05/23/2018
Boutique wealth manager takes stake in Optimus Capital
GWM declined to reveal how much of an interest it has taken in Optimus or the amount it paid for the stake.
Wealth and Asset Management
05/23/2018
Award-winning wealth manager opens new office
The new office is located in the Turkey Mill Business Park, which is set in 20 acres of landscaped grounds and located half a mile from the town centre. I
05/23/2018
Julius Baer reveals record AUM and Asia growth plans
Assets under management at record CHF 401 billion – Robust net new money inflows – Gross margin improvement driven by step-up in client activity – Cost/income ratio (2) inside target range
05/23/2018
Paulina Mejia Wins Top Women in Asset Management Award
“Paulina is a dedicated advocate for women both as clients and as professionals in the asset management industry,” said John M. Dowd, chief executive officer of Fiduciary Trust Company International.
05/23/2018
Morgan Stanley CEO Wants to Double Asset Manager to $1 Trillion
The asset-management industry has seen a wave of mergers as investors’ shift to passive strategies has put pressure on firms to increase scale and cut costs.
05/23/2018
Advisory Firm Focuses On UHNW Latin Americans Coming To U.S.
The firm educates families on how to adjust to the elevated cost of living in the U.S.
05/22/2018
StanChart's digitalisation push nets more customers
The bank's wealth management business is growing at a healthy clip, he said in a recent interview.
05/22/2018
Woodford dropped from wealth manager’s list of recommended funds
Charles Stanley takes Woodford off its recommended list, as famed fund manager battles losses
05/22/2018
Japan’s rich targeted in offshore joint venture
BOS hopes the memorandum of understanding will raise its profile among Japanese ultra-high and high net worth individuals.
05/22/2018
Capital Group's 3 Key Wealth Trends
Forty percent of high net worth advisor clients own and operate their own businesses.
05/22/2018
A bespoke vehicle for private banking success
Mediobanca continues to demonstrate the expertise and sector-specific proficiency required to flourish at the top end of Italy’s private banking sector
05/22/2018
Capital Group's 3 Key Wealth Trends
Women are empowered now more than ever to make their own financial decisions - starting with choosing the right advisor.
05/22/2018
7IM’s new Jersey office head eyes trust market
Jersey will not be the last island 7IM hops onto, however.
05/22/2018
Close Brothers Asset Management reports 'strong' inflows
Longer term, we are confident that the consistent application of our business model, along with our strong customer relationships
05/22/2018
Chinese banks up the ante to lure millionaire clients from overseas private investment houses
More than 60 per cent of mainlanders with personable investible assets worth in excess of US$1 million now hold those offshore, and 10 per cent of that by value are handled by foreign banks
05/21/2018
Guy de Picciotto: how I steered UBP through the financial crisis
Geneva bank chief on hedge funds, Madoff and takeovers
05/21/2018
ANZ Sells Another Asian Asset
ANZ Royal Bank will be acquired by a Japanese financial holding company, J Trust, ANZ said in a media statement.
05/21/2018
Standard Chartered Seeing Results in Digitalisation Move
Singapore is also Standard Chartered's second-biggest market, after Hong Kong.
05/21/2018
Singapore's wealth management business dominates Asian competition
According to a report, Singapore and Hong Kong both rank well for competitiveness but have slight weaknesses in ’provider capability’
05/21/2018
Addressing the need for a holistic approach to wealth management
It is increasingly important today given that their wealth is now very diverse.