11/23/2015
Average Swiss household wealth continues to rise
Increases in the value of financial assets added CHF 11,400 bringing the total rise in asset value to CHF 21,500 per resident.
Wealth and Asset Management
11/23/2015
City Financial plots mergers after Investec deal
The Cautious and Balanced funds would merge into the City Financial Multi Asset Balanced vehicle, while the Global Thematic fund would merge into the City Financial Multi Asset Dynamic fund.
11/23/2015
UK asset managers signal support for HSBC to move HQ
Aberdeen Asset Management, one of the largest listed fund groups in Europe and a top 10 shareholder in HSBC, said it would continue to back the bank if it uprooted and moved to Hong Kong.
11/20/2015
Van Lanschot will no longer guarantee the liabilities of F. van Lanschot Bankiers
Van Lanschot has notified the trade register of the chamber of commerce of the withdrawal.
11/20/2015
Wiener Privatbank plans to take over Valartis Bank (Austria) AG's banking operations
The banking operations, their holding in the fund administration company, and the real estate at Rathausstrasse 20, Vienna are to be acquired within the framework of an asset deal.
11/20/2015
Timeline: How ABN Amro got bought, bailed out and sold again
Highlights of the bank’s tumultuous history
11/20/2015
Bonham-Carter denies Jupiter Asset Management sale rumours
Instead the firm is looking to expand into the European market and focus its sales efforts in the region, says Bonham-Carter.
11/20/2015
ABN Amro IPO raises £2.3bn as Dutch government cuts stake
The first tranche of the share sale has gone better than expected for the state-owned lender
11/20/2015
Wealth manager profile: Smith & Williamson’s Chris Kenny
The problem is they can’t wait for me to retire to inherit a book of clients.
11/20/2015
Now’s the time to strike on US HY, says Schroders outperformer
Nevertheless, Isaac believes pockets of European fixed income are displaying good value
11/20/2015
OPINION: Why wealth managers must act now to save their future
Break a mirror, and you’ll get seven years of bad luck. Break the banking system, and it’ll take that long just for regulators to work out who’s to blame.
11/19/2015
GAM launches new brand identity
GAM adopts a new brand design, expressing the common purpose of all of its teams around the world: advancing the potential of capital.
11/19/2015
Largest bank in Denmark establishes new Wealth Management unit
The decision to establish the new unit is a result of our ongoing business review.
11/19/2015
Generali sets new business closure date for non-core markets
Generali said it would concentrate on the Bahamas, the British Virgin Islands, the Cayman Islands, Guernsey, Jersey, Hong Kong, Singapore and the UAE (in partnership with Generali Group).
11/19/2015
Survival of the richest: how London's super-rich are trying to buy immortality
When you have everything you ever dreamed of, what’s left to want? Time to enjoy it, of course.
11/19/2015
What James Bond teaches us about Risk by Tom Catchpole, Vestra Wealth
Fast wind to 2015, and although the threat has changed, the spectre of…..well, Spectre remains.
11/18/2015
Credit Suisse's Thiam to face feisty retail investors
There are no signs that shareholders will reject the cash call.
11/18/2015
Nordic banks are relying more on wealth management to stay profitable
The industry’s response has so far focused largely on cost cuts.
11/18/2015
Top 100 Financial Advisers revealed
At first glance, little has changed at the top of the list, with St James’s Place and Hargreaves Lansdown occupying first and second positions respectively.
11/18/2015
Wealth-X and Camper & Nicholsons Form Knowledge Partnership for Global Insight on Wealth and Superyachts
Wealth-X and Camper & Nicholsons today announced a knowledge partnership that will result in a first-of-its-kind report on the world’s ultra wealthy and the luxury yachting sector.