08/28/2017
Top 10 mutual fund managers who created the most wealth for investors
The unprecedented gush of liquidity has come at a time when fund managers have been battling sky-rocketing valuations and lack of opportunities in certain pockets.
Wealth and Asset Management
08/28/2017
Morgan Stanley Wealth leaves Macquarie Group at platform altar
Employees are expected to learn of the change of heart this week.
08/25/2017
UBS offloads its Dutch wealth-management business
The combination of the domestic wealth management activities of UBS in the Netherlands with Van Lanschot Kempen's offering results in a strong and differentiated proposition for family offices, foundations & charities and ultra-high net worth pri
08/25/2017
Private Banking's «Transfer» Mystery
Swiss private banking has become a merry-go-round: reputable client advisers are switching allegiance in rapid succession.
08/25/2017
Vontobel gets go-ahead for new ownership structure
The earliest possible date of termination for the old shareholder pooling agreement would have been the end of 2018.
08/25/2017
International brand is launched
A move to larger premises is expected later in the year.
08/25/2017
Canadian banks want bigger piece of U.S. wealth management
During quarterly earnings calls this week, two Canadian banking giants — Royal Bank of Canada and Canadian Imperial Bank of Commerce — outlined plans to expand their U.S. wealth divisions and turn up the heat on their stateside peers.
08/25/2017
Openwork hits £5bn with SJP copycat fund range
Now Openwork is boasting about reaching a 'milestone' £5 billion of assets in its fund range Omnis.
08/24/2017
Keeping India on track for a bright wealth management future
The expectation is that clients will want to see more options across the investment spectrum, with advice on the right selections based on individual risk profiles – and also more guidance during times of market stress.
08/24/2017
Neuchâtel cantonal bank launches its first funds
The funds will be launched on 5 September
08/24/2017
Swiss Banking's Transfer Mysteries
Swiss private banking has become a merry-go-round: reputable client advisers are switching allegiance in rapid succession.
08/23/2017
Sanlam Private Wealth Africa opens office in Mauritius
This includes access to Sanlam's global investment capabilities and the UK-based SPW Global Quality Fund, named the winner in the Best Fund category of the City of London Wealth Management Awards earlier this year.
08/23/2017
UBS Slams Florida Broker’s Whistleblowing Claim as Implausible
His claim asserts two counts of violating a federal Dodd-Frank Act whistleblowing law and a Florida whistle-blowing statute.
08/23/2017
If Credit Suisse Is Going To Remain A Swiss Bank It Might As Well Be An Extremely Swiss Bank
But why would the ultra-wealthy want to bank in Switzerland these days?
08/23/2017
Credit Suisse Creates Unit to Cater to Ultra Rich at Swiss Bank
Credit Suisse’s Swiss universal bank, which offers wealth management, asset management and investment banking, was earmarked for a potential IPO earlier this year
08/23/2017
How Well Does UBS Europe Pay?
The unit employs nine bankers with one million euros or more in salary.
08/23/2017
Pictet Sees Middle East Wealth-Fund Revival as Oil Price Holds
The number of inquiries about new investment mandates has increased substantially.
08/23/2017
RBC boosted by sharp rise in wealth management profits
Royal Bank of Canada on Wednesday reported a 5 percent increase in underlying third-quarter net income, helped by double-digit growth at its wealth management business which offset a weaker showing in capital markets.
08/23/2017
Italian Bank Snaps Up Geneva Wealth Firm
Earlier this month a source told Reuters the deal was worth between 150-200 million euros ($177-236 million).
08/22/2017
BNY Mellon Wealth Management opens Houston office
The office is among more than 40 global offices for BNY Mellon Wealth Management.