11/17/2013
Aberdeen Asset Management - Final Results
Underlying profit before tax increased by 39% to £482.7 million (2012: £347.8 million)
Wealth and Asset Management
11/17/2013
City Financial to launch fund research service for IFAs
Free, web-based Adviser Centre to be launched in spring 2014 Initiative features list of recommended, established funds, as well as ‘Positive Watch’ fund list
11/17/2013
Edmond de Rothschild Group launches private merchant banking in London
The launch is part of group chief executive officer Christophe de Backer’s strategy to capitalize on the full range of opportunities post the global financial crisis.
11/14/2013
Reports of the demise of the Swiss private-banking industry have been greatly exaggerated
Private Banking Is Alive and Well in Switzerland
11/14/2013
More Americans ditch their passports
Even rock star Tina Turner.
11/14/2013
Arbuthnot Latham announces more senior appointments
The ribbon-cutting ceremony took place at Arbuthnot Latham's Dubai office located in the prestigious Gate Precinct of Dubai International Financial Centre (DIFC) where guests included, Edward Hobart, Her Majesty's Consul General to Dubai, Dougla
11/14/2013
Julius Baer Reports Customer Assets Gain Amid Merrill Transfers
The Merrill integration is “on track,” Julius Baer said in the statement. “Outside the acquisition impact, the increase in assets under management in the first ten months of 2013 was driven by net new money and a positive market performa
11/14/2013
ABN Amro Net Profit Rises 11%
Chief executive Gerrit Zalm said the results are ‘satisfactory’ given the difficulties still facing the Dutch economy.
11/14/2013
Wealth managers expect equity fund charges to fall to 50bps
An exclusive Wealth Manager survey of the top 100 private client fund selectors found a large proportion expected fund charges to be squeezed down further.
11/14/2013
Julius Baer 10-month AuM 31% Higher
Total client assets jumped 23 percent to 341 billion francs.
11/14/2013
ANZ gives its executives a pay rise
ANZ chief executive Mike Smith has retained the title of the nation's highest paid banker
11/14/2013
Crowdfunding Gets Entrepreneurs Knocking on Wealth Manager's Door
InvestedIn's Partnership with My New Financial Advisor brings platform to wealth managers
11/14/2013
What's behind the spike in art sales: vanity, fear and easy money
Emerging market billionaires, driven by vanity, easy money from the world's central banks and a quest for safe investments, are taking the contemporary art market to new heights.
11/13/2013
Broker snaps up John Redwood boutique
Charles Stanley Group PLC announces that it has exchanged contracts to acquire the entire issued share capital of Evercore Pan Asset Capital Management Limited
11/13/2013
Walker Crips revenue for 6 months to Sept 30 up 10%
Walker Crips booked a first-half pretax profit of £2.2m, from £7.7m. Revenue was £9.7m, from £8,8m.
11/13/2013
Canada's Affluent Will Be Leaving Four Per Cent of Their Estates to Charity -BMO Harris Private Banking
Three-quarters of high-net worth Canadians are either donating the same or more than before the 2008 recession - They will be giving an average of $5,217 to charitable causes this year - Health, children's charities and community projects are among t
11/13/2013
Ashcourt Rowan announces charity partner
Ashcourt Rowan is very pleased to announce its new charity partner will be Together for Short Lives.
11/12/2013
Business families in Southeast Asia keen on preserving wealth - RESEARCH
Show faith in next generation taking management control: survey
11/12/2013
EFG International comments on business performance
During the third quarter, EFG International tied up most of the remaining loose ends from its business review, including the sale of its Canadian business (neutral in P&L terms).
11/12/2013
Liontrust's profits surge by 326% as inflows spike upwards
Assets under management reached £3.4 billion at the end of September, up from £2.4 billion year-on-year with the £315 million net inflow a massive surge from the £189 million it attracted in the same period last year.