Managers of Wealth

Morgan Stanley Amps Up Lending to Boost Wealth Margins

Morgan Stanley's brokerage business historically focused on helping clients invest in stocks and bonds

Double-digit growth for Quilter Cheviot in Brum

The Bennett's Hill as is the biggest Quilter Cheviot office in the UK and Ireland employing 43 staff.

Cameron Hume Selects Northern Trust For Investment Operations Outsourcing

Newly established investment management company Cameron Hume Limited has appointed Northern Trust to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.

Asian asset managers more optimistic on pay, bonus and headcount in 2014

Bonus in wealth management and alternative fund management is forecasted to go up by around 5% due to increase in asset under management and hiring in Asia.

Creation of the Association of Swiss Private Banks

From January 1, 2014, Geneva's Private Bankers will be replaced by the Association of Swiss Private Banks. Christoph B. Gloor will serve as the Chairman of the new association.

UBS Celebrates Long Term Partnership with Art Basel

UBS announced today that the firm will assume the new role of Global Lead Partner of Art Basel

Wealth managers must address their role in fund market oligopoly

It has enjoyed the best of both worlds: the open competition of the US, allied to the higher fees of Europe.

Skandia's WealthSelect director to exit in strategy shift

The WealthSelect range consists of ten fund groups: Aberdeen, Artemis, BlackRock, BNY Mellon, Fidelity, Henderson, Invesco Perpetual, JP Morgan, Schroders and Threadneedle, who will run 50 funds as sub-advised mandates via the Skandia platform.

UBS sweetens incentives for targeting wealthier clients

The traditional grid that defines payments based on annual production will change to reflect broader ranges of in commissions and fees, although the overall pay in the grid won't change.

Wealth Firm Strikes Partnership With Indian Broker

Xcap, an independent Wealth Manager, Has Entered a Relationship with a broker in India to make its products available to the nation's investors.

Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year

The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.

Rowan Dartington to double investment team in regional push

Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.

Wealth Creators Grow by 60% but are Investment Strategies Growing at the Same Pace?

Next February, 40 Family offices will gather at in Geneva at Europe's first Family Office Co-Investment Forum, to discuss best structure investments and share opportunities for diversifying portfolios.

Fund groups in talks with Skandia over Select pricing fears

The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.

Bank Frey Closes its Doors: Are There any Swiss Banks Remaining who will take United States Clients?

Bank Frey is just the latest of the Swiss banks to close because of increased pressure from the United States

Epoch Wealth Management celebrates corporate chartered status

Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.

More M&A deals expected in Asia's private banking sector

Banks including DBS, ABN Amro and Credit Suisse are said to be among the final list of bidders for Societe Generale's Asian private bank.

Barclays: Death of the West Greatly Exaggerated

The US economy is in better health than doom-mongers would have you believe, the latest Barclays In Focus report argues.

Canadian Banks Placing Bets on Wealth Management

Wealth management will be a significant part of earnings growth for the country's banks in the fiscal fourth quarter.

Hargreaves To Announce 'Waitrose-Style' Premium Pricing Structure

Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.

Wealth and Asset Management