Managers of Wealth

UBS Nets Advisor With $1.5B in AUM

A Merrill Lynch advisor managing $1.5 billion in assets has left the wirehouse to join UBS Private Wealth Management, according to a UBS spokesman.

DeAWM to relocate EM CIO in North Asia push

Deutsche Asset & Wealth Management will move an emerging-market investment team to Hong Kong from Europe, as it increases its focus on North Asian institutions.

Swiss private bank switches head gatekeepers

Swiss private bank has appointed a new head product selector for Asia

WH Ireland launches office for ex-Charles Stanley trio

The expansion follows the opening of WH Ireland’s new Isle of Man office in February and growth of the teams in Birmingham, London and Manchester.

AIMA announces new Council directors

The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the appointment of two new directors to the AIMA Council, its global governing body.

BNP Paribas Securities Services boosts asset and fund services team in London

BNP Paribas Securities Services, a leading global custodian, today announced three senior appointments in its assets and funds services team in London.

UBS Names Head of Private Solutions Business

As part of the move, Steve Pierson, who joined UBS in 2013 from Credit Suisse Group AG, will now become sole head of financial institutions in the Americas

Royals hire RBS director as communications chief

A former media adviser to the New Zealand government will take charge of public relations for the Duke and Duchess of Cambridge and Prince Harry.

First Names forms US Global Structured Finance Services Unit

First Names Group has formed a Global Structured Finance Services Unit in the USA, appointing Orlando Figueroa and Mark Ferraris as Managing Directors.

Professor joins innovative wealth management firm

Professor Feiger has considerable experience in the financial services sector having held senior positions at both UBS and SBC Warburg in the US.

Sotheby's chief executive steps down after 14 years

Rival Christie's sold a record $852.9m (£543m) in works, compared to $343.7m at Sotheby's during flagship sales held every November.

Credit Suisse Poaches Nomura Hedge Fund Exec

Credit Suisse said Thursday it has hired long-time Nomura Holdings Inc.8604.TO -1.24% hedge-fund executive Aditi Velakacharla to run a Hong Kong-based group at the bank that introduces its Asian hedge fund clients to potential investors.

BNP Paribas shakes up investment banking division

BNP Paribas has announced a new governance for its Corporate and Institutional Banking division, previously called Corporate and Investment Banking.

Vestra Wealth boosts senior team with Barclays and Julius Baer hires

Vestra Wealth has hired four senior wealth managers specialising in high net worth, entrepreneurial and family clients.

Edmond De Rothschild Group Appoints Head Of Sovereign Funds

The asset management division of the Edmond de Rothschild Group has appointed Marcus Money-Chappelle as head of sovereign funds, a newly created position.

German private bank names London head

He will work alongside Hendrik Riehmer, one of the bank's personally liable partners.

Adrian Lowcock joins Axa Wealth as head of investing

Former Hargreaves senior investment manager Adrian Lowcock has joined Axa Wealth as head of investing.

Smith & William hires former M&G euro equity chief Giles Worthington

Worthington joins from RiverCrest Capital where he has managed the group’s European Equity Alpha fund for the last three years.

Barclays Makes Two Senior Hires to Its Wealth and Investment Management Team

“Their appointments underscore our commitment to attracting the very best wealth advisors in order to deliver customized investment solutions that match the financial profiles and risk appetites of our high net worth clients.”

Dalton SP founder Spence exits after 12 years

Spence founded DSP in 2002.

Executive Moves