Managers of Wealth

UBS’s Weber Says Board Backs Management on Investment Bank

UBS AG board supports the strategy of keeping the investment bank to help provide services needed by the company’s ultra-rich clients in wealth management

Wealth-X Presents 8 Predictions For The Chinese Lunar New Year Of The Horse

Wealth-X data shows that those born in the Horse year are the most highly educated among UHNW individuals, and donate more to education causes than any other zodiac sign.

UBS, the chairman’s daughter, and a row over bank connections

She may only be a junior banker but Joyce Wei has caused quite a stir in the past few days in the Hong Kong capital markets.

RC Brown launches Alpha service for Rowan Dartington recruits

Both will draw on eight portfolios across six risk profiles with two income options, investing in a mixture of direct and fund investments.

SEI appoints UK Managing Director of SEI Wealth Platform

Further Organizational Announcements Include Jim London’s Appointment to U.K. Chief Operating Officer; Ryan Hicke Returning to U.S. in Executive Position Supporting Private Banks Team

Raymond James Profit Rises 36%

Raymond James Financial Inc. said its fiscal first-quarter earnings rose 36% led by growth in its private client group and asset management segments.

Rothschild Completes €200m Fund Raising for First Oberon Credit Investment Fund

The Fund targets a 7-9% net IRR, via quarterly cash distributions, offering low volatility of returns and superior access to assets via a proven and highly respected Investment Adviser.

Wealth managers caution equities face setback despite clamour for risk

There appears to be a high level of complacency from investors

Close Brothers Asset Management announces sponsorship of National Family Business Day 2014

The National Family Business Day, launched by Family Business United is designed to recognise the invaluable contribution family businesses make to the British economy, a fact that has often gone unreported and under-appreciated.

Private bank pledges to support community projects in Manchester, as it looks to grow its presence in the north west.

The Manchester Million Club aims to get 1,000 local businesses donating £1,000 a year to provide £1m to support locals.

Euroclear’s Collateral Highway grows 12 percent to EUR 787 billion in 2013

This 12 percent increase on the Collateral Highway – which allows users to seamlessly source and mobilise their securities irrespective of location in order to cover trading exposures and to access central bank liquidity – comfortably eclipsed

Old Mutual coup hits Absa Wealth

ABSA Wealth, reeling after the recent coup in which Old Mutual poached its asset management team, is still struggling to plug the gap.

The Wealth Management Hunger Games

But how does this stack up against some of its “Big 5” competition?

China’s Wealth Management Products Lure Investors With Higher Yields

Legally they are not deposits

Deutsche Asset & Wealth posts 8% Q4 revenue jump

Its parent Deutsche Bank had a tough quarter, recording a net loss of €965 million for the last three months of the year as a slowdown in fixed income trading took its toll on earnings.

Barclays scraps private banking for sub-£500k clients

The standard cost to transfer an account from Barclays Wealth is £20 for each fund or stock held and £50 if moved offshore.

UK wealth manager appoints industry vet as new head of private banking

He is a highly experienced business leader within banking, wealth management and investment management sectors. He has held a number of senior executive roles including Vice Chairman & Group CEO at Sanlam Private Investments UK, Group CEO of the Ansba

Wealth and Asset Management