Managers of Wealth

Ukrainian Wealth Floods London Housing Market

Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.

JPMorgan Tackles European Unemployment with $30m Jobs Scheme

Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.

CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds

Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.

Newcomers and Natives in the Land of Wealth

Understanding HNW clients may be easier once you know whether they’re natives or immigrants to wealth

AFH Financial pre-tax profits up 250%

Strong Revenue Performance. Profit Growth. Increased Dividend

Berenberg expands UK private banking team to serve ultra wealthy

German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers

IoD lunch to highlight future prospects for Jersey’s finance industry

Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.

Standard Chartered pays 118 bankers at least $1.4m

Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.

Global wealth managers partners with Wilshire Funds Management

"Our shared vision and purpose makes this partnership very exciting."

Middle East investors keep snapping up trophy assets

High net worth investors and institutions from the Middle East were generous in spreading their wealth across Europe’s commercial property in 2013-21 of the transactions valued at €100 million and over were conducted by them during the year.

Swiss Bank Pictet Opens Office in Munich for German Clients

Pictet joins Swiss banks Julius Baer Group Ltd. and Vontobel Holding AG in opening new premises in Germany

Lord North Street and SandAire agree merger

Currently both firms advise wealthy families

€2.5m profit for Kleinwort Benson

The rise in assets under management follows a number of new business wins

Where are the world’s millionaires going?

New analysis from wealth consultancy New World Wealth has tracked where the world’s wealthiest people have been moving over the past 10 years.

Kleinwort Benson in ownership shake-up as losses reach £14m

Kleinwort Benson's wealth management division racked up losses of £13.9 million in 2013, as the bank's buy of German private bank BHF completed.

Schroders keeps busy with multi-asset coup

Friends Life’s decision to award multi-asset and equity mandates worth £14.5bn to Schroders represents another “significant win” for the investment house, Jason Hollands has said.

The next generation of boutiques: Arjent Wealth Management

This week, continuing our series on boutique firms after a sustainable and ethical investing interlude,

€2.5m profit for Kleinwort Benson

The rise in assets under management follows a number of new business wins

Top 10 wealth management mistakes

The essence of wealth management, as most managers would tell you, is distinct from portfolio management

SINGAPORE: Emergence of affluent class as banks target young professionals

Most lenders, which offer priority banking services, benchmark S$200,000 as the minimum balance requirement to target the high net-worth market.

Wealth and Asset Management