05/29/2018
Old Mutual confirms plans to sell up to 10% of shares
Old Mutual sold single strategy asset management business Old Mutual Global Investors to a partnership of OMGI chief executive Richard Buxton
Wealth and Asset Management
05/29/2018
Tilney working with Charities Aid Foundation to give charities investment advice
Tilney’s experience means it is well-placed to offer advice to charities which use the CAF Investment Account and other CAF investment services to manage their investments.
05/29/2018
Two industry heavyweights make major announcements
According to the SLA board, it expects there will be capital within the group as a result of the sale and anticipated lower capital requirements.
05/29/2018
Wealth manager files for IPO to raise $100m
“We recognise that being a public company comes with responsibility that goes beyond just the legal standards. We intend to manage Focus with a high level of transparency and continue to invest carefully and manage the business with a long-term pers
05/28/2018
Wealth management most fragmented in global finance
Swiss banks ‘best placed’ in industry ripe for consolidation, JPMorgan says
05/28/2018
Nikko AM adopts Bloomberg's portfolio and risk analytics platform
The platform also comes with an automated reporting function, which the company says will help its institutional clients cut down on the manual work required to produce reports, thus saving time and boosting productivity.
05/28/2018
HSBC Private Banking eyes emerging growth prospects in Mena
Growth in region’s private wealth combined with passing of wealth form one generation offer great deal of opportunities to private banks
05/28/2018
Preserve and prosper
Various platforms are now available for the less wealthy to invest their spare change into a savings or a capital growth fund
05/28/2018
This $4.5M advisor courts UHNW clients on three continents
He first joined partners Daniele Conci and Edouard Crepy at BNP Paribas in Miami before moving the team to Morgan Stanley in 2011.
05/25/2018
Up Close With Julius Baer
The bank probably will move into the new offices at the end of 2020 after what it says will be a careful renovation of the building.
05/25/2018
All Work and no Play in Asia's Wealth Hubs
At the other end of the scale, in the seventh edition of the annual survey of global prices and living standards, it may come as no surprise that quality of life is perceived to be much tougher in China.
05/25/2018
Morgan Stanley sees China’s billionaires fuelling its Asia wealth business
Many are entrepreneurs cashing out of their businesses and seeking help investing the proceeds overseas, he added.
05/25/2018
RBC wealth unit income surges 25% in Q2
The group’s CET1 ratio was 10.9% as at 30 April 2018, while leverage ratio was 4.3%.
05/25/2018
SJP replaces BlackRock on alternatives fund amid raft of changes
Hires Wellington Management
05/24/2018
Revealed: 62 billionaires in UAE hold Dh616 billion wealth
Most UAE-based billionaires have made their money from real estate.
05/24/2018
Raiffeisen sells Notenstein La Roche to Vontobel
This complements Vontobel’s steady organic growth in wealth management over the past few years and, at the same time, strengthens its position as one of Switzerland’s leading wealth managers.
05/24/2018
How UBS reshuffle heralds major China expansion
UBS promotes two veteran bankers tohead its new one-stop-shop Greater China business ahead of an expected hiring spree.
05/24/2018
Could 50% of advisers exit industry?
The Adviser Ratings research pointed to almost 7,000 advisers having left the industry since 2015, with the future attrition rate expected to increase and described IOOF and AMP as being the majors most at risk from adviser churn motivated by FASEA.
05/24/2018
Vontobel buys private bank Notenstein La Roche for 700 mln Sfr
The transaction, which the parties expect to be completed in the third quarter of 2018 subject to regulatory approval, would be financed through available capital and an additional Tier 1 bond.
05/24/2018
Number of high-net-worth individuals in South Africa to balloon over the next decade
New World Wealth is a Johannesburg-based market research and consulting firm that offers a range of analytical services.