Managers of Wealth

Northern Trust secures UK charity mandate

This latest mandate underpins Northern Trust's focus on the charities, foundations and endowments sectors and adds to previously announced mandates

Hong Kong fair showcases booming Asian art market

Now in its fifth edition, the four-day-long Art HK has booked 266 galleries from 38 countries, its 50-50 balance of Western and Asian making it unique in the art fair circuit.

Shanghai has 370,000 dollar millionaires - Research

The Hurun Research Institute and independent financial advisor Gao Fu Club jointly released the Shanghai Wealth Report 2012, an authoritative report identifying and analyzing the private sector in Shanghai.

Gottex acquires fund-of-hedge-funds in Asia push

The CIO will join Gottex as a senior executive in Asia.

Citi opens its Mena wealth management centre in Qatar

Clients will have access to a diverse range of global investment products as well as multi-currency bank accounts, time deposits, foreign exchange services and 24/7 Internet banking.

No JPMorgan, UBS Heads To $15 On Wealth Management Strength

This is a great sign for UBS as wealth management is a much more predictable business compared to the highly volatile sales & trading business which has contributed to earnings improvements for almost all its competitors including Barclays and Credit

3 Reasons Why You Should Expect France's Wealthy Elite To Move To London

The upward trend has been seen by other realtors in London’s other expensive districts like South Kensington and Chelsea as well, according to The Telegraph.

Crystal Wealth launches managed account solution

Crystal Wealth Partners has launched a unified managed account solution developed with specialist provider and AMP subsidiary Multiport.

Deloittes gear up for the Olympics

A team of employees from Deloitte are gearing up for the Olympics by taking to their saddles and tackling the official Olympic cycle route before the London 2012 athletes.

UBS needs more than just an EM figurehead

But the sub-prime crisis cost UBS dearly. It was forced to sell Pactual to raise much-needed capital and cut back in various areas.

Aussies say no thanks to private bankers

Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.

Julius Baer reports 4% increase in AUM

The increase in AuM was driven by continued solid net new money and a positive market performance, which together outweighed the negative currency impact.

Coutts appoints Head of Products and Services in Asia

Most recently he was Managing Director and Head of Wealth Management Sales across Asia Pacific for HSBC.

LPL Nabs $560M Team

LPL Financial announced that it has lured The Botsford Group, a regional advisory firm, to its wealth management platform, the company announced.

Ladies, mind the ceiling. CEOs say no to women for senior management positions

It found 68 per cent of respondents said they would not be mandating that female candidates be included in any short list to fill senior management positions over the next six months.

Futurepriority Report 2012: Asia’s emerging wealthy by Scorpio Partnership

Groundbreaking insight from 2,800 HNWs across nine Asian markets has revealed that Malaysians, Indians, Indonesians and Thais are the most content when it comes to their life-wealth balance .

RBS: The bank that's selling charity

Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.

Australian unions call for Buffett-style rich tax

Mr Lyons said the ACTU policy would be similar to top-end tax changes debated recently in the United States requiring those earning more than US$1 million per year to pay at least 30 percent in taxes.

Bankers fight new EU cap on bonuses

Brussels sources indicated that there is a high probability that the resolution will be passed, which would then need to be ratified by the European Commission before becoming law.

High earners say au revoir to France

The annual mass exodus from the French capital sees the city's inhabitants while away the August heat in the countryside.

Wealth and Asset Management