06/18/2014
Vontobel: Keeping Switzerland’s edge on wealth management
Georg Schubiger, head of private banking at Vontobel discusses staying competitive, disruptive technology and weathering market volatility at the Reuters Wealth Summit.
Wealth and Asset Management
06/18/2014
Why hasn't the wealth industry adopted a total cost methodology?
As a recent study by consultancy Lang Cat highlights wide disparities in pricing between discretionary managers, executives say an industry standard to calculate the total costs for clients is needed more than ever.
06/18/2014
Ultra Wealthy Compete With Institutions For Commercial Real Estate
Increasingly, the world’s ultra wealthy are looking for lucrative deals in the commercial real estate market.
06/18/2014
Guernsey gets exposure in the US
Guernsey's funds industry has been showcased to some of the leading private equity managers and advisers in the US.
06/18/2014
Carrier Pigeon Commerce: How Knowing First Helped The Rothschilds Build A Banking Empire
This story appears in the June 30, 2014 issue of Forbes
06/18/2014
Monitor Switzerland – Preserving locational advantages
The analysis shows that the most important explanatory factor behind a country's locational appeal for direct investments lies in the attractive taxation of companies
06/18/2014
Creechurch Capital scoops Best in Class for Boutique Wealth Management Services
The Professional Adviser awards celebrate organisations that are at the cutting edge of delivering financial products and services
06/18/2014
Parmenion launch Interact: UK’s first Simplified Advice system for Advisers
Interact is being trialled through a select group of Advisory firms with a view to full launch in the Autumn.
06/18/2014
Knight Vinke sees UBS moving towards break up
Knight believes UBS's wealth management business would thrive apart from its riskier investment bank, and took a roughly one percent stake last year to campaign for a split.
06/18/2014
Wealth management firm launches DFM service
Advisers who wish to use the service will be given a full risk-profiling pack which they will need to complete with clients before being able to match them to a Montage portfolio.
06/18/2014
UK wealth management arm of SG Private Banking grows new adviser team
The team has already started giving advice but is expected to be running at full speed by the end of the year.
06/18/2014
Nedbank Private Wealth wins award for Focus platform
Nedbank Private Wealth has again received recognition for its innovative Focus service in the Professional Adviser International Fund and Product Awards with the award for Best in Class for Integrated Banking Service for the second year running. In addit
06/18/2014
Asia's wealth spurs competition for private bankers: Citi
Asia is particularly competitive for bankers
06/17/2014
Coutts & Co boss welcomes DoJ deadline extension in U.S. tax case
They have fortunately extended some of the deadlines
06/17/2014
St James’s Place completes Henley Group acquisition
SJP said both companies’ business models are based on "high quality face-to-face advice
06/17/2014
Bestinvest’s Hall targets £6 million in cost synergies from Tilney deal
Hall noted the average client size for both Tilney and Bestinvest is currently more than £1 million, and said the large-scale hiring of financial planners ‘will be targeted at that client segment’.
06/17/2014
Africa is the fastest growth region for private banking
"Africa is the fastest growth region for private banking globally," said Andrew Amoils, senior analyst at the New World Wealth. "We estimate the African private banking market will grow by 8% per annum over the next 10 years."
06/17/2014
RBC Wealth seeking deals to boost alternative assets
We would be interested in acquisitions that broadened capability in that business," George Lewis, group head, RBC Wealth Management and RBC Insurance, said on Monday.
06/17/2014
UBS sees opportunities amid rising regulation
New regulation is constantly driving up the cost of business for private banks, a senior executive at Switzerland's UBS AG has warned, even as fast-changing conditions present opportunities for wealth managers.
06/17/2014
GoldenTree Asset Management Expands Global Footprint; Opens Singapore Office
The opening of a Singapore office is an indication of our commitment to investors in the region