Managers of Wealth

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny's advisers can now access a suite of low-cost model portfolios through a partnership with Charles Stanley.

Hedge Funds and Other Financial Institutions Target Rough Diamonds as an Investment

Investment Diamond Exchange, a Los Angeles based firm that specializes in the facilitation of rough and polished diamond transactions, recently expanded its workforce in response to the increasing number of hedge funds and other financial institutions ac

How much are they charging? New research reveals what the big firms cost

New research has highlighted the wide variance in fees charged by large wealth managers and adviser firms.

Rathbones, Close & Brown Shipley in bidding war for Jupiter wealth arm

The race for Jupiter’s wealth management arm now stands between Rathbones, Brown Shipley and Close Brothers Asset Management.

Private Wealth Leaders India conference highlights unique cultural aspects

Mark Biddlecombe the client services director for Nerine in Guernsey attended the Private Wealth Leaders India conference in London on 29 January as a panellist.

Fidelity Shutters Private Wealth Management Unit

David Lamere's short-lived and mysterious stint as head of Fidelity Private Wealth Management has ended, and the division itself has been shut down as a stand-alone unit, Financial Planning has learned.

Lombard Odier rolls out multi-strategy funds for private clients

Monier says: “Traditional approaches can over-expose investors to equity risk and may not be dynamic enough to cope with today’s markets. By balancing risk with a diversified approach, we aim to keep clients’ portfolios balanced and not

Ex-Glencore Trader Taps African Wealthy for Swiss Private Bank

Says he is using the contacts he made during 20 years as a commodity trader to attract millionaire private-banking clients in Africa.

Barclays Wealth team moves into new offices

"We are well placed to advise across a wide range of circumstances: from entrepreneurs looking to take the next step with their business or families seeking support on inheritance and succession planning."

What’s in a name? Wealth management brands v boutiques

Wells Fargo has retained its crown as the world’s most valuable banking brand in BrandFinance’s Banking 500 for 2014.

Everton Football Club inks deal with South African wealth management company

As one of the Club’s first official cup sponsors, the deal will see Warwick Wealth advertising around the perimeter of the pitch at Goodison Park and will also include sponsorship of exclusive video content on evertonfc.com.

Wealthy neighborhoods fuel materialistic desires, study says

Individuals who live in affluent areas more likely to spend compulsively, less likely to save

Deutsche Asset & Wealth rebuilds Edinburgh with double hire

The duo have been appointed senior investment managers in Edinburgh and will join Charles Mullins, the office’s head of wealth planning.

Morgan Stanley sets big goals for wealth management unit

Boosting AUM to about $500B by the end of 2016 from $373B at the end of 2013 is "very achievable," says MS Wealth Management boss Greg Fleming, presenting at a Credit Suisse conference.

StanChart set to sell Swiss private bank

Standard Chartered is looking to sell its Swiss private bank as part of its plan to get rid of several non-core businesses as it sharpens its focus on Asia, Africa and the Middle East.

BNP Paribas Q4 profit hit by $1.1 bln legal charge

BNP Paribas, France's No. 1 listed bank, reported a 76 per cent drop in quarterly profits on Thursday after booking a US$1.1 billion litigation provision in case it faces fines for breach of U.S. sanctions.

Impressive line up of speakers finalised for Businesslife trust forum

Businesslife Events has finalised the speakers for its forthcoming trust forum, ‘Trust is only the beginning’, which takes place in Jersey on Wednesday 2nd April.

Dexia Asset Management rebranded following sale

The change in name follows the confirmation of the sale of the Franco-Belgian bank’s asset management unit to New York Met Life Investments earlier this month.

Behavior is a new pay metric at leading international wealth manager

U.S.-based wealth advisers are no longer getting paid solely on how much money they bring in. Going forward, their compensation could be docked for misconduct.

Aberdeen CEO says no plans to move HQ

The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the face of a forthcoming referendum on Scottish independence.

Wealth and Asset Management