Managers of Wealth

Fairbairn name dropped in Nedbank restructure

The name change is subject to regulatory approval.

M&A on rise for wealth managers

Mergers and acquisitions in wealth management has maintained pace in the past 21 months with over USD9.42 billion being spent on deals involving HNW client funds.

Hana Bank aims to tap China's growing private banking market

Hana Bank is the first South Korean bank to implement its own private banking system in mainland China

ARC Charity Indices - RESEARCH

The Q3 2012 performance estimates for the ARC Charity Indices have been calculated.

Barclays restructures its wealth management team

‘This ties into the firm’s ambition to integrate its core efficiencies and harness all resources across the business for the benefit of our clients,’ a Barclays spokesperson said in an accompanying statement.

Wealthy to increase or continue charitable donations

The nationwide survey was conducted by mail from April to August. It is based on responses from 700 U.S. households with a net worth of more than $1 million, excluding the value of their home, and/or annual income of more than $200,000.

Asia's financial centres compete for wealth management supremacy

The question is, which city will it be?

Investec Wealth raises new client fees after de Broë integration

Investec Wealth & Investment’s has unified its rate card following its integration with Williams de Broë, in a move which will see charges raised for new private clients.

Smith eyes global ANZ wealth division

“Simpler super is almost perfect for bank distribution.”

Canaccord Completes Acquisition

Canaccord Financial has announced that its acquisition of Eden Financial's wealth management business completed today, following the approval by the UK's Financial Services Authority.

Wealth management stagnates at Canada's big banks

Wealth management profits at Canada's big banks shrank or stagnated in the sector's third quarter, as market malaise and skittish investors again neutralized a segment expected to emerge as a future money-maker for the nation's big lenders.

BNY Mellon Acquires 100% of WestLB Mellon Asset Management

WestLB Mellon Asset Management was formed in early 2006 as a 50:50 joint venture between BNY Mellon and Portigon.

London-based wealth manager in £3.5m bolt-on

Acquisition follows plans, announced last year, to increase private client wealth management proposition.

Real estate to remain key asset class for Asian UHNW

Wealth-X estimates in a new report that there are 11,730 ultra high net worth (UHNW) real estate investors in Asia with a combined net worth of US$1.9 trillion, of which US$250 billion is in real estate assets.

Alexander Beard Group in Outsourced Investment Partnership

Cheshire headquartered international financial services firm, ‘Alexander Beard Group plc’, has entered a partnership agreement with London & Capital, to provide an outsourced, discretionary managed investment proposition for use by its UK-

Impax AUM falls

The Board expects the Company's operating earnings to be broadly in line with market expectations.

City Financial acquires Eden Financial AM

City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence, Investment Week can exclusively reveal.

Fairbairn name may disappear as Nedbank restructures HNW proposition

Nedbank Group Board took the decision to consolidate the group’s HNW client offerings

Blacktower opens office in Tenerife

The new Tenerife office brings Blacktower’s office portfolio to eight

Affluent Americans Ready to Take On More Risk - RESEARCH

Merrill Lynch Wealth Management has released findings from its Merrill Lynch Affluent Insights Survey, a report examining the values, financial priorities and concerns of affluent Americans.

Wealth and Asset Management