07/24/2012
Europe and UK also reported below average confidence in their local economies compared to advisers in Asia who are significantly more confident in their local economies than the global economy.
07/24/2012
Merrill Lynch Wealth Management announced the launch of its annual Global Investing Programme, welcoming 50 next generation ultra high net worth individuals from Europe, the Middle East and Africa to London.
07/24/2012
Richard Clark and Simon Patterson, Private Bankers at Barclays Wealth and Investment Management, Newcastle, investigate the allure of investing in treasure. They pose the question: profit or pleasure?
07/24/2012
Asset manager Gam has created an investment advisory board for its managed portfolio business to be chaired by the managed portfolios global head of investments Graham Wainer.
07/23/2012
Simon Chamberlain, Succession chief executive (pictured), said advisory firms planning to grow needed to look beyond a traditional network.
07/23/2012
The changes announced by EFG Group today should, once and for all, remove any misconceptions relating to EFG International and its exposure to risks arising from the Greek Sovereign Debt crisis.
07/23/2012
The comment, made by Paul Mumford, senior investment manager at Cavendish Asset Management and owner of Lighthouse Group shares as part of his AIM Fund, was made following a Lighthouse statement to shareholders sent out this morning.
07/23/2012
“Against a turbulent market and economic background, Man’s funds under management have declined in the period principally as a result of continued net outflows and the deleveraging of our guaranteed products
07/23/2012
When one sees stories about banks in Hungary, they tend to be tales of woe, both for the banks and the people they (used to) lend to. Not so much for private banking, a line of services that caters to the very top tier of the consumer market, i.e. rich pe
07/22/2012
The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.
07/22/2012
Credit Suisse, which last week announced it was increasing its capital base by 15.3 billion Swiss francs, would "seek to optimize its current investment bank model," Rohner told the newspaper.
07/22/2012
Since 2008, the financial sector has undergone significant upheaval. It has witnessed the demise of major market participants and experienced intense regulatory scrutiny and change.
07/22/2012
Advisers who are concerned that it is impossible to compare discretionary fund managers’ model portfolios could be about to get a solution, as a wealth manager gears up to launch a performance comparison service.
07/22/2012
Aberdeen Asset Management, the UK fund manager, reported a slowdown in new client inflows in its third quarter as global economic uncertainties dampened demand for its fund products.
07/22/2012
Mirabaud Asset Management has recruited three investment analysts in London to support Daniel Tubbs to manage a long-only UCITS investment fund, which will focus on emerging market equities.
07/19/2012
IRESS, which principally builds and supplies wealth management systems in Australia, first entered the UK market in November last year. It secured a deal with Sesame Bankhall shortly afterwards.
07/19/2012
Today, as the firm undergoes a generational shift to younger bankers, he’s being groomed to run Rothschild and succeed his 69-year-old father, David, within five years, according to three people with direct knowledge of the plan.
07/19/2012
Walker Crips saw its group revenue fall by 31% during the second quarter after completing the sale of its asset management arm to Liontrust.
07/19/2012
In the half year ending 31 May 2012, WH Ireland made a profit before tax of £0.2 million and an adjusted profit before tax of £0.5 million on turnover that increased by 10.4% to £12.6 million.
07/18/2012
The Swiss bank announced Sfr15.3bn ($15.65bn) of capital raising measures, including Sfr3.8bn of mandatory and contingent convertible securities, as it pushed out second-quarter results one week earlier than expected.