Managers of Wealth Offshore

Net flows increase at Standard Life Wealth

Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.

Barclays hopes £2bn profit will quell Diamond pay row

It will also face anger over the bill associated with a flood of customer complaints over the mi-selling of payment protection insurance, which is understood to have run to more than £100m.

Invesco may sell $18 billion wealth business: sources

The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.

Firms vary in services for the rich

The market for wealth management in South Florida is vast, as is the number and scope of institutions that serve the high net worth segment.

Financial Reform Will Lead to Emphasis on Credentials: IMCA CEO

IMCA, the Investment Management Consultants Association, provides credentials and education to the wealth management industry and is growing. Last year, IMCA’s Certified Investment Management Analyst certification became the first financial services

Emirates NBD Private Banking organises private aviation meeting for HNWIs

As part of this initiative, Emirates NBD Private Banking also offers a range of customised financing solutions for investors interested to buy new aircraft or re-financing options for recently purchased ones.

Asian millionaires on the rise

Wealth managers also expected those with $30m of investable assets to account for 24 per cent of their $3tn under management, up from 19 per cent in 2011.

Barclays Wealth continues APAC expansion

Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank

World’s ‘Most Expensive’ Art Fair Heads to Hong Kong From Paris

The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.

Has David Cameron's family got money tied up in offshore tax haven?

David Cameron's family could have money tied up in offshore tax havens after it was revealed his father made a fortune through a network of offshore investment funds.

Scots list health over wealth in life priorities

The research carried out by Oxfam Scotland revealed that domestic security topped the list for priorities in life.

Asian wealth managers bullish on global economic outlook: survey

Asia's leading wealth managers, who have combined assets under management (AUM) of more than US$3 trillion, are bullish on global economic outlook in 2012, according to the results of a survey released Monday.

ME bank sets up private banking division

The agreement was signed by Mr. Varouj Nerguizian, Executive Board Member and General Manager

City funds prepare assault on excessive executive pay

Pay packages for executives in Britain’s biggest companies have escalated out of all proportion to their financial performance or value to society, some of the City’s most powerful investors warn today.

Northern Trust gains hedge fund traction

It said that in the past seven months, Northern Trust Hedge Fund Services (NTHFS) had secured 22 client wins on four continents.

FTSE license charges leave wealth managers seething

A spokesperson for FTSE denied any changes in its commercial policy, particularly for Apcims members. She added: ‘Our current licensing requirements remain. There may have been some members who were not aware of this.’

Barclays chief to defer part of bonus‎

Chief executive attempts to head off shareholder rebellion over £17m pay package at next week's annual meeting

Brewin Dolphin expands in Cheltenham

Alex Barrell, head of the Cheltenham office said: “We are very excited about our move. We needed to find larger premises but didn’t want to leave Cheltenham so St James’ is perfect.

Berry offers clients Swiss National Bank deposit facility

Berry founder and chairman Jamie Berry said the facility would be offered to clients through strengthened ties with parent Swiss private bank Bordier.

Clariden Leu / LGT team planning two new insurance-linked strategy funds

Michael Stahel and his portfolio management team, who currently manage insurance-linked securities funds for Swiss based investment manager and private bank Clariden Leu but are soon to move to their new home at LGT Capital Management, are planning to lau

Wealth and Asset Management