04/16/2013
Am Law 100 Foursome Advise on $1.3 Billion Wealth Management Sale
Announcement comes about two weeks
Wealth and Asset Management
04/16/2013
Wermuth Asset Management significantly outperforms Russian market
Wermuth Quant Eastern Europe Strategy Fund has been one of the best-performing funds with returns of 20.3%, the company said in a statement.
04/16/2013
FCA flags up Barclays as the most complained about bank
The bank was keen to deflect its poor complaints record.
04/16/2013
GAM Holdings' assets rise in spite of outflows
From 31 December 2012, Group assets under management have risen by CHF 2.8 billion or 2%. At CHF 119.0 billion, assets are currently CHF 8.4 billion higher than on 31 March 2012.
04/16/2013
Hargreaves Lansdown expects no RDR 2 surprise after record Q1
Hargreaves Lansdown does not expect any surprises from the second instalment of the retail distribution review (RDR) after a record breaking performance for the firm in the first quarter.
04/16/2013
Q2 WM Outlook: wealth managers defy gains with record US exposure
Wealth Manager conducted the survey during the week leading up to Easter as the Dow continued to set new record daily highs and the S&P 500 broke through its nominal pre-crash high.
04/15/2013
Wealth management services provider to sell itself for about $1.01B
The New York firm is led by Jessica Bibliowicz, the daughter of former Citigroup CEO Sandy Weill.
04/15/2013
Ex-Freshfields chief to join Rothschild as German boss
He will replace Rupert Hengster, who headed the group’s German base since the launch of the asset management arm in the country in 2010.
04/15/2013
Face Time With Clients Priority for Wealth Management Firms
Wealth management firms want advisors to spend more time with clients
04/15/2013
Chinatrust introduces new wealth management service
Our customers' needs as a family are the main focus of our wealth management services
04/15/2013
Webster Bank Ups Revenue from Wealth Business
Webster Bank’s push to expand its wealth management business is making a difference in the bank’s financial performance
04/15/2013
Bank bonus cap rules get EU nod
“This aims to put an end to the excessive risk culture which led to taxpayer bail-outs and bank collapses.”
04/14/2013
Rich, sick and idle – misconceptions of the wealthy
Ledbury surveyed 500 UK-based high net worth individuals with at least £500,000 (€588,000) in liquid assets.
04/14/2013
WH Ireland strikes partnership with Darwin Strategic
‘We are pleased to have partnered with Darwin as their EFF has proven to be an efficient and successful capital raising product.’
04/14/2013
Swiss bank's wealth management division seeks to expand
Total invested assets amounted to 1.6 trillion Swiss francs worldwide last year.
04/14/2013
Crescent Wealth appoints leading international experts to Global Advisory Board
The appointment of the experts comes as the company moves to consolidate its position in Australia's emerging market for Islamic-compliant financial products.
04/14/2013
Goldman Sachs chief Lloyd Blankfein paid $21m last year
Goldman Sachs chief Lloyd Blankfein saw his pay almost double to $21m (£13.67m) last year, making him the world's best paid banker
04/14/2013
Swiss president sees no need to change banking secrecy
Now is a "dangerous time for Switzerland (but) unlike Luxembourg, Switzerland is not part of the EU
04/14/2013
50% of WM firms rated “very good” by their clients
2012 saw a 3.4% increase in UK wealth management client satisfaction as measured by the MDRC index.
04/14/2013
Clash of the listed wealth titans: fund managers’ top picks for 2013
Listed wealth management companies offer investors the opportunity to benefit from rising markets