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Wealth and Asset Management

04/03/2014

Canada's super-rich increase their share of country's wealth

Canada's 86 richest families and individuals own as much as poorest 11.4 million

04/03/2014

Merger of wealth management firms completed as planned

The teams from the two companies have been combined and now share the same workspace

04/03/2014

Discretionary managers to merge

The deal has received FCA approval and is scheduled to complete on Wednesday 30 April 2014.

04/03/2014

Rothschild and Dutch lender ends Investment Banking Cooperation

Australian news website Business Spectator reported the news earlier today.

04/03/2014

Ruffer Reports Negative Total Return

Ruffer Investment Company Ltd Wednesday reported a negative total return between the start of January and the end of March.

04/02/2014

SOUTH AFRICA: Wealth managers vie for rich customers

Managing the wealth of rich individuals is becoming an increasingly competitive business as more players enter the market, but it is a complex industry in which the "chancers" will not survive.

04/02/2014

Vontobel CEO Says First-Half Performance Seen Lagging 2013

Vontobel dropped as much as 1 percent in Zurich, and was 0.4 percent lower at 34.65 Swiss francs by 10:54 a.m., extending the loss this year to 6.2 percent. The stock climbed 27 percent in 2013.

04/02/2014

Sun Life Global Investments launch of private client business

The introduction of Private Client reinforces our commitment to superior service

04/02/2014

Wealthy Migrants Boosting London's Economy Through Investor Visa Programme

This visa route is a positive step by the government Read more: http://www.digitaljournal.com/pr/1826594#ixzz2xjJhOGEy

04/02/2014

THERE’S A FLASH of colour about banking life at Nedbank Private Wealth

The bank, based on the Isle of Man, also has offices in Jersey and London, and didn’t make a single redundancy during the recent economic troubles.

04/02/2014

Banco Santander Said to Buy BNP’s Private Bank Unit in Miami

Banco Santander SA, Spain’s biggest bank, bought the private banking unit of BNP Paribas SA in Miami to help to win more business from wealthy Latin American clients

04/01/2014

Towry to launch advisory investment service

Towry is set to launch an advisory service, following its acquisition of Bluefin.

04/01/2014

Banks' Expectations Are High for Wealth Management

Bank executives are kicking their wealth management businesses into high gear.

04/01/2014

Changing Course: The Wealth Management Industry Confronts Its Challenges

The UBS exec is hardly alone in terms of envisioning a greater role for holistic advice.

04/01/2014

Deutsche Asset & Wealth Management agrees to sell part of Tilney business to Rathbones

The consideration would be received in cash and is subject to a minimum of 32 million pounds.

04/01/2014

Aberdeen completes £550m Swip acquisition and targets cost-savings

The acquisition, which creates a combined group with £324.5 billion in assets under management,

04/01/2014

Miton's AUM surge past £3bn, but profits dip

Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.

04/01/2014

Wealth management firm completes £6.4m sale of Liverpool office

Wealth management firm has confirmed the sale of its Liverpool operation to Seneca Investment Managers.

04/01/2014

Blue-chip wealth management company eyes law firm acquisitions

The firm claims to be “radically” different from other financial firms by offering financial, investment, tax, accounting and legal expertise under one roof

04/01/2014

UBS says board member Frey will not stand for reelection

Zurich-based UBS left it open whether it would fill the board seat vacated by Frey

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