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.
04/16/2014
Jonty Crosse is Managing Director - Senior Advisor at the Bahrain office of Zurich-headquartered Julius Baer.
04/16/2014
Improved Wealth Management Clients net margin to 29 basis points from 23 basis points in 4Q13
04/16/2014
Bank of America’s wealth management unit reported a modest increase in profits and a surge in advisor productivity, but the bank suffered a net loss for the quarter as litigation expenses related to the financial crisis rose to $6 billion.
04/15/2014
The winner of the 2014 Wealth Management Madness is....
After he took over he did two things that turned the ship
04/15/2014
Five reasons why buying wealth firms may be too consensual
Wright highlighted the potential boost from ‘internal change as a new management team focus
04/15/2014
SYZ & CO Group: Strong increase in 2013 earnings
The good investment results recorded in 2013, both for mandates and for investment funds, allow the Group to envisage a continued inflow of funds in 2014.
04/15/2014
Sallie Krawcheck's Advice For New Grads on Conquering the Gender Pay Gap
She says that women should ask for more raises and take advantage of professional connections, even as she acknowledges that women are losing ground in financial services and other fields.
04/15/2014
EDRAM launches European multi-asset income fund
The equity allocation will make up anywhere between 0% and 50% of the fund, which will be drawn EuroStoxx 600