07/30/2013
F&C sees profit rise on cost-cutting drive
Net revenue increased by 4.8% to £126.1M
Wealth and Asset Management
07/30/2013
Wealth managers neglecting clients
The number of people looking for a new wealth manager because their existing adviser is neglecting them has doubled in a year.
07/30/2013
ANZ becomes fourth bank to open gold vault in Singapore
As banks follow the trail of gold to Singapore, ANZ has become the latest to set up a dedicated gold vault here.
07/30/2013
OP-Pohjola wealth management earnings jump 125%
Finnish financial group OP-Pohjola has reported a 124.9% increase in pre-tax earnings from its wealth management business in the first two quarters of 2013, compared to the same period last year.
07/30/2013
Most Investors are Concerned About Maintaining Their Current Financial Position: Survey
A Spectrem research study indicates that most High Net Worth investors are concerned about maintaining their current financial position.
07/30/2013
Cracking Open the HNW Wallet
A new study by Aite Group found that firms need to invest more in data management and analytics technology to win a larger share of HNW wallets.
07/29/2013
Nicola Horlick seeks gold on silver screen
Nicola Horlick, the former City fund manager once dubbed Superwoman, unveils a new asset management business with plans to raise a $100 million fund to finance Hollywood movie-making.
07/29/2013
Advising Aussie’s biggest Wealth Transfer
Within the next 20 years, 70% of Australia’s financial assets will be held by Generations X and Y.
07/29/2013
How to Get High Net Worth Clients: Communication is Key
Exactly one-fourth of High Net Worth investors do not use financial advisors for investment advice.
07/29/2013
Wealthy investors have few regrets - RESEARCH
Financial regrets do not play a large role in the lives of High Net Worth investors
07/29/2013
Investors turn to friends and family to find financial advisors
Friends and family are the most often used resource when an investor is trying to find an investor
07/29/2013
Investors turn to friends and family to find financial advisors
Friends and family are the most often used resource when an investor is trying to find an investor
07/29/2013
UBS Wealth Management delivers highest profit in four years
UBS adjusted profit before tax CHF 1 billion
07/29/2013
Mattioli Woods buys wealth manager in £6m deal
The deal comprised initial consideration of £3.24 million, including £0.375 million in cash and 946,256 new shares.
07/29/2013
Deutsche Bank Profit Tumbles on Legal Costs
Continental Europe’s biggest bankset aside €600 million to cover legal costs
07/29/2013
UBP Increases Net Earnings by 10%
Assets under management amounted to CHF 81.1 billion (USD 85.7 billion) as at 30 June 2013
07/29/2013
VIEL & Cie reports revenue in the second quarter of 2013 up 1.9%
The Group's financial situation has not changed significantly since the publication of its 2012 financial statements.
07/29/2013
UBS Has Relationship With 80% of Asian Billionaires, Chief Says
The Swiss lender that’s shrinking its investment banking business to focus on wealth management, said it has a business relationship with as many as eight out of 10 billionaires in Asia.
07/29/2013
Raymond James Launches Portfolio Management Tool for Advisors
Raymond James Financial launched Portfolio Management Center, a portfolio management and research tool for its employee and independent-channel advisors.
07/29/2013
Flemings seeds new Investec fund
Fleming Family & Partners, the multi-family office, has seeded a new Africa-focused fixed-income fund with Investec Asset Management