02/06/2013
Impax hires ex-DWS Investments sales head for discretionary push
Former DWS Investments sales head Stephen Moore has joined Impax Asset Management
Wealth and Asset Management
02/06/2013
Switzerland reinforces asset management industry
The Swiss financial centre is reputed more for its wealth management than its asset management industry.
02/06/2013
F&C trusts to merge due to 'significant change' in WM sector
The boards of ISIS Property trust and IRP Property Investments are seeking approval to merge the funds
02/06/2013
Art collectors ignore shaky global economy
Sales of Impressionist, modern and surrealist art at rival auctioneers Christie's and Sotheby's saw several pre-sale estimates shattered.
02/06/2013
RBC Wealth Management consolidates Albany area operations
The combined firm has 20 employees, two of whom were hired since RBC moved into the new space in December.
02/05/2013
RBC Increases CEO’s Pay to C$12.6 Million on Record Profit
The country’s largest lender beat its financial targets and posted record annual profit.
02/05/2013
Wealth management Americas lone bright spot for UBS in 4Q
The bank's plan to shed assets and shrink its balance sheet “is going really well.”
02/05/2013
Survey shows where wealth managers are most bullish
Reveals that investors are increasingly moving away from taking a regional approach to emerging markets.
02/05/2013
Atlantic Trust Celebrates Another Record Year
Atlantic Trust attributes its long-standing success to strong client retention and a steady inflow of assets from existing and new client relationships.
02/05/2013
Northern Trust Enhances Delivery of Risk and Performance Data for Institutional and Wealth Clients
Clients can customize comparisons at the plan level or for different investment programs and accounts.
02/05/2013
Gen Y Advisors Unhappy with Independence
Younger Advisors Less Satisfied with Independent Track - RESEARCH
02/05/2013
Heartwood Wealth gets new owner
“Handelsbanken is steadily growing and maturing in the UK, particularly amongst customers with high requirements for qualified asset management. This acquisition makes it possible for us to widen our offering to current and future customers,”
02/05/2013
Hargreaves Lansdown profit up 30%, lifts dividend
Operating profit GBP92.1 million
02/05/2013
Bankers flock to Dubai once again as reality bites in the West
As the local UAE economy grows and job opportunities increase as compared to other markets in the world
02/05/2013
Euromoney publishes 10th annual Global Private Banking Survey – UBS returns to the top
The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.
02/05/2013
Sanlam targets wealth acquisitions as it sheds Punter stake
Sanlam UK has sold its 21.6 per cent stake in actuarial consultants Punter Southall Group
02/05/2013
J.P. Morgan cuts investment bank bonuses
Executives in asset management will get an average increase of 6% in salary and bonuses
02/05/2013
Barclays Wealth opens Beverly Hills office
Barclays Continues to Expand its Wealth and Investment Management Presence in the U.S. With the Opening of its Beverly Hills Office
02/04/2013
European average household financial wealth declines - RESEARCH
The report, Bringing Europe Back to Savings, analyses household savings, investment and debt across 22 European countries, interpreting differences in the propensity to save and incur debt, household investments and the overall financial wealth of Europea
02/04/2013
Baring Swiss Bank for Rich Athletes Buys Asset Manager Coges
“We share the same values and ethics.”