Managers of Wealth

SJP chief lauds group's 'reassuring consistency' after record FUM

Elsewhere, the group said it had maintained a 95% client retention rate and, over the year, had grown adviser numbers almost 10% to 1,958.

Lombard Odier adds Deutsche’s former chief risk officer as new managing partner

The move represents a rare outside appointment at partner level for the private bank with $225 billion in client assets that traces its roots back to the late 18th century and is run in part by seventh-generation descendents of its founding families.

Brown Shipley enters race for Jupiter wealth arm

Brown Shipley has emerged as a potential buyer, a move that would bolster the private bank’s investment management operation in London.

Leading Asian financial services group in advanced talks to buy SocGen Asia private bank

It was unclear how much Southeast Asia's biggest lender would be willing to pay for the bank, but previous estimates from financial sources have valued it at between $300 million and $400 million.

Time for private banks to tap Gulf wealth?

Within the GCC, HNWIs are serviced by 61 private banks all located in Dubai, 31 of them international. There are an estimated 700 private bankers in the region.

UK's best portfolio managers rewarded at Portfolio Adviser Wealth Manager Awards 2014

Portfolio Adviser rewarded the UK's finest portfolio managers last night at its invitation-only Wealth Manager Awards held in London.

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

Wealth and Asset Management