11/14/2012

Asian banks win as rich seek safety

When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not investment return, as the top priority, following the 2008 global financial crisis that originated on Wall Street.

11/14/2012

Kleinwort Benson assets under management flat

Balance sheet remains strong, with a Tier 1 ratio of 22% in our Wealth Management operations and a strong liquidity position underpinned by our prudent treasury investment policy.

11/14/2012

Investec First-Half Profit Drops

Investec, which owns a bank and money manager in South Africa and the U.K., said first-half profit fell 5 percent after costs rose, the rand weakened and revenue declined.

11/13/2012

Assets Under Management Rise At Julius Baer

The increase in AuM resulted from continued net new money inflows close to the top end of the Group’s medium-term target range as well as a positive market performance impact supported by sustained gains in the global equity and bond markets.

11/13/2012

BRB Wealth Management expands with takeovers

BRB, which has been based at its current location in Etruria since 2001, believes the deal will enable it to consolidate its position as one of Stoke's largest financial advisers.

11/13/2012

Saunderson House confident ahead of RDR

Under the direction of Tony Overy, Saunderson has so far attracted 85 new clients this year and the group expects to continuing pulling in clients with its business in good shape ahead of the retail distribution review.