Managers of Wealth

UBS chief says Swiss government is leaving banks exposed

This is unacceptable and opens the door for a new offensive against Swiss banks.

Asset managers have worst year since financial crisis

BCG put the lack of growth down to slow net flows and the negative and turbulent performance of global financial markets.

U.S. banks' wealth management profit engine seen stalling

But lately that jewel has been losing its luster.

Lloyds eyes fresh job cuts as savings programme speeds up

The move would add to the 9,000 job losses and 200 branch closures already in the pipeline.

Lendico And PostFinance Launch Joint Venture In Switzerland

The international online credit marketplace Lendico is continuing its expansion in Europe by founding Lendico Schweiz AG on 8 July 2016.

Standard recognized best in wealth management

It is very rewarding to have been recognised for our ability to build deep and meaningful relationships with our clients.

Media Mogul Says Indonesia Proving to Be Brexit Haven

The stocks we hold in Indonesia all went up.

Singapore, Hong Kong, London and Zurich to Form Powerful Alliance

The professional body, seeing an opportunity in the current U.K. political turmoil, is proposing clubbing together with other top non-European Union financial centres to more closely align efforts to ensure access to EU markets.

UBS Advises Super-Rich to Buy European Dividend Futures: Chart

The contracts are undervalued, even after paring some losses following a “very sharp sell off post-Brexit.”

Wealth Adviser Daily Briefing: High-Net Worth Adviser’s Survival Guide To The Future

So Mr. Vonnegut has put together a guide showing how an investment professional can be successful five years from now in the wealthy client niche.

Succession Buys Scottish IFA For £2.5m

The consolidator has bought Hamilton-based Caledonia Financial Planning for a total consideration of £2.5m.

National IFA gets multi-million boost from Clydesdale Bank to fund acquisitions

The national advice firm acquired London-based PFP Group and Managed Wealth last year and now plans to continue growing.

HighTower adds Beverly Hills-based RIA with $500M in assets

Acquisition is fourth in RIA channel since last year and eighth overall in 2016

Wealth Taxes Make Swiss Cheese of Declared Wealth

Taxing wealth leads declared wealth to disappear, says a new study based on experience in Switzerland

Schroders launches first long/short Pan Asian equity fund on GAIA platform

The fund will be managed by the investment team at Indus Capital, led by Sheldon Kasowitz, CFA, Managing Partner and co-founder of Indus Capital.

COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016

This is a sharp decline from the US$ 126.7 directly invested in the first half of 2015.

Northern Trust expands mutual fund services for correspondent bank clients

By consolidating mutual fund processing, clients will have a single outlet for all asset reporting and settlement.

EFG Shows Clear Conviction For Scale

It might seem an under-statement to say that EFG International’s integration of the BSI business is coming at an especially challenging time.

TMF Group launches common reporting standard services

In 2017, a second group of countries will implement the CRS, with the exchange of information starting in 2018.

Bank Julius Baer says go for gold, bats big for India among EMs

Bank Julius Baer says go for gold, bats big for India among EMs Seventh pay commission, GST expectations, monsoon will push growth for the India, says Mark Matthews of Bank Julius Baer.

Wealth and Asset Management