10/11/2016
Old Mutual estimates closing London base will cost up to £65m
The managed separation process is expected to be completed by the end of 2018.
Wealth and Asset Management
10/11/2016
Crestbridge Luxembourg to act as manager in first RAIF platform
This means that non-EU managers can quickly set up and bring to market funds under the supervision of the pre-authorised manager.
10/11/2016
St James’s Place Backs Janus Henderson With US$983 Million
Henderson asset manager, will acquire Janus Capital Denver based fund company
10/11/2016
Stealth wealth: inside the secretive world of wealth management
Capital Without Borders by Brooke Harrington reveals a new, hidden focus for financial services: keeping family assets secure.
10/11/2016
OMGI’s Tonkinson: We are expanding our international footprint
He started out as an independent financial advisor at Towry Law, and spent the earlier years of his career at Prudential and Fidelity.
10/10/2016
ABN Amro weighs sale of Asia private-banking business
The cost to the banks is climbing fast, and some players may just decide to focus back on their more profitable core business.
10/10/2016
Swiss bank stake sparks Formula E season into life
Aside from Julius Baer, the other new investors in Formula E include New-Wave, which is the ultimate parent of Weibo, China’s answer to Twitter.
10/10/2016
Digital-savvy millennials’ future riches draw suitors
Generation Y is the focus of new efforts to encourage them to save
10/10/2016
Investigating 10 myths about Switzerland
Switzerland leads the rankings in global surveys in all sorts of categories, from innovation to quality of life to nurturing talent
10/10/2016
UBS Wealth Management Moves Downmarket in Bid for More Clients
Other banks are turning to technology to reach investors.
10/10/2016
440 Strand to remain the historical home of Coutts after purchase
Extending the long standing association that Coutts has with the Strand will help secure the prestigious brand's future and set the foundations for the bank's continued long-term growth.
10/10/2016
Is ABN Amro Next Domino to Fall?
ABN Amro has in the region of 140 relationship managers and an estimated $19 billion under management.
10/10/2016
Now the ‘merely affluent’ can pay UBS to manage their wealth
UBS is also opening its doors to the merely affluent in Germany and Taiwan, through different programmes.
10/10/2016
Stonehage Fleming acquires leading HNW adviser
London-based FF&P Wealth Planning, was launched in 2011 following a strategic partnership between Asquith & Partners and Fleming Family & Partners.
10/07/2016
Barclays losing private bankers to StanChart ahead of OCBC takeover
About 20 Barclays relationship managers are expected to join OCBC's private-banking unit in Hong Kong.
10/07/2016
Urs Brutsch: Asian Private Banking is in a Perfect Storm
The pushback on fees puts an even bigger burden on margins already under strain.
10/07/2016
Investors face losing life savings in offshore closure
Investors have been urged to contact the Channel Islands Financial Ombudsman without delay
10/07/2016
You need a wealth manager to avoid riches to rags path
We have heard stories about people who work hard for a better living and then years down the line cannot get anyone to believe that they were once swimming in riches.
10/07/2016
European Wealth acquires £120m Towry client book
The £1 million consideration will be paid in instalments.
10/07/2016
Neptune partners with Raymond James to launch wealth arm
Neptune said Equester Capital Management will be a branch of Raymond James