Managers of Wealth Offshore

Antonio Horta-Osorio eyes sale of stake in St James’s Place

According to the Sunday Times newspaper, Lloyds' 60% stake in St James's Place Wealth Management could be placed with investors in the market before the end of the year.

Westpac signals continuing focus on wealth

In doing so, it said that in terms of growth it would be "building on its strength in wealth through increasing focus on superannuation and insurance, investing in developing a next-generation wealth platform and increasing the number of advisers&quo

StanChart private bank to focus on super-rich clients

The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.

HSBC raises money laundering provisions by $800m

However, the bank said underlying profits in the quarter had increased.

ARC Private Client Indices - RESEARCH

The Q3 2012 performance figures for the ARC Private Client Indices have been calculated. The figures show the actual returns achieved, on average, by discretionary private client managers across four different risk profiles.

Dutch bankers to sign integrity oaths, accept bonus caps

Analysts suggest those earning more than €100,000 are set to take the biggest hit from the deal to impose spending cuts and hike taxes in the next few years in order to meet deficit targets.

Tracking global wealth and investment

Research and figures produced exclusively for Knight Frank’s Wealth Report 2012, suggest that economic turbulence failed to curb the rise in the number of ultra-wealthy individuals last year.

US has added 1.1m new millionaires under Obama, says study

WealthInsight study published in closing stages of election dominated by question of wealth creation and taxation

How Lloyds' wealth division is readying for RDR

Lloyds, which roughly a year ago said it wanted to become the go-to UK wealth management provider, has also decided to end its push into the mass market.

Mariner Wealth Advisors Announces Partnership With RiverPoint

The partnership brings Mariner’s AUM to $5.6 billion as RiverPoint brings in $1.3 billion

Income boost powers 44% Coutts profit jump

This included two new appointments to the board of Coutts & Co Ltd Zurich

Fewer than one in four advisers have moved to fee model, says platform provider

Most financial advisers have begun altering the way they receive payments for their services but fewer than one in four have completed the move to charging clients fees for their work, according to a new survey.

Busey Launches Private Wealth Brand

First Busey Corporation is pleased to announce the formation of Trevett Capital Partners

Romania’s richest lose EUR 18.5 bln during crisis

The total value of the wealth of Romania’s 500 richest people included in the Forbes ranking is at some EUR 21.5 billion, down from EUR 40 billion in 2008.

Walker Crips to sell corporate advice arm for £270,000

Walker Crips, which earlier this year disposed of its asset management business to Liontrust, wants to sell the entire issued share capital of KBR, though the proposed deal will be subject to regulatory approval.

Chinese Private Banking Report 2012 - RESEARCH

China is Asia’s most important high-net worth (HNW) market contributing to over 50% of the region’s growth by 2015.

Charities still unsure about ethical investments

Charities increasingly adopting ethical investment policies, but concerns over financial returns remain

Commission friendly offering from platform one

The new service provides a platform for international advisers who want to operate a traditional, commission-based revenue model.

Luxury Marketers Grow Market Share - RESEARCH

New white paper provides best practices, case studies and practical tips

UBS Wealth Management Americas posts record 3Q profit

Posts third straight record profit on strong markets

Wealth and Asset Management