07/27/2018
Asset managers wobble as trade tensions hit client sentiment
BlackRock sees outflows from active, passive equity
Wealth and Asset Management
07/27/2018
Private banker salary: What the top dogs are earning
An associate private banking director in Singapore can expect to earn a maximum of approximately S$200,000.
07/27/2018
Swiss bank Vontobel raises mid-term goals as assets under management rise to record
The 94-year-old bank is increasing its 2020 profitability target
07/27/2018
Schroders' Brookes: Brexit Stops Me Buying UK Stocks
UK equities are attractive, but Brexit uncertainty is stopping Schroders' head of multi-manager Marcus Brookes from backing them for now
07/27/2018
UBS Is Cutting Dozens of Staff in Wealth-Management Revamp
The bank announced higher second-quarter profit for global wealth management this week, which helped offset the surprise withdrawal of assets by clients.
07/27/2018
Rothschild to close Singapore WM office
Clients will be able to choose to have their assets transferred to either the company’s Hong Kong or Zurich branch.
07/26/2018
Schroders asset growth slows on volatility, retail hits
Lack of new business
07/26/2018
Ryley Wealth Management reports continuing strong growth
Turnover for the year to December 2017 increased by 45% to £2.9M and over the same period increased the clients’ funds under management by £55M.
07/26/2018
Brooks Macdonald sees discretionary FUM reach record £12.4bn
Our organic growth has been largely driven by the depth of the relationships we have built with our clients and the adviser
07/26/2018
Top Tips on how to pass wealth on to your loved ones
Before you have a family discussion about inheritance, you need to have a good idea of your financial position and your intentions
07/26/2018
The “Golden Dragon” Continues Expansion Into Europe, And Potentially Into Monaco
Over the past 10 years, China has bought or invested at least $318 billion in assets across Europe
07/25/2018
Consolidator buys London advice firm
Evolve’s clients will also be able to benefit from Progeny’s ever-expanding asset management and private and corporate legal advisory services at transparent prices.
07/25/2018
Rathbone Brothers lags growth targets despite 64% jump in profits
The first half of 2018 has been a busy one for Rathbones
07/25/2018
EFG International reports half-year 2018 results
EFG continues to deliver on its strategy and to strengthen its competitive market position.
07/25/2018
Brewins reports record quarterly income
Brewin Dolphin announces a quarterly trading update
07/25/2018
Schroders in talks to join UK fintech body
Talks confirmed just days after the asset management sector set up a fintech accelerator
07/24/2018
BNP Paribas AM launches UK private debt fund
Access to lending market for smaller businesses
07/24/2018
Leon Cooperman to close hedge fund Omega Advisors for family office
Money will be returned to investors at the end of the year
07/24/2018
‘Suspicious wealth’ bought £4.2bn of London property
Criminals will have fewer places to hide their dirty money after the UK announced a world-first public register that will force foreign companies owning UK properties to reveal their ultimate owners.
07/24/2018
Charles Stanley FUMA increases 4.6% in Q2
Discretionary service performed well