08/05/2019
Quilter sells life assurance business
Quilter Cheviot clients redeemed more than £600 million in the first half as they followed a number of departing wealth managers out of the door
Wealth and Asset Management
08/05/2019
UBS AM among firms with highest women fund manager turnover rates
Pictet has similar turnover rates for men and women
08/05/2019
7IM boosts assets and profits in latest full year results
In December 2018, the majority of Tcam's clients and assets migrated to the LLP.
08/05/2019
Lord Rothschild’s RIT Capital reports £3bn net assets and NAV growth
The Company stressed a diverse and cautious approach to portfolio management, based on a capital preservative approach with strong focus on gold.
08/04/2019
Secret dossier leaks St James’s Place sales tactics
Internal documents lay bare how reps with Britain’s biggest financial adviser are able to play down its charges
08/04/2019
Chairman in €1mn show of faith in Deutsche Bank
Move suggests bank has no plans to deepen its overhaul announced last month
08/02/2019
OCBC reports steady Q2 profit; UOB's profit rises 8%
Second-quarter profit at smaller lender United Overseas Bank advanced 8 per cent to S$1.17 billion, supported by improvement in both interest and non-interest income, the bank said.
08/02/2019
Maybank Singapore's strategy to drive wealth management costs down
Singapore’s favourable tax regime, open market, safe haven status continue to be important factors for why we are the preferred wealth management hub in this region.
08/02/2019
Coutts and Adam & Co new clients jump 13% in first half
What has been particularly pleasing has been the 13% increase, on last year, in new clients that we have welcomed to Coutts and Adam & Company.
08/02/2019
ZEDRA shortlisted as ‘Trust Company of the Year‘
We are delighted that ZEDRA has been shortlisted as ‘Trust Company of the Year’ in Switzerland and the Isle of Man
08/01/2019
Schroders AUM up 9%
The first part of the Lloyds mandate, around £45 billion of assets, will fund in the second half of the year.
08/01/2019
StanChart first-half profit rises 3%, beats forecasts
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
08/01/2019
UBS plans negative interest rate levy for rich clients
Bank will from November charge 0.75% on cash balances over 2 million Swiss francs
08/01/2019
Fiduciary group to join Oak’s multi-jurisdictional business
The group has offices in Guernsey, the Isle of Man, Jersey, Luxembourg, Malta and Mauritius with more than 200 employees.
08/01/2019
Morgan Stanley's Wealth Management Revenues Could Reach $18.4 Billion By 2021
While industry headwinds are likely to weigh on wealth management fees for Morgan Stanley
08/01/2019
Charles Stanley buys Leeds-based wealth firm
We are pleased to announce that Charles Stanley has acquired Myddleton Croft, an award-winning discretionary investment management firm.
07/31/2019
PE fund launches capital raising
The company would target an Internal Rate of Return of 15 per cent and a three-four per cent dividend yield over the life of the trust and the current offer would be open to institutional investors and family offices who were the traditional private
07/31/2019
The new and promising landscape of wealth management in Asia
Singapore and Hong Kong are leading global centres for financial regulators, which gives the investing public peace of mind.
07/31/2019
5 Reasons Singapore is Winning Asia’s Wealth Management Hub Race
What seemed like a foregone conclusion then is now looking increasingly uncertain.
07/31/2019
Credit Suisse Defies Bank Gloom With New Money, Trading Beat
Main trading unit beats peers, offsetting weakness in Asia