08/30/2018
Walker Crips' Newbury office attracts £93m in first year
The firm’s clients in the area include entrepreneurial families, City professionals, lawyers, accountants and retirees.
Wealth and Asset Management
08/30/2018
Lombard Odier Group reports results for first six months of 2018
Operating income up 10% with net profit up 16%
08/30/2018
How do brokers feel about private banking?
Chris Dawe, sales director at LDNfinance, believed it was a question of familiarity for brokers.
08/29/2018
AFAM Capital Joins Kovitz Investment Group
Focus-supported merger expands capabilities and geography of combined firms
08/29/2018
Pictet launches fund to develop 'smart city' technologies
Pictet's new fund will invest in a range of businesses working to improve infrastructure, real estate and public transport.
08/29/2018
Geneva WM acquires Zurich firm
The transition is expected to take 24 months.
08/29/2018
Société Générale Private Bank: Critical mass in its core locations
“In 2012, we reached the conclusion that the world of private banking was changing,” Mazaud explains.
08/29/2018
UBS: Compensation Changes to Remain
UBS last year changed the way it pays its U.S.-based advisors on retirement accounts.
08/29/2018
HSBC Private Bank attracts $1bn alternative inflows in Asia
We are observing growing interest in Asia for hedge funds as clients are increasingly seeking greater diversification and uncorrelated exposure to their equity exposure
08/29/2018
Walker Crips exits equities as risks rise
He has the same weighting to US and Emerging Market equities as does the market as a whole. The biggest area he has been reducing exposure to was European equities.
08/28/2018
Managing Wealth
With markets riding high and uncertainty growing, wealth management matters more than ever. Six experts offer their views on all things wealth related
08/28/2018
Julius Baer Probes Venezuela Affair
The private banker helped rinse as much as $1.2 billion of funds from state-backed oil firm PDVSA, as finews.com reported last week. German-born Krull was snapped up by officials in July in Miami, and agreed to cooperate with U.S. justice officials last w
08/28/2018
AFH adds 26 advisers with £5.1m acquisition
AFH will pay an initial cash consideration of £2.3 million, with the remaining fee due over a 26-month period depending on performance targets being met.
08/28/2018
Liechtenstein bank LGT reports 15 pct rise in first-half profit
Revenues and expenses for the private banking business in Asia and the Middle East acquired from ABN AMRO have been reflected in LGT’s results since May 2017
08/28/2018
Indosuez WM has high hopes for DPM in Asia
Another driver of discretionary in Asia is the second generation of wealthy families taking over.
08/28/2018
Lombard Odier PB outlines ambitious alts expansion plans
The CHF 5 billion platform houses 28 funds and is on track to double its assets over the next couple of years, according to Lombard Odier Private Bank CIO Stéphane Monier.
08/28/2018
Singapore advice firm IFS strikes deal with wealth manager
Emails sent to clients three months after IFS lost a High Court case against Old Mutual International
08/28/2018
Wealth managers must understand risks from untested FinTechs to reap the rewards
Wealth managers have been partnering with technology firms for years
08/28/2018
Mirabaud reports increase of AUM
The Mirabaud Group reported its half-year results on June 30 2018. Assets under management increased by 7% compared with 30 June 2017. Group profit, amounting to CHF 2.9 Million, is up by 34%, thanks to a positive contribution from three business lines.
08/27/2018
Independent Alternative for Experience Banker
They all hired bankers with a long pedigree in recent months – mostly at the two big banks UBS and Credit Suisse.