04/23/2014
Most individuals present at the dinner struggled to resolve the issue of how the fund industry can promote itself to the millions of people under the age of 40 who have little or no understanding of what a fund manager does.
04/23/2014
Praemium confirms integration strategy
Integrating its three key products to build a complete wealth management solution.
04/23/2014
National advisory firm Sanlam Private Wealth intends to launch a direct-to-consumer investment platform
04/22/2014
HighTower is an industry-leading financial services firm
04/22/2014
Merrill Lynch Wealth Management sets new $8 million bragging target for its top brokers
The new "Pinnacle Club" will pay its members $10,000 in cash
04/22/2014
French banking major is keen to push growth of its asset management business in India, which it sees as one of the most promising among the key emerging markets in its portfolio.
04/22/2014
Over 10 years, the NAV per share of IEM has grown by 9.9% per annum on average, a significant outperformance versus the MSCI All Countries World Index which has increased by 8.0% over the same period.
04/22/2014
Singapore offers all that and more, including a legal framework which facilitates trusts as well as licensed trust companies to be established.”
04/22/2014
Coutts' Middle East Advisory Board was created in October 2013 to help broaden and shape the firm's ambitious plans, aiding hiring and driving performance by strengthening client relationships. The Board continues to meet twice a year to provide
04/21/2014
The United States of America is attempting to woo High Net-worth Individuals from Oman through its employment-based immigrant visa EB-5 programme.
04/21/2014
IBQ Wins Private Bank of the Year in Qatar Award
International Bank of Qatar was recognised with the "Private Bank of the Year-Qatar" award by the International Banker 2014 Banking Awards for the Middle East.
04/21/2014
Where wealth managers can rent an ‘entire back office'
The wealth sector is gripped by merger mania as advisory firms jump into each other’s arms to deal with rising costs and regulatory challenges.
04/17/2014
EFG launches Swiss equity fund under award-winning Urs Beck
EFG Asset Management has launched a Swiss-focused equity vehicle
04/17/2014
Platform Focus: Skandia
The feedback we heard from advisers was positive from those looking for an “all-in-one” solution – an investment onesie if you will.
04/17/2014
Brooks Macdonald sees assets climb 4.2% in Q1
The wealth manager had £5.92bn of discretionary funds under management at the end of March, compared to £5.68bn at the end of 2013. New business accounted for £215m of the increase, while performance added a further £30m.
04/17/2014
Aberdeen co-founder takes wealth firm public to fund acquisitions
Based on the Theoretical Post Consolidation Price, the Acquisition values EWMG at approximately GBP13.45 million with the value of the Total Consideration being approximately GBP7.1 million.
04/17/2014
City aristocracy watch: Citi/Schroders
They ghost from one non-executive role to the next, these great whales of the Square Mile, leaving in their wake echoes of a bygone age of bowler hats and three-bottle lunches.
04/17/2014
Neuberger Berman launches emerging market debt ‘blend’ fund
Neuberger Berman is to launch a new fund that will invest in both hard and local currency emerging market bonds, Wealth Manager can reveal.
04/17/2014
Natixis launches short-dated high yield fund
The fund offers retail and institutional share classes denominated in US dollars and euros
04/17/2014
Morgan Stanley profit soars on wealth management
Wealth management revenue rose 4 percent to $3.62 billion and the division's earnings were up 65 percent to $423 million.