Managers of Wealth

Pictet looks to expand in London

Geneva-based private bank Pictet is planning to double the size of its team in London.

Geneva-based private bank looks to expand in London

Headhunters confirmed several Swiss private banks are expanding in London, now bank secrecy in Switzerland is on the way out.

Efficiencies Needed to Support Europe's Wealth Management Growth

This means front line productivity and operational efficiency need to be further increased to address industry-wide cost increases and declining revenue yields.

Synovus Family Asset Management Again Named To Bloomberg Markets List of “The Richest Family Offices”

The list was compiled by the Bloomberg Rankings team based on a survey of more than a thousand firms worldwide, and using a database obtained from the Portland, Oregon-based Family Offices Group.

State Street to Sell Hedge Fund Business in Management Buyout

State Street Corp. (STT) is selling its hedge fund investing business to the unit’s senior management.

Standard Chartered chief: I'm not going anywhere

Peter Sands says conversations on shareholder trip to Asia have not focused on management's future

AP Group opens Singapore office

The new regional base adds to AP Executive offices in London, Guernsey, Jersey, Switzerland and Cyprus. Through this network, the company services clients and candidates in more than 55 jurisdictions globally.

Bahamas 'Hub' On Swiss Private Bank's Latam Expansion

Top executives yesterday said they planned to use their Bahamas operation as “a hub” to support further expansion into Latin America, adding that this nation’s financial services industry was likely to join global consolida

Peregrine has high hopes for Java capital

WEALTH and asset management company Peregrine intends growing its newly acquired corporate advisory business, Java Capital,

European Wealth makes double acquisition

European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.

Swiss Banking Refuge Brings No Solace to Espirito Santo Clients

When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them.

Wealth managers look to boutiques in hunt for quality active management

The survey of UK 80 wealth managers and multi-managers, conducted in September and October this year, found 95% were positive about boutique investing, and 41% said they plan to increase their asset allocation to boutiques in the next 18 months.

Pictet eyes ‘increasingly attractive’ EM currency bonds

The bonds have been hit hard in recent years due to a general weakening in emerging market currencies, many of which have lost a substantial amount of value relative to developed world currencies.

How the wealthy are positioning their portfolios

I’ve found high-net-worth (HNW) individuals to be generally ahead of the curve when it comes to investing.

Merrill Lynch 'goals-based' accounts to reach $200 billion milestone

Consultant says the wirehouse's overhaul of its managed accounts platform fits “fiduciary era”

Wealth Management is Good for Banks

Fitch Ratings has released a statement saying that U.S. banks are moving in the right direction expanding their wealth management divisions and offerings.

Swiss Private Bank to invest in Israeli startups

The bank seeks new opportunities for the affluent clients of its wealth management business

Puilaetco Dewaay to buy UBS private bank in Belgium

The Swiss bank manages more than 3 billion euros in assets and employs 60 staff, including 20 private bankers

Russia and France: Shifting Perspectives

In the recent past we have seen dramatic changes in the tax environment potentially affecting Russian and French private clients with wealth outside their home territories.

UBS says has 86.55pc of shares tendered so far in share swap

UBS launched the share-swap programme in September.

Wealth and Asset Management