05/26/2015
Eaton Vance’s Wealth Unit Readies for a Move Upmarket
The business unit, which manages more than $5 billion in its own RIA and fields 16 advisors — or “counselors” as it calls them — is in the midst of a major revamp.
Wealth and Asset Management
05/26/2015
Angel Investor of Paypal Visits Ju-Ai-Cai, an Online Wealth Management Firm in China
Davison has been in talks with Heng Ren, the CEO of Ju-Ai-Cai, which may lead to an investment from Peter Thiel, ex-CEO of Paypal and early investor of Facebook
05/26/2015
Italian media tycoon says still looking for an investor in AC Milan
Italian media tycoon and former prime minister is still looking for a co-investor in AC Milan to help revive the fortunes of the Serie A football club which he has owned for nearly three decades
05/25/2015
Deutsche's Asia asset arm pitching for share of bank's €1.5bn investment
The mainland market to play major role in hitting growth targets set by Deutsche Bank's asset and wealth management division
05/25/2015
UBS spins off local wealth unit via management buyout
It is negotiating with two big global players for its new IT platform, which will be independent from UBS.
05/25/2015
Abu Dhabi Islamic Bank eyes UAE expats as industry growth slows
Abu Dhabi Islamic Bank will focus on winning more business in the United Arab Emirates' expatriate community this year as growth in the national banking sector slows
05/22/2015
How our Asset Management Awards were won
Last night AsianInvestor celebrated its Asset Management Awards with the cream of the industry. Here we reveal four winners announced on the night, and explain why they won.
05/22/2015
Wealth management firm set to exceed targets for fourth year running
The business announced that it has already secured £61m of new assets under management nine months into its financial year and is just £6m away from reaching its full-year goal.
05/22/2015
Barclays private banker strikes out alone with Leeds launch
His new office will take on the Raymond James banner, unlike other boutiques that operate with a different name but plug into the back office system.
05/22/2015
Jersey described as ‘one of the first and best’ in shaping transparency landscape at London conference
“The certainty that can offer the private wealth community will be a real competitive advantage for Jersey as investors increasingly seek centres that can offer high standards and effective asset protection capabilities.”
05/22/2015
Investec eyes global growth in wealth management
Mr Elliot said: “We are targeting two areas — the expatriate market and the Hong Kong Chinese markets.
05/22/2015
Vistra Group to be acquired by private equity firm
The Vistra Group management team will continue to hold a significant shareholding in the Company after completion.
05/22/2015
Swiss Bankers Respond To Privacy Initiative
Report by René Matteotti, Professor at the University of Zurich, on the “Yes to the protection of privacy” initiative (Matter Initiative)
05/21/2015
Should wealth managers still offer advisory?
The rise of discretionary has continued unabated in recent years.
05/21/2015
The Value Of Wealthy Clients For Professionals
When it comes to the wealthy, the math on the asset side of the profit and loss statement is pretty simple.
05/21/2015
Wealth Adviser: Confronting Conflicts Among Broker Teams
Financial advisers and investors now can compare how their net worth and investment styles compare to that of President Obama and his wife.
05/21/2015
Old Mutual Wealth sees sales go up at Intrinsic
Old Mutual Wealth’s gross sales increased by 16 per cent to £4.6bn in the first quarter of 2015.
05/20/2015
Odey Asset Management raises stake in Plus500
The wealth management firm now holds 14.09% interest in Plus500, after purchasing 1,605,000 shares in the broker on Monday.
05/20/2015
Europe Assets 'Topic du Jour' Among Wealthy: Smiles
Simon Smiles, the Zurich-based chief investment officer for ultra-high-net-worth individuals at UBS Group AG, talks about investors' interests in European assets
05/20/2015
Why Cantor's Wealth Division Is Faltering
It's a really formidable challenge for firms to get into the high-end wealth management market and leverage off their name without a solid strategy," says Brian Hughes, president of Philadelphia consulting firm Hughes Growth Strategies.