01/25/2012

Swiss Private Bank Mulls UAE Pension Plans For Expats

The Swiss bank is considering offering pension schemes for companies operating in the Emirates in a similar fashion to the 401(k) scheme in the US, where both companies and employees invest in a pool of assets overseen by external fund managers.

01/25/2012

Atlanta Capital Group Acquires Advisory Group

Birmingham, Ala.-based Chitwood Advisory has $82 million under management. Those funds have been added to Atlanta Capital Group assets under advisement, which now stands at more than $765 million.

01/25/2012

Charles Stanley third quarter revenues down 15.5 pct

Total client funds at £14.48 billion have demonstrated underlying organic growth over the nine months of the financial year to date despite difficult trading conditions, and remain comparable to March 2011 levels (£14.50 billion).

01/25/2012

LGT Cracks Into Eastern Europe With New Business Deal

The alliance is expected to result in substantial benefits for both partners, with LGT Capital Management gaining access to new markets, and QUANTIS Investment Management enhancing its product offering.

01/24/2012

Axa Wealth restructure puts 50 jobs at risk

“While Axa Wealth has experienced unprecedented growth, it has resulted in us being unable, at times, to devote the specialist support that we feel we need to give to different adviser segments.

01/23/2012

Barclays names head of Wealth in Saudi

He will champion the development of the wealth management activities of Barclays Saudi Arabia ranging from Wealth Management activities and client service capabilities to the development and implementation of the Saudi wealth management strategy.