09/23/2012
Skandia eyes stakes in advisers using Old Mutual war chest
Investment Week understands new CEO Paul Feeney has been given a mandate from the Old Mutual PLC board to invest in restricted firms.
Wealth and Asset Management
09/20/2012
Private banks pull out marketing tricks
When it comes to private bank marketing, tricks of the trade abound.
09/20/2012
Wealthy need to “push back” against government taxation, says leading wealth manager
Super-wealthy are on “tipping point” of leaving London
09/20/2012
Towry streamlines with £47m debt package
The package, arranged by private equity majority owners Palamon Capital Partners, replaces an existing "mezzanine" facility, a form of debt more expensive to service than a standard loan.
09/20/2012
JPMAM unveils plan to offer three share classes post-RDR
JP Morgan Asset Management has outlined its plan to offer three share classes post-Retail Distribution Review and has placed the onus on advisers to pick the right share.
09/20/2012
Wealth Management made easy
Portfolio and Client Relationship Management
09/19/2012
Deutsche Bank eyes double profits after merger
Unveiling AWM's newly formed executive committee this week, the bank aims to reverse its recent poor performance which saw Q2 profits drop significantly.
09/19/2012
Brooks Macdonald will operate a restricted model
Brooks Macdonald will operate a restricted asset management business and independent financial planning business once the retail distribution review is implemented, the firm has announced.
09/19/2012
Weatherbys launches HNW broker
Weatherbys has teamed up with Charles Hamilton to launch high net worth intermediary Weatherbys Hamilton.
09/19/2012
Deutsche Bank acquires BHF BankKleinwort Benson in German wealth foray
The transaction is subject to regulatory approvals.
09/19/2012
Generali to merge French and Italian AM businesses
The firm is carrying out a major restructuring process to create a new European asset management company, Citywire Global can exclusively reveal.
09/19/2012
Bankers' Bonuses 9% Lower Last Year
Despite a fall in bonuses paid in the financial sector, they remain markedly higher than in any other area of the economy.
09/18/2012
Natixis unveils structured products and volatility arm
The division proposes structured management, flexible asset allocation, active volatility management, model-driven equity management or long/short equity strategies, to provide solutions that combine performance generation with risk reduction.
09/18/2012
Handelsbanken's alternative to bonuses falls foul of UK taxman
Most of the Swedish bank's employees benefit from a profit-sharing scheme … apart from those working in the UK
09/18/2012
Incompetent bankers 'should be struck off'
Bankers who fail to come up to scratch should be "struck off" in a similar way to poorly-performing doctors, a consumer group has urged.
09/18/2012
AXA Wealth launch RDR support for advisers
AXA Wealth has launched FocalPoint, a new online RDR support hub featuring a series of modules designed to help advisers at every stage of their RDR journey.
09/17/2012
Private banks work wonders to lure the super-rich
"There is more to wealth than managing one's assets," said David Hughes, Head of Affinity Partnerships at Barclays, which oversees the Little Book of Wonders.
09/17/2012
Norway learns from Singapore in monetary management
The Supervisory Council of Norway’s national bank, Norges Bank, visited Singapore last week to learn more about investment strategies, capital markets, risk management and how Singapore manages its sovereign wealth.
09/17/2012
"Global Wealth Report" - RESEARCH
Today, Allianz unveiled the third edition of its "Global Wealth Report", which puts the asset and debt situation of private households in more than 50 countries under the microscope.
09/16/2012
Refusal to Adapt Is Killing Most Asset Managers
The report, titled Capturing Growth in Adverse Times: Global Asset Management 2012, provides the findings of BCG's tenth annual study of the worldwide asset-management industry.