Managers of Wealth

DBS Near Deal for Société Générale’s Asia Private Banking Business

Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million

Canaccord Genuity Voted Wealth Management Company of the Year

This year a record number of votes were cast.

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

FxPro Group Ltd has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12thMarch 2014.

IFG Group Sells IFA Business For £9.1 Million

James Hay and Saunderson House parent company IFG Group has sold its IFA arm to Ascot Lloyd.

Excellence in UK Private Asset Management Celebrated at the PAM Awards Gala Event

Senior private asset managers enjoyed a lavish gala event, celebrating the exceptional achievements of private asset managers, organised by PAM Insight with Wendy Marston Events.

F&C sees “significant headwinds” despite profit rise

Fund flows from the Consumer and Institutional business were strongly positive in the fourth quarter at £771 million

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.

Wealth and Asset Management