Managers of Wealth Offshore

Aberdeen Asset Management client inflows slow

Aberdeen Asset Management, the UK fund manager, reported a slowdown in new client inflows in its third quarter as global economic uncertainties dampened demand for its fund products.

Mirabaud launches fund for former BlackRock star

Mirabaud Asset Management has recruited three investment analysts in London to support Daniel Tubbs to manage a long-only UCITS investment fund, which will focus on emerging market equities.

Bank Of America, UBS, Wells Fargo Top Wealth Manager Rank

Bank of America Corp. kept its lead in a ranking of the world’s 20 biggest wealth managers in 2011, while UBS AG climbed one place into second position, according to Scorpio Partnership.

Focus on emerging markets - China

China’s economy has been slowing for six consecutive quarters, leaving many investors concerned that China is heading for a hard landing.

Campden launches membership to HNW families in Asia

The programme is modelled on that offered to families in the US by the Institute for Private Investors, acquired by Campden last year.

Sesame begins roll-out of IRESS advice platform

IRESS, which principally builds and supplies wealth management systems in Australia, first entered the UK market in November last year. It secured a deal with Sesame Bankhall shortly afterwards.

What Does It Take to Feel Wealthy?

The findings are remarkably consistent, no matter the wealth or income level.

Gorman Probably Still ‘Delighted’ With Wealth Management

Morgan Stanley’s bright spot was its wealth-management machine.

Wealth Management made easy

Portfolio and Client Relationship Management

More morals needed in banking, says Singapore's finance minister

“We have to find a way to get back to a system that has individual and collective responsibility,” he told Richard Quest.

Walker Crips sees group net revenue decrease 5%‎

Walker Crips saw its group revenue fall by 31% during the second quarter after completing the sale of its asset management arm to Liontrust.

Pritchards boost helps WH Ireland assets hit £1.5 billion ‎

In the half year ending 31 May 2012, WH Ireland made a profit before tax of £0.2 million and an adjusted profit before tax of £0.5 million on turnover that increased by 10.4% to £12.6 million.

New Issue of Philanthropy Management

Government taxation of charities tends to reduce the philanthropic sector's ability to address social needs that are often not covered by government, according to Richard Schwartz, Philanthropy Management's editor. "This calls into question

OCBC's ex-Group CEO wins Best CEO title

OCBC Bank won the Best Managed Board Award, and its former CEO, David Conner, also took home the Best Chief Executive Officer title.

Temasek, SE investors set to invest in major European bank

The Swiss bank announced Sfr15.3bn ($15.65bn) of capital raising measures, including Sfr3.8bn of mandatory and contingent convertible securities, as it pushed out second-quarter results one week earlier than expected.

HNWIs across Europe say eurozone will survive: J P Morgan study

The survey also asked for their outlook on the best performing sector of 2012.

Forcing the Rich to Bail Out Europe

The idea, first floated by a German economic policy group, calls for imposing a 10 percent tax on the wealth of the richest Europeans and forcing them to lend money to their governments.

Islamic Financial Services on Rise, but Private Banks Lag

But private banks have lagged, offering relatively little in terms of wealth management for Islamic customers, who want products and services that respect Islamic laws prohibiting trading in debt and collecting interest, among other rules.

Big bonuses seen leading to current Wall Street scandals

Hodgson told CNBC his research shows the incentive structure on Wall Street, in which bonuses are paid based on short-term profits, was one of the prime factors that caused the financial crisis in 2008 and 2009.

Goldman's golden egg turns leaden; bank plans cuts

In an environment the investment bank characterized as "tough," Goldman said it was embarking on a new round of cost-cutting, which will include laying off some senior employees.

Wealth and Asset Management