Managers of Wealth Offshore

Milltrust adds first hedge funds to emerging markets platform

Milltrust International Group has added the first three funds to its emerging markets platform. Further additions are planned for later in the year and early 2013.

AXA first-half earnings fall, beat forecasts

"The solidity of our first half results can be explained by the fact that our strategy for several years now has focused on market lines that are less market-sensitive: P&C, health and protection," Chief Financial Officer Gerald Harlin said

Israeli and china ink economic ties

Accountant General Ms. Michal Abadi-Boiangiu said that "the financial protocols with China enable the financing of export deals that would not have been carried out had it not been for the agreements.

Leading Swiss private bank launches new fund

The fund invests in securities of companies located throughout the world that are engaged in mining or processing gold, a statement from the bank said.

South African Islamic finance firm launches in UK

The current size of the Islamic investment market in the UK is under £1 billion and has the potential to be between £120 and £160 billion, he added

Fear over greed drives second-quarter European fund flows, latest Morningstar data reveals

Fund flows to European funds continue to reflect the ongoing eurozone crisis and its attendant market turbulence.

Major Japan bank to boost overseas lending as Europe retreats

The banking group expects 30 percent of operating profit to come from abroad within three years and may consider acquiring a financial institution, he said.

Kay review calls for overhaul of fund manager pay

The John Kay review of equity markets, published this week, calls for regulatory authorities to ensure fiduciary standards apply to all relationships in the investment chain, including asset managers, brokers, platforms, IFAs and the end investor.

Man United plans IPO launch within days - sources

The British football club, which is controlled by the Glazer family, may start the road show as soon as Friday or early next week, according to the sources.

Dubai Gold and Commodities Exchange reaches out to UAE gold traders

Samir Shah, Chief Business Officer of DGCX said: "Gold prices have had a phenomenal run over the last two years, but the distinguishing feature of the gold market in this period has been the extreme price volatility of the precious metal, which has c

New York Life, Macquarie Are Said to Vie for Dexia Unit

“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to

The Fine Art Alternative

Clearly, only an ultra-high-net-worth client can make that kind of investment. For financial advisors to the super-wealthy, fine art is an asset they cannot ignore.

Bajaj Finserv plans to enter wealth management business soon

According to a recent report by Crisil's research division commissioned by Kotak's wealth management arm, the wealth of ultra high net worth households is slated to grow nearly five-fold in as many years to Rs 318 trillion.

Wealthy Stash $21 Trillion in ‘Pirate Banking’ System

That hidden wealth is costing governments $280 billion a year in lost tax revenue, the report says.

Julius Baer clinches China deal to tap wealthy clients

The Swiss private bank on Monday confirmed targets including annual net new money growth of up to 6 percent - which it exceeded in the first half of the year - after winning funds from rivals such as Sarasin and Credit Suisse's Clariden Leu, which ar

New Asia hedge funds raise US$2bil in first half

New Asian hedge funds collected US$4.43bil in 2011, powered by major launches such as ex-Goldman Sachs Group Inc trader Morgan Sze's Azentus and former Asia head of Highbridge Capital Carl Huttenlocher's Myriad.

More Financial Advisors Are Using Alternative Investments - Research

The survey results will be highlighted at FA and PW's upcoming 3rd Annual Alternative Strategies Conference July 30-31 in Denver.

4 reasons the hedge fund industry is dead

There are four structural reasons why the industry as we know it is dead.

Groundwork for Gold-Backed Reserve Currency is Being Laid

Mr. Roubini, who is also known as Dr. Doom for his pessimistic perspective, strongly opposes any notion of a new gold-backed currency.

Midas Balanced Growth Fund removal from the Wealth 150

Founded in 2002, Midas was one of the front-runners in multi-asset fund management: combining a range of different asset classes including government bonds, equities, fixed interest, property and alternative investments, in a single fund.

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