Managers of Wealth

Pictet launches Diversified Alpha multi-strategy fund

The Diversified Alpha investment committee is chaired by Pictet head of total return equities Philippe de Weck

Pimco outflows dent Allianz asset management earnings

German insurer Allianz saw 21.7 billion euros in net investment outflows from its bond fund manager Pimco in the first quarter, hurting performance fees and contributing to a 28 percent decline in asset management operating profit.

Rathbones buys law firm as it continues hunt for opportunities

Our outlook remains optimistic with the impact of recent acquisitions expected to have a positive effect on earnings in 2015

Why JP Morgan fund managers hunt down brave analysts

Herding is the reason analysts are unlikely to go out on a limb too far when it comes to earnings predictions

Legg Mason closes two small-cap funds

Legg Mason has shut two small-cap funds managed by its subsidiary Royce Associates.

Positive quarter for Rathbone Brothers

Funds under management grew strongly in Rathbone Unit Trust Management

Old Mutual poaches new FD from South African Nedbank

Group Finance Director Succession and appointment of Chief Operating Officer to the Board

PwC & ING to launch new 'sporting family consulting service'

The shared expertise and philosophy that PwC and ING are offering will provide a fresh approach and we’re delighted that they’ve chosen Soccerex as the event to present it to the industry.

Swiss private banking group cuts jobs

The bank said the acquisition contributed to a 4% increase in total assets under management in the first four months of this year, to 264 billion Swiss francs ($297 billion).

Julius Baer says four-month assets rise, net new money on track

It cut roughly 100 staff in the first four months

Oh no it's a 'Yes'! What wealth managers are telling Scottish clients

Not only will the political fallout from independence be immense, it could also have major financial implications

Rothschild closes Five Arrows credit fund on €415m

The fund adds to the series of debt vehicles to have closed successfully in recent months, on the back of strong investor demand for credit solutions.

New consultancy company targets international wealth management industry

He has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.

The monumental overhaul at Barclays means its wealth division has grown in significance

Will Barclays ultimately regret its sub-500k decision?

HSBC says bonus for chairman capped at 1 million pounds

Banking group HSBC Holdings Plc has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds and saying it would be a one off.

SEI Wealth Platform Extends Strategic Partnership With Towry

SEI announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021.

Advisers Scramble as Firms Trim Overseas Business

Ileana Platt was put in a bind when Barclays PLC announced plans to pull out of the Latin American market for wealth management services.

Noah Holdings Tops Q1 EPS by 4c

Noah Holdings Limited is a leading wealth management service provider focusing on distributing wealth management products

Wealthy property investors set to target less obvious city locations, report suggests

Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.

London brokerage sets up wealth management arm

London-based brokerage has launched a new wealth management arm.

Wealth and Asset Management