03/26/2017
Merrill Lynch and Morgan Stanley: A tale of two fiduciary 401(k) business models
Each firm uses an approach that mitigates risk, but some observers say they're more for show than potential problem solving
Wealth and Asset Management
03/26/2017
UBS Hires $1.2 Million Merrill Producer in Rochester
The team has an active 401(k) rollover business with baby boomers that they feared would also be affected by Merrill’s tightening fiduciary-rule restrictions on retirement accounts.
03/24/2017
Canaccord Genuity Wealth Management Acquires UK-Based Investment Dealing and Custody Business
The transaction serves to support Canaccord Genuity Wealth Management's growth strategy and its new clients will benefit from access to award-winning expertise, supported by a sophisticated operational and technology platform.
03/24/2017
Private bank urges clients to invest in passive funds
Horseracing’s money manager criticises active funds’ high fees and underperformance
03/24/2017
Credit Suisse Increases Bonus Pool 6%, CEO Thiam Gets $12 Million
Swiss bank handed out $3.1 billion in bonuses for 2016
03/24/2017
Capital Markets Undergo ‘Generational’ Change
The financial industry is going through a generational change in market structure
03/24/2017
Why AI is the ‘biggest opportunity ever’ for asset managers
AI offers the biggest employment opportunity asset management has ever seen
03/24/2017
‘Wearable Sculptures’ Become Collectibles on Their Own
“Artist jewelry is eking out, leaving the art world and becoming more acceptable”
03/24/2017
Hedge fund firm Brevan Howard granted injunction to block Reuters story
Under Britain's legal system, individuals and companies can file for privacy or confidentiality injunctions
03/24/2017
Natixis Global Asset Management Fund Managers wins Fund Awards in the U.S.
Gateway and Loomis Sayles funds earn top positions in a broad range of categories
03/24/2017
HNW Lending launches Isa for loans against property and classic cars
HNW Lending has launched a new Innovative Finance Isa that is different to many of its peers. But what does it offer and what are the risks?
03/23/2017
Japan's affluent once again drawing global wealth managers
Negative interest rate policy provides opening
03/23/2017
Rothschild's Gardiner Sees Bumpy Ride Ahead for Markets
He speaks on Bloomberg Markets.
03/23/2017
Wealth Migrate enters SA property market
Now these same benefits and opportunities are finally available to South African’s in their own market.
03/23/2017
Old Mutual brings 22seven in-house, founders leave
Looking at the year ahead, Old Mutual will focus on making the existing service the best it can be
03/23/2017
Arbuthnot Latham profits climb 51% as lending booms
This has been a momentous and highly profitable year for Arbuthnot Banking Group
03/23/2017
Saunderson House parent takes hit on discretionary launch
Within the wealth management market, discretionary investment propositions have continued to attract assets at a faster rate than advisory investment propositions
03/23/2017
Raymond James Financial Reports February 2017 Operating Data
The decline compared to the preceding month was largely due to lower fixed income commissions.
03/23/2017
Mirabaud eyes expansion as income rises
The Group enjoys a stable Tier 1 ratio of 20%, well above the level required under Basel III.
03/23/2017
Royal Bank of Canada signs up to HM Treasury "Women in Finance Charter"
RBC is focused on achieving an inclusive workplace where all employees have equal opportunity to reach their full potential, and recognises that diversity and inclusion is not just a core value, it is also a business priority