Managers of Wealth

French banking major gears up for India push

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.

Impax wins Queen’s award

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.

Singapore is a Good Place to Set up a Trust

Singapore offers all that and more, including a legal framework which facilitates trusts as well as licensed trust companies to be established.”

Coutts Expands Middle East Advisory Board

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

High net-worth Omanis target of US immigrant visa programme

The United States of America is attempting to woo High Net-worth Individuals from Oman through its employment-based immigrant visa EB-5 programme.

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.

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.

EFG launches Swiss equity fund under award-winning Urs Beck

EFG Asset Management has launched a Swiss-focused equity vehicle

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.

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.

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.

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.

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.

Natixis launches short-dated high yield fund

The fund offers retail and institutional share classes denominated in US dollars and euros

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.

The Bahrain Banker Interview: Jonty Crosse, Julius Baer - putting relationships first

Jonty Crosse is Managing Director - Senior Advisor at the Bahrain office of Zurich-headquartered Julius Baer.

Credit Suisse reports Improved profitability in Private Banking & Wealth Management:

Improved Wealth Management Clients net margin to 29 basis points from 23 basis points in 4Q13

Wealth Management Up, But BofA Posts Net Loss on $6B in Legal Fees

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.

The winner of the 2014 Wealth Management Madness is....

After he took over he did two things that turned the ship

Five reasons why buying wealth firms may be too consensual

Wright highlighted the potential boost from ‘internal change as a new management team focus

Wealth and Asset Management