Managers of Wealth

Boutique Intermede set to open first fund

The firm manages close to $500 million

Bellpenny switches CEO

Bellpenny has announced Nigel Stockton is to replace Kevin Ronaldson as CEO as he is shifting to the role of founder director.

JPMorgan’s Private Bank Takes a Team Approach

Andrew Cohen, head of the Asian private bank, finds the region’s wealthy are more open to taking advice.

DBS Private Bank's regional ambitions burn bright

DBS Private Bank, which snapped up Société Générale's Asia private banking business for $220 million last year, is still on the look-out for acquisitions as it seeks to burnish its regional ambitions.

JP Morgan banker attacked by shark

A JPMorgan banker explains how he survived a vicious shark attack in North Carolina last Friday

New Deutsche Bank CEO delays overhaul, warns staff to behave

"I can tell you that we will decisively identify problems, apply fixes and hold accountable those who misbehave

Rothschild invests in a Chinese online retailer

Rothschild Group, the well-known family controlled banking firm based in London, has joined forces with CID Group, a private equity firm from Taiwan, to invest $50 million in Chinese online retailer

Independent UK wealth managers pick up younger clients

This is providing an opportunity for companies such as Brooks Macdonald, St James’s Place and Rathbone Brothers to step in

JP Morgan Asset Management has reduced fees for many of its Luxembourg funds

The manager has switched the operational and administrative costs for a portion of its Luxembourg Sicav with $9 billion of assets under management (AUM) from a fixed cost, to a capped, variable cost.

Coutts restructures management team post-international sale

Coutts has said Ewart is currently absent from the business and that it is not in a position to comment any further.

AIM-listed wealth firm completes £3m buy

European Wealth has secured the purchase advisory firm Greensnow.

Wealth managers target clients shunned by larger rivals

But certain firms are targeting these same clients, with a view to gaining more profitable business further down the line.

The next step of evolution: socially responsible wealth managers

Futurologist Mark Stevenson warns that if private client investment managers want to maintain their wealth, they had better start putting it to good use.

Continuous innovation and simplicity the key to delighting future wealth management customers, industry panel finds

A select panel of senior superannuation and wealth management industry representatives has nominated simplicity, identifying customer needs, developing holistic services and providing clients with control as some of the key ingredients to future wealth ma

Wealth and Asset Management