Managers of Wealth

OCBC unit to boost discretionary services

Bank of Singapore wants to boost assets under management to US$80 billion as more wealthy Asians let private banks decide on investments

Religare buys Macquarie stake in wealth management JV

The 50:50 JV between the two investment banks was formed on 2007 to tap the fast-growing high networth individuals (HNI) client case

First State Global Emerging Markets Leaders Fund removal from Wealth 150

The First State Global Emerging Markets Leaders Fund has been removed from the Wealth 150 list of our favourite funds for new investment.

Exclusive: Qatar bolstering wealth fund team to diversify portfolio - sources

The hiring reflects a long-term objective of geographically balancing a portfolio which is now nearly 80 percent exposed to Europe.

Novia unveils plans for DFM division

The DFM will offer a range of risk-rated model portfolios using passive investments including Oeics and exchange-traded funds.

Hargreaves Lansdown Founders Set for £56m Dividend

Analysts are predicting pre-tax profits of £190 million for the year, representing a jump of 25%, and a final dividend of 23.1p.

HSBC to cease wealth management business in some MidEast countries

HSBC, Europe's biggest bank, has cut its retail banking business in some Middle Eastern nations

Indo-Brits Account For 22% Of UK’s Ultra-Rich Club

Super-rich Indians account for more than 20% of the wealth of ultra-high net worth

UBS launches first wealth management master programme in APAC

The two-year part-time programme is aimed at providing participants exposure to in-depth and actionable expertise in client book management, client investment and client relationship management.

Swiss private banks: 25% expected to go

Performance good but too small to survive

Wealth management more alluring to top banks

The bank has not built out its wealth management capability aggressively

UK Wealth Management posts £1.9m loss as RDR slows progress

It said revenue had declined as it changed its charging structure and that its approach to the RDR had caused some advisers to leave.

Sparse coverage spells opportunity in frontier markets

Frontier markets have not suffered the same heavy year-to-date outflows as emerging market funds

Lombard Odier has made two appointments to the firm's Asia-Pacific team

The two executives will be Hong Kong-based and report to Vincent Duhamel, head of Lombard Odier Asia-Pacific. Both positions are new roles.

Wooing The Wealthy – StanChart’s Head Of Private Banking, EMEASA

Stephen Evans, SCB’s head of private banking for Europe, Middle East, Africa and South Asia, reveals why Dubai is set to become a global private banking hub.

RBC Wealth Management income up 51%

Royal Bank of Canada’s profit soared to new heights in the third quarter as the bank reported record earnings of $2.3-billion.

Sesame Quadruples Losses as Keydata Fine Bites

Sesame, the adviser network arm of Sesame Bankhall group, has reported a loss for 2012 of £9.3m - four times its losses in 2011 - as a provision for a regulatory fine took its toll.

Canadian Imperial Profit Rises 5.8% on Wealth Management Gains

Canadian Imperial Bank of Commerce, the country’s fifth-largest lender by assets, said third-quarter profit rose 5.8 percent, lifted by its wealth-management unit.

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‘Clients are more engaged in how best to manage wealth’

John Price, executive director of Coutts in Liverpool, says the recession has prompted more people to seek wealth management advice

Wealth and Asset Management