11/16/2015
Julius Baer Agrees to Raise Stake in Kairos to 80%
Kairos assets under management almost doubled since 2013
Wealth and Asset Management
11/16/2015
UBS Adding Senior Bankers in Asia for First Time Since Crisis
The Swiss bank recently hired three managing directors and one executive director in the region and plans to add roughly another dozen bankers of similar seniority over the coming 12 months
11/16/2015
BVI remains market leader in the offshore financial industry
Chief executive officer of Vistra Group, Martin Crawford, in a presentation on behalf of BVI Finance at the 2015 China Offshore Summit said the territory held about 50 percent of the market share of new offshore companies formed globally
11/16/2015
Aberdeen CEO eyes four or five smaller acquisitions in 2016
We will probably make another four or five similar acquisitions next year but the main thing we will do is wait for the downturn in Asia to end — and it will
11/16/2015
Credit Suisse Said to Name Swiss Bank Unit Coverage Heads
Separately, international wealth management, led by Iqbal Khan, will be split along geographical lines with Europe being run by Claudio de Sanctis
11/16/2015
Focus Financial Helps Breakaway Merrill Lynch Advisors Launch One Charles Private Wealth
One Charles was launched through Focus Independence (formerly Focus Connections), a program which helps wirehouse teams successfully launch their own independent wealth management firms.
11/16/2015
Deutsche Bank separating asset management unit
Industry observers are divided on whether the reorganization will bolster Deutsche Asset Management, which has struggled for some time.
11/16/2015
Stop focusing on process and proposition
The introduction of the RDR by the FSA perhaps forced financial advice firms to profoundly review how they communicated with clients.
11/16/2015
Fears over sovereign wealth funds pulling assets overblown, Morgan Stanley says
Their research identified over $1.1tn of public equity holdings for 11 SWFs, representing about 24% of assets under management.
11/16/2015
Julius Baer launches new AT1 structure in Asia
This was the first non-Swiss franc transaction for Julius Baer and the first AT1 transaction with write down trigger feature ever to price in the Singapore dollar market.
11/15/2015
Citizenship Shopping For Affluent Investors
The motives for seeking citizenship can be complex.
11/15/2015
Asia’s Family Firms Need to Talk About Succession
Without a plan, the risk of business failure is high as the transition to the next generation looms.
11/15/2015
Passing the buck: how money man Andrew Yen guides China's billionaire families through generational shifts
But equally challenging is navigating the sometimes dark human emotions that manifest among parents, children and siblings when so much is at stake.
11/13/2015
“The Path of the Entrepreneur in 2015″ - BNP Paribas
The Report reveals the emergence of the ‘Millennipreneur’, a new generation of entrepreneurs under 35 years old
11/13/2015
Morgan Stanley : Stealing Retail Banking From Banking Giants?
Morgan Stanley’s 3.5 million wealth management clients use only 1% of its retail-banking products
11/13/2015
Wealth Management: Where Will the Largest Fee Pool Be in 2030?
For banks and financial services firms looking for a piece of the action, baby boomers are still their best bet
11/13/2015
Wealth manager launches managed portfolio service
They will be available on the Standard Life Investment Hub platform at launch.
11/13/2015
FCA chairman wants “less is more” approach to wealth manager regulation
FCA chairman John Griffith-Jones has spoken out on the “realistic, if not ideal” delay to MiFID II, while acknowledging the need for a “less is more” approach to the regulation of wealth managers
11/13/2015
Art Appreciation as a Lure for Ultra-Wealthy Clients
Some of his team’s clients are institutions that work with artists, some are artists whose work fetches prices that have made them very rich, and others are ultra-high-net-worth clients who collect art.
11/13/2015
The Richest Family Offices, Ranked
Silvercrest, the second fastest-growing family office in our ranking, has to keep both clients and investors happy: Its shares trade on public markets