few years primarily through three acquisitions and the creation of a Swiss entity based in Geneva.
06/21/2016
MitonOptimal acquires Coram AM
The company has close to half a billion pounds in assets under management and the balance sheet strength that allows Coram to implement its strategy at a pace that exceeds original expectations.
06/20/2016
Hong Kong to see more small players grabbing the wealth management cake
London-listed boutique fund manager Jupiter Asset Management expects HK to provide sustainable growth opportunities
06/20/2016
The first casualty of the wealth management wars may be UBS
He also thinks UBS would likely not recover the multimillion-dollar price it paid in its 2010 transaction for the former PaineWebber.
06/20/2016
Flat asset growth sends Wall Street’s brokers scrambling
Private wealth in the US hit the skids last year as markets contracted.