08/06/2018
Deutsche Bank to expand US wealth management division
Move comes after its inclusion in Federal Reserve watchlist of ‘troubled’ banks
Wealth and Asset Management
08/06/2018
Private wealth investors slowly gain interest of more managers
A number of money managers running alternatives strategies said they are picking up interest from, and consequently working hard to adapt, to new interest from high-net-worth individuals.
08/06/2018
HSBC profit gets a lift from retail banking
Revenue rose 4.3% to $27.29 billion from $26.2 billion on higher margins on deposits and balance growth as well as favorable currency effects, the bank said.
08/06/2018
Managers applauding Beijing’s policy moves
The relative "depth and breadth" of China's policy response helps make the credit of high-quality firms in that country more attractive than that of other emerging markets, Mr. Collins said.
08/06/2018
SJP reveals how it will invest to expand business
The Rowan Dartington discretionary fund management business had client assets of £2.1bn at the end of 2017, and to £2.3bn at the end of June 2018.
08/06/2018
Duet Group snaps up wealth manager
The decision to acquire Merit Capital followed the reorganization of Duet Group in to 3 business units.
08/06/2018
Hong Kong-backed wealth manager eyes expansion
LJ Partnership will also rebrand to Alvarium Investments in 2019.
08/06/2018
Merrill Lynch wealth managers ditch Thomson Reuters for Factset
This expanded relationship with one of the largest wealth managers in the world highlights the continued growth of FactSet's Wealth Management business and reaffirms FactSet's strategy of delivering enterprise solutions across the entire wealth
08/03/2018
Coutts' profit soars 85%
Our growth in wealth management is a sure indication that our clients continue to see us as a reliable and dependable investment house – delivering the advice they need.
08/03/2018
Julius Baer joins Scottish Financial Enterprise
The move comes as the firm seeks to establish its new regional headquarters at One Lochrin Square in Edinburgh
08/03/2018
Asset and wealth management units buoy Q2 results for Natixis
The return on equity is increasing in all the business lines.
08/03/2018
Canaccord Genuity WM assets rise 8.5% to £26.9bn
Cash and cash equivalents balance of $739.3 million, a decrease of $123.5 million from $862.8 million
08/02/2018
Credit Suisse beats expectations
Looking to 2019 and beyond, we will continue to deliver improved profitability, higher returns and growing shareholder value.
08/02/2018
After spending 5 years studying millionaires, I've found that there are 3 types of people who end up the wealthiest
Approximately 27% of the rich people in my study were "virtuosos."
08/02/2018
Bordier & Cie acquires majority stake in Helvetia Advisors
Bordier & Cie, set up in 1844, has been operating in Montevideo since 2007. The bank also has offices in Singapore, London, Paris, Geneva and Zurich.
08/02/2018
Norway Makes First Deposit to Huge Wealth Fund Since 2016
The economy and Norway’s biggest industry are now on the mend after crude recovered to above $70 a barrel from below $30 at the depth of the crisis.
08/02/2018
Enhanced customer onboarding must be a wealth management priority
By combining a user-friendly, customisable and personalised front-end with a robust back-end, firms usually accomplish better customer fulfilment.
08/02/2018
Man Group reports record inflows in positive sign for hedge funds
Company attracts $8.3bn of new money but assets under management rise only $4.6bn
08/02/2018
DBS Posts 20% Gain in 2nd-Quarter Profit
Lower trading income clouded gains from lending and wealth
08/02/2018
5 Things We Know About Family Office Progression
Ethics is one of the key themes at this year’s conference, and we know that social and environmental impact is a key concern for families.