10/15/2013

Client Asset Flows Up at BofA as Advisor Ranks Thin

Bank of America’s global wealth & investment management unit on Wednesday reported record-setting quarter in assets under management and fees earned, even as advisor headcount and productivity dipped.

10/15/2013

Separating facts from myth in asset management

As a result of the crisis, many asset managers have already trimmed the fat, so the costs of implementing regulations are not expected to come from leaner business models.

10/14/2013

Chinese WMPs to be Unwound Under New Scheme

The Chinese banking regulator has proposed a scheme whereby banks will offer 'asset management plans' instead of wealth management products, which have sparked concerns.