11/10/2016
Higher costs or lower revenue? Wealth firms split on fiduciary compliance
The goal was to eliminate the possibility that wealth managers could pad their commissions by making trades clients do not need.
Wealth and Asset Management
11/10/2016
No Laptop, No Phone, No Desk: UBS Reinvents the Work Space
There are no laptops to lug around, and their phone numbers follow them from desk to desk or to their mobile devices.
11/10/2016
Schroders takes stake in technology provider
Schroders and Benchmark did not disclose how big the stake is or how much was paid to obtain it.
11/09/2016
UK wealth managers show support for automated services
Wealth managers believe the demand they currently experience for automated investment services will increase in the next two years
11/09/2016
Credit Suisse expects more consolidation in Swiss finance sector in 2017
The fixed cost base is going up, so you need scale to deal with a higher cost base.
11/09/2016
Cardena partners with Netwealth
We have also been actively speaking with our clients about the significant benefits of managed accounts and the feedback has been extremely positive.
11/09/2016
Mashreq Bank maps out wealth management journey
Mashreq Bank’s wealth management and private banking business has quickly become one of the drivers behind the institution’s growth
11/09/2016
Editorial Comment: Wealth Managers Need Cool Heads As Markets Roiled By Trump Victory
With Donald Trump elected to the White House, investors are already scrambling out of risk assets
11/09/2016
Who are the Rothschilds? And are they really behind all major global events?
The Rothschilds are one of the most powerful dynasties in the world
11/09/2016
Wealth managers sit tight as election dip underwhelms
Healthcare and defence were the immediate winners at sector level
11/08/2016
Stanbic Bank targets High Net Worth Clients
Stanbic Bank intends advancing this goal through its newly established Wealth and Investment unit
11/08/2016
Are wealth managers blocking property fund reform?
Moves to reform open-ended property funds after their second crisis in a decade are underway but some wealth managers are resisting.
11/08/2016
St. James’s Place – “Verizon might take the number three spot in the digital market”
Political risk expected to remain high regardless of election outcome but aftermath of Brexit provides clues
11/08/2016
Investec boosts Brum office with Quilter hire
Investec Wealth & Investment Has Hired New Investment Director
11/08/2016
Old Mutual Wealth appoints Infrared to activate England Rugby sponsorship at Twickenham
UK’s leading wealth management business appoints global experience marketing agency to deliver hospitality and ticket management programme
11/08/2016
CI Expert made available to SJP partners
The service utilises an extensive statistical database to evaluate competing plans and generates a detailed analysis by condition of both current and existing plans.
11/08/2016
DBS looks to buy ANZ's Taiwan assets in Q3 2017
However, ANZ said it would cut its branches in Taiwan to single digits from the current 11.
11/08/2016
Quilter Cheviot announces partnership with Transact
The Quilter Cheviot MPS provides a range of discretionary investment portfolios which offer clients diversified exposure to global financial markets.
11/08/2016
Swiss Stability The Antidote to Uncertain Market Conditions?
Credit Suisse reports the Swiss economy is set to expand by 1.5% in 2017.
11/07/2016
UBS has completed most of cost savings in wealth management: paper
The Swiss bank will cut several dozen jobs at part of its private bank, three sources familiar with the matter told Reuters last week.