11/04/2012
UBS Targeting Better Returns from Wealth Management
Previous pretax profits from the bank's activities in wealth management, retail and corporate banking businesses are estimated to have been around CHF5 billion per year, the paper said.
11/04/2012
Australian wealth manager sets sights on growth
"We will consider merger and acquisitions that deliver additional value without exposing shareholders to excessive risk."
11/04/2012
According to the Sunday Times newspaper, Lloyds' 60% stake in St James's Place Wealth Management could be placed with investors in the market before the end of the year.
11/04/2012
In doing so, it said that in terms of growth it would be "building on its strength in wealth through increasing focus on superannuation and insurance, investing in developing a next-generation wealth platform and increasing the number of advisers&quo
11/04/2012
The British bank typically defines such clients as those who have $25 million invested with the bank, and who are thought to have assets of at least $100 million; the industry refers to such clients as the ultra-high net worth (UHNW) category.
11/04/2012
However, the bank said underlying profits in the quarter had increased.
11/04/2012
The Q3 2012 performance figures for the ARC Private Client Indices have been calculated. The figures show the actual returns achieved, on average, by discretionary private client managers across four different risk profiles.
11/01/2012
Dutch bankers to sign integrity oaths, accept bonus caps
Analysts suggest those earning more than €100,000 are set to take the biggest hit from the deal to impose spending cuts and hike taxes in the next few years in order to meet deficit targets.
11/01/2012
Tracking global wealth and investment
Research and figures produced exclusively for Knight Frank’s Wealth Report 2012, suggest that economic turbulence failed to curb the rise in the number of ultra-wealthy individuals last year.
11/01/2012
WealthInsight study published in closing stages of election dominated by question of wealth creation and taxation
11/01/2012
Lloyds, which roughly a year ago said it wanted to become the go-to UK wealth management provider, has also decided to end its push into the mass market.
11/01/2012
The partnership brings Mariner’s AUM to $5.6 billion as RiverPoint brings in $1.3 billion
11/01/2012
This included two new appointments to the board of Coutts & Co Ltd Zurich
11/01/2012
Most financial advisers have begun altering the way they receive payments for their services but fewer than one in four have completed the move to charging clients fees for their work, according to a new survey.
10/31/2012
First Busey Corporation is pleased to announce the formation of Trevett Capital Partners
10/31/2012
The total value of the wealth of Romania’s 500 richest people included in the Forbes ranking is at some EUR 21.5 billion, down from EUR 40 billion in 2008.
10/31/2012
Walker Crips, which earlier this year disposed of its asset management business to Liontrust, wants to sell the entire issued share capital of KBR, though the proposed deal will be subject to regulatory approval.
10/31/2012
China is Asia’s most important high-net worth (HNW) market contributing to over 50% of the region’s growth by 2015.
10/31/2012
Charities increasingly adopting ethical investment policies, but concerns over financial returns remain
10/31/2012
The new service provides a platform for international advisers who want to operate a traditional, commission-based revenue model.