Managers of Wealth

UAE rich might not get any richer -- study

“Generally speaking, we would expect that in most regions of the world, the Gulf included, luxury goods and services prices are rising faster than standard inflation,

BBVA Compass creates UHNW division in Latin America

"The new project is committed to the group's presence in Latin America and is aimed at enhancing the service in this sector," those sources explained.

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Tilney slips further into the red following £4 million suitability bill

Tilney’s directors said: ‘The company’s provision has arisen as a result of the FSCS announcing pre-year-end that an additional levy would be payable by the private wealth management industry, and will result in a future outflow with no

Nearly Half Of UK's Wealthiest Financiers Are Foreign Born

The total wealth of the financiers in the list exceeds US$27 billion, and foreign born ultra high net worth individuals (UHNWIs) constitute 66 per cent of that total.

Signia Wealth in takeover talks

Signia Wealth is currently in discussions with a couple of family offices, one of which is a “fairly long way down the line”.

Leading asset managers wins Best Wealth Manager for Charities award

The category was open to wealth managers and asset managers and the award was based on a combination of votes from Investors Chronicle readers and an independent judging panel of representatives from across the financial services industry.

Isle of Man - Best International Finance Centre - Awards

International Award Winners Announced

Barclays withdraws discretionary service for clients below £100,000

Barclays’ Wealth and Investment division has withdrawn its discretionary management service for direct clients

The UK wealth managers you rate the highest

We want to know who’s really doing an outstanding job.

Cazenove European Fund removed from Wealth 150

The Cazenove European Fund has been removed from the Wealth 150 list of our favourite funds across the major sectors.

Wealth managers have fewer clients, but more assets

Evidence of the missing individuals is to be found in empty bankers’ desks and less busy client meeting rooms.

Societe Generale Private Banking Hambros voted ‘Best UK Private Bank’

This award is based on the votes of Financial Times and Investors Chronicle readers, a panel of judges, performance data and interviews with managers.

Walker Crips revenue stable, AuM rises 43%

Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).

Scotiabank changing name of financial advisory unit to Hollis Wealth

Scotiabank is changing the name of its DundeeWealth financial advisory business.

Morgan Stanley Raises Profit Target for Wealth-Management Unit

Having met that goal two quarters early, it is now aiming for higher margins, according to Gorman's presentation.

Princely Liechtenstein bank keen for clarity on tax

Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.

Wealth Manager: Signature - 'we have missed out on some low-hanging fruit'

‘We have missed out on a lot of what you could call the low-hanging fruit,’ says Andrew Morris, head of business development at IFA asset manager Signature and co-founder of parent company Rowan Dartington, reflecting on the recent discretiona

RHJI Wins Support from Largest Shareholder Against Breakup

The possibility of a breakup at RHJ International SA (RHJI.BT) receded Wednesday after its biggest shareholder said it is sticking by the company in its effort buy German private bank BHF-Bank.

Maybank wants to capitalise on ‘mass affluent’ customer group

Malayan Banking Bhd (Maybank) wants to cater to the “mass affluent” banking business segment, a customer group which has often been overlooked by the wider local financial industry.

Wealth and Asset Management