Managers of Wealth

Isle of Man - Best International Finance Centre - Awards

International Award Winners Announced

Barclays withdraws discretionary service for clients below £100,000

Barclays’ Wealth and Investment division has withdrawn its discretionary management service for direct clients

The UK wealth managers you rate the highest

We want to know who’s really doing an outstanding job.

Cazenove European Fund removed from Wealth 150

The Cazenove European Fund has been removed from the Wealth 150 list of our favourite funds across the major sectors.

Wealth managers have fewer clients, but more assets

Evidence of the missing individuals is to be found in empty bankers’ desks and less busy client meeting rooms.

Societe Generale Private Banking Hambros voted ‘Best UK Private Bank’

This award is based on the votes of Financial Times and Investors Chronicle readers, a panel of judges, performance data and interviews with managers.

Walker Crips revenue stable, AuM rises 43%

Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).

Scotiabank changing name of financial advisory unit to Hollis Wealth

Scotiabank is changing the name of its DundeeWealth financial advisory business.

Morgan Stanley Raises Profit Target for Wealth-Management Unit

Having met that goal two quarters early, it is now aiming for higher margins, according to Gorman's presentation.

Princely Liechtenstein bank keen for clarity on tax

Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.

Wealth Manager: Signature - 'we have missed out on some low-hanging fruit'

‘We have missed out on a lot of what you could call the low-hanging fruit,’ says Andrew Morris, head of business development at IFA asset manager Signature and co-founder of parent company Rowan Dartington, reflecting on the recent discretiona

RHJI Wins Support from Largest Shareholder Against Breakup

The possibility of a breakup at RHJ International SA (RHJI.BT) receded Wednesday after its biggest shareholder said it is sticking by the company in its effort buy German private bank BHF-Bank.

Maybank wants to capitalise on ‘mass affluent’ customer group

Malayan Banking Bhd (Maybank) wants to cater to the “mass affluent” banking business segment, a customer group which has often been overlooked by the wider local financial industry.

Mirabaud opens New Spanish Branch

Mirabaud Group, one of the oldest Swiss private banking firms, has founded a new branch of Mirabaud Securities in Spain.

Hargreaves Lansdown: ‘Nobody can buy their way on to the Wealth 150’

Fund supermarket Hargreaves Lansdown has defended the independence of its research

BMO Private Bank director reflects on results of wealth survey

A bank that offers wealth management services to high net worth individuals has released the results of an online survey

Axa Wealth calls for two-year 'sunset clause' on cash rebate ban

The rules as they currently stand force some wraps to implement significant change in a short space of time.

Changing Face of Wealth Study - BMO Harris Private Banking

BMO Harris Private Banking Changing Face of Wealth Study: Eighty-Three Per Cent of Wealthy Atlantic Canadians Are Self-Made

Offshore venture flops

But global funds of hedge funds have lost popularity, as most have failed to deliver real returns.

Financial News: FTSE Opens Dubai Office as Base for Africa Push

The company said it is quicker to access Africa from Dubai than by travelling internally.

Wealth and Asset Management