05/10/2016
Meet the next generation of wealth
They view money differently and they also have a different approach when it comes to investing their money.
Wealth and Asset Management
05/10/2016
Database of Offshore Companies Goes Live
Find out who’s behind almost 320,000 offshore companies and trusts from the Panama Papers and the Offshore Leaks investigations
05/10/2016
European Wealth looking to grow client-base through acquisitions
Morton adds that while the company has retained its client base well over the last few months, it is looking to grow through the integration of previous acquisitions
05/10/2016
80% of private bankers to be certied by end of 2016: Private Wealth Management Association chairwoman Amy Lo
She aims to have 80% of applicants certied by the end of 2016, and hopes to see more private bankers flood the industry.
05/10/2016
UBS WM Australia spino% to slash advisor commissions by as much as 10%
The spino%, which has delayed its launch date to the second half of 2016 from its original plan of April
05/10/2016
Private banks “should not be centrepiece” for Asia’s wealthy
Asian families are realising the value of having an independent organisation looking after their wealth, said the CIO of a Singapore singlefamily office at an AsianInvestor forum.
05/10/2016
Oxfam’s 355 economists are completely wrong: Tax havens do serve a useful purpose
Yesterday, 355 economists signed a letter co-ordinated by Oxfam arguing that tax havens have “no useful purpose”.
05/10/2016
UBS May Pass on Negative Rates to Very Wealthy Clients, CEO Says
European banks are feeling the squeeze from record-low interest rates eroding profit margins at a time when market volatility and declining energy costs are prompting investors to pull funds.
05/10/2016
Bob Diamond faces a rough ride in Barclays Africa campaign
The setbacks for the British lender’s former chief executive, who now invests in assets sold by big banks, came as the process of determining who will own one of Africa’s biggest financial institutions entered a crucial phase.
05/09/2016
Wealth management industry in disruption
But it is increasingly being asked by the wealth management firms providing both groups with financial advice.
05/09/2016
Bob Diamond Says Atlas Mara Close to Buying Another African Bank
The target is in one of seven African countries where Atlas Mara already owns a lender, Diamond said at the London Business School’s Africa Business Summit on Saturday.
05/09/2016
Client-centricity rule #3: be how you want to be seen
Wealth managers need to ensure they are 'professional' and use their superior knowledge to help their clients live at peace with their wealth.
05/09/2016
New Schroders boss Peter Harrison seeks fixed income M&A targets
He highlighted asset-backed securities — bond-like instruments that pay investors income based on underlying assets such as mortgages or credit card debt
05/09/2016
How Are the Super Rich Navigating Volatile Markets?
Simon Smiles, chief investment officer at UBS Wealth Management, discusses where his high net worth clients are putting their money and what's really weighing on investor's minds.
05/09/2016
HSBC Singapore Transfers retail banking, Wealth management To Locally Incorporated Unit
The Singapore branch of the Hongkong and Shanghai Banking Corporation has completed the transfer of its retail banking and wealth managementb business to a locally incorporated subsidiary, HSBC Bank Limited.
05/09/2016
Credit Suisse adds 30-plus private bankers in Asia including two market group heads
Credit Suisse has added more than 30 private bankers including market group heads to Asia, Asian Private Banker can reveal.
05/09/2016
International wealth group expands to Australia
The founding partners, Nick Maikousis and Jon White, with a combined 54 years of experience, held senior management roles within the financial planning and insurance advisory sectors before establishing MW Lomax.
05/09/2016
Schroders on acquisition hunt for fixed income manager
He said Schroders had “the vast majority [of asset classes] covered” but highlighted fixed income as an area of opportunity.
05/09/2016
For the Gulf’s ultra-wealthy, time to change course
This must include their plans to shift wealth from one generation to the next
05/06/2016
Netwealth to grow IFA base, eyes app-savvy investors
This year, the group surpassed the $8 billion mark and aim to win more IFAs through its tech-focused business model.