Managers of Wealth

Few Profits, Tax Probes Spur Israeli Lenders to Exit Private Banking

For small and medium-sized banks, which are what Israeli banks are, there’s no place anymore for them in international private banking.

UBS Asset Management combines 3 businesses into one unit

UBS Asset Management has reorganized three of its divisions into one, said an internal memo obtained by Pensions & Investments.

Five top fintech offerings for investors: Miss Mackay's Money Microscope

When we think about how technology might transform our lives, it's easy to jump ahead to the realm of driver-less cars and polite robots doing our ironing.

Rich Asians Mostly Stick With Dollar Rally UBS Sees Almost Done

The first U.S. interest-rate increase since 2006 is expected next month by mostinvestors, helping push the dollar up by about 9 percent against a basket of 10 major currencies this year.

Manulife Asset Management's Dan Janis and Strategic Income Team honoured with Morningstar Fixed Income Manager of the Year Award

The team, which manages five funds and one pool available to Canadian retail investors, was recognized for its strong global fixed income capabilities and its consistent adherence to a disciplined investment approach.

Four Technology Issues Faced by Advisors

Today’s high-net-worth clients of all ages have technology expectations that, if left unmet, could lead to lower client retention and lost new business.

Morgan Stanley Adds Bonuses for Advisors Who Land Cash-Heavy Clients

Comp plan for 2016 focuses on private banking as the ‘top strategic priority’

Women must fill half of top roles by 2020, states HSBC

HSBC intends to appoint women to half of its senior roles in the UK, setting the most stretching target for gender equality among big British companies.

Youth is not wasted on the Young

And across wealthy families, with Withers, we’ve found the secret to a successful transfer of wealth in families is to develop emotional and practical connections between the generations, particularly the more recent ones, to the original source of

Building A Strong Singaporean Core For Wealth Management

Wealth Management Institute and Singapore Management University announce significant enhancements to Master of Science in Wealth Management programme

Luxembourg Goes in for an Image Makeover

Luxembourg, the country once known as the European “Death Star” of financial secrecy, is looking to improve its image.

Wealth management: big data, better relationships

Technology has given wealth managers the ability to collect more data than ever before.

Global private banking: Head to head with America

GS, MS and JPM have all arrived on the global map. Are the traditional private banks ready for the challenge?

Old Mutual plugs into Africa

Infrastructure investment in Africa is a significant growth area and this acquisition would give Old Mutual full ownership of one of Africa’s leading infrastructure investment managers.

Deutsche Asset & Wealth Management Launches Two Fixed Income Funds

The Funds, while not money market funds, are meant to serve our corporate clients and financial intermediaries’ evolving needs in light of the SEC’s Money Market Reform, which goes into effect October 2016.

New Jersey finance centre 'will not waste taxpayers' money'

A new finance centre in Jersey will give the taxpayer value for money, the treasury minister has said, following a second protest against the plans.

City Financial plots mergers after Investec deal

The Cautious and Balanced funds would merge into the City Financial Multi Asset Balanced vehicle, while the Global Thematic fund would merge into the City Financial Multi Asset Dynamic fund.

UK asset managers signal support for HSBC to move HQ

Aberdeen Asset Management, one of the largest listed fund groups in Europe and a top 10 shareholder in HSBC, said it would continue to back the bank if it uprooted and moved to Hong Kong.

Private banks defend DPM internal bias

JeanLouis Nakamura, Asia Pacific chief investment officer at Swiss private bank Lombard Odier, admitted there was a natural bias towards using inhouse managers for DPM.

Banque J. Safra Sarasin (Luxembourg) acquires Luxembourg Private Banking Business

J. Safra Sarasin acts as consolidator in the private banking market.

Wealth and Asset Management