11/24/2015
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.
11/24/2015
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.
11/24/2015
J. Safra Sarasin acts as consolidator in the private banking market.
11/24/2015
Israel Discount Bank sells Swiss operations
The sale of Discount Bank's business in Switzerland is a result of its strategic plan of concentrating its international business in the US.
11/24/2015
New World Wealth says that one in every 35 people in London – which is the equivalent to 395,600 people – own assets worth more than £1m.
11/24/2015
At present, the panel is made up of 21 discretionary fund managers, giving advisers a range of partners to choose from.
11/23/2015
Axa has brought in advisors to help it sell off some of its UK businesses, including parts of their wealth management division, the Sunday Times reported today.
11/23/2015
Cash allocations fell to their lowest level since 2008, the high-net-worth investing club reported
11/23/2015
Move echoes Swiss central bank's negative interest rates
11/23/2015
European Wealth swoops on Manchester private client firm
The wealth manager said the deal will add a further GBP30.0 million in assets to its Manchester office.
11/23/2015
The pair already run the firm's multi-asset global funds, which were launched in 2007, as well as its discretionary management service.
11/23/2015
Brooks Macdonald expands discretionary services in S. Africa
The Global Life Plan is a unit-linked investment plan from leading South African-based provider Glacier International, a division of Glacier by Sanlam.
11/23/2015
A former partner of Ogier, Mr Le Cornu was instrumental in the management buyout of the fiduciary services business in 2014. He has responsibility for Elian Private Wealth across Jersey, Guernsey, Cayman, the Middle East and Asia.
11/23/2015
Increases in the value of financial assets added CHF 11,400 bringing the total rise in asset value to CHF 21,500 per resident.
11/20/2015
Barrio Logan College Institute and Lava Mae each receive $100,000 grants and honored for their commitment to their communities
11/20/2015
Van Lanschot has notified the trade register of the chamber of commerce of the withdrawal.
11/20/2015
The obligations related thereto were assumed by Julius Baer Group Ltd. in 2009.
11/20/2015
The banking operations, their holding in the fund administration company, and the real estate at Rathausstrasse 20, Vienna are to be acquired within the framework of an asset deal.
11/20/2015
Instead the firm is looking to expand into the European market and focus its sales efforts in the region, says Bonham-Carter.
11/19/2015
Technology and service improvements are key if private banks are to strengthen their coverage of independent asset managers, said panelists at an AsianInvestor forum.