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

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.

05/04/2012

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

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.

05/03/2012

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.

05/02/2012

TD Bank aims to attract rich U.S. clients

TD has about 100 face-to-face advisers in the U.S., but that "will multiply" over the next three-to-four years, Mike Pedersen, group head of TD's wealth and insurance business, said in an interview last week.