Managers of Wealth

Lombard Odier IM launches long/short multi-asset fund

The duo also run the LO Funds - Commodities Risk Par ex-Agri and the LO Funds - Commodities Risk Parity funds on behalf of the Geneva-based asset management firm.

Butterfield profits climb to $22.8m

Butterfield did not detail the purchase prices or the properties it was referring to, but it said non-performing loans fell by $23 million as a result of the deals, offset by “modest deterioration in the residential mortgage book”.

BNP Paribas Wealth Management wins private bank awards for Europe, North Asia

Wealth Management department at BNP Paribas bank has won the prize for “outstanding private bank in Europe” at the 2014 Private Banker International Awards, the bank announced in a Friday statement.

Strauss-Kahn's business partner dies in apparent suicide in Tel Aviv

French-Israeli financier Thierry Leyne reportedly jumped off the 23rd floor of the luxury Yoo residential towers.

Canadian financial institutions have big advantages when it comes to attracting wealthy investors.

Royal Bank of Canada and its peers are devoting more effort to building private banking franchises everywhere from the U.S. to Asia.

Private banks bet on Hong Kong as China financial reforms still hazy

Growth in number of billionaires has seen more private banks set up shop in Hong Kong to service demand for offshore investment

Told to Find 'Sugar Daddy,' Karma Chief Sees Path to $500 Million Funds Instead

When Nandita Agarwal Parker started her India hedge fund a decade ago, all investors in the U.S. wanted to talk about were her children and her husband.

From Life Insurance Agents To Wealth Managers

There was a time when life insurance agents provided life insurance, investment advisors provided money management, accountants did tax work, attorneys did legal work and so on and so forth.

Banque Internationale à Luxembourg opens first branch in Dubai

Launch marks important step in BIL 's international expansion

Wealth managers fear being caught by banker bonus rules

Wealth firms are growing concerned a regulatory crackdown on bonuses within the UK banking sector could end up impacting the investment management industry.

Old Mutual Wealth targets close ties between Quilter Cheviot and Intrinsic

Old Mutual Wealth is to establish a close relationship between adviser network Intrinsic and Quilter Cheviot after it agreed a £585m deal to acquire the discretionary manager.

Nedbank Private Wealth shortlisted for the inaugural GCC region awards

Nedbank Private Wealth was recently voted Best in Class for Integrated Banking Service for the second year running in the Professional Adviser International Fund and Product Awards.

Between Wealth Generation and Preservation

Traditionally, the Middle East has been a classic offshore private banking market served out of centres like the UK and Switzerland

Hong Kong Protests Turn DBS Wealth Deal Into Relocation Ordeal

We were afraid that if our staff go in, they can’t come out

Credit Suisse flags more investment bank cuts

Credit Suisse is to make more cuts at its investment bank, which helped the Swiss group to produce stronger-than-expected earnings in the third quarter.

CEO of Citi’s Private Bank in Asia says the wealthy seek external advice, but transparency is key

Citi Private Bank bucks the trend with customers who have investable assets of $10 million or more – and a net worth of $25 million or more.

Good wealth advisers are hard to find

“As a boutique organisation, we don’t have a brand that people are naturally attracted to, and we need to find people that really relate to a very bespoke culture and ethical standard. It’s very, very hard.”

UBS looking for millionaires in an unlikely place

While average incomes are 27 percent lower on the north side of Victoria Harbour than on Hong Kong Island

Beware the potential pitfalls of taking a senior role in wealth management

Directors and chief executives across financial services companies must now take greater personal responsibility for the actions of their company.

BNY Mellon WM in Hong Kong wealth management push

Bank of New York Mellon’s Hong Kong unit is launching a major wealth management initiative, joining a host of US-based banks seeking to expand their fee-based investment services

Wealth and Asset Management