10/12/2016
UBS Feels Asset Management Industry Pressure
Asset management has grown far more competitive as clients shift more funds to passive managers, which are cheaper than active managers
Wealth and Asset Management
10/12/2016
Brown Shipley buys Manchester wealth manager
With a heritage spanning over 200 years, Brown Shipley provides investment management, wealth management and private banking services to a range of clients.
10/12/2016
A Financial Capital Europe Can Waltz To
A big Russian bank is considering shifting more of its of business to the Austrian capital as Britain heads for Brexit
10/11/2016
Swiss investment house enters UK with corporate bond
OMNIA raises an agreed proportion of the asset’s value – which is never in excess of 50% of the value of the assets
10/11/2016
Singapore directs Falcon Bank to stop operations in Singapore
Falcon Bank has demonstrated a persistent and severe lack of understanding of MAS' AML requirements and expectations
10/11/2016
Falcon Bank says will focus elsewhere after losing Singapore licence
Falcon Bank will focus on growing their businesses in the core locations Switzerland, Middle East and London
10/11/2016
The best way to help people pass wealth their grandchildren is to scrap inheritance tax
How and to whom wealth is passed on is clearly a matter of personal choice, not of government decree
10/11/2016
The Countries Where The Super-Rich Are More Likely To Have Inherited Their Wealth [Infographic]
The situation is similar in Sweden where 43.8 percent of ultra high net worth individuals inherited their fortune.
10/11/2016
UBS chairman hits out at EU – 'We are not a European bank, we are a Swiss bank'
UBS is not a European bank, but a Swiss bank and Switzerland is not part of the EU
10/11/2016
The Wealthy Are Not All the Same
The rhetoric often portrays the wealthy as a homogenous group that inherited its wealth
10/11/2016
Aabar Investments says fully behind Falcon Private Bank after 1MDB sanctions
The Monetary Authority of Singapore on Tuesday said it had ordered Zurich-based Falcon Private Bank's Singapore branch to cease operating because of "a persistent and severe lack of understanding" of Singapore's money-laundering contro
10/11/2016
Progeny launches discretionary investment management firm
Will offer bespoke and model portfolios
10/11/2016
Vistra Assists in Acquisition of Thomson Reuters IP and Science Business
Vistra was able to help overcome extreme complexity and provide integrated corporate secretarial and governance assistance during the transaction.
10/11/2016
Old Mutual Wealth's Feeney warns of 'difficult' markets ahead as inflows slow
Flows hit by Brexit and market uncertainty
10/11/2016
Old Mutual estimates closing London base will cost up to £65m
The managed separation process is expected to be completed by the end of 2018.
10/11/2016
Crestbridge Luxembourg to act as manager in first RAIF platform
This means that non-EU managers can quickly set up and bring to market funds under the supervision of the pre-authorised manager.
10/11/2016
St James’s Place Backs Janus Henderson With US$983 Million
Henderson asset manager, will acquire Janus Capital Denver based fund company
10/11/2016
Stealth wealth: inside the secretive world of wealth management
Capital Without Borders by Brooke Harrington reveals a new, hidden focus for financial services: keeping family assets secure.
10/11/2016
OMGI’s Tonkinson: We are expanding our international footprint
He started out as an independent financial advisor at Towry Law, and spent the earlier years of his career at Prudential and Fidelity.
10/10/2016
ABN Amro weighs sale of Asia private-banking business
The cost to the banks is climbing fast, and some players may just decide to focus back on their more profitable core business.