Managers of Wealth

Coutts staff angered at bonus cuts

Staff at Coutts have reacted furiously after learning their bonuses have been slashed by 40% this year.

Emirates NBD recognised by Euromoney as best provider of private banking services in UAE

The survey, which classifies professional wealth management service providers according to international, regional and country-wise criteria, has named Emirates NBD Private Banking as the best local bank in the UAE in the area of wealth management.

Platforms divided as advisers hit out at re-reg exit fees

Advisers have urged platforms to scrap exit fees, which they argue create a costly barrier to re-registration.

Credit Suisse Lures Africa Entrepreneurs With Investment Bankers

Credit Suisse Group AG is deploying investment bankers to woo African entrepreneurs as the second- biggest Swiss bank tries to build its wealth-management business on the continent.

Bank of Singapore loses NRI team to Sarasin

They joined Swiss private bank J. Safra Sarasin in early March, and sources say more are expected to follow from BoS's NRI teams in Dubai and Singapore.

Australasian Wealth Investments making big moves in financial services space

An investment company which bought 49 per cent stake in van Eyk Research last year is planning to spend another $1 million on a financial services start-up.

City of London Wealth Management Awards 2014

Well done to Goodacre for organising a very good night, I look forward to next year.

DBS Near Deal for Société Générale’s Asia Private Banking Business

Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million

Canaccord Genuity Voted Wealth Management Company of the Year

This year a record number of votes were cast.

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

FxPro Group Ltd has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12thMarch 2014.

IFG Group Sells IFA Business For £9.1 Million

James Hay and Saunderson House parent company IFG Group has sold its IFA arm to Ascot Lloyd.

Excellence in UK Private Asset Management Celebrated at the PAM Awards Gala Event

Senior private asset managers enjoyed a lavish gala event, celebrating the exceptional achievements of private asset managers, organised by PAM Insight with Wendy Marston Events.

F&C sees “significant headwinds” despite profit rise

Fund flows from the Consumer and Institutional business were strongly positive in the fourth quarter at £771 million

Citywire Wealth Manager Awards 2014: Revealed - the six regional winners

We reveal the six wealth offices across the country which advisers voted to be best in class at our annual awards ceremony.

Mauritius at The Forefront of Tax Friendly Countries For High Net Worth Foreigners

From “Tiger of the Indian Ocean” to “Cyber island”, Mauritius has turned now into a “Safe and Reliable Investment Hub” in terms of good governance as well as ethical, economic, political and social stability.

Citywealth Magic Circle Awards voting is open: have your say on who should win in 2014

The shortlist of candidates, put forward for the Citywealth Magic Circle Awards 2014 has been released by the judges and the public vote is now open to allow the global private wealth industry to have their say.

JPMorgan Asset Management Selling Euro-Periphery Debt on Rally

JPMorgan Asset Management is reducing its holdings of Europe’s higher-yielding debt as it bets a rally in the bonds is ending.

TD Bank hopes to expand U.S. wealth management unit

Toronto-Dominion Bank hopes to expand its U.S. wealth management business, targeting a million people with at least $100,000 in liquid assets

JP Morgan Buys Into Plus500

JP Morgan Asset Management and JP Morgan Securities acquire 4% of Plus500.

JPMorgan Asset Management expands presence in Australia

JPMorgan Asset Management has boosted its presence in the Australian wholesale market with the launch of a wholesale business including two new funds, Global Strategic Bond Fund and Emerging Markets Opportunities Fund.

Wealth and Asset Management