09/02/2019
Young women clients demand greater transparency from ‘off-putting’ wealth management
A study from Netwealth on women's attitudes to wealth concludes the industry must up its game to appeal to a new demographic of clients
Wealth and Asset Management
09/02/2019
Geneva boutique launches new sub-fund
The spreads are as good as the yields
09/02/2019
Geneva boutique launches new sub-fund
Companies issue these kinds of bonds to avoid issuing equities and impacting shareholders in a negative way.
09/01/2019
Kleinwort courts young mums in hiring drive
Kleinwort Hambros has launched a career returners programme, in a bid to attract professionals who have had a career break of two or more years.
09/01/2019
Julius Baer decides to keep Kairos after strategic review
Between the start of the strategic partnership in June 2013 and 30 June 2019, Kairos’ assets under management more than doubled to over EUR 9 billion.
09/01/2019
Old school wealth managers bulk up for leaner times
Tilney’s buying spree is also a fight for survival
08/30/2019
Hargreaves admits 'frustration' with Wealth 50 pick M&G Recovery
Over the last 10 years the fund has returned just 49%, the worst record of any of the 180 funds in the Investment Association's UK All Companies sector and less than half the 122% return from the FTSE All-Share.
08/30/2019
Deficient Banque Cramer pays big dividend
Banque Cramer is 100 percent owned by the investment company and is the sole holding company in it.
08/30/2019
Julius Baer Braces for «Ideas Guy» CEO
The former consultant acknowledged to finews.com that he isn’t well-known to shareholders.
08/30/2019
Clients would leave adviser over value for money concerns
We, as an industry, must demonstrate value and give investors confidence in the actions we take and decisions we make.
08/30/2019
Standard Chartered in Hiring Push to Grow Private Banking
Hitting $100 billion can give us credibility internally, help us to attract talent, Standard Chartered’s global head for private banking and wealth management, Didier von Daeniken, said in an interview.
08/30/2019
YBR to remediate wealth clients
According to ASIC, fee disclosure statement obligations require advice providers to give retail clients with ongoing fee arrangements an annual statement setting out fees to be paid and services they are entitled to receive.
08/29/2019
Wealthier Southeast Asia means more opportunities for investors
As region becomes more prosperous, international firms are seeing more opportunities in mutual funds and private banking
08/29/2019
IIFL Wealth to acquire L&T Finance’s wealth management business
The transaction is subject to regulatory approvals.
08/29/2019
BMO Financial Group Reports Third Quarter 2019 Results
The quarterly dividend of $1.03 per common share is equivalent to an annual dividend of $4.12 per common share.
08/29/2019
UK wealth manager rolls out cash management service to advisers
The company will search across 5,550 deposit accounts to help clients find the best interest rate.
08/29/2019
Wealth manager hails 'strong' ethical portfolio performance
The funds selected in Kingswood’s portfolios comprise a range of ethical strategies.
08/29/2019
Chinese wealth manager takes down 2019 guidance
The Camsing scandal and the ongoing Hong Kong protests cast a shadow over the wealth management firm’s 2019 forecast.
08/29/2019
BofA Chases $10 Trillion Private Capital Pool Driving M&A
Private capital is increasingly replacing public pools of capital,” Rizzo, who’s also head of EU corporate and investment banking, said in an interview this month.
08/29/2019
HSBC opens a Jade centre in Shanghai to cater China's wealthy
Today, as we launch HSBC's first Jade Centre in mainland China, we also unveil the new Jade Passport, which gives our Jade customers in mainland China, Hong Kong and Singapore access to a suite of exclusive privileges across Asia's key wealth hu