07/05/2012
The package, aimed at plugging industry gaps in the availability of Shariah compliant products, covers fiduciary deposits, property financing, equities, Islamic fixed income instruments (Sukuks), mutual funds (including exchange-traded funds), third-party
07/05/2012
Under the management of Scotia Asset Management, each fund within Scotia Private Client Group Pools will be offered as a separate class of shares within the corporation. Investors can switch from one class of shares to another without triggering an immedi
07/05/2012
“We’re seeing bigger teams now making bold moves and moving to another wirehouse or out of the space completely,” said Alois Pirker, research director at the Boston-based Aite Group, which studies wealth management trends.
07/05/2012
“from weeks or months to just hours in many cases”
07/05/2012
The Global Guide provides corporations with a much needed tool to allow more efficient measurement of corporate giving on a global scale.
07/05/2012
New private bank Scoban is entering its next stage of development after successfully raising £5 million after two rounds of fund raising.
07/05/2012
The payment follows the completion of an independent third party review
07/04/2012
High net worth individuals are more altruistic than wealth advisers think, according to a global study published by Liechtenstein-headquartered private bank Kaiser Partner.
07/04/2012
Aberdeen had the largest number of trusts achieving first quartile performance in their sectors over ten years, as well as a number of stand-out performers.
07/04/2012
The study, which focused on three key topics -- structure, investing, and succession and governance planning -- was conducted to find out more about what motivates family offices and to provide a collective insight to help family offices learn from each o
07/04/2012
The increased levy on income from rented property and capital gains tax on sale profits could cost second-home owners thousands of pounds more a year.
07/03/2012
For the second year in a row, Australia has ranked third behind France and the US as the most attractive destination for Chinese millionaires to holiday, according to a report by Shanghai-based private wealth researcher Rupert Hoogewerf.
07/03/2012
In a good year, the outgoing chief executive – who resigned Tuesday- could be paid up to £20million – about 1,000 times more than a teller in a high street Barclays.
07/03/2012
In fact, a well-researched article in New York magazine this week dove deep into the relationship between economic status and negative psychological characteristics such as a dearth of empathy, insensitivity to and unregard for other people, the tendency
07/03/2012
New insight from hundreds of HNWs across Germany, Russia, the UK and the USA has engagement with the major driving forces of change as a wealth of creating wealth.
07/03/2012
Coutts is the private banking arm of Royal Bank of Scotland and asks for a £1million deposit to open an account.
07/03/2012
Home prices have been rising in Switzerland, albeit not as quickly as in some European countries before the onset of the 2008 financial market crisis.
07/02/2012
The bank you spotted is the only remaining independent private bank in London.
07/02/2012
Today, the figure stands at about $16bn, according to a report released yesterday by the research firm Insight Discovery.
07/02/2012
Three Chinese banks topped the profit table, led by Industrial and Commercial Bank of China (ICBC) for the second successive year, with pretax earnings of $US43.2 billion ($42 billion), according to The Banker.