Managers of Wealth

Invesco Perpetual loses contract to manage St James's Place funds

Star investor Neil Woodford will take three mandates with combined assets of £3.65 billion to Oakley Capital Management

Hampden lends backing to new private bank

The veteran banker, who had sought a major investor to lend a suitably Scottish name to his Scoban venture, has attracted insurance and financial services group Hampden, the largest priv-ate capital adviser at Lloyds.

Winners Of WealthBriefing Switzerland & Liechtenstein Awards 2014

Luminaries from the private wealth management industry honoured outstanding practitioners last night at the inaugural Switzerland & Liechtenstein WealthBriefing awards, held in Geneva.

Wealth firm raises £1.6m to fuel acquisition spree

The financial advisory and discretionary wealth firm told the market it had received commitments to subscribe for a total 1,157,854 shares of 10p in the company at a price of 140p per share.

Charles Stanley defence shows clash at Brewin Leicester arm with head office

The six quit Brewin last March to join Charles Stanley and launched a Leicester office for the company.

Barclays hit with departures of international advisers

Brokers with international clients have been moving to competitors in recent months as Barclays curtails its international business

Credit Suisse CEO Gets Big Pay Hike

The chief executive of Credit Suisse Group AG received a 26% increase in total pay for 2013, a year in which the Swiss lender's profit rose sharply as it streamlined operations.

Credit Suisse doubles its litigation provisions

Credit Suisse’s preliminary results for 2013 were updated to reflect an additional after-tax charge of CHF 468 million, primarily due to an increase in the litigation provision relating to the ongoing United States Department of Justice (DOJ) invest

Canada's super-rich increase their share of country's wealth

Canada's 86 richest families and individuals own as much as poorest 11.4 million

Merger of wealth management firms completed as planned

The teams from the two companies have been combined and now share the same workspace

Discretionary managers to merge

The deal has received FCA approval and is scheduled to complete on Wednesday 30 April 2014.

Rothschild and Dutch lender ends Investment Banking Cooperation

Australian news website Business Spectator reported the news earlier today.

Ruffer Reports Negative Total Return

Ruffer Investment Company Ltd Wednesday reported a negative total return between the start of January and the end of March.

SOUTH AFRICA: Wealth managers vie for rich customers

Managing the wealth of rich individuals is becoming an increasingly competitive business as more players enter the market, but it is a complex industry in which the "chancers" will not survive.

Vontobel CEO Says First-Half Performance Seen Lagging 2013

Vontobel dropped as much as 1 percent in Zurich, and was 0.4 percent lower at 34.65 Swiss francs by 10:54 a.m., extending the loss this year to 6.2 percent. The stock climbed 27 percent in 2013.

Sun Life Global Investments launch of private client business

The introduction of Private Client reinforces our commitment to superior service

Wealthy Migrants Boosting London's Economy Through Investor Visa Programme

This visa route is a positive step by the government Read more: http://www.digitaljournal.com/pr/1826594#ixzz2xjJhOGEy

THERE’S A FLASH of colour about banking life at Nedbank Private Wealth

The bank, based on the Isle of Man, also has offices in Jersey and London, and didn’t make a single redundancy during the recent economic troubles.

Banco Santander Said to Buy BNP’s Private Bank Unit in Miami

Banco Santander SA, Spain’s biggest bank, bought the private banking unit of BNP Paribas SA in Miami to help to win more business from wealthy Latin American clients

Towry to launch advisory investment service

Towry is set to launch an advisory service, following its acquisition of Bluefin.

Wealth and Asset Management