Managers of Wealth

Hinduja private bank to boost commods finance team

Hinduja Group's Swiss-based private banking arm said on Thursday it plans to double its commodity trade finance team by hiring five new staff.

Halbert Wealth Management Announces Addition of Yacktman Capital Group

Halbert Wealth Management has announce that the Yacktman Capital Group Concentrated Composite Strategy has been added to its list of recommended managed account strategies within HWM's innovative AdvisorLink Program.

World’s Richest Lose $9 Billion as Global Markets Decline

The 20 wealthiest people on Earth lost a combined $9.1 billion this week as renewed concerns that Europe’s debt crisis might worsen drove the Standard & Poor’s 500 Index to its largest decline of 2012.

Brewin Dolphin boss sets out expansion plan

THE new head of Brewin Dolphin's Glasgow office is keen to expand the business in the west of Scotland.

Rothschild clan moves to cement its grip

The 69-year-old chairman of the Rothschild group is bringing together its French and UK assets under the roof of Paris Orléans, a French listed entity with its roots in a 19th-century railway company.

Barclays faces backlash over Bob Diamond's pay package

Barclays is facing a major shareholder rebellion over Bob Diamond’s £18m pay package, with more than 10pc of investors set to vote against the bank’s remuneration report at its annual meeting.

Private banking needs overhaul to stay competitive, urges report

The Korea Institute of Finance, a state-run think tank, said in a report on Sunday that the country’s private banking market needs a revision to the related law to bolster growth and stay competitive in the long term.

Wealth surge attracts private banks

In a recent interview with Gulf News, Tamer Rashad, Merrill Lynch's managing director and head of global wealth and investment management in the Middle East and North Africa, explained the latest trend in the global and regional wealth management ind

Swiss financial boutiques HNW strategy boosts income

In a difficult market environment, net inflow of funds almost quadrupled from the previous year and totalled CHF 862 million for 2011.

AFH Group buys Nottingham IFA in £900k deal‎

Arden, established in 1994, provides services to high net worth individuals and small to medium sized enterprises throughout the UK and Europe.

Wealth Management Boutique supports Championship Driver

As part of the new arrangement, the business will become a key sponsor as Daniel looks forward to a successful season in 2012.

Private client portfolios bounce back after 2011 rollercoaster

According to the latest estimates from Asset Risk Consultants (ARC), Sterling Cautious, Sterling Balanced Asset, Sterling Steady Growth and Sterling Equity Risk private client indices (PCI) all ended quarter one in positive territory.

David Cameron signals rethink over tax relief cap on philanthropy

At launch of Big Society Capital fund, prime minister pledges to listen to charities' concerns over budget measure

Singapore Cuts Options for Wealthy Seeking Permanent Stay

Singapore will end a program that allows wealthy individuals to gain permanent residence quicker by putting money in the island, after an influx of foreigners in recent years spurred property prices and fueled voter anger.

Heirs to Old Money Plunge Into Tech

The old money crowd has found the new, new thing.

What type of UAE expat are you?

A new survey documenting the changing face of expatriate life has identified five different types of modern British expat.

UBS Sees Fixed-Income Pickup as Bank Hones Super-Rich Strategy

UBS said a unit that helps the biggest Swiss bank target millionaires reported an increase in client trading this year as fixed-income sales jumped.

Coutts’ AIG clients face further compensation delays

Coutts’ clients who saw their money locked up in the AIG Enhanced Variable Rate fund when the credit crisis hit, face a further eight-week wait to hear if they will receive compensation.

Banque Privée Edmond de Rothschild Group continues to expand and win new clients

2011 featured a tough economic and stockmarket environment. It also brought continuing pressure on banking secrecy and heavier regulation of wealth management that drove up operating costs.

Veteran Merrill Lynch adviser goes independent

Pritchard left the brokerage, now owned by Bank of America Corp, in late March to set up his own practice with Concert Wealth Management, a start-up firm that works with independent advisers. He managed $100 million in client assets at Merrill.

Wealth and Asset Management