12/04/2013
Standard Chartered warns of fall in operating profit
Wealth Management income is up by a low single digit percentage year on year.
Wealth and Asset Management
12/04/2013
International law firm expands Asian Wealth Planning Practice
The population of HNWIs in Asia continues to grow as their collective wealth reached USD3.68 million last year, an increase of almost 10% on the previous year.
12/04/2013
St. James's Place retains the 2013/14 Britain’s Most Admired Company Award
We are delighted to receive this prestigious award.
12/04/2013
Credit Suisse sells German private bank business
Credit Suisse has been proactive in evaluating its client service model in Western Europe to ensure that it is ideally aligned to capture opportunities and perform well in the current market.
12/04/2013
McLagan to acquire global wealth market intelligence and research consultancy Scorpio Partnership
McLagan, an Aon Hewitt company, has today announced its intention to acquire Scorpio Partnership, adding Scorpio’s wealth research and consulting insights to McLagan’s wealth management performance and reward advisory.
12/04/2013
RBC reports record earnings in Wealth Management
Record earnings in Wealth Management, up 18%
12/04/2013
Falcon Private Wealth Proves Two Heads Are Better Than One With Fledgling Success
A renaissance of two companies since the financial crisis has led to the birth of Falcon Private Wealth
12/04/2013
StanChart reports theft of 647 private bank clients' statements
Standard Chartered Bank said it has been notified by the police of the theft of 647 of its private bank clients' monthly bank statements.
12/04/2013
Wealth Manager Top 100 star swaps BestInvest for Standard Life
Bestinvest senior fund researcher Mark Lane has left to take up a post with Standard Life Investments.
12/04/2013
Wealth managers, trust professionals keen to relocate
Even "several" who currently already live there were among the 28.6% who said they would most want to relocate to the Continent.
12/04/2013
2014 Market Outlook - State Street Global Advisors
SSgA Bullish on Growth in 2014; Uncovers Diversification and Return Opportunities
12/04/2013
RBC Global Asset Management announces November sales results for RBC funds
Sales of equity solutions have rebounded and strong flows continued into balanced solutions, while the demand for income-generating solutions remained strong.
12/03/2013
SJP, Hargreaves and networks named as post RDR winners
In an unbundled world, this power appears to be shifting towards larger advisers and distributors.”
12/03/2013
Property provides rich pickings for Asia's elite
Despite a price tag of more than $100 million, an office building in Elizabeth Street in Sydney's central business district attracted bids from ultra-high net worth Asians.
12/03/2013
Brewin Dolphin adjusted pre-tax profits up 22%
Brewin Dolphin Holdings' total managed funds stood at £28.2bn at its year-end on 29 September compared with £25.9bn at the 2012 year-end.
12/03/2013
Morgan Stanley Amps Up Lending to Boost Wealth Margins
Morgan Stanley's brokerage business historically focused on helping clients invest in stocks and bonds
12/03/2013
Double-digit growth for Quilter Cheviot in Brum
The Bennett's Hill as is the biggest Quilter Cheviot office in the UK and Ireland employing 43 staff.
12/03/2013
Cameron Hume Selects Northern Trust For Investment Operations Outsourcing
Newly established investment management company Cameron Hume Limited has appointed Northern Trust to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.
12/03/2013
Asian asset managers more optimistic on pay, bonus and headcount in 2014
Bonus in wealth management and alternative fund management is forecasted to go up by around 5% due to increase in asset under management and hiring in Asia.
12/03/2013
Creation of the Association of Swiss Private Banks
From January 1, 2014, Geneva's Private Bankers will be replaced by the Association of Swiss Private Banks. Christoph B. Gloor will serve as the Chairman of the new association.