09/25/2013
Deutsche Asset & Wealth Management Named Best Asset Manager
Deutsche Asset & Wealth Management announced today that its insurance investment business has been named Best Asset Manager 2013 by Reactions
Wealth and Asset Management
09/24/2013
Asia-Pac's rich outpaces rest of world - RESEARCH
The population and wealth of Asia-Pacific's high net worth individuals increased at double and triple the rates of HNWIs in the rest of the world over the last five years
09/24/2013
Former UBS MD resurfaces
We are delighted to welcome an executive of Ben's calibre to our company.
09/24/2013
Towry acquires Scottish financial planning firm
Head of Wealth Advice Andy Cowan said: "Towry has been keen to seek growth opportunities in some of our most important client regions, including in Aberdeenshire, and as such we see Conclusion Financial Planning as an excellent fit for our business.&
09/24/2013
Singapore to outstrip Switzerland as wealth hub by 2020
The Lion City is the fastest growing wealth centre in the world, with the number of millionaires there having doubled in the past five years.
09/24/2013
Barclays to shut wealth management services in 130 countries
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/24/2013
StanChart pumps S$810k into Singapore rugby
SCB first came on board as a sponsor of the SRU in 1997.
09/24/2013
Raymond James reports gains in private client arm
Although underwriting activity was soft in August, M&A posted strong results for the month. Fixed Income trading profits continued at a reasonable pace but commission volume remains challenged.
09/23/2013
Leading Swiss private bank to exit wealth management for some countries
In other markets including Denmark and Israel, the bank will shut out less wealthy clients and focus on those with balances over 1 million francs, the paper said.
09/23/2013
Report: 'Hidden income' makes China's rich wealthier than thought
The CSER surveyed 5,344 urban families in 18 Chinese provinces. The results suggest the top 10% of households earn nearly 21 times more than the poorest 10%.
09/23/2013
Close Brothers adjusted operating profits up 24%
Also, the group delivered profit attributable to shareholders of 119.4 million pounds this year, up 20%, compared with 99.7 million pounds in the 2012 period.
09/23/2013
Barclays unveils D2C Wealth Direct plans
The bank is hoping the proposition will go live in 18 to 24 months and it is set to pull together services across its business, ranging from investment, trading and banking.
09/23/2013
Private Wealth Management Association launched in Hong Kong
The PWMA will provide a forum to discuss trends and challenges faced by the wealth management industry
09/23/2013
Fixed income "saved wealth management" in Asia
Asia's wealthiest investors turned to fixed income when equities disappointed
09/22/2013
Wealthy Asians snub bank capital bonds
Tougher lending policies are threatening to drive Asia's private-banking clients away from bank capital and towards corporate hybrids.
09/22/2013
Private Banker International Announces 2013 Finalists for the Annual Global Wealth Awards
Private Banker International the leading journal for the global wealth management industry has announced the finalists for the 2013 Private Banker International Global Wealth Awards, held in conjunction with the 23rd Global Wealth Summit
09/22/2013
Private banking hamstrung by people poaching
Private bankers may be targeting Asia's rising wealthy class, but a shortage of wealth managers has hobbled the industry's growth, spurring companies to poach employees.
09/22/2013
Aberdeen Says Clients Pull $1.9 Billion From Its Funds
Aberdeen Asset Management said clients pulled 1.2 billion pounds from its funds in the two months to the end of August
09/22/2013
Barclays’ wealth announces new CEO
He will report to CEO Antony Jenkins and takes on the mantle from former chief Tom Kalaris, who decided to retire earlier this year.
09/22/2013
Bel Air Investment Advisors Expands Fixed Income Team
These additions will bolster Bel Air’s existing capabilities and position the firm to meet the growing fixed income needs from its client base across North America.