Managers of Wealth

Standard Chartered wins 4 awards

In 2015, 94 percent of clients expressed that they were "satisfied with the service during their first call to the Standard Chartered call center."

Aberdeen’s Martin Gilbert on the ‘glimmer of hope’ for the manager

The £290.5bn asset manager saw £9.1bn of outflows in the last three months of 2015, although this was a drop from the £12.7bn outflows the previous quarter.

Do small wealth firms still have a place?

The £600m combination marks a new level of deal

Aberdeen Asset Management on the attack as BP pay row hots up

News that one of the loss-making oil giant’s top 10 investors was planning to vote against it is likely to embolden other shareholders to register their anger at Thursday’s AGM.

Gordon "Grant" Curtis Asia Conference Notes for the Affluent

World wealth has grown exponentially in the last decade to the point where so many have achieved centi-millionaire status or even billionaire status, that it is almost unfathomable.

It's not a crime to do business offshore

hang the rich, shut down offshore financial centres, and, if you’re an imperialist like Jeremy Corbyn, colonise them too.

Fortress Three Top Executives Split $44 Million Bonuses In 2015

The firm, which oversaw $70.5 billion in fee-paying investor capital at the end of last year, disbanded its flagship macro hedge fund after almost two years of losses and a spate of redemptions since 2007 shrank its assets by more than three-quarters to $

Hong Kong Emerges as Hub for Creating Offshore Companies

Hong Kong was Mossack Fonseca's go-to spot for financial intermediaries like P&P Secretarial Management

DBS joins forces with Rising Pune Supergiants for IPL-9

Speaking on the occasion, Surojit Shome, CEO, DBS India said: “As the bank that helped finance Singapore’s industrialisation, DBS has always believed in India’s long term growth story.

Wealth firm set to complete triple acquisition

Courtiers has bought out Oxford adviser JRH Asset Management, the first of three impending acquisitions the company said it is hoping to complete soon. The purchase of high net worth-focused adviser, for a price tag above £1 million, will bring &a

Standard Chartered Said Selling $4.4 Billion of Asian Assets

Standard Chartered shares rose 1.7 percent to 451.05 pence, the highest in a week, at 9:51 a.m. in London trading Monday.

Client’s retirement plans ruined following insurer error

As a result, Hamnett Wealth has had to scale down plans Mr P J had hoped to enjoy during his retirement.

Rothschild says Ukraine president's trust up to international standards

Rothschild said Poroshenko had appointed it as a trustee of a blind trust to hold his shares in Roshen.

Why are old banks hooking up with younger models?

Fresh-faced financial technology start-ups (fintechs) are coming up with new mobile-first services - payments, loans, money transfers, digital currencies - and threatening to steal customers, particularly younger ones.

Swiss banks warned of exposure to EM money laundering

Rush to take on wealthy clients raises risk, says regulator

JTC has formed a partnership with INDOS Financial

The partnership means that JTC’s range of private equity, real estate, hedge, infrastructure and other alternative fund clients will now have access to a specialist depositary, which can help managers meet the requirements of the EU Alternative Inve

Deutsche Bank suspends five wealth management executives

No clients suffered damage due to their actions, the source said.

Asia has suddenly lost 62 private bankers. This is how it happened

During both these years the industry’s main players added a combined 300 new private bankers to their ranks.

Swiss MP defends Panama Papers rich

Switzerland's Finance Minister Ueli Maurer has gone into bat for rich people who set up offshore companies, saying they already pay a lot of tax.

Brooks Macdonald to rebrand from next week

“We currently have six underlying businesses and we will still have six underlying businesses, but each of them is currently branded separately,” he said.es are part of the same group.

Wealth and Asset Management