Managers of Wealth

Nedbank Private Wealth wins award for Focus platform

Nedbank Private Wealth has again received recognition for its innovative Focus service in the Professional Adviser International Fund and Product Awards with the award for Best in Class for Integrated Banking Service for the second year running. In addit

Asia's wealth spurs competition for private bankers: Citi

Asia is particularly competitive for bankers

Coutts & Co boss welcomes DoJ deadline extension in U.S. tax case

They have fortunately extended some of the deadlines

St James’s Place completes Henley Group acquisition

SJP said both companies’ business models are based on "high quality face-to-face advice

Bestinvest’s Hall targets £6 million in cost synergies from Tilney deal

Hall noted the average client size for both Tilney and Bestinvest is currently more than £1 million, and said the large-scale hiring of financial planners ‘will be targeted at that client segment’.

Africa is the fastest growth region for private banking

"Africa is the fastest growth region for private banking globally," said Andrew Amoils, senior analyst at the New World Wealth. "We estimate the African private banking market will grow by 8% per annum over the next 10 years."

RBC Wealth seeking deals to boost alternative assets

We would be interested in acquisitions that broadened capability in that business," George Lewis, group head, RBC Wealth Management and RBC Insurance, said on Monday.

UBS sees opportunities amid rising regulation

New regulation is constantly driving up the cost of business for private banks, a senior executive at Switzerland's UBS AG has warned, even as fast-changing conditions present opportunities for wealth managers.

GoldenTree Asset Management Expands Global Footprint; Opens Singapore Office

The opening of a Singapore office is an indication of our commitment to investors in the region

Asset managers find skills gaps in multi-asset

Multi-asset solutions have been widely expected to benefit since the introduction of the RDR

Novia release record results

Wealth management firm Novia has announced business growth of 64 per cent in the last 12 months.

Nedbank Private Wealth and Nedgroup Trust staff raise over £8,700 for charity

The staff of Nedbank Private Wealth and Nedgroup Trust , have been busy raising money for five staff-nominated charities.

Julius Baer builds out Dutch private banking team

Following the recently finalised acquisition of Merrill Lynch's Wealth Management activities in the Netherlands by Julius Baer, the Swiss private banking group has now announced the appointment of three new relationship managers.

IFA to bolster buyout war chest with Aim listing

Dealings on Aim will start on 30 June 2014, Worcestershire-based AFH Financial says.

When Bad Wealth Management Happens To Good People

Robust bootlegging operations in America between 1920 and 1933 provided easy cash for those willing to operate outside of the law.

BNP Plans U.S. Expansion With 100 More Wealth Advisers

BNP Paribas SA, the French bank facing a potential $10 billion U.S. penalty over its dealings with sanctioned countries, said it’s sticking with a plan to expand its BancWest division.

Teamwork the Wall Street mantra for wealth management

When James Gorman joined Morgan Stanley in 2006 to run its wealth management business, he told brokers in his maiden address that they should work in teams.

Brooks Macdonald to make 'substantial' DFM fee cut

Brooks Macdonald is planning a ‘substantial’ fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Two Types Of Affluent Celebrities

There is a nearly insatiable interest in how celebrities spend their time and money

Asia's rich wary of global banks managing money: Portcullis TrustNet

Wealthy Asians are increasingly wary of letting banks look after their money and would rather use smaller asset managers instead

Wealth and Asset Management