Managers of Wealth

Suitability Standards and the World of Wealth Management

Recently, a UK wealth manager announced a suitability-related review of historic account records.

Switzerland's Financial Identity Crisis: The Slow Death of a Secretive Tax Haven

Once was a time when what was Swiss was as clear as an alpine lake.

Natixis Second-Quarter Net Rises 29

“Our results are ahead of schedule laid out in the strategic plan,” Chief Executive Officer Laurent Mignon said in the statement.

Here Are The 7 Current Investing Ideas Credit Suisse Is Giving To Private Clients

Credit Suisse has crunched a mid-year update on its top investment ideas for 2014.

Rothschild private bank forgoes dividend after loss-making year

Rothschild is a so-called second category bank, which also include Geneva-based Lombard Odier and Zurich firm EFG International. These banks will escape prosecution if they detail their wrong-doing with U.S. clients and pay fines under the programme agree

AXA Wealth Sipp sales soar as platform assets rise 30%

AXA Wealth’s overall funds under management grew by 10% from £24.3 billion to £26.7 billion over the first six months of the year.

Robin Hood fund robs rich of fees

Making money while helping a charity is the aim of a unique fund to list on the sharemarket.

Skandia confirms September deadline for Old Mutual rebrand

Under the rebrand, the popular adviser platform Skandia Investment Solutions will not be replaced by an alternative brand name.

Ashcourt Rowan CIO: We are raising the bar for active management

The list is made up of investment managers that do not look the same but that can give exposure that we can change throughout the cycle, based on our view of the world,’ he said.

A brave new world for wealth management

Consultancy Baringa Partners' Ben Leighton explores the range of challenges facing wealth managers

Schroders hikes dividend 50% as wealth stars in record first half

This rise was largely down to the acquisition of Cazenove Capital.

Schroders posts record results as intermediary inflows hit £3.8bn

Schroders has also hiked its interim dividend by 50%

Sky is the limit for Arbuthnot

Arbuthnot Latham’s senior staff undertook a skydive from a plane at Chiltern Park Aerodrome, Oxfordshire to help raise £20,000 for the children’s literacy charity, Beanstalk.

Investec scoops £3.6bn in three months

Wealth & Investment reported strong growth in operating profit.

BNP Paribas posts record loss after US fine

The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”

Wealth advisory firm buys investment advisor

Financial terms of the deal were not released Tuesday.

Labuan IBFC introduces Islamic wealth management

“This has somehow create an awareness among the foreign investors to do so as they are convinced with the Islamic version to secure their properties,” he told Bernama in an interview recently.

Barclays sees profits fall 10%

Barclays' six monthly pre-tax profits have fallen after investment bank revenue fell.

Vontobel first-half net profit falls by less than expected

Net new money at the Zurich-based firm for the first half of the year was zero, as modest gains at its private bank were cancelled out by outflows at Vontobel's asset management arm.

Heartwood breaches £2bn asset landmark

Heartwood’s client base has grown across its private client, charity and intermediary divisions, with total inflows of over £600 million over the past 12 months. New business was generated primarily through referrals.

Wealth and Asset Management