10/07/2013
Lazard vs Rothschild vs STJ Advisors
With the return of the market for initial public offerings in Europe this year, so also comes a heightened level of competition among its participants.
Wealth and Asset Management
10/06/2013
Coutts hosts client investment lunch
The discussion centred around four main themes including eurozone stability which is looking better, the interest rate outlook which we are expecting to stay low for a long time, trends in dividend yields and equity market valuations.
10/06/2013
Ventures Africa Launches Most Comprehensive 'Africa Rich List' Ever Compiled
Many more African billionaires than previously thought
10/06/2013
IFA launches ethical portfolios which donate portion of AMC
Under the scheme the client chooses a percentage of their annual gain to donate to charity and that will be matched by TAM which will give the same percentage of its management fees.
10/06/2013
Fidelity launches Undiscovered Talents fund for HNW clients
Fidelity said the launch does not represent a full-scale move towards providing new funds for its direct customer base
10/03/2013
Wealth Management Mergers 'Inevitable'
UBS yesterday vehemently denied reports in DataRoom that it was looking to hive off part or all of its wealth management arm.
10/03/2013
Morgan Stanley Wealth Management Suffers Big Client Asset Loss in 3Q as Advisers split
Morgan Stanley Wealth Management, the nation's largest brokerage by adviser head count, lost $8.4 billion in client assets during the third quarter, as some of its major producers took their business to competing firms.
10/03/2013
Private Banking Special: Arnaud Leclercq, Lombard Odier
Lombard Odier plans to increase its assets in the Middle East to 20 per cent of its global business by the end of 2017.
10/03/2013
RBC makes $100-million pledge
RBC president and chief executive Gord Nixon says Royal Bank's goal is to help one million kids and youth by 2018 through a wide variety of programs.
10/03/2013
RBC Global Asset Management announces September net sales of $121 million
"September proved to be another positive month for RBC Global Asset Management," said Doug Coulter, president of RBC Global Asset Management Inc.
10/03/2013
Swiss bank to shut India wealth JV
India remains a difficult market for global wealth managers, who were drawn by its longer-term prospects only to find revenues being squeezed by cut-throat competition, high staff costs and subdued markets.
10/03/2013
Macquarie deal in hand, Richardson GMP must now convince retail brokers to join its ranks
Macquarie deal in hand, Richardson GMP Richardson GMP agreed in September to pay $132-million for Macquarie Private Wealth
10/02/2013
Stanchart, DBS, HSBC among bidders for SocGen Asia private bank -sources
SocGen is selling the unit as part of wider restructuring to cut costs and boost profits
10/02/2013
Even a ‘Millionaire’ Cannot Expect Good Service At the Bank
Banks for the rich are not always better than banks for the rest of us
10/02/2013
UBS mulls options for Aust wealth management arm
Talk of proposals has emerged following a UBS management meeting in Sydney last week
10/02/2013
Skandia: half of our business is clean
Skandia has previously stated that it will not convert clients in bulk without advisers’ permission before the 2016 deadline.
10/02/2013
Private Banking Special: Pierre Masclet, Credit Agricole Suisse
Currently, revenues from the Middle East account for more than 30 per cent of the bank’s global private banking revenues
10/01/2013
KMD Private Wealth wins IFP David Norton award
Our thanks go to all those firms who continue to support this award by providing such valuable consultancy days as a prize for the winning firm
10/01/2013
Wealth gurus scoop awards
These awards reflect that we are a true wealth management business
10/01/2013
Wealth’s 80/20 Geographic Resource Reshuffle
The 80/20 rule is alive and well and taking a grip on the global business strategies of some of the leading wealth managers.