Managers of Wealth

Warmond acquires Julius Baer’s private wealth management biz

Warmond had launched the pioneering online will-writing called EzeeWill in collaboration with NSDL in late 2014, setting a new trend in the segment.

Credit Suisse to invest over $1b in Asia-Pacific over next 3 years

This comes at a time when most other banks are downsizing their investment banks.

Assetbox solution for Swiss wealth managers

Assetbox helps new managers become regulated by providing the most efficient path

200m mandate awarded to Lombard Odier by Multi-Family Office

The mandate, for an established international family, is valued at €200m and includes institutional asset managemenThe mandate, for an established international family, is valued at €200m and includes institutional asset management

Novia partners with DFMs on new investment portal

Novia Global launched in October 2015 providing a transparent wealth management service facilitating access to a diverse universe of assets and currencies.

Forbes Africa to Launch Global TV Platform

This year marks yet another milestone in the life of the publication which is the number 1 monthly read magazine amongst Africa's Affluent according to the Ipsos EMS Survey.

Barnett eyes Old Mutual Wealth spinout

A public offering is likely should the business, which includes fund arm Old Mutual Global Investors, discretionary manager Quilter Cheviot and adviser network Intrinsic, not attract an individual buyer.

Guernsey private wealth news

Headlines

Credit Suisse Ramps Up Restructuring as Trading Revenue Slumps

Swiss bank is trimming investment banking further and increasing cost cuts

UBS and Credit Suisse launch fintech accelerator

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience.

Despite Crackdown by Beijing, Chinese Wealth Keeps Flowing Abroad

Although concern over China's financial system remains a powerful market narrative, there are many reasons Chinese companies and individuals might choose to cash out.

Julius Baer splits negative rates between bank, clients and advisers - NZZ

Swiss private bank Julius Baer has taken a "commercial approach" to negative interest rates, Chief Executive Boris Collardi told a Swiss newspaper, splitting costs between the bank, its customers and the employees who advise them.

U.S. wealth managers grit teeth and prepare for Labor rule

Some advisers are even job hunting, worried that the rule's impending introduction could slash their compensation.

Atlantic Trust receives national recognition at 2016 Family Wealth Report Awards

The award recognizes an individual working in the private client world.

The new power brokers: meet the alpha females taking over the City

They make deals worth millions, spend thousands on designer labels, party hard and never miss a daily blow-dry. Meet the new breed of alpha females taking over the City

Wealth management firm pulls out of takeover

It sought a deal that would have been paid by at least 50% in cash and the remainder in new shares in AFH or convertible loan notes in AFH.

‘The decision to break up allows us to access the right investors and markets’

The decision to break up the company was announced by new group chief executive, Bruce Hemphill, two weeks ago, because the constituent parts did not make sense as a single group.

Growing UHNW women population demands targeted strategy

Although the ultra-high-net-worth demographic is primarily men, women are an increasingly important subset of the group, according to a new report by WealthInsight.

RBC Global Asset Management Inc. Re-Opens PH&N High Yield Bond Fund to New Investors

RBC Global Asset Management Inc. reserves the right to cap the Fund or otherwise restrict investment at a later date.

Conflicts in spotlight at wealth giants

Big wealth managers face pressure to put more weight on staff behaviour when setting their pay, after the corporate watchdog found many are not properly managing conflicts between their financial interests and those of customers. An Australian Securities

Wealth and Asset Management