09/26/2012

Panmure eyes move into wealth management

Panmure Gordon is expanding into wealth management as part of efforts by its new leadership to diversify the business, as the UK broker swung to a profit in the first half of this year.

09/26/2012

Rowan Dartington launches IFA business

UK wealth managers are bolstering their investment advice services in preparation for next year’s retail distribution review, which changes the fee structure for financial advisers.

09/26/2012

New head of Catella’s wealth management announced

The integration of the two sets of operations in Catella Bank will strengthen the range of services offered to clients, with both superior management services and borrowing and lending arranged by the bank.

09/25/2012

Singapore Continues to Attract Millionaires

“The city-state has an open door immigration policy to attract foreign talent, which is an invaluable asset to a competitive economy. That's why Singapore has, amid a war for talent, made concerted efforts in courting and retaining foreign tale

09/25/2012

Sir Andrew Crockett Obituary

Sir Andrew Crockett, who has died aged 69, was the only Briton to have held the post of general manager of the Bank for International Settlements, the Basle-based institution which fosters co-operation between the world’s central banks.

09/25/2012

Sanlam to merge Principal and Merchant Securities

A source familiar with the situation said the merger of Merchant Securities with discretionary fund managers Principal would lead to Sanlam targeting high-end clients with more than £500,000 to invest.

09/25/2012

Swiss private bank set for IPO in fourth quarter

It has over 270 employees worldwide with offices across Europe and in Hong Kong and Singapore and had a net profit of 10.4 million Swiss francs ($11.11 million) in the first half of 2012, up from 4.1 million a year ago.

09/25/2012

Liontrust Asset Management positive inflows increase

The chief executive concluded by suggesting that Liontrust sees the changes as an opportunity as it continues to focus on its clients’ needs over the long term through its defined investment process.

09/25/2012

Natixis Asset Management creates new investment division

Seeyond's offering is marketed by Natixis Global Asset Management's global distribution platform and is intended for all types of investors, both professional and non-professional: institutional investors, companies, multi-managers, private bank

09/24/2012

Pictet group opens branch in Hong Kong

Invest Hong Kong's Associate Director-General of Investment Promotion, Mr Charles Ng, said, "We are extremely pleased with the Hong Kong branch opening of Pictet & Cie, one of the oldest independent Swiss wealth and asset managers.

09/24/2012

China's rich are getting poorer - RESEARCH

There were 251 dollar billionaires in China ranked this year, down 20 on last year, but still hugely up on as little as six years ago when there were only 15 billionaires.