Managers of Wealth

Royal Skandia is rebranded

Royal Skandia, the Isle of Man employer, has been rebranded to Old Mutual International.

Barings plans multi-asset resurge after exits and outflows

Barings lost three key members of its multi-asset team - Percival Stanion, Andrew Cole and Shaniel Ramjee - in August, who later went on to head up Pictet Asset Management’s push into the space.

More wealth planning and financial advice being offered to expats

Unlike their counterparts in some other countries popular with British and northern European expats

UBS Whistle-Blower Birkenfeld Seeks Permission to Move to Europe

UBS paid $780 million to avoid prosecution

Wealth manager in £1.6m payout to acquiree director

European Wealth’s board have today made a payment to director Peter Mullins in shares and convertible loan stock worth as much as £1.65m, under the agreement for the acquisition of he former firm Bradley Stuart in October 2012.

Legg Mason's five key calls for 2015

Legg Mason and its subsidiaries highlight five asset classes they expect to perform strongly next year.

SocGen says 'premature' to review Russia profit targets

French bank Societe Generale said on Tuesday it was premature to begin reviewing profit targets for its Russian business after a newspaper report said they could be at risk.

Charles Stanley dozen defect to Walker Crips and Hargreave Hale

Eight wealth managers feature in a dozen departures from Charles Stanley to Walker Crips and Hargreave Hale.

Russians turn to art, jewellery and diamonds as rouble slides

Wealthy Russians in London have been buying up expensive jewellery, art and diamonds for millions of pounds apiece as investments to protect themselves from the collapsing rouble.

JP Morgan AM snaps up Aviva’s Asia real estate assets

The transaction will not affect Aviva’s multi-manager property strategies in the region, which will continue to operate from its Singapore office.

How to share wealth and not spoil your kids

Advisers say wealthy families are spoiling their kids, dampening their ambition and putting the family wealth at risk.

Treasurers diversify funding amid Asean expansion

Corporates paying slight premium for local-currency debt to limit forex risks; treasurers increasing become strategists looking at operational risks associated with business growth

Security risks get wealthy families’ attention

Some ultra-rich hire consultants to secure homes, vet staff, protect information

Old Mutual plans new fund range as it waves goodbye to Skandia

Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.

Natixis Global Asset Management Closes NexGen Financial Acquisition

The Arrangement constitutes a change of control of NexGen Financial Limited Partnership, the manager of the NexGen mutual funds, effective today.

Negative Swiss rates positive for Europe: Wealth Watch

The move to negative rates highlights the SNB’s ongoing and potentially escalating concern about deflationary risks in the Swiss economy

Russian Billionaires Are Putin's Hostages

Russia's financial crisis has seen the Russian equity market's total capitalization plummet to $345.9 billion from $647.4 billion, as measured by the RTS index. That makes all the country's public companies together worth about as much as

Swiss & Global replaces custodian for Luxembourg funds

Swiss & Global Asset Management has changed the investment services provider for the majority of its funds domiciled in Switzerland and Luxembourg, which have $70 billion (€56 billion) of assets under management.

UAE’s built assets wealth is almost half that of Netherlands and 122% higher than Singapore

UAE’s built assets (US$1 trillion) are almost 48 per cent of Netherlands (US$ 2.09 trillion) and 122 per cent higher than Singapore (US$ 0.82 trillion).

Lombard Odier Brings A Swiss Touch to Asia’s Rich

Lombard Odier’s Vincent Duhamel watches risk to help protect and grow wealth built over generations.

Wealth and Asset Management