Managers of Wealth Offshore

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.

UK’s first Sharia compliant residential property fund announces acquisitions

In Britain alone, Muslims contribute a staggering £31 billion per annum to the economy and there are now 10,000 British Muslim millionaires, according to the Ethical Media Group.

The Dow Jones Credit Suisse Hedge Fund Index Finished Down 0.40% in June

Performance for the Broad Index and its 10 sub-strategies is calculated monthly. June, May and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.

Gold Demand in India to Drop as Buyers Prefer to Hoard Cash

Demand is going to be subdued, given the state of the economy and the sentiment,” Ajay Mitra, managing director, Middle East and India at the council, said in a phone interview from Mumbai. “People are preferring to stay invested in cash becau

Will Saudi Arabia Open Its Exchange?

With 152 companies listed, the Tadawul is one of the biggest exchanges in the Gulf. And in terms of volume, it’s the largest in the region.

Super Fund commits $100 million to China fund

Super Fund chief executive Adrian Orr says the fund has been trying to develop these co-investment relationships for some time.

Jefferies eyes Asia as European revenues slip

The US bank said in a filing on Monday that revenues in Europe for the six months to May 31 were $202.8m, down 15% on the $235m it made during the same time last year.

KPMG Tops the List

KPMG International has moved up to the top spot, leading this year's rankings of The World's Best Outsourcing Advisors by the International Association of Outsourcing Professionals® (IAOP®), a standards-setting and professional advocacy

Hedge Fund Investors Are Running For The Exits

The withdrawals compare with net inflows in each of the previous five months and were the highest level of net outflows since October 2009, when clients pulled out 3.76 percent.

FinTech