08/25/2017
Openwork hits £5bn with SJP copycat fund range
Now Openwork is boasting about reaching a 'milestone' £5 billion of assets in its fund range Omnis.
Wealth and Asset Management
08/24/2017
Keeping India on track for a bright wealth management future
The expectation is that clients will want to see more options across the investment spectrum, with advice on the right selections based on individual risk profiles – and also more guidance during times of market stress.
08/24/2017
Neuchâtel cantonal bank launches its first funds
The funds will be launched on 5 September
08/24/2017
Swiss Banking's Transfer Mysteries
Swiss private banking has become a merry-go-round: reputable client advisers are switching allegiance in rapid succession.
08/23/2017
Sanlam Private Wealth Africa opens office in Mauritius
This includes access to Sanlam's global investment capabilities and the UK-based SPW Global Quality Fund, named the winner in the Best Fund category of the City of London Wealth Management Awards earlier this year.
08/23/2017
UBS Slams Florida Broker’s Whistleblowing Claim as Implausible
His claim asserts two counts of violating a federal Dodd-Frank Act whistleblowing law and a Florida whistle-blowing statute.
08/23/2017
If Credit Suisse Is Going To Remain A Swiss Bank It Might As Well Be An Extremely Swiss Bank
But why would the ultra-wealthy want to bank in Switzerland these days?
08/23/2017
Credit Suisse Creates Unit to Cater to Ultra Rich at Swiss Bank
Credit Suisse’s Swiss universal bank, which offers wealth management, asset management and investment banking, was earmarked for a potential IPO earlier this year
08/23/2017
How Well Does UBS Europe Pay?
The unit employs nine bankers with one million euros or more in salary.
08/23/2017
Pictet Sees Middle East Wealth-Fund Revival as Oil Price Holds
The number of inquiries about new investment mandates has increased substantially.
08/23/2017
RBC boosted by sharp rise in wealth management profits
Royal Bank of Canada on Wednesday reported a 5 percent increase in underlying third-quarter net income, helped by double-digit growth at its wealth management business which offset a weaker showing in capital markets.
08/23/2017
Italian Bank Snaps Up Geneva Wealth Firm
Earlier this month a source told Reuters the deal was worth between 150-200 million euros ($177-236 million).
08/22/2017
BNY Mellon Wealth Management opens Houston office
The office is among more than 40 global offices for BNY Mellon Wealth Management.
08/22/2017
ITALY: New incentives set for high-net-worth individuals, entrepreneurs
Once in Italy, they will have their residence permit applications prioritized.
08/22/2017
VP Bank to Keep Hiring
The bank has hired a string of new client advisers, additions that paid off.
08/22/2017
Transact platform assets drop after client closes account
Chief executive says the platform still plans to float on the London Stock Exchange in early 2018
08/21/2017
Private banks EFG, VP Bank to raise headcount in Singapore
EFG clients include high net worth individuals with investable funds of over US$10 million (S$13.6 million), while VP Bank said it caters to the needs of HNWIs with “assets in excess of S$2 million".
08/21/2017
Investcorp Agrees to Acquire an Interest in a Swiss Private Bank
Completion of the transaction is subject to various regulatory approvals
08/21/2017
Client Service For High Net Worth Individuals: When Every Customer You Support Is A VIP
PURE Group of Insurance Companies, a member-owned insurer established in 2006 by President and CEO Ross Buchmueller and two other insurance industry veterans.
08/21/2017
Italian Managed Wealth: Why Are Italian Investors Abandoning Fixed Income Assets?
Coming back to the three main points highlighted above, it’s worth trying to understand why these three patterns occurred, and why they are so significant in Italy, relative to other countries.