11/27/2014
The asset manager has proposed to fix the “operating, administration and servicing expenses” on its funds, which are not included in the annual management charge (AMC) but are included in the ongoing charges figure (OCF).
11/26/2014
Traditional alts hubs squeezing out smaller players, survey finds
Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study
11/26/2014
Expansion of family-office industry leads to blurring of distinctions
Here’s a question: what is a family office anyway?
11/26/2014
Corporate and fund services provider reports significant growth in its Luxembourg operations
The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.
11/26/2014
The trend towards gold repatriation began with Hugo Chavez bringing Venezuelan gold back to Caracas in 2011
11/26/2014
FTAdviser showed that advisers agreed £50,000 was a realistic threshold for new clients.
11/26/2014
Signia Wealth's hedge fund assets breach £500m
They boosted the hedge fund team with the hire of Michael Rosenthal, global co-head of hedge fund Investment at Amundi Alternative Asset Management, back in March.
11/26/2014
Europe’s asset management industry is already in the process of moving to centre-stage not just within the financial services industry but in the broader economy, delegates have been told at PwC’s 15th annual European Asset Management Conferen
11/26/2014
Schroders is opening its giant global multi-asset fund to UK investors to offer people a retirement solution in the radical overhaul of the pensions market.
11/25/2014
SPEAR'S Awards to Select Bankers for Millionaires
The names of the winners will be officially made public on 4 December at the Mossovet Theatre in Moscow.
11/25/2014
Coutts UK to be ringfenced from overseas sale
Royal Bank of Scotland will categorically rule out a potential bid for the whole of Coutts, its wealth management arm for affluent individuals, from Italian domestic lender Intesa Sanpaolo.
11/25/2014
Barclays planning 20% headcount increase in MENA
The message coming out of the bank’s wealth and investment management division in the Middle East and North Africa (MENA) region is very different. Barclays is hiring, and it largely wants to attract senior people.
11/25/2014
UK Private bank account opens doors for ‘global’ citizens
South Africans who are not UK residents often require a formal introduction to a UK bank
11/25/2014
In the years since, finding and managing these deals has become a core function of many family offices.
11/24/2014
Mr Messina said asset managers, insurers and private banks, were all in his sights, with expansion in the UK being a top priority.
11/24/2014
Deutsche Bank announced plans to combine its wealth and asset management arms in September 2012, after the sale of the latter fell through. Michele Faissola was tasked with leading the restructuring.
11/24/2014
The growth in fund platforms has profoundly changed the retail distribution landscape for asset managers.
11/24/2014
Larger global banks are cutting back on international private banking operations
Big is no longer always beautiful in private banking.
11/24/2014
Two new recruits have also joined the company as part of the expansion plans.
11/24/2014
Barclays will relocate almost 100 members of staff from its wealth and investment management division to One Snowhill today (24 November 2014).