06/01/2017
Charles Stanley Completes Sale of EBS Management
Charles Stanley agreed to the sale on April 11, which is in line with the company's strategy to focus on its wealth investment management activities.
Wealth and Asset Management
05/31/2017
EFG Asset Management adds global emerging markets strategy
The fund invests in high quality, large-cap companies in emerging market economies.
05/31/2017
Nedbank Private Wealth wins International Bank of the Year award
These awards are judged and selected by a balanced blend of industry experts
05/31/2017
UBS to Shift Service Jobs to Smaller Cities
One of the new service centers, where IT and other back-office duties are performed, will be opened in Schaffhausen this fall, with some 500 work stations.
05/30/2017
Old Mutual security breach
The company has notified the regulators about the security breach, and it is “cooperating closely with the SAPS and the investigation is ongoing”.
05/30/2017
Lombard International signs joint venture in Mexico
We are delighted to be working with Lombard International.
05/30/2017
The beauty of trusts for real estate investing clients
The more flexible buckets in which clients’ assets are stored, the more opportunities to plan.
05/29/2017
A symbiotic relationship within independent wealth
These would include addressing the complexities that clients face, as well as having more flexibility in meeting compliance requirements.
05/27/2017
Brooks Macdonald duo named in Citywire Top 30 Under 30 list
Having qualified as a private client manager in 2014, Oliver joined Brooks Macdonald two years ago.
05/26/2017
A new chapter for wealth management in the Philippines
These include more investor-friendly regulation, education of customers and advisers alike, and a greater take-up and acceptance of technology.
05/26/2017
Old Mutual may have to touch UK cash reserve
The company was updating the markets ahead of its annual general meeting held yesterday in the UK.
05/26/2017
Old Mutual shareholders rebel against executive pay
Following public discussions about a possible vote against the plans Old Mutual presented a revised plan which was passed with 93% of votes at last year's AGM.
05/26/2017
UBS announces philantropy partnership with the royal welsh college of music and drama
But also to audiences, the local community and to the Welsh creative and cultural industries.
05/26/2017
Private client firm acquires Merrill Lynch's international trust and wealth structuring business
The CEO expressed his delight at concluding this deal
05/26/2017
Couple reject Coutts redress after suitability review
Wealth Manager understands that this is an isolated case and should not have wider implications for the bank.
05/25/2017
ABN Amro Private Bankers Snubbed
Liechtenstein's LGT Group recently confirmed to finews.asia the management re-shuffle across its Asian wealth management units.
05/25/2017
Old Mutual says may launch small IPO for Old Mutual Wealth
The listings are likely to take the form of a demerger, benefiting existing shareholders, but "with the possibility of a small initial public offering" for the wealth management division, the company said.
05/25/2017
deVere to “extensively develop” in Europe; James Green, new Head of the region
The move is part of the conclusions reached by the company-wide Strategic Review of its global business operation that began in March.
05/25/2017
RBC Wealth Management net income up 12%
Wealth Management net income of $431 million was up $45 million or 12% from a year ago, mainly due to increased earnings resulting from growth in average fee-based client assets which benefited from favourable equity markets, and higher net interest incom
05/25/2017
Old Mutual making progress with 'managed separation'
On 27 April, it also announced that it had agreed to sell its 26% stake in Kotak Mahindra Old Mutual Life Insurance to the joint venture partner, Kotak Mahindra Bank.