Managers of Wealth

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

KAMCO adopts latest technology from Path Solutions

KAMCO’s main activities reside in Asset Management and Investment Banking.

Schroders latest to brace for US tax evasion fines

Schroders is the latest UK group to set aside millions of pounds for potential fines arising from a US investigation into companies that helped American clients evade taxes.

Singapore turns its hand to wealth management

Singapore has been actively targeting key Australian technology leaders in areas from biotechnology to offshore oil and gas groups.

CBA wealth gets back to health

In October 2011, Annabel Spring was pitched into a perfect storm when she became group executive of wealth management at Commonwealth Bank.

RBC's Charge Up M&A Rankings Hits a Bump

A court ruling against RBC Capital Markets LLC turns on the bank's role in an area where it has made significant inroads lately—lending for U.S. private-equity deals.

Banks counting on wealth managers to build new revenue

The survey uncovered the five key traits of Pacesetters and the top challenges they face for continued success.

Credit Suisse Overrode Due Diligence Standards And Accepted Questionable Loans: Court Filings

Top officials at Credit Suisse instructed subordinates to override due diligence standards and accept questionable loans

Vistra expands in Spain

The acquisition strengthens Vistra’s presence in Spain and increases its access to the fast-growing Latin American markets.

Bestinvest teams up with The Times for new wealth service

The Times and Sunday Times have teamed up with Bestinvest to launch a wealth service.

IBS Intelligence again ranks Avaloq bestselling private banking solution in the world

This marks the second year in a row that Avaloq has been awarded with the top rating.

Wealth Management Firms Continue to Lag in Recruiting Women Advisors

The situation is hardly unique to finance of course, with female CEOs accounting for fewer than 5 percent of corporate chiefs in the Fortune 1000 and fewer than 17 percent of directors.

The silence on Singapore’s wealth gap

Every capitalistic society will exhibit some inequality as the just rewards for differing work effort.

Fears grow over buyside's liquidity mismatch

Asset managers are revolutionising their approach to bond trading to counter growing fears over their ability to keep pace with redemptions in the event of a sudden pullback from fixed income.

Natixis video: Making smarter use of asset classes

This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for.

Schroders chooses Cazenove brand for wealth arm

It marks a shift from the strategy employed with the integration of the two fund management businesses, which saw Cazenove's funds rebranded Schroders.

Wealth and Asset Management