Managers of Wealth

BMW earnings slip on China, costs for new models

German luxury automaker BMW saw net profit slip 1 percent in the second quarter amid higher costs to bring out new vehicles and a tougher market in China

Axa Wealth sees offshore jump despite ‘unsettled’ 2015

Axa Wealth International saw its funds under management grow by 3% to reach £9.1bn over the first half of 2015

HSBC first-half profits up 10 percent on China investing frenzy

Europe's biggest bank reported that pretax profits in the six months to the end of June were $13.6 billion

BNP Paribas bounces back after sanctions fine

The Group showed the strength of its integrated business model building on a solid and diversified customer base.

RBS Private Banking swings into red as Coutts costs mount

RBS has also set aside a provision to cover a separate German investigation into Coutts' Swiss arm to determine whether its current and former employers had aided and abetted the tax evasion by certain clients.

Man Group reports second-quarter outflows of $1.3 billion

Profit beat estimates on higher performance fees as assets under management climbed to $78.8 billion as of June 30 from $78.1 billion three months earlier.

Schroders H1 pretax profit up 24 pct

Assets under management up 14 per cent.

Brewin Dolphin Q3 funds, revenues hit by weak markets

Discretionary Funds under Management were £25.6bn on 30 June 2015, a reduction of £0.6bn over the quarter, with the negative market performance offsetting net inflows.

St. James's Place sees H1 profits dip but funds, cash rise

Continued Growth In Fund Flows And A 20% Dividend Increase

Barclays reports 25% rise in profits

McFarlane said he would focus on three areas: delivering on strategy, giving more back to shareholders, and improving growth in earnings and capital.

EFG swings to smaller-than-expected H1 profit

Net profit for the period was 48 million francs ($49.9 million) compared with 74.9 million francs forecast in a Reuters poll of four analysts.

Rathbones' inflows halve in H1 as investors retreat from funds

Meanwhile, its parent wealth manager Rathbone Brothers has seen 'subdued' organic growth in the first half of 2015, despite its assets under management gaining a boost from strategic acquisitions made last year.

UBP results hit by strong franc

Assets under management, primarily denominated in foreign currencies, were down slightly -1.8% on June 2014, coming in at CHF 93.1 billion.

UBS Second-Quarter Profit Rises 53% on Higher Wealth Management

UBS posted on Monday a bigger-than-expected jump in second-quarter net profit as the Swiss bank released results one day early following a newspaper report on the figures.

Profits, Advisor Headcount Drop Again at UBS

UBS' Americas wealth management unit reported yet another quarter of sluggish growth.

Brooks Macdonald eyes London expansion as assets pass £7bn

Wealth manager Brooks Macdonald Group PLC on Friday said trading in the financial year to the end of June was in line with its expectations, despite some "unhelpful" market disruptions in the fourth quarter.

Regions Wealth Management Units Post Solid 2Q

Revenue from the bank's investment management and trust services continued to lead all other wealth management lines, generating $51 million, an 8.5% year-over-year increase.

Aberdeen Asset Management sees £9.9 billion in Q3 net outflows

Net outflows of £9.9 billion during the quarter as institutional investors continue to reduce exposure to Asia and emerging markets equities

Credit Suisse Swings to Profit in Second Quarter

Overall, our wealth management activities produced an improved performance and generated a good return on regulatory capital as a few initiatives are bearing fruit, particularly in Asia Pacific and in Switzerland.

Raymond James Private Client Group posts record quarterly net revenues

Record quarter-end Private Client Group assets under administration of $475.4 billion, up 5 percent over last year’s June and 1 percent over the preceding quarter

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