05/07/2012
AMP 'on track' to meet Axa deadline
AMP is on track to meet its deadline to integrate the giant wealth management business with Axa Asia Pacific (APH) by early next year after a protracted three-year takeover saga.
Wealth and Asset Management
05/07/2012
Baird To Continue Wealth Management Expansion
Baird’s financial advisor force totals almost 700 following the hiring of more than 250 financial advisors and branch managers since 2009.
05/07/2012
AXA : pursues commitment to cultural philanthropy
On the 3rd of May, French Minister for Culture and Communication Frédéric Mitterrand announced the acquisition by the French State, for the Louvre Museum, of the Pietà with Saint John and Two Angels attributed to Jean Malouel, thanks
05/07/2012
German wealth managers to ‘outgrow the Swiss’
German listed wealth managers have better growth prospects in their home market than equivalent companies in Switzerland, long considered the heart of Europe’s private banking industry, new research shows.
05/07/2012
Executives hit back at 'rewards for failure' claims
The growing revolt over executive pay is threatening to engulf a string of major companies over the coming weeks, including William Hill, Standard Chartered, Unilever and WPP.
05/07/2012
Passage to India's riches runs far from smooth
Schroders’ decision to buy a stake in an Indian fund management company at the end of last month underlines the asset management industry’s interest in a potentially large but challenging market.
05/07/2012
Investment Potential in Africa highlights need for sound public policy
The rise of the middle class and the increase of wealth in private hands in Africa signal great opportunities for growth for the continent and investors.
05/04/2012
Credit Suisse Continues Americas Buildup, Plans More Office Openings
The unit of the Swiss bank, which focuses on clients with $10 million or more in investable assets, has 570 relationship managers, or RMs, the firm's name for financial advisers, in the region, 420 of which are in the U.S., and has more .
05/04/2012
First firms complete Axa Wealth transition programme
This will be achieved through combining global best practice within the firms with peer interaction that can be used to future-proof the organisation.
05/04/2012
Rich Malaysians grow wealth aggressively
A study covering nine Asian markets described rich Malaysians as ambitious and aggressive in growing their wealth, with 75% aiming to be worth about US$4mil (RM12mil) within the next 10 years.
05/04/2012
Coutts undergoes major restructure for RDR
‘Reshaping of the UK business progressed to the next phase with the restructure of key professionals in client servicing,' RBS said.
05/04/2012
Arts attract philanthropic funds
Funds for projects ranging from direct support of artists to acquisition of works and related community development projects accounted for $5.28 million of the $23.2 million in grants to organisations from clients of the multi-family office last year.
05/04/2012
Swiss private bank said to be up for sale
He said the group was in advanced negotiations with two financial institutions from the Gulf and one from Britain.
05/03/2012
Capgemini and RBC Wealth Management to Partner on Leading Annual World Wealth Reports
The annual World Wealth Report and the Asia-Pacific Wealth Report are the global benchmarks for tracking HNWIs and cover HNWI market sizing with a review of global economic drivers, HNWI investing behaviors and asset performance trends.
05/03/2012
Chilton Trust Company Receives Approval To Exercise Trust Powers
Independent Directors William Boardman, Porter Goss and James Hawkes Join-
05/03/2012
Schroders posts Q1 net inflows, rising AUM
Blue chip investment manager Schroders reported first-quarter profits slightly above expectations as net flows from institutional investors buoyed assets under management.
05/03/2012
St James's Place hits record £31bn in funds
St James’s Place has reported a 9 per cent increase in funds under management for the first three months of the year from £28.5bn to £31bn.
05/03/2012
Brown Shipley in triple hire for south Asian service launch
Brown Shipley has launched a private banking service catering exclusively for South Asian customers living in the UK and abroad.
05/03/2012
Wealth-X Releases Latest Indonesian UHNW Figures
Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has released a report on the UHNW population in Indonesia at an event in Jakarta.
05/03/2012
UBS faces pay backlash as Weber becomes chairman
Brigitta Moser-Harder, a small investor, told Reuters on the sidelines of the meeting attended by around 3,400 shareholders.