04/25/2014
Toronto-based bank seeks to boost earnings from wealth management
The bank's retail brokerage, asset management and private wealth management businesses generated $392 million in adjusted earnings last year, or 11 per cent of the bank's total adjusted profits.
04/24/2014
Schroders is unlikely to become an ‘acquisition machine’ following its purchase of Cazenov
04/24/2014
Raymond James has been making a strong recruiting push
04/24/2014
St James’s Place reported that it had been ‘considering the addition of a complementary global strategy that would enable Dan and David to continue to manage the fund whilst catering for the anticipated future growth in assets under management
04/24/2014
Firms are upping their game on the recruitment front
04/24/2014
Schroders has moved to close two of its funds, owing to their small assets under management
04/24/2014
GSAM has also launched an Advanced Beta Strategies platform
04/24/2014
With the recent introduction of a new legal instrument called a trust fund
04/24/2014
Brooks Macdonald Asset Management has signed a strategic partnership with accountancy and financial services firm Reeves.
04/24/2014
Wealth Management Trends - The Good, The Bad & The Ugly
2013 was a mixed year for the retail wealth management business, with positive highlights such as increases in assets under management, revenues and production hiding some disturbing underlying trends.
04/24/2014
Standard Life Investments, a key institutional shareholder, has voted against Barclays' plan to award higher bonuses despite a 30% fall in profits.
04/24/2014
Combined fee earning assets were up 14 per cent during the quarter when excluding platform assets, primarily as a result of client subscriptions, particularly in advisory mandates.
04/23/2014
Most individuals present at the dinner struggled to resolve the issue of how the fund industry can promote itself to the millions of people under the age of 40 who have little or no understanding of what a fund manager does.
04/23/2014
Praemium confirms integration strategy
Integrating its three key products to build a complete wealth management solution.
04/23/2014
National advisory firm Sanlam Private Wealth intends to launch a direct-to-consumer investment platform
04/22/2014
HighTower is an industry-leading financial services firm
04/22/2014
Merrill Lynch Wealth Management sets new $8 million bragging target for its top brokers
The new "Pinnacle Club" will pay its members $10,000 in cash
04/22/2014
French banking major is keen to push growth of its asset management business in India, which it sees as one of the most promising among the key emerging markets in its portfolio.
04/22/2014
Over 10 years, the NAV per share of IEM has grown by 9.9% per annum on average, a significant outperformance versus the MSCI All Countries World Index which has increased by 8.0% over the same period.
04/22/2014
Singapore offers all that and more, including a legal framework which facilitates trusts as well as licensed trust companies to be established.”