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.
Wealth and Asset Management
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.
09/16/2012
World UHNW Population Loses US$480 Billion
Wealth-X has launched the latest edition of its World Ultra Wealth Report.
09/16/2012
Custodians raid toolbox to build for the wealthy
Wealth management companies and private banks have cottoned on to something their cousins in institutional fund management have known for a long time: the value of a partnership with a large and steady custodian bank.
09/16/2012
Art Market Booms from Foreign Investment In UK
London thrives as foreign art investors seek safe haven from political and financial instability
09/16/2012
Wealth Partnership becomes chartered ahead of schedule
The firm beat its target of becoming chartered by December 2012.
09/16/2012
Coutts invests to give clients institutional offering
Not content with advising the Queen, Coutts, the private bank, has other big ambitions: it wants to deliver the kind of investment service to its wealthy clients that sophisticated institutional investors are used to elsewhere. Its owner, Royal Bank of Sc
09/16/2012
Quilter relocates in Edinburgh to make room for hires
Quilter first opened a dedicated office in Edinburgh in January 2011, soon after appointing Alan Aitchison as its head and Mark Hallam as investment manager.
09/13/2012
Investec warns of flat profits as UK arm slows
Williams de Broe moved on to Investec’s IT platform at the end of last month and the business has been rebranded as Investec Wealth & Investment with 15 offices around the UK.
09/13/2012
Investec Global Special Situations Fund removed from Wealth 150
They focus on facts, not forecasts, looking for strong balance sheets, low debt and simple business models.
09/13/2012
UBS looks to put cap on banker bonuses
UBS is looking at capping bankers’ bonuses as the Swiss bank joins its European peers in cracking down on remuneration schemes following regulatory and investor pressure.
09/13/2012
Barclays pay will be based on good behaviour
“Every business unit, and every individual, will have a balanced scorecard derived from the group’s, and against which they are measured. Compensation will be based on the balanced scorecard,” he explained.
09/13/2012
AXA Wealth removes commission charges on top ups
AXA Wealth has removed its commission-related charges it retains on top-ups to reflect the fact commission will not be paid after the retail distribution review (RDR).
09/13/2012
UK multi-millionaires mapped: where do the wealthy live?
WealthInsight, specialists in data on high net worth individuals, have released the latest figures on UK multimillionaires - defined as having net assets of more than US$30m - broken down by where they live.
09/12/2012
Deutsche Bank renews push for ultra rich clients
"A strong investment bank franchise in Asia, Eastern Europe and the Middle East gives the bank access to entrepreneurs and other wealthy individuals."
09/12/2012
deVere names Goldman Sachs as a preferred fund advisor
The deVere Group, the world's largest independent financial advisory, is proud to announce that it has selected Goldman Sachs Asset Management as one of its preferred Fund Advisers to provide exclusive investment management solutions to its clients
09/12/2012
Capco whitepaper explores the wealth transfer time bomb
The paper outlines the digital demands next generation customers will present as they inherit the current population’s wealth in just a few years.
09/12/2012
Germany’s oldest privately owned bank to expand in US
Germany’s oldest privately owned bank is seeking to add sales staff to its two-strong New York office, as the head of its UK operations suggested that US investors could return to European equities “very quickly” in the right conditions.