Managers of Wealth

Millbrook Capital to convert to family office

In the wake of new Securities and Exchange Commission rules, Millbrook Capital Management is closing its only hedge fund and will instead become a family office for its founder, John Dyson.

Gold to shine - Coutts & Co

Gold, a traditional safe haven asset in troubled markets, has been out of favour recently amid growing fears of deflation.

Multi-manager firm boosts investment team with senior manager hire

He has previously worked at Goldman Sachs and most recently Société Générale, spending 11 years in derivatives and equity research for investment banks.

Land of Luxury: China's Million Dollar Shanghai

The city’s development has been a spectacle to watch; the skyline is a postcard- picture of prosperity, and while traditional noodle shops are still a few beats beyond the glitz, the new money has demanded a profusion of stylish and luxurious avenue

Economic Crisis Brings Insecurity to Wealthy Greeks

An extensive report by The New York Times focuses on the Greek tycoons and their stance towards the economic crisis plaguing Greece and the political uncertainty giving them a headache lately.

UK remains top choice for wealthy expats

The number of high net worth investors being issued investor visas to stay in the UK rocked over seven-fold

Where Do the Happiest Millionaires Live?

The survey, which polled individuals with an average net worth of $1.4 million in nine Asian countries, focused on how satisfied these millionaires were with their lives and what their expectations were for future wealth creation.

New Walker Crips CIO plans model portfolio launch

The ex-BNP Paribas wealth management head said the new service would be unveiled later this year in a bid to shine a light on the ‘hidden gem’ of Walker Crips’ investment business.

Brewin Dolphin to close Dumfries office

A source said the move was part of a wider strategy aimed at concentrating Brewin’s efforts on city centres

Barclays prefers organic growth strategy for India

Since the establishment of the private banking business in India four years ago, Barclays Wealth has grown significantly to emerge among the top five players locally, according to Bansal.

Financial advisers shift to fixed income: PIMCO survey

Financial advisers have significantly increased their allocations to fixed income investments in the past 18 months and are likely to increase that further, according to a PIMCO survey.

Top women on Wall Street: Equal-opportunity axing?

Among the top 10 banks, the aggregate numbers are a little better, but the percentages are not. Five women, or 10 percent of the 50 executives identified, are in place, down from six, or 12 percent, in 200

New Wealth Advisor hire for Barclays in Crawley

The Barclays Crawley office continues to grow, providing the full range of wealth management and corporate wealth advisory services to clients across West Sussex.

Macquarie Private Wealth in front in Canada

But plans were bigger still, calling for 250 high-end advisor teams to be working on the firm’s platform by 2015.

Executive Pay Back Under Spotlight At HSBC

Executive pay will again come under the spotlight today as shareholders of HSBC (HBC) become the latest group of investors to vote on banking remuneration, as the so-called "shareholder spring" of pay revolts continues apace.

Luxury Home Values Jump in San Francisco Bay Area

San Diego Prices Move Higher, Los Angeles Values Edge Down

Asia will be 'centre of gravity' for wealth management

Regulation was going to have a big impact on wealth management operations, Crosby stated at last week’s STEP Caribbean conference held at The Ritz-Carlton, Cayman.

Helvetia May Sell to Rich Clients After Raiffeisen Buys Wegelin

Raiffeisen bought Wegelin after the 270-year-old Swiss wealth manager came under investigation in the U.S. for allegedly helping Americans evade taxes.

Carnegie names new President and CEO

He has more than 20 years’ experience of wealth management and joins Carnegie from Swedbank Robur, where he is CEO and a member of Swedbank’s senior management.

Chelsea branch of wealth management firm Killik & Co reopens

Killik & Co has reopened its Chelsea branch at 45 Cadogan Street following extensive refurbishment, providing greater scope for its enlarged team of six to cater for its growing client base within the community.

Wealth and Asset Management