04/25/2017
UBS targets rich kids of Instagram with inheritance guide
UBS estimates that 65% of European billionaires have a family office
Wealth and Asset Management
04/25/2017
Canaccord Genuity Announces Stronger Than Expected Outlook
Two significant advisory transactions outside of Canada during the quarter contributed to an increase in advisory fee revenue.
04/25/2017
St. James's Place says first quarter net inflows 2 billion pounds
They were underpinned by strong retention of clients funds at 95 percent, it said in a statement.
04/24/2017
OCBC Indonesian Wealth Unit Approved
The most visible distribution is to government bonds.
04/24/2017
Why Goldman Sachs has Asia’s most productive private bankers
Citi ranks in second spot, despite the figures including its Citigold mass-affluent brand.
04/24/2017
Morgan Stanley casting net farther
We've institutionalised our private wealth business, as opposed to just managing money.
04/24/2017
Firm sees big growth for financial services in UAE
Quilter Cheviot expects this growth to continue as the International Monetary Fund forecasts Emirati economic growth will strengthen to 2.5 per cent this year and 3.1 per cent in 2018.
04/24/2017
Close Brothers to launch 2017 Family Business Road Trip
The Family Business Road Trip, now in its fourth year, will run for six weeks, bringing businesses together to share experience, to network and to address the challenges they face.
04/24/2017
Miami Lures Another Brazil Bank as Amnesty Unlocks Hidden Wealth
A second phase of the program kicks in this year.
04/24/2017
Standard Life Aberdeen powerhouse eyes US market for expansion
Aberdeen’s chief executive Martin Gilbert has been clear for example, that we’d like to do better in the United States.
04/24/2017
SS&C GlobeOp Forward Redemption Indicator: April notifications 2.41%
The emerging trend of increased asset retention is very positive news for the hedge fund industry.
04/24/2017
UK Private Bank aims to double client base and loan book
The bank is currently exploring whether to accept new customers with between £1m and £3m in net wealth through offering a mixture of digital and face-to-face advice.
04/23/2017
Israel has substantial growth potential
He has been responsible for the bank’s wealthy clients in Central and Eastern Europe, and, for the past year, for Greece and Israel as well.
04/23/2017
Credit Suisse to Make Capital Hike Decision After AGM
Reuters had previously reported that Switzerland's second-biggest bank was likely to make a decision in April on how to proceed on raising new capital.
04/21/2017
Building a bigger funds presence in South-east Asia
Last but not least is inorganic growth.
04/21/2017
Flexing digital muscle to tap China’s funds industry
China is the only place where you see proper digital distribution of funds.
04/20/2017
Wealth management revenue, profits jump at U.S. Bank
Revenue from wealth management was up 6% year-over-year and up 2% from the prior quarter.
04/20/2017
BNY Mellon Plays the Long Game in Asia
Wealth manager is growing rapidly in Asia with a holistic approach and expertise with globetrotting families.
04/20/2017
Principal opens Swiss office
The new office comes at a time when regional players are looking to increase their advisory services capabilities partnering with global managers who are able to offer a distinct set of products that can provide returns for their clients.
04/20/2017
Credit Suisse: Ancient Rome Revisited
Asset manager GAM also caved on pay, under pressure from activist hedge fund RBR.