Managers of Wealth Offshore

RBC Outlines Strategy for Expanding Wealth Unit

RBC has also made a number of leadership changes recently to reflect those priorities.

UBS CEO: No plans to spin off investment bank

UBS could be better positioned in Latin America, but it is doing very well in Asia.

Custodians raid toolbox to build for the wealthy

Wealth management companies and private banks have cottoned on to something their cousins in institutional fund management have known for a long time: the value of a partnership with a large and steady custodian bank.

Wealth Partnership becomes chartered ahead of schedule

The firm beat its target of becoming chartered by December 2012.

Coutts invests to give clients institutional offering

Not content with advising the Queen, Coutts, the private bank, has other big ambitions: it wants to deliver the kind of investment service to its wealthy clients that sophisticated institutional investors are used to elsewhere. Its owner, Royal Bank of Sc

Quilter relocates in Edinburgh to make room for hires

Quilter first opened a dedicated office in Edinburgh in January 2011, soon after appointing Alan Aitchison as its head and Mark Hallam as investment manager.

Investec Global Special Situations Fund removed from Wealth 150

They focus on facts, not forecasts, looking for strong balance sheets, low debt and simple business models.

Sal Oppenheim embraces UN principles of responsible investment

At present, nine asset owners, 14 asset managers and nine professional service partners in Germany have signed up the UN PRI.

Manulife launches private wealth arm

Manulife Private Wealth's goals-based investment management approach uses a team model to leverage Manulife Asset Management's extensive experience in domestic and international institutional investment management with expertise across asset cla

UBS looks to put cap on banker bonuses

UBS is looking at capping bankers’ bonuses as the Swiss bank joins its European peers in cracking down on remuneration schemes following regulatory and investor pressure.

Barclays pay will be based on good behaviour

“Every business unit, and every individual, will have a balanced scorecard derived from the group’s, and against which they are measured. Compensation will be based on the balanced scorecard,” he explained.

AXA Wealth removes commission charges on top ups

AXA Wealth has removed its commission-related charges it retains on top-ups to reflect the fact commission will not be paid after the retail distribution review (RDR).

Asset Management Growth Stalls as Risks to Profitability Emerge - RESEARCH

The report, titled Capturing Growth in Adverse Times: Global Asset Management 2012, provides the findings of BCG's tenth annual study of the worldwide asset-management industry.

UK multi-millionaires mapped: where do the wealthy live?

WealthInsight, specialists in data on high net worth individuals, have released the latest figures on UK multimillionaires - defined as having net assets of more than US$30m - broken down by where they live.

Approaches to wealth management vary by fortune

Millionaires are most likely to seek the services of a full-service broker, but those at the very top of the wealth pyramid are looking for different types of advice, according to the latest Millionaire Corner study, $25 Million Plus Investor 2012.

Asian wealth managers optimistic about growth prospects

According to the Capgemini and RBC Wealth Management World Wealth Report 2012, the number of Asia-Pacific HNWIs hit 3.37 million in 2011, compared to 3.35 million in North America, and 3.17 million in Europe.

Deutsche Bank renews push for ultra rich clients

"A strong investment bank franchise in Asia, Eastern Europe and the Middle East gives the bank access to entrepreneurs and other wealthy individuals."

Capco whitepaper explores the wealth transfer time bomb

The paper outlines the digital demands next generation customers will present as they inherit the current population’s wealth in just a few years.

Germany’s oldest privately owned bank to expand in US

Germany’s oldest privately owned bank is seeking to add sales staff to its two-strong New York office, as the head of its UK operations suggested that US investors could return to European equities “very quickly” in the right conditions.

Brooks Macdonald readies for RDR with £4.4m acquisition

Pre-tax profit was £8.5m on revenue of £53.3m compared to £7.3m off £52.2m a year earlier.

Wealth and Asset Management