Managers of Wealth

Citywire Wealth Manager Awards 2014: Revealed - the six regional winners

We reveal the six wealth offices across the country which advisers voted to be best in class at our annual awards ceremony.

Mauritius at The Forefront of Tax Friendly Countries For High Net Worth Foreigners

From “Tiger of the Indian Ocean” to “Cyber island”, Mauritius has turned now into a “Safe and Reliable Investment Hub” in terms of good governance as well as ethical, economic, political and social stability.

Citywealth Magic Circle Awards voting is open: have your say on who should win in 2014

The shortlist of candidates, put forward for the Citywealth Magic Circle Awards 2014 has been released by the judges and the public vote is now open to allow the global private wealth industry to have their say.

JPMorgan Asset Management Selling Euro-Periphery Debt on Rally

JPMorgan Asset Management is reducing its holdings of Europe’s higher-yielding debt as it bets a rally in the bonds is ending.

TD Bank hopes to expand U.S. wealth management unit

Toronto-Dominion Bank hopes to expand its U.S. wealth management business, targeting a million people with at least $100,000 in liquid assets

JP Morgan Buys Into Plus500

JP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500.

JPMorgan Asset Management expands presence in Australia

JPMorgan Asset Management has boosted its presence in the Australian wholesale market with the launch of a wholesale business including two new funds, Global Strategic Bond Fund and Emerging Markets Opportunities Fund.

China picks owners for 5 new private banks

Regulators announced last year Beijing would allow the creation of privately financed banks as part of efforts to make the economy more productive by giving market forces a bigger role.

What do India's Swiss banks do?

In a recent reply to Parliament, minister of state for corporate affairs Sachin Pilot said his ministry had shared with the Reserve Bank of India

Wealthy Nigerians

Lately wealthy Africans have been making headlines.

Brooks Macdonald Reports 16% Half-Year Pretax Profit Growth

"Growth was achieved across the group, onshore and offshore, in our bespoke private client service, funds and managed portfolio service," Christopher Knight, chairman, said in a statement, adding that expectations for the current year "rema

Geneva Private Bank expands ME presence

The Group has announced that it has reinforced its Islamic banking investment offer and open architecture services while adding succession planning and relocation expertise to its offering.

Volaw’s Simon Perchard shortlisted for the Citywealth Trustee of the Year award

The award ceremony will be held at The Grange, St Pauls Hotel in London on 8th May 2014

Rothschild HDF launches Alt Ucits platform

The platform, which is called InRIS, is expected to hold around a dozen companies across a wide range of alternative investment strategies.

Itaú Unibanco deploying BlackBerry 10 smartphones along with BlackBerry Enterprise Service 10

Itaú Unibanco, the largest private bank in Latin America, has now announced they'll be upgrading their more than 7,000 BlackBerry smartphones to BlackBerry 10 smartphones starting initially with 1,000 BlackBerry Q5's.

Britain's Close Brothers profit lifted by increased lending

British lender Close Brothers Group Plc posted a 21 percent rise in first-half operating profit driven by growth in its loan book at its core banking division.

Van Lanschot sees profit recovery in 2013

Van Lanschot today presents its 2013 annual results. Karl Guha, CEO of Van Lanschot: "The recovery in profit seen in 2013 demonstrates Van Lanschot's resilience in what are still challenging market conditions.

BlackRock’s Euro assets liquidity fund reaches €1 billion milestone

Financial institutions and corporations use money market funds to manage their cash as they offer stability, daily liquidity and diversification benefits.

Yu'e Bao Among Top 10 Funds in the World Last Month

Tianhong Asset Management Co. has been ranked among the top 10 fund houses in the world last month, thanks to the investments made by users of Yu'E Bao, an online financial management platform jointly launched by Tianhong and Chinese e-commerce giant

FGB hosts UAE real estate and regional investment markets seminar for its First Wealth clients

First Gulf Bank, one of the leading banks in the UAE, hosted a seminar for its ‘First Wealth’ high net worth customers at Jumeirah Emirates Towers in Dubai yesterday, to review the current state of the UAE real estate and regional investment m

Wealth and Asset Management