Managers of Wealth Offshore

City National Bank Completes Acquisition of Rochdale Investment Management

Rochdale will combine with City National Asset Management to form a new registered investment advisor within the bank's wealth management group

Asian private wealth: rich pickings

Private wealth in Asia excluding Japan grew more than five times faster than the 2 per cent global average in 2011, to $24tn, or a fifth of global wealth, according to Boston Consulting Group.

Future is with Brazil’s new wealthy

The attraction, clearly, is more about potential than current opportunities. Like many Latin American countries, Brazil has a young and rising population with a fast-growing middle class.

Global investment banking fee income falls 25%

The fees totalled nearly $14 billion in the second quarter, down from more than $18 billion in the first quarter of 2012. Year to date, fees have totalled $32 billion, down 25 percent from the same period in 2011.

Vontobel Inflows Exceed Expectations, SonntagsZeitung Reports

Vontobel would consider acquiring an asset management firm overseeing as much as 25 billion Swiss francs ($26.4 billion), the Swiss newspaper quoted Schwarzer as saying.

The RDR Inquiry - 2plan wealth management research

The White Paper, entitled, ‘The RDR Inquiry’ was independently commissioned and not designed to reflect the opinions of 2plan or its members.

Novia to offer Heartwood model portfolios ‎

Heartwood has announced that it will be offering its model portfolios via the Novia platform.

Global Wealth Makes Its Move

Private wealth fell 0.9% to $38 trillion in North America in 2011, yet rose 10.7% to $23.7 trillion in the Asia-Pacific region. Welcome to the new reality of a so-called "two-speed world."

Coutts creates framework to align job roles globally

Coutts has created a global career framework that clearly defines career levels and job roles to make its reward and pay more transparent across 12 countries.

Wealthy French consider Swiss tax exile

The new French Socialist government has promised to reinstate the country’s old wealth tax rate and increase income tax

Former consultant takes over financial adviser Dunedin's assests

The remaining assets of a collapsed independent financial advice firm in Glasgow have been taken on by one of its former consultants.

NCB Capital Wins Wealth Management Award

There are 14 areas that are evaluated, including assets, liabilities, total income, net attributable profit and return on assets, collating data on real size, real growth, and percentage growth.

Firms make financial planning more gay-friendly

Many big firms are trying to make financial planning a lot more gay-friendly.

Liechtenstein Lawmakers Back Fund Managers Law

Under the legislation, there will be a limited licensing obligation for small funds, while the so-called business partner model will be created for administrators, risk managers, investment fund distributors and prime brokers.

Vatican’s bank moves to lift veil of secrecy

It was an effort to demonstrate the Vatican’s latest attempt at modernity and transparency – and came just before a key meeting next week of international anti-money laundering experts.

Wealth products lose appeal amid falling inflation

Banks saw their wealth products become much more popular last year after the inflation rate began to outpace deposit interest rates by the greatest distance seen in three years. That trend is continuing this year.

Credit Suisse Upbeat on Profits ‎

Further to its statement of last Friday and in response to media reports about its second quarter financial performance, Credit Suisse informs that it expects based on quarter-to-date information to be profitable at the Group level and in all its division

Wealth and Asset Management