03/13/2018
Brooks Macdonald Profit Increases As Co-Founder Leaves After 26 Years
Brooks Macdonald has increased its interim dividend for 17.00 pence per share from the 15.00p it paid out 12 months previously.
Wealth and Asset Management
03/13/2018
UBS Asset Management launches advisory solution
Work is currently underway to launch the new solution to advisers of Italian lender Banca Generali.
03/13/2018
UBS’s ‘Warrants King’ Has a New Role Managing Hong Kong Wealth
Yu plans to use contacts among wealthy lawyers, doctors
03/13/2018
Nine major power players who could get you a job at HSBC in Asia
Here’s a selection of senior managers in Hong Kong and Singapore who currently run some of the bank’s more expansionist departments.
03/13/2018
Rothschild positive on dealflow
Nigel Higgins and Olivier Pécoux, Managing Partners of Rothschild & Co, commented: “Rothschild & Co has produced another set of strong results with good growth in revenue and profit.
03/12/2018
Families Turning to Wealth Management Firms to Help Oversee Funds for New Generations
As younger generations begin to take on greater responsibility for family finances, wealth management companies can also offer more than the standard wealth management functions including education and resources.
03/12/2018
Will Swiss MP’s Return 1MDB Cash?
The lower house of the Swiss federal assembly in Bern is now expected to vote on the matter by March 15, 2018
03/12/2018
Deutsche Bank executives to give up their bonuses
Deutsche Bank, like other banks, was hit last year by a big charge tied to the U.S. tax overhaul.
03/12/2018
LGT annual group profit soars 23%
LGT reported very good results in all regions and business areas for the 2017 financial year
03/12/2018
Indosuez Executive: Small Players to Exit Asia
Paul de Leusse, CEO of Indosuez Wealth Management, told «The Business Times» that increasing regulatory demands and associated costs were factors that would push small players out.
03/12/2018
UK based wealth manager expands Wealth Platform to include Offshore Custody
The offshore custody solution allows clients access to global multi-asset class investments and multi-currency trading
03/12/2018
Canaccord Genuity expands Canadian wealth management business
Based in Calgary, the MLD Wealth Management Group operates as a multi-family office with a focus on helping high net worth clients meet and exceed their complex financial goals.
03/12/2018
Abbot Downing Launches Institute for Family Culture
Wealthy millennials usher in ‘golden age’ of philanthropy; 44 percent of family businesses surveyed struggle with succession planning
03/12/2018
UBS WM continues to bleed EM assets as total inflows rise
UBS Wealth Management encompasses all wealth operations booked outside North America.
03/11/2018
Chinese investors eye Australian private equity through Noah Holdings
It is a drop in the ocean for the group which is worth $3.6 billion in market capitalisation but a significant detour for Chinese investors in Australia, who are maturing away from just property investment and development.
03/09/2018
Geneva boutique names new Swiss picks in European fund
The company’s growth spurt could attract more institutional investor interest
03/09/2018
Mumbai Bags 47th Rank Global City Wealth Index
But though India is a bright spot in the world when it comes to addition of ultra-rich individuals, none of its cities feature among the top 20 in Knight Frank's City Wealth Index.
03/09/2018
Finance, retail sectors churn out new millionaires
Out of the 1,290 dollar millionaires, 90 are worth Sh5 billion while about 10 individuals are estimated to have a net-worth of more than Sh50 billion.
03/09/2018
UBS Boss' Pay Edges Higher
In Asia, pay details for CEOs of big banks like Piyush Gupta of DBS or Samuel Tsien at OCBC are expected in coming weeks.
03/09/2018
The rarefied world of Asia private banking — where women rule
The list of women rising through the Asia private banking ranks (2) does not end there.