08/06/2013
Generali Portfolio Management manages around £200 million in discretionary private client portfolios (excluding certain assets managed on behalf of Generali) and generates annual revenue of around £1.9 million.
08/06/2013
Funds under management up 9%
08/06/2013
The population of Indian ultra-HNHs is estimated to have grown to around 100,900 in 2012-13, and is expected to triple to around 329,000 over the next five years
08/06/2013
Today, there are even more notable differences between these groups of ultra-high-net-worth and high-net-worth individuals than during Fitzgerald's time.
08/06/2013
"We're working very hard on the cost side of our Canadian wealth management business, and we've worked very hard on the new products and services where we see the industry going."
08/06/2013
Bank of the West’s push into the high-net-worth wealth management market appears to be paying off.
08/06/2013
CBA reports growth in custody market
08/05/2013
The profit surged in the second quarter after the sale of its unprofitable Greek unit.
08/05/2013
The group benefited from its portfolio of diverse businesses and strong performances in the wholesale and wealth businesses resulted in overall headline earnings growth of 13,3%.
08/05/2013
Standard Chartered, which makes more than 90% of its profits in Asia, Africa, and the Middle East, said Korea remains its most difficult market and that it was writing down the value of the business.
08/05/2013
The discretionary managers are due to meet with the Association of Private Client Investment Managers and Stockbrokers (Apcims) later this month to discuss the plans.
08/05/2013
“We foresee ongoing elevated reputational and legal risk at BKB from pending legal actions by the U.S. Department of Justice against Swiss banks,” S&P said after meeting with the management of the company.
08/04/2013
The head of the UK's Consular Corps told the Mail on Sunday the decision has created "havoc".
08/04/2013
City payouts went up by £1.8billion in a year as fatcats delayed their bonuses to take advantage of Chancellor George Osborne’s cut in the top rate of tax.
08/04/2013
Banking giant HSBC Holdings reported pretax profit of $14.1bn in the first half to end-June, an increase of 10% compared with the same period in 2012.
08/04/2013
The industry debate rages….. whether smaller bespoke discretionary portfolios are sustainable on grounds of cost, with a number of DFMs reviewing the suitability of clients with smaller pots.
08/04/2013
HSBC has vowed to sidestep European proposals to cap bankers bonuses to prevent an exodus of talent in its Asian and American markets, potentially by raising salaries.
08/04/2013
Nigel Cuming, CIO of Canaccord Genuity Wealth Management, is considering allocating to European equities and property as equity markets continue to rally.
08/04/2013
Legitimate rival to Switzerland; M&A robust in spite of banking downgrade
08/04/2013
The existing independent directors are also set to remain on the executive board for the foreseeable future. At the end of June Johim had around £3.9 billion in assets under management.