01/20/2013
Malaysian sovereign wealth fund reports record gains, acquisition
It was said the increase reflected the success of the firm's investment strategy.
Wealth and Asset Management
01/20/2013
L&T Finance in talks to buy Morgan Stanley's wealth business
Deal may be finalised in a month
01/17/2013
Chinese Millionaires Say Wealth Leads To Unhappiness
Chinese millionaires don’t sleep that much
01/17/2013
Old Mutual Wealth chief sets out distribution plans
Chief executive describes them as “strategic partnerships”.
01/17/2013
Raymond James’ Pay Grid Gets Long-Awaited Facelift
Introduced a new product-neutral pay grid as the firm looks to stay competitive with industry standards.
01/16/2013
Christopher Weil & Company Launches IMA Partner Professionals to Expand Expertise and Offerings
“We have always been committed to being more than just a typical wealth management firm.”
01/16/2013
Aberdeen Asset Management raises AuM and new business
Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.
01/16/2013
Citi Falls Short on Earnings; Blames New Regulations
Fourth Quarter Results Included $1.3 Billion of Legal and Related Expenses
01/15/2013
Billions in bankers' bonuses could be delayed until April when top rate of tax is cut
City firms planning to defer bonus payments until after top 50p tax rate drops to 45p
01/15/2013
China sovereign wealth fund may cut US debt holdings
“From a long-term perspective, it is not a good investment target.”
01/15/2013
Bendigo Wealth ahead of targets
Bendigo Wealth Management is ahead of its three-year targets, as the company continues to look for expansion.
01/15/2013
UBS launches China unit, eyes wealth management business
"It is UBS's plan to be one of the leading wealth management providers in China and the subsidiary bank is critical to realize this goal", the statement added.
01/15/2013
Arbuthnot Banking in line with market expectations
Arbuthnot Latham took advantage of the prevailing market conditions by hiring a number of executives in the fourth quarter, who will help the business to focus on growing its wealth management franchise for customers based both here in the UK and internat
01/15/2013
CNB Bank names new VP of wealth and asset management division
CNB Bank, which provides trust and asset management services
01/14/2013
Wealthy buyers brush off UK's new taxes
Many super-prime homes are owned by shell companies set up in tax havens such as the Cayman Islands to avoid transaction levies and to remain anonymous.
01/14/2013
Regions Picks Prudential's Wealth Platform for Its Institutional and Private Clients
"Our goal is to give our wealth advisors in the field all the tools they need to help our clients achieve their goals."
01/14/2013
BNP Paribas Wealth Management reinforces its investment strategy
BNP Paribas Wealth Management is strengthening its investment strategy resources in order to meet the growing demand from its Private Banking clientele for market intelligence.
01/14/2013
US Trust Focuses on the Family
U.S. Trust has introduced Family Wealth Services, a comprehensive approach to meeting the specialized needs of high net worth families and the increasingly complex issues that parents, children and extended family members now face.
01/14/2013
Liontrust retail assets hit £2bn as inflows soar
Net inflows of £64 million in the Interim Period, over four times the equivalent period last year
01/13/2013
Sanlam looks to treble assets through regional expansion
The group is eyeing up the Midlands, Ireland and Scotland...