01/30/2013
Major Swiss banks 'raise bullion holding charges'
Switzerland has traditionally been regarded by commodities traders as the best place to stash bullion.
01/30/2013
Morgan Stanley Wealth Management Launches Perspectives in Philanthropy, Vol. 9, “Athletes and Entertainers Giving Back
The featured athletes and entertainers describe how they chose their philanthropic causes, the outcomes they hope to accomplish and the lessons they have learned from running nonprofits.
01/30/2013
The achievement of the maximum ‘5 Star’ Rating for multiple discretionary propositions across Defaqto’s two Discretionary Fund Management rating classes is a rare feat indeed.
01/30/2013
UBS, Coutts target onshore wealth in HK
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
01/30/2013
Until now, the company, which traces its roots back to 1845, has catered mainly for British investors
01/30/2013
Berry Asset Management wins 'Best Innovation' Award
Berry Asset Management has been announced as the winner of the ‘Best Innovation’ award at the inaugural ‘Portfolio Adviser Wealth Manager Awards’.
01/30/2013
UK private bank hits a double £1 billion milestone
When, more than one hundred years ago, George Gilbert Williams, president of the famously conservative Chemical Bank, was asked for the secret of his success, he replied: “The fear of God”. There’s nothing new under the sun!
01/30/2013
BNY Mellon will provide a full suite of services to the Irish fund range including derivative execution, KIID production, daily performance reporting and share class hedging.
01/30/2013
Operating costs increased 4 percent in that period
01/30/2013
In the past, the Indian art market was largely dominated by collectors and connoisseurs
01/30/2013
Eleven Raymond James advisors named to BIC top 50 advisor list
FID managing director, John W. Houston, said, "Raymond James is proud to be affiliated with these 11 outstanding advisors
01/30/2013
U.S. Bank is bulking up its wealth management business
01/30/2013
Mexican Billionaires Beat Brazilians In Wealth
Wealth-X, the ultra high net worth (UHNW) business development solution for Global Private Banks, Luxury Brands, Educational Institutions and Non-Profits, has released a list of the top 10 wealthiest Latin Americans.
01/29/2013
How 7IM plans to beat its rivals in the private banking space
In May of last year it announced that it would start taking deposits and offering clients loans through its platform.
01/29/2013
Philanthropy Changes as Rising Generation of Donors Emerges
Gen Xers and millennials focus on values, engagement and impact
01/29/2013
HNW investors feel their financial situation is improving
What does it take to feel optimistic these days? At least $5 million,
01/29/2013
This increase is the result of net inflows of funds from private and institutional clients, sound asset management performances and several acquisitions.
01/29/2013
Edmond de Rothschild Investment Partners is celebrating its 10th anniversary with plans to raise 500 million euros ($676.7 million) over the next 4 years and to increase assets under management to 1.3 billion euros.
01/28/2013
7IM reckons it can do better and more cheaply
01/28/2013
Wealth managers are under pressure to rev up their profits. Over the past several years revenues have been sluggish, margins tighter, and costs - particularly those involving regulatory compliance - higher.