12/20/2018
Wealth managers need to provide sound advice spanning multiple jurisdictions
It found that HNW investors are increasingly seeking new homes for their wealth to achieve benefits from global diversification and gain tax efficiencies.
Wealth and Asset Management
12/20/2018
19 people who will change wealth management in 2019
To help you prepare for a year of heady change, we’ve created a cheat sheet of key industry leaders to keep an eye on in 2019.
12/20/2018
Raymond James Financial reports November 2018 operating data
Record net loans at Raymond James Bank of $19.7 billion were up 13% over November 2017 and 1% over October 2018.
12/20/2018
Geneva and Zurich WMs merge
Schnurrenberger said: 'The merger makes it possible to expand the existing offering and to take further targeted growth steps.
12/20/2018
5 interesting Kenyan CEO’s who are cut from a different cloth that you need to know about
Commercial Bank of Africa is the largest privately-owned bank in East Africa
12/20/2018
Schroders-owned wealth business buys 49% of ratings firm RSMR
In turn RSMR will give Benchmark Capital stronger research muscle.
12/19/2018
Discretionary Portfolio Management and the Advice-Led Revenue Generation Model
Another expert noted that there are three elements to portfolio management - market return, asset allocation returns in excess of market return and lastly the active management return.
12/19/2018
Swiss group acquires Brazil boutique
It was reported that the firm already had clients from Brazil and Argentina and that it was looking to cement its presence in the region.
12/19/2018
Family offices switching to Guernsey supports island’s approach
Nicholas Donnithorne, head of the trust and pensions team at Guernsey law firm Babbe, said that sizeable family offices have been relocating to the island in recent months.
12/19/2018
Tilney looking to tap into Northern Ireland wealth market
The firm’s move into the region is a testament to ‘the growth of private wealth’ in the country
12/19/2018
Julius Baer reports Assets under management at CHF 395 billion
Assets under management at CHF 395 billion – Net new money growth close to 5% – Drop in client activity in Q3 affecting gross margin and cost/income ratio – Enhancing focus on core markets and reducing complexity
12/19/2018
Credit Suisse Tells Wealthy Clients to Move Assets Out of U.K.
The bank told finews.asia in a reply that the «House View» of the bank did not currently advise clients to move assets because of Brexit or other political developments.
12/19/2018
Looking Ahead: Capital Markets & Structured Products
A structured products expert commented that they allow investors to manage and express any views on the markets.
12/19/2018
Falcon Private Bank: Green Light From the Middle East
The company in the first half of this year was on the brink, having lost a string of executives, relationship managers and – as a consequence – assets under management.
12/19/2018
UBS Wealth Has Hedge Fund-Like Playbook to Combat Market Mayhem
Swiss private bank pitches strategies akin to relative value
12/19/2018
Octopus launches restricted advice firm to serve younger market
‘Octopus Wealth’ will build technology to help plug the financial advice gap in the UK
12/18/2018
UBS Agrees to Pay $15 Million Over Money Laundering Lapses (1)
Bank brokerage moved more than $9 billion in two-year period
12/18/2018
Standard Chartered spins off private-equity arm
Bank expects to take a restructuring charge of about US$160 million related to the transaction.
12/18/2018
UBS managed Zurich Italian property fund buys Eurcenter for €90.3m
Coima said the sale price represents a premium of 13% to the asset acquisition price in August 2016 2016 and a 4% premium to the last book value of the property as of 30 June.
12/18/2018
Credit Suisse reportedly advises ultra-wealthy clients to consider shifting assets out of the UK
The FT reported Tuesday that ultra-high net worth individuals (UNHWI), were advised they might want to "accelerate" plans to move their investments out of London before Brexit chaos.