12/03/2013
UBS Celebrates Long Term Partnership with Art Basel
UBS announced today that the firm will assume the new role of Global Lead Partner of Art Basel
Wealth and Asset Management
12/02/2013
Wealth managers must address their role in fund market oligopoly
It has enjoyed the best of both worlds: the open competition of the US, allied to the higher fees of Europe.
12/02/2013
Skandia's WealthSelect director to exit in strategy shift
The WealthSelect range consists of ten fund groups: Aberdeen, Artemis, BlackRock, BNY Mellon, Fidelity, Henderson, Invesco Perpetual, JP Morgan, Schroders and Threadneedle, who will run 50 funds as sub-advised mandates via the Skandia platform.
12/02/2013
UBS sweetens incentives for targeting wealthier clients
The traditional grid that defines payments based on annual production will change to reflect broader ranges of in commissions and fees, although the overall pay in the grid won't change.
12/01/2013
Wealth Firm Strikes Partnership With Indian Broker
Xcap, an independent Wealth Manager, Has Entered a Relationship with a broker in India to make its products available to the nation's investors.
12/01/2013
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.
12/01/2013
Rowan Dartington to double investment team in regional push
Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.
12/01/2013
Wealth Creators Grow by 60% but are Investment Strategies Growing at the Same Pace?
Next February, 40 Family offices will gather at in Geneva at Europe's first Family Office Co-Investment Forum, to discuss best structure investments and share opportunities for diversifying portfolios.
12/01/2013
Fund groups in talks with Skandia over Select pricing fears
The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.
12/01/2013
Bank Frey Closes its Doors: Are There any Swiss Banks Remaining who will take United States Clients?
Bank Frey is just the latest of the Swiss banks to close because of increased pressure from the United States
12/01/2013
Epoch Wealth Management celebrates corporate chartered status
Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.
12/01/2013
More M&A deals expected in Asia's private banking sector
Banks including DBS, ABN Amro and Credit Suisse are said to be among the final list of bidders for Societe Generale's Asian private bank.
12/01/2013
Barclays: Death of the West Greatly Exaggerated
The US economy is in better health than doom-mongers would have you believe, the latest Barclays In Focus report argues.
12/01/2013
Canadian Banks Placing Bets on Wealth Management
Wealth management will be a significant part of earnings growth for the country's banks in the fiscal fourth quarter.
12/01/2013
Hargreaves To Announce 'Waitrose-Style' Premium Pricing Structure
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
11/30/2013
Banks Bet on Wealth to Counter Weary Consumers
The six largest lenders will average per-share profit growth of 11 percent after excluding some items for the period ended Oct. 31, Aiken estimates.
11/29/2013
Dominant City has most €1m bankers in EU
European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London
11/28/2013
Rothschild on Buildout in HK Hub, Eyes Singapore
Edmond de Rothschild is boosting its private banking capabilites in Hong Kong, and will look to add 10 staff in the next 12 months.
11/28/2013
UBS shrinks advisory team for rich in emerging markets
The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.
11/28/2013
Mattioli Woods reveals revenues hit by Ucis action
Mattioli Woods has put the brakes on property syndicates after the regulator stated Ucis should only be promoted to more strictly defined “sophisticated investors”.