Managers of Wealth

Swiss Investment bank to outsource fixed income trading platform

The Swiss bank will begin outsourcing its fixed income trading platform to two technology groups in an attempt to save costs

SA super-rich rise by 14% over 6 years

The number of South Africans with more than $30 million in net assets climbed 14 percent in the past six years following equity and commodity price gains

Swiss bank Forms Property Venture With Miami Firms

Swiss bank said it has formed a real estate venture with three Miami companies as the U.S. housing market recovers.

Morgan Stanley’s Staid Wealth Management Boost Earnings

Its pre-tax profits in wealth management increased by 26% from last year.

A year on from the RDR, advisers are feeling positive about the future

A year on from the introduction of the Retail Distribution Review, two thirds of advisers are optimistic about their prospects over the next 12 months, with only 10% expecting things to decline.

ABN Amro CEO in drag entertains staff as brothel-owning sister

Rather than the usual speech about market conditions, ‘Priscilla Zalm’ outlined how she advised her brother to lead the bank

Trusts are new tool in Czech Republic wealth managers' toolbox

Since the beginning of January‚ wealth managers in the Czech Republic have been able to make use of trusts for the first time‚ following extensive changes to the country’s civil laws.

AFH Financial acquires wealth manager for £200k

AFH Financial Group plc is pleased to announce the acquisition of the assets of SR Wealth Management Limited

Aberdeen Asset Management Hit By GBP4.4 Billion Net Outflow

Aberdeen Asset Management PLC Thursday said its clients withdrew GBP4.4 billion in the first-quarter, as investors turned against Asian and emerging markets.

Arbuthnot's private bank drives 10% Q4 growth

Arbuthnot Latham has reported strong growth in its assets under management for the fourth quarter

Digital shift drives wealth management practices

“If we command our wealth,” wrote Edmund Burke, “we shall be rich and free. If our wealth commands us, we are poor indeed”.

Bonham Carter breaks through £30bn barrier in final year

Jupiter Fund Management hiked assets under management to £31.7 billion last year, surpassing £30 billion for the first time.

Citigroup Earnings Rise, Helped by Cost Cuts

Citigroup Inc.'s fourth-quarter profit more than doubled from a year earlier as the bank reined in expenses and bounced back from a 2012 quarter weighed down by heavy charges.

The specifics of Russian private banking

Although the private banking market is relatively young in Russia, local banks are now capable of competing with their Western colleagues in terms of complex and exotic investment vehicles

Aberdeen Asset Management publishes more detail on executive pay

Other potentially controversial elements are the lack of an upper limit on bonuses for the directors, including Martin Gilbert, who founded the firm 30 years ago.

Coming soon: New head of retail wealth management at Canaccord Genuity

The stage has been set for the appointment of a new head of retail wealth management at Canaccord Financial.

For the first time in Asia, high net worth individuals will have access to strategies and services that have been exclusive to institutional investors

BNY Mellon has partnered with nine prominent investment advisors to offer more than 20 investment strategies.

Wealth and Asset Management