11/28/2013
MPF Assets Continue to Grow Amid Unpopularity
Fund expense ratios in Hong Kong's compulsory retirement scheme lack clarity
Wealth and Asset Management
11/28/2013
Brown Shipley private banking head steps down
The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.
11/28/2013
Citigroup’s Banker Pay in London Tops Lloyds, Santander
Spain’s Banco Santander SA paid an average of 207,000 pounds, while Lloyds Banking Group Plc paid the least, at 158,000 pounds.
11/27/2013
ING Direct To Target Advisers With New Model
ING Direct is reinforcing its third party distribution team to market the bank's products to financial advisers.
11/27/2013
Hambidge cuts Premier’s equities in Europe
The manager now has just 2 per cent of his £223.6m Premier Multi-Asset Distribution fund invested in European equities.
11/27/2013
Impax Asset Management Reports Profit In Fiscal Year - Quick Facts
The Board of Impax Asset Management recommended a dividend of 0.9 pence per share for the period, which represents a 20 percent increase over the dividend for the previous period.
11/27/2013
FNZ Selects Euroclear For Fund Settlement
FNZ, the custody services provider with £45 billion in assets under administration, has signed a strategic partnership agreement with securities depository Euroclear UK & Ireland
11/27/2013
Credit Suisse and UBS launch swiss finance council
The Swiss Finance Council will represent the interests of internationally active Swiss financial institutions
11/27/2013
RBC Global Asset Management Receives Multiple Distinctions At Morningstar Canadian Investment awards
The Morningstar Canadian Investment Awards is the only national event of its kind in Canada that reflects the collective efforts of a broad range of industry experts, advisors and investors within the Canadian financial services industry.
11/27/2013
Vanguard Launches Adviser Value Index
A novel means of measuring and monitoring over time the value advisers deliver to their clients has been launched by Vanguard Asset Management.
11/27/2013
Swiss Wealth Manager UBS Targets Africa’s Millionaires
The amount of people on the continent that fall within our wealth- management bracket is increasing every day and there are still tons of opportunities relatively untapped.
11/27/2013
French asset management industry opens up to UK investors
France's asset management industry has remained strong and dynamic in a challenging global environment, the AFG and PFI said during their first roundtable in London this week.
11/27/2013
Deutsche aims for mega-rich in UK private bank revamp
Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".
11/27/2013
Nine IFAs pick up coveted Gold Standard Award
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.
11/26/2013
Charles Stanley looks to take on Barclays Wealth managers and open Cardiff office
Charles Stanley is in talks to take on a number of Cardiff-based Barclays Wealth and Investment Management investment managers and open an office in the Welsh capital
11/26/2013
Award and £15bn milestone for Quilter Cheviot
WEALTH management company Quliter Cheviot is celebrating winning an industry award and breaking the £15bn barrier for its funds under management.
11/26/2013
UBS Investment Bank Bans Use of Multi-Bank, Social Chat Rooms
Regulators have targeted traders’ electronic messages, using them as evidence of wrongdoing in their investigations into the manipulation of benchmark interest rates and foreign- exchange markets.
11/25/2013
Only 15pc of Aussies have financial adviser
LESS than a quarter of investors seek expert financial advice, revealing the extent of opportunity for the banks to source more earnings from wealth management -- but also showing how far they have to go.
11/25/2013
Most Wealth Managers Are Contemplating Outsourcing
Most wealth managers are looking to outsource some parts of their businesses in the next five years
11/25/2013
DBS, ABN AMRO among final bidders for SocGen Asia private bank-sources
Singapore's DBS Group Holdings and ABN AMRO are among the suitors to place final bids for Societe Generale's Asia private bank