Managers of Wealth

NCB Capital Wins Wealth Management Award

There are 14 areas that are evaluated, including assets, liabilities, total income, net attributable profit and return on assets, collating data on real size, real growth, and percentage growth.

Firms make financial planning more gay-friendly

Many big firms are trying to make financial planning a lot more gay-friendly.

Liechtenstein Lawmakers Back Fund Managers Law

Under the legislation, there will be a limited licensing obligation for small funds, while the so-called business partner model will be created for administrators, risk managers, investment fund distributors and prime brokers.

Vatican’s bank moves to lift veil of secrecy

It was an effort to demonstrate the Vatican’s latest attempt at modernity and transparency – and came just before a key meeting next week of international anti-money laundering experts.

Wealthy Swiss Hoard Cash, See Doom for Euro

In Switzerland, 58 percent of private banking clients have lost confidence in the financial system. Forty-four percent worry about inflation.

Lombard Odier to Meet Target as Swiss Banks Lure Spanish Funds

Client inflows will at least match last year’s 7.2 billion Swiss francs ($7.4 billion), helping to maintain profitability, Droux said in an interview in Solothurn, Switzerland. The bank is targeting 7 billion to 8 billion francs, he said.

Wealth products lose appeal amid falling inflation

Banks saw their wealth products become much more popular last year after the inflation rate began to outpace deposit interest rates by the greatest distance seen in three years. That trend is continuing this year.

Credit Suisse Upbeat on Profits ‎

Further to its statement of last Friday and in response to media reports about its second quarter financial performance, Credit Suisse informs that it expects based on quarter-to-date information to be profitable at the Group level and in all its division

Rockefeller Asset Management Becomes A Signatory To United Nations Principles for Responsible Investment

The Firm remains well-recognized in the investment community with an internal team of professionals dedicated to its efforts in the area.

Nicola Wealth Management Launches NWM Private Equity Fund

To date, the Fund has attracted strong interest from existing investors and clients who are new to the firm.

Brewin launches portfolio service for smaller clients

The firm said this would be aided by an internal platform, developed by SEI, which has been designed to handle volume.

Navigating the euro crisis from Monaco

Top asset managers from around the world gathered in Monte Carlo this week to discuss how to handle their business in the midst of a sovereign-debt crisis they expect could last for several years.

Heartwood shows £95m uplift in new funds ‎

Wealth management firm Heartwood has boasted another year of strong growth in its core discretionary assets, with an £94.8m of net new funds and funds under management hitting £1.46bn.

Charities Still Love Wall Street Bankers

The master of ceremonies made a mistake as he named John Thain one of the year’s best dads, introducing him as the chief executive officer of Citigroup.

Credit Suisse and the loneliness of the long-distance chief executive

Credit Suisse chief executive Brady Dougan is a marathon runner, not a team-sport aficionado, but he probably knows enough about the dynamics of sports franchises to realize that a public vote of confidence from a chairman is normally a sign of impending

Wealth and Asset Management