12/16/2014
Sanlam and Four merger receives FCA approval
The move will not affect existing investment teams or investment processes.
Wealth and Asset Management
12/16/2014
Financial Advisor Usage: Going from "No" to "Go"
The primary reasons self-directed investors do not consult a financial advisor are either cost considerations or they think they can do a better job.
12/16/2014
Under pressure Swiss banks eye China
Switzerland's banking sector, facing the end of the secrecy that was once the bedrock of its business, is turning to China as it seeks new markets for the future.
12/15/2014
Inside Wealth: Some of the rich collect art. Others collect passports.
Along with stock and real estate portfolios, the global rich are now buying a new form of economic security: passport portfolios.
12/15/2014
Julius Baer answers critics of Merrill Lynch deal
Two years after Julius Baer snapped up the international wealth management business of Merrill Lynch, its chief executive is feeling vindicated.
12/15/2014
HSBC's Swiss private banking arm not for sale
HSBC said in June it was selling $12.5 billion of private banking assets in Switzerland to Liechtenstein's biggest bank LGT Group Foundation [LGTGFB.UL] but was committed to Switzerland as an international centre for its global private banking busine
12/15/2014
UAE's wealthy aren't materialists but want quality experiences
New research conducted among high net worth individuals in the UAE has revealed that over three quarters prefer to spend money on quality experiences rather than owning yet more luxury items
12/15/2014
Michael Schumacher 'dropped by £4m a year sponsors' as he recovers from ski accident
Formula One champion Michael Schumacher has been dropped by wealthy sponsors following a ski accident in France almost a year ago which left him in a coma, according to a Swiss news website.
12/15/2014
Julius Baer Becomes Title Sponsor For Punta Del Este Eprix
For Julius Baer, Formula E, with its visionary approach and global reach, is an ideal sponsorship platform
12/15/2014
Swiss scion targets Middle East
The family-friendly approach is one of the selling points Lombard Odier is using in its push into private banking, wealth and asset management in the region.
12/15/2014
Abu Dhabi set to become international private banking heavyweight
A recent survey by the research consultancy Insight Discovery identified about 60 private banks battling each other for increasingly sophisticated business, overwhelmingly from bases in Dubai.
12/15/2014
Canaccord Genuity Wealth Management fund experts named in Citywire top 100
Three employees from Canaccord Genuity Wealth Management in the Channel Islands have been included in the Citywire Top 100 Fund Selectors list for 2014.
12/15/2014
Züricher Kantonalbank acquires Swisscanto in CHF360m deal
The bank confirmed in October that it was in talks with 23 other cantonal banks to buy their stakes in the company, which manages CHF53bn in assets.
12/15/2014
First Canadian Independent Wealth Management Firm to be Nominated for 2015 Private Asset Management Awards
Northland Wealth Management, a recognized leader in the Canadian wealth management industry, is the first independent Canadian wealth management firm to be selected for nomination by Private Asset Management [PAM] Magazine's prestigious annual awards
12/15/2014
High Net Worth Panel Launched
The first launch will be in the UK and is scheduled for the first week of January 2015, but RCR says it plans to add a new market every six to eight weeks. The firm says the product is 'the first independent
12/13/2014
Wealth distribution in Austria particularly unjust: expert
In an interview with the APA Schnetzer called for a higher taxation of capital in the EU, along with a coordinated wage policy that would see wages increase in tandem with productivity growth.
12/12/2014
Chinese wealth next stop for hush-hush Swiss bankers
Swiss bankers worry this will make the country less attractive for investment
12/12/2014
Investec Move "Huge Vote of Confidence" for Guernsey on AIFMD
The island's financial services regulator has reported a total of 140 new funds during the 12 months to the end of September
12/12/2014
Swiss bank seals deal to buy asset manager Swisscanto
"The takeover is simply a quantum leap which, in a short time, allows us to implement our strategy more quickly," Martin Scholl told Reuters on the sidelines of a news conference to present the deal.
12/12/2014
Advisers back inheritance tax reform: OM Wealth
Research from Old Mutual Wealth has revealed adviser support for inheritance tax reform, with 44 per cent of advisers in favour of lifting the threshold to £1m.