Managers of Wealth

The silence on Singapore’s wealth gap

Every capitalistic society will exhibit some inequality as the just rewards for differing work effort.

Fears grow over buyside's liquidity mismatch

Asset managers are revolutionising their approach to bond trading to counter growing fears over their ability to keep pace with redemptions in the event of a sudden pullback from fixed income.

Natixis video: Making smarter use of asset classes

This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for.

Schroders chooses Cazenove brand for wealth arm

It marks a shift from the strategy employed with the integration of the two fund management businesses, which saw Cazenove's funds rebranded Schroders.

Ranks of mega-wealthy to surge as Toronto leads way (Sorry, Vancouver)

The wealthy of Montreal will see their numbers climb 18 per cent to 613 from 520, while Vancouver lags with a 9-per-cent increase to 278 from 255.

Old Mutual Wealth admits liability claims are inevitable in wake of Intrinsic deal

Old Mutual Wealth has admitted liability claims following its acquisition of Intrinsic are inevitable but says the deal was still worth doing.

OMW purchase of Intrinsic to spur recruitment: Feeney

The chief executive of Old Mutual Wealth said the firm planned to increase headcount this year by up to 250 advisers

Rich get richer but give less to philanthropy

The index, which was produced by Forbes Insights, is based on an anonymous online survey of individuals with at least US$5 million in investable assets

Global financial services firm aaid to review options for Swiss Private Bank

Last year sold its wealth-management operations in the U.K., Italy and Dubai to Credit Suisse Group AG.

Schroders' profit soars 24% post-Cazenove buy

Michael Dobson, Chief Executive, commented: “2013 was a record year for Schroders, with profit before tax and exceptional items up 41 per cent. to £507.8 million and assets under management up 24 per cent. to £262.9 billion.

Almost 500 staff receive more than £1m at Barclays

Barclays paid 481 staff more than £1m ($1.67m) last year, prompting criticism that pay is still too high and that banks have not changed their ways since the financial crisis.

Wealth manager comparison site takes on Singapore

Dominic Gamble, challenger to the wealth management industry and founder of findawealthmanager.com, has launched in the Far East.

Ireland the European domicile of choice for global asset managers - survey

Nearly three quarters of 200 global asset managers surveyed recently say they would now choose Ireland as one of their top three European fund domiciles, if they were starting over.

Credit Suisse Private Bank to Boost Asia Lending in Wealth Hunt

Credit Suisse Group AG, which runs Asia’s third-largest private bank, will step up lending to first-generation business owners as it seeks to build relationships with potential wealth-management clients.

Standard Chartered puts wealth at centre of 2020 vision

On a statutory basis, profit attributable to parent company shareholders of $4.09 billion, was lower than the prior-year figure of $4.89 billion, and profit attributable to ordinary shareholders declined to $3.99 billion, from $4.79 billion in 2012.

More deals set for Old Mutual and Intrinsic

Old Mutual Wealth and Intrinsic are planning further acquisitions following last week’s deal which saw 3,000 advisers become part of the investment firm.

Scoban plans £40m fund raising as PRA grants banking license

Private bank Scoban will embark on a £40 million capital raising after receiving confirmation that it is set to receive its banking licence from the PRA.

PAM AWARDS - 2014 Best Private Client Law Firm Recognition For Handler Thayer

In this awards season, Handler Thayer, LLP has also been chosen for the second consecutive year as the Large Tier winner of the 2014 Corporate International Magazine Global Award, "Estate Law - Law Firm of the Year in Illinois."

PAM AWARDS: Harris Associates Best Private Wealth Manager - Performance - Over $5 Billion in Firm Assets

Harris Associates is pleased to announce that it was recognized as the Best Private Wealth Manager for Performance for firms with over $5 billion in assets by the publication Private Asset Management

Morgan Stanley Wealth Management Recognizes 15 Women Professionals at First Makers Conference

“At Morgan Stanley Wealth Management, we are fortunate to have many highly accomplished women professionals working as financial advisors and in other key roles.

Wealth and Asset Management