Managers of Wealth Offshore

Post-RDR business upswing triggers Beacon Wealth hires

Cambridgeshire-based Beacon Wealth Management has put its recruitment plans into place earlier than expected

UK wealth managers enduring post-RDR slump in confidence

A study from Pershing examines the extent to which UK wealth managers are being forced to re-examine their value proposition in light of the implementation of the RDR.

China to increase scrutiny on wealth management products

China will heighten oversight on wealth management products in 2013 by taking a closer look at money flows off banks' balance sheets to reduce financial risks at a time when growth is slowing in the world's No. 2 economy.

EFG International completes sale of remaining stake in EFG Financial Products

The transaction, which was announced on 12 March 2013, was closed on 23 April 2013.

Credit Suisse Profit Soars in First Quarter

High returns, strong client franchises, reduced cost base and lower risk- weighted assets:

Barclays first quarter profits fall 25%

Barclays expects to make a further £500m charge later this year.

CWB to invest in wealth management firm

With assets under management approaching $1 billion, the investment strategies and services of McLean & Partners are an excellent

7IM profits up 12% despite £123k FSCS hit

Despite the cost of the additional levy, the strong asset numbers combined with continued tight cost control.

UBP picks Guggenheim Fund Solutions to power hedge fund platform

Our agreement with Toshiba marks a tremendous milestone in our long history of working closely together

Ameriprise profit up on wealth-management strength

Ameriprise has generally reported higher operating earnings over the past three years

HSBC to scrap over 1,100 wealth management jobs

HSBC will cut 3,166 wealth management jobs based in the UK

Fund and wealth managers unite to criticise the EU

enior players in a raft of City firms have signed up to Business for Britain

Private banks back to puff Asian order books

"There is a lot of money on the sidelines to be put to work," said a private banker.

Private banks must revamp to regain clients

Fund-of-hedge-fund executives say they are seeing growing discontent towards private banks by high-networth investors.

Brooks Macdonald discretionary FUM up 7.6%

Brooks Macdonald Group has announced an update on its funds under management for the quarter ended 31 March 2013.

Assets up 18 pc at SYZ & CO

2012 saw quieter conditions, thanks to the relative easing of fears that the Eurozone might break up and the European financial system might collapse.

SSgA's assets rise 4.3% in quarter, 9.9% in year

The asset management firm said net income in the first quarter totaled $443 million

Pope Francis redirects employee bonuses to charity

Francis told journalists a few days after his election that he wanted a “poor church, for the poor,” and he has brought a simpler and more sober style to the papacy.

In Asia, the Wealth Management Field Favors Women

Tan’s heroics are hardly typical, but women are excelling as private bankers managing money for the wealthy in Asia.

London-based wealth manager plans Hong Kong wealth management debut

The firm has been studying the region for several years to see if it can bring something to the table.

Wealth and Asset Management