Managers of Wealth

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.

Anne Hoagland, JPMorgan Asset Management Executive, Dies at 62

She joined JPMorgan Asset Management’s Global Real Assets Group in New York in 1998, working with clients such as unions and pension funds.

DBS Said to Consider SocGen Tie-Up for Coutts International Bid

DBS Group Holdings Ltd. is in talks to team up with Societe Generale SA in its bid for Royal Bank of Scotland Group Plc’s international private-banking operations,

Barclays’ Antony Jenkins calls end of universal banking - FT

Mr Jenkins, brought in with a mandate to clean up Barclays after it was hit by the Libor interest rate manipulation scandal, has embarked on a strategy to shrink its investment bank and refocus on its core strengths.

Julius Baer pares BlackRock product range

The moves comes after the US fund house had gained a dominant share of Julius Baer's shelf space following the Swiss bank's acquisition of Merrill Lynch's wealth business.

Nedgroup Investments’s major branding problem

What does the label say?

Baring doubles fund director fees to reflect regulation

Baring Alpha Funds an umbrella type investment company owned by Baring Asset Management has doubled its directors' fees from €25,000 to €50,000 to reflect their greater regulatory responsibilities.

FCA: 50% of wealth managers failing to disclose ongoing charges

The wealth management sector is failing to properly disclose percentage charges

Wealth management ramps up in Houston, brings regulators along for the ride

Houston's wealthy also captured the attention of out-of-towners like New York-based Bessemer Trust

Vision Wealth Expands Global Operations with New Office in Dubai

Vision Wealth Capital launches exciting new growth potential in the Middle East

Wells to raise minimum stock commission size for FAs

A $30 rise in the so-called ticket charge may not sound egregious but transactions can quickly add up

Wealth and Asset Management