Managers of Wealth

City Asset Management founder passes away

Coghill, who had over 20 years of experience in industry and commerce in the UK and overseas, founded City AM in 1988.

Wealth managers to expand realty advisory business

Players says investors are flocking to this space as equities are not doing too well and real estate still offers 10-12% returns

Philanthropy can be a lot of fun

Gates will join some of India's richest in Bangalore on June 1 at the invitation of Azim Premji and Ratan Tata to talk about philanthropy.

Great Portland buys St James's properties

Real estate investment trust Great Portland Estates has bought interests in two properties in the heart of London's St James's district from fund management firm Henderson Global Investors.

Barclays Hires Wealth Managers in Switzerland to Double Assets

Customers are increasingly looking to Switzerland for “stability in this shaky world,” he said.

UBS turns Beijing branch into wholly-incorporated bank

The new entity will be named UBS (China) Ltd., and is scheduled to start operations in Q3, the bank said in a statement.

Abu Dhabi Islamic Bank opens swanky London branch

Sheikh Khalid Bin Zayed Al Nahyan, a member of the Abu Dhabi royal family, joined Prince Andrew, The Duke of York, to open the office at One Hyde Park, the 1 billion pound luxury Candy and Candy development located near the Harrods department store.

Swiss advisory and fiduciary service firm opens first Asian office

Veco Invest (Asia) is headed by managing director Peter Lee, who brings to this role more than 20 years of experience in investment and banking.

Diamond financiers follow DeBeers to Botswana

Confirming the reports to Gazette Business, Bank of Botswana’s Spokesperson Andrew Sesinyi said, the reserve bank granted a banking licence to ABN AMRO Bank (Botswana) Limited, whose main focus is financing of diamond businesses and related entities

Wealth managers toast wine funds

In the midst of the eurozone debt crisis, some financial managers are touting alternative "passion" investments for the well-to-do who are turning their backs on stock and bond markets.

RBS unit launches wealth planning services

The service will offer customised solutions to clients to meet their long-term plans for structuring of assets, protection and transmission of wealth.

Banks in Asia Target the ‘Emerging Affluent’

But the bank is not aiming at the usual private banking clients — those who have attained a very high net worth.

Barclays to sponsor Singapore Open for the last time‎

The British bank has backed the US$6 million (S$7.6 million) event since 2006. But this year's event at Sentosa Golf Club in November will be its last.

Citi seeks its next act in wealth management

The bank plans to hire 300 more personal bankers and brokers in the next two years, with a goal of reaching about 800 by 2014, Citigold Wealth Management President Venu Krishnamurthy told Reuters.

HSBC survey ranks UAE in top three countries for exapts

HSBC’s Expat Explorer Survey shows that the UAE ranks No. 1 in the world when it comes to the nicest cars being driven by expats and almost a third of foreign workers in the country fall into the top earners category, making it a lucrative move for

Kleinwort parent pressured to spin off assets ‎

The parent company of Kleinwort Benson, one of the oldest names in British banking, is facing pressure from activist shareholders to break itself up and spin off all its assets.

Rockefellers and Rothschilds unite ‎

The coming together of two of the best known business dynasties in the Europe and the United States will give the London-listed Rothschild trust a much sought-after U.S. foothold.

Morgan Stanley set to expand wealth management offerings in india

The bank is unlikely to get into retail banking due to tough competition from local banks, the paper said.

Succession Wealth advisers will be ‘dual-listed’

Succession tells FTAdviser that it is changing its “entire business model” and its advisers will be ‘dual-listed’ to work on both restricted and independent entities.

Are you rich or not?

Most of us would have no trouble picking out the well heeled in our midst, but identifying what puts them into the wealthy club has become more subjective than ever.

Wealth and Asset Management