12/18/2013
It was a big year for: the asset managers
After hiring 13 professionals in 2012, Aeschlimann raised his bet by hiring a further four in 2013, including Anu Narula, his new head of global equities, who arrived from Axa Framlington.
Wealth and Asset Management
12/18/2013
Half of Irish bosses ban social media
It revealed that almost half of the Irish workforce was forbidden from using social networks during business hours, while the rest were sometimes reluctantly permitted to do so.
12/17/2013
Wealth Manager Study Says Deals Surged as Prices Dropped
Buyers spent more than $8 billion since Dec. 31 as they absorbed businesses that oversee money for affluent individuals and families.
12/17/2013
Vistra acquires HVK Family Office Services in the Netherlands
Founded in 2011 by a group of former PwC professionals, HVK is an independent consultancy firm in the areas of Tax Advice, Tax Structuring, Family Office Services, Legal & Notarial Services and Financial Advisory Services.
12/17/2013
Raiffeisen details sovereign exposure at end-H1
The European Banking Authority, the European Union's banking watchdog, said on Monday the share of bonds issued by sovereigns under stress held by their domestic banks had "increased markedly" between December 2010 and June 2013.
12/17/2013
New expat account and investment facilities for UAE expats
In the five years since the collapse of Lehman Brothers led to the global economic crisis the number of expat bank accounts have shrunk, most notably in the UK.
12/16/2013
Swiss fund manager to buy EIM Group
Gottex said it remained on the look out for new partners to widen its distribution.
12/16/2013
Bankers Expect 44% Rise in Bonuses
The average bonus for managing directors, the level just below the board, is predicted to increase to £167,000 in 2013, up from £116,000 in 2012.
12/15/2013
Cyber criminals steal millions via wealth managers
“It’s scary. Wealth managers are being used to get millions of dollars. I have seen six of these [thefts] in the four months I have been here"
12/13/2013
UK wealth management group to acquire Duke Street
The Acquisition, which is subject to regulatory approval from the FCA, will create a leading UK wealth manager with a national footprint offering high quality financial advice and investment solutions to individuals and corporates through its network of 1
12/13/2013
Ashcourt Rowan underlying earnings more than double
Ashcourt Rowan, the UK wealth management group, has announced its Group audited results for the six months ended 30 September 2013.
12/12/2013
Barclays Wealth hands digital brief to DigitasLBi
Barclays Wealth and Investment Management is understood to have appointed DigitasLBi to work on it a digital marketing brief.
12/12/2013
Italy's Azimut buys stake in Brazilian investment firm
FuturaInvest has around 71 million euros in advisory and management assets.
12/12/2013
Abu Dhabi Broker To Enter UK In 2014
The firm is also planning to launch an asset management and wealth management business next year.
12/12/2013
City Bonus Cut Leads to Drop in Average Pay in London
Huge falls in City bonuses dragged average London pay down by more than 2 per cent last year.
12/11/2013
AFH buys wealth management firm
This is the Company's nineteenth acquisition since listing on ISDX in June 2011 and the sixth since the Retail Distribution Review was implemented on 1 January 2013.
12/11/2013
Brooks Macdonald Launches Int’l Managed Portfolio Service
Brooks Macdonald International, a subsidiary of the AIM-listed, London-based Brooks Macdonald wealth management group, today is launching a platform-based international managed portfolio service.
12/11/2013
Private client survey reveals market outlook, sentiment and risk appetite of european investors - RESEARCH
The study was conducted as part of the Private Bank's recent Investment Insights series (Sept - Oct 2013), held in 16 cities across Europe, with more than 600 UHNW and HNW investors.
12/11/2013
Vicini Said to Hire Rothschild for Guiseppe Zanotti Sale
Vicini SpA, based in the town of San Mauro Pascoli, has appointed investment bank Rothschild
12/10/2013
European Family Offices Continue to Make Inroads to Economic Recovery
European family offices are experiencing a resurgence in confidence as the global financial system stabilizes, though single and multi-family offices are finding it difficult to look beyond short-term investment horizons, according to the 6th annual Europ