Managers of Wealth

BNY Mellon Plays the Long Game in Asia

Wealth manager is growing rapidly in Asia with a holistic approach and expertise with globetrotting families.

Principal opens Swiss office

The new office comes at a time when regional players are looking to increase their advisory services capabilities partnering with global managers who are able to offer a distinct set of products that can provide returns for their clients.

Credit Suisse: Ancient Rome Revisited

Asset manager GAM also caved on pay, under pressure from activist hedge fund RBR.

Schroders swoops on $7bn private equity firm

The acquisition of Adveq accelerates the growth of Schroders’ private assets business and complements existing capabilities and expertise in the real estate and infrastructure finance sectors.

BNY Mellon Reports First Quarter Earnings Of $880 Million Or $0.83 Per Common Share

Net income applicable to common shareholders was $804 million

Coutts announces sharpened focus on investment management with new and realigned roles in senior Executive team

Peter Flavel, CEO of Coutts, said: “It’s a great time for Coutts. In 2016, we grew our investment AUM by £2bn, our investment performance sits at the top quartile over 1 and 3 years and our disciplined investment process and principles c

Credit Suisse Offers Asia App for U.K. Digital Private Bank

Britain is the fourth country for Credit Suisse to roll out the digital app.

Marilyn Suey Launches New Firm, The Diamond Group Wealth Advisors

The Diamond Group Wealth Advisors teams up with The Financial Services Network to expand their footprint in Northern California

Bank of America's wealth revenue rises on assets under management, fees

The unit's pretax profit margin, a key metric that can show growth across business segments, rose to 27 percent from 26 percent a year earlier.

Market Perspective - Rothschild Wealth Management

Some setback for markets still seems overdue: March’s brief dip does not qualify. Several potential geopolitical flashpoints outside the US and Europe could trigger one. The calendar itself is becoming less friendly.

UK wealth manager opens South Africa office

Based in Johannesburg, the new office will be led by Paul Heber, who has extensive experience in wealth management in the region.

EFG International's Icy Summits

Swiss banks have often used alpine peaks as a publicity device, from a private bank named after the Clariden peak

Investment fund increases stake in PraxisIFM following TISE listing

News of the fund’s increased investment in PraxisIFM follows its acquisition of Jersey-based Trust company Consortia in January

Massey Quick and William E. Simon & Sons Announce Merger

Massey Quick Simon to offer expanded suite of services to high-net worth families, endowments, foundations and family offices.

ZEDRA shortlisted twice as Independent Trust Company

Winners will be announced at a gala awards dinner which will be held in Singapore on June 1st 2017 at the Westin, Singapore.

Morgan Stanley Posts Strong 1Q Profit, Helped by Trading

After Goldman Sachs reported a disappointing first-quarter profit on Tuesday, largely due to lackluster trading, there were concerns that Morgan Stanley might be in a similar position.

Long-term perspectives key to wealth management

What investors might learn from Long Term Perspectives 2017.

Why next-gen digital platforms will revive portfolios

The upshot for Lawton was to quit banking and set up Eigencat in Singapore.

GAM touts tangible results of turnaround as activist fight hots up

Swiss asset manager posts a quarter of net inflows and says turnaround is on track but its activist opponent has picked up another supporter

Fee Pressure, Consolidation Aren't Over Yet for Asset Managers

It’s going to be a little rough in here for the mutual fund industry, but this is like a kidney stone.

Wealth and Asset Management