05/30/2012
Kleinwort parent pressured to spin off assets
The parent company of Kleinwort Benson, one of the oldest names in British banking, is facing pressure from activist shareholders to break itself up and spin off all its assets.
Wealth and Asset Management
05/30/2012
Rothschild buys into Rockefeller wealth business
The coming together of two of the best known business dynasties in the Europe and the United States will give the London-listed Rothschild trust a much sought-after U.S. foothold.
05/30/2012
Brewin Dolphin appoints group finance director
Investment manager and financial planner Brewin Dolphin has hired Andrew Westenberger as group finance director, replacing Robin Bayford who is retiring. Until August last year,
05/30/2012
Investec raids Guinness for Lacey and Waghorn replacement
Investec has appointed Guinness Asset Management's Tom Nelson and Newton's Charles Whall to run its Global Energy fund, replacing exiting co-managers Mark Lacey and Jonathan Waghorn.
05/30/2012
European football boosts the economy, but what about the eurozone?
The European football championships next month will generate an extra €200m in exports for Dutch industry, ING economists calculate.
05/29/2012
World's Wealthiest Women - research
The richest women may span the globe, but two of them come from the same family
05/29/2012
Spain's asset management set to change dramatically
The report, coordinated by Óscar García, senior manager capital markets for Spain at Accenture, is based on the results of a survey conducted in the first quarter of 2012 on 33 Spanish asset management companies, collectively representing 65
05/29/2012
'Moneyontoast' tries to tempt financial advice 'orphans' with £35 bite-size service
The regulator wants financial advisers to charge customers a fee rather than accept backdoor commissions, which can skew the recommendations they give.
05/29/2012
Assets Rise at Brewin Dolphin
Wealth manager Brewin Dolphin saw total funds under management tick back above 25 billion pounds driven by a lift in discretionary funds.
05/29/2012
Millionaire ministers: Combined wealth of Cabinet is more than £70m
The new Cabinet “rich list” shows more than two thirds of the Cabinet – 18 out of 29 ministers – are millionaires.
05/28/2012
BNP Paribas named best private bank in Hong Kong
The accolade recognises the French bank’s capabilities in serving clients’ needs, as well as its established offering for Ultra High Net Worth customers.
05/28/2012
Personal touch for HSBC's rich clients
A customer willing to invest US$1 million (Dh3.6m) will be able to call on the discretionary portfolio manager as HSBC tries to increase its quality of service and improve its retail brand image in the Gulf.
05/28/2012
Curmi & Partners, Morgan Stanley explore wealth management opportunities in Malta
Curmi & Partners is one of the longest established wealth managers in Malta. Established in 1978, today it provides investment solutions to its array of institutional and private clients focusing on equity, fixed income and fund solutions.
05/28/2012
Sanlam acquires client bank of Middlesex IFA
The acquisition brings £52m of funds under influence to Sanlam Private Wealth, which now has over £550m of funds under influence.
05/28/2012
Young professionals attracted by the bright lights of south west London
London’s young professionals need to pay 40% premium to live in most desirable locations
05/28/2012
Multi-manager firm boosts investment team with senior manager hire
He has previously worked at Goldman Sachs and most recently Société Générale, spending 11 years in derivatives and equity research for investment banks.
05/25/2012
Economic Crisis Brings Insecurity to Wealthy Greeks
An extensive report by The New York Times focuses on the Greek tycoons and their stance towards the economic crisis plaguing Greece and the political uncertainty giving them a headache lately.
05/25/2012
UK remains top choice for wealthy expats
The number of high net worth investors being issued investor visas to stay in the UK rocked over seven-fold
05/25/2012
New Walker Crips CIO plans model portfolio launch
The ex-BNP Paribas wealth management head said the new service would be unveiled later this year in a bid to shine a light on the ‘hidden gem’ of Walker Crips’ investment business.
05/25/2012
Brewin Dolphin to close Dumfries office
A source said the move was part of a wider strategy aimed at concentrating Brewin’s efforts on city centres