Managers of Wealth

Sailor's warning - St. James's Place

Data suggests the UK economy could shrink by 0.4% this quarter as the UK PMI Composite Output Index suffered the biggest drop in its history between 12 and 21 July.

Rathbone eyes further expansion into advice

The business revealed it has invested in its operations in Scotland and the North, and dedicated full-time support to pursue opportunities in London.

Brooks Macdonald assets rise above £8.3bn

The group’s third-party assets under administration increased from £255 million to £270 million.

EM managers Young and Asante replaced in SJP's fund range reshuffle

As firm reports 'record' inflows for Q2

Bank of Singapore eyes entry into China via onshore partnership model

Bank of Singapore chief says plans to enter China coincides with growing headwinds for the private banking sector, underscoring the need for risk-averse approach

BNY Mellon Named Gold Medal Sponsor of USRowing

This sponsorship represents an extension of BNY Mellon's long-term commitment to the sport of rowing, both in the U.S and abroad.

Butterfield Bank Reports Second Quarter Profit

Butterfield also accelerated the wind down of our London-based private bank, which is now nearing completion.

Broadening the insurance focus on Hong Kong's wealthy

This is a new proposition of Generali. We have never done this before anywhere globally.

Success In The Asset Management Industry Is Not Gender Specific, Says UBS Official

An expectant mother of six months, Huang, in an elegant black dress, arrived at UBS’s office on the 52nd floor of the International Financial Centre in the morning for a meeting, before setting off couple of hours later to the airport for a flight b

Man Group Funds Battered in Choppy Markets

The first half of 2016 has been a particularly challenging period for the global investment management industry.

Cmo Interview: Bringing Digital Transformation To Wealth Management

But just as automation and online servicing have reinvented stock broking and other services in the greater wealth management sector, traditional advisors are also turning increasingly to digital tools to boost their service offerings.

Wealth Management Hiring Skyrockets In Singapore As Fintech Push Continues

According to a report by Morgan McKinley, April saw the UK Treasury announced the launch of a ‘fintech bridge’ between Singapore and the UK.

UBS Intensifies North Asian Growth

The Swiss bank has emphasised their desire to add to the new Kowloon office which was opened earlier this year.

Vontobel CEO caps private banking M&A deals at $20 bln in assets

Staub said the bank also had clear criteria for purchases in asset management

Julius Baer'S Commerzbank Deal Has Sweeping Changes In Asia

The Swiss private bank said in December 2015 it would buy Commerzbank in Luxembourg, which added a mere 4 billion euros to the nearly 300 billion francs that Baer managed at the time.

Julius Baer adds 200 relationship managers for Asian expansion

The Zürich-based wealth manager said on Monday an additional 200 relationship managers had so far signed to join this year.

Chinese lenders rise up private bank rankings

The closely followed ranking, compiled by Scorpio Partnership, the consultancy, also showed ICBC recorded a 35.9 per cent increase in its private banking assets last year, to $154bn.

There's no such thing as bad weather, just inappropriate clothing - Sir Ranulph Fiennes by Penny Lovell

Sir Ranulph is known for breaking records and I have no doubt he will reach his £20m target - I might even be tempted to put on my running shoes for Marie Curie myself though not sure I could even manage a 5k challenge let alone a Global Reach Ende

Research shows digital client experience innovation is top priority for wealth managers

The study confirms our observations in the technology market.

AUM Growth to Slow

The report, "Running Faster to Stand Still," goes on to say fees may come under pressure due to demands for greater transparency, new competitors and a shift to passive products, like ETFs.

Wealth and Asset Management