Managers of Wealth

Young philanthropists more interested in wealth gap than climate change

Just one in four wealthy Generation Y-ers believe climate change is one of the most important issues facing society

Bendigo to beef up funds management

We've developed a three-year plan which sees us double in size

Advisers pick open bonuses

''We are sceptical of short-term measures that are able to be controlled or manipulated by management as they may result in increased risk and not enhanced value for shareholders over the longer term.''

Swiss private bank inks wealth management deal with ANZ

ANZ Global Wealth and Private Banking CEO Joyce Phillips said: “This MoU is another step in bringing our super regional strategy to life in ANZ Private Bank.

Will Ashcourt Rowan's fine bring down the curtain on ‘old fashioned’ broking?

This follows the FSA’s decision to slap wealth manager Ashcourt Rowan with a £412,000 fine

Fiduciary Wealth signs up Platform One

Last month, Platform One unveiled a so-called “commission-friendly” service to appeal to non-UK advisers who prefer to continue to use the traditional commission-based remuneration model.

Coredata: Fifth of HNWs say advisers ‘over-engineer’ advice

Half of high net worth investors agree that financial advisers are experts in their field

SSgA forms joint venture in China

State Street Global Advisors Asia is awaiting regulatory approval to set up a joint venture to provide fund management for wealthy Chinese

Moving Sale: A Château on the Cheap?

Facing the prospect of hefty tax hikes, some wealthy French homeowners are racing to put their properties on the market—which can mean discounts for foreigners on a Provençal estate or Parisian pied-à-terre

Citi Private Bank Announces Partnership with Art13 London

"We're pleased to confirm Citi Private Bank's sponsorship of Art13 London, the first truly global art fair."

BNP Wealth Management supports entrepreneurs in France and Italy

BNP Paribas Wealth Management has long been committed to entrepreneurs, small and medium-sized businesses and their owners, by supporting their company projects and assisting in their personal wealth planning.

Aberdeen sees 15% rise in pre-tax profits

The company said its results were boosted by new client money and a strong investment performance in equities.

Specialist Advisory Firm Gains FSA Authorisation

The firm has developed an innovative business model ahead of the impact of the Retail Distribution Review

AXA Wealth scoops two business awards

AXA Wealth has won the prestigious 'Business and the Community Award' at the Basingstoke Inspire Business Awards for its continuous commitment to supporting the local community and local charities.

US justice department probes Swiss bank Pictet

Pictet & Cie., Switzerland’s biggest closely held private bank, said the U.S. Department of Justice has made a “general inquiry” into its wealth management business with U.S. clients.

Bullish bankers struggle to adjust to bonus cutbacks

Self-confidence and betting on long odds are part of their DNA and so, while expecting the financial industry to slash bonuses this year, many bankers think it will not happen to them.

Generali Said to Pitch Sale of Private Bank BSI to Apax, RBC

Assicurazioni Generali SpA is seeking offers for its Swiss private bank

Close Bros AM chief: 'We will be restricted and proud of it'

What we did not want to do is to find a way just to be independent, which goes against what the FSA is trying to achieve.’

UK private bank appoints head of the private office for North Asia

joins Coutts from Merrill Lynch, where he was a Managing Director responsible for building the private investment banking group in Hong Kong.

Scoban makes home in Adam & Co's former headquarters

In a sign of the Scoban management team's commitment to the programme, it said it aimed to have prestigious offices to complement its private banking offering.

Wealth and Asset Management