05/18/2012
Up to 20% of Coutts’ front line staff are facing redundancy, following the bank’s decision to place a greater emphasis on wealth management in the run-up to the retail distribution review (RDR), Wealth Manager can reveal.
05/18/2012
The business is a property and tax planning investment manager, that will focus its sales through intermediary channels.
05/18/2012
Bristol-based Caple Banks Wealth Management has opened an office in nearby Gloucester in a bid to grow its professional connections in the city.
05/17/2012
The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.
05/17/2012
You get what you pay for, perhaps. Just this week, the Hong Kong government announced a round of pay raises for the government, increasing its chief executive's annual salary to a smooth $622,000.
05/17/2012
Research from consultancy MDRC certainly suggests this, with satisfaction among advisory clients outpacing that of discretionary clients in 2011.
05/17/2012
The UK Financial Services Authority's (FSA) draft of new regulations preventing unregulated collective investment schemes (Ucis) being marketed to retail investors will have most impact on the UK private wealth management sector, according to market
05/17/2012
Most next-generation respondents (79%) consider “being a good steward” of their families’ wealth very important, and the survey found many wished for more involvement.
05/17/2012
In Dubai alone, there is Huda Ali Redha Al-Lawati, a principal at Abraaj Capital, the region's largest private equity firm, and Hoda Abou-Jamra, a founding partner of a $40 million health care fund.
05/17/2012
Speaking to a group of around 250 engineering students, academics and industry representatives at NUS Engineering Auditorium, Mr Ngiam was asked during the one-hour dialogue why Singapore could not possess both wealth creators and wealth managers.
05/17/2012
The integration of its four pillar businesses has delivered US$500 million of additional revenue, the bank said, adding a further US$1.5 billion in revenue is expected in the short- to medium-term.
05/17/2012
The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010
05/17/2012
Profits dip in wealth and investment division as restructuring and unit sales costs take toll.
05/17/2012
His role will be filled by Eric Pfister, head of market UK/international, until a replacement can be found.
05/17/2012
As part of Private Client Practitioner’s Top 25 series, the Top 25 Law Firms aims to identify, recognise, introduce and promote the Top 25 Private Client Law Firms, in the UK and UK offshore
05/16/2012
This latest mandate underpins Northern Trust's focus on the charities, foundations and endowments sectors and adds to previously announced mandates
05/16/2012
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.
05/16/2012
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.
05/16/2012
Gottex acquires fund-of-hedge-funds in Asia push
The CIO will join Gottex as a senior executive in Asia.
05/16/2012
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.