07/31/2012
The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J
07/30/2012
Australian Trustees forms Private Wealth Solutions business
Burns said the new division would come into effect from the beginning of August.
07/30/2012
Wealth management industry not sufficiently in tune with the needs of young investors - research
More than 1,000 US investors surveyed reveal convenience and online tools are key reasons for Gen-Xers and Gen-Yers to shift assets between financial institutions
07/30/2012
EFG International to sell Canadian subsidiary
EFG acquired the Wealth Management Group of Companies in 2007
07/30/2012
According to a letter seen by the Sunday Times, the asset management firm, one of the top 10 shareholders in the bank, said now is a great time to change the bank’s strategy.
07/30/2012
But after the bank decided to cut its dividend, Al Habtoor felt it was time to go.
07/30/2012
"The European sovereign debt crisis continues to eigh on investor confidence and client activity across the bank."
07/30/2012
Risk costs rose 6.6% from EUR 920.8 million in H1 2011 to EUR 981.8 million in H1 2012, or to 146 basis points of average customer loans.
07/30/2012
Wealth management service provider says £400,000 underlying profit has “reversed a trend of deteriorating profitability”.
07/30/2012
"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao
07/29/2012
The move is another advance for the growing move to curb excessive pay, as most company incentive schemes allow for shares to be sold after one to three years.
07/29/2012
The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose on speculation that Europe will move to ease borrowing costs in Italy and Spain.
07/29/2012
In the past, most advisers have recommended actively managed funds that seek to outperform stock markets through research and careful selection of stocks.
07/29/2012
The majority of executives who set the remuneration of directors running Britain's top companies believe salaries and bonuses are too high, The Sunday Times reported, citing a survey by management consulting company Hay Group.
07/29/2012
Mr Maitland has been assisting in that education for the past 16 years, partly via the Compendium of Investment he and his team compile.
07/29/2012
The online business, could be sold as its founder attempts to expand internationally and continue to focus on British savers’ demands for buying physical gold and silver bars and coins.
07/29/2012
British investment manager Brewin Dolphin said transition to a fee based charging model boosted streams of recurring revenue while falling trading volumes kept a cap on overall revenue growth in its third quarter.
07/29/2012
HSBC Holdings, Europe's largest bank, said first-half profit rose 10 per cent, lifted by gains on asset sales. Pretax profit rose to $US12.7 billion from $US11.5 billion a year earlier, the London-based bank said in a statement today.
07/29/2012
The closing of the transaction is expected for 31 July 2012.
07/29/2012
But Peter Flavel, the bank's chief executive for Asia, is determined to expand that clientele, setting his sights on the segment just below the ultra-high net worth - that is, catering for account sizes of between US$10 million and US$30 million.