Managers of Wealth

Asset Managers Change Direction as Index Funds Break Out

The majority of asset managers are trailing the S&P 500 so far in 2016. A big reason for that underperformance is the emergence of index funds.

Wealth Adviser Daily Briefing: Dynasty Trusts, Cutting Cash

Curated news and analysis for wealth advisers and their clients from WSJ reporters and columnists and beyond

Northern Trust Establishes Securities Lending and Foreign Exchange Services in Australia

Expansion of Capital Markets Business Supports Growth

Economics and the alternative funds industry - Jersey Finance

At the start of the Jersey Finance Annual Funds Conference 2016, CEO Geoff Cook sets out the big issues facing alternative funds. He discusses:

Four at Saffery Champness are Citywealth Future Leaders

The list recognises the study and commitment that has enabled them to advance in the industry.

The CEO of mega-bank Citi is caught between regulators and shareholders

But Citigroup may be the best example of how the Fed's efforts to make the banking system safer are tying management's hands and frustrating shareholders.

Cembra Money Bank H1 net revenues up 4 pct

Costs are expected to increase slightly for 2016.

Ex-BSI Asia CEO Brunner Settles Singapore Bonus Suit With Bank

He’s also one of two former BSI executives the Swiss financial regulator has started proceedings against.

Falcon Private Bank Banned From Acquiring New Singapore Business

A spokesman for Falcon didn’t respond to requests for comment. A spokeswoman for MAS said to finews.asia the regulator doesn't comment on supervisory dealings of banks as a matter of policy.

Findings of PwC wealth-management report 2016

Let’s start with how the report is compiled.

NPS: KPI Diamond or KPI Dud for Wealth Management

As the summer sun beats down, reporting season has come about once again across all industries.

Lombard Odier partners with Filipino bank to grow in Asia

The deal is in line with UnionBank’s plan to offer a more customized wealth management.

7IM assets grow 30% to over £10 billion

Since the acquisition in September, 7IM has made a series of hires, bolstering its team

More financial stimulus is needed for long term recovery - St James's Place

Central banks are once more guiding markets’ steering wheel. The Bank of England’s interest rate cut was broadly welcome, although more financial stimulus may be needed for a sustainable, long-term recovery

Chinese wealth manager sets up Jersey trust firm

A weakening yuan is increasingly pushing wealthy Chinese to try and move their investments abroad in spite of the country's strict capital control regime.

Institutional and private client service provider establishes the first Jersey " Managed Trust Company" for a Mainland Chinese financial institution

The new ground-breaking licence was issued by the Jersey Financial Services Commission on 14 July 2016

Wealth and Asset Management