Managers of Wealth Offshore

The UK's Wealthy are Currently Experiencing Very Different Fortunes - RESEARCH

New data on the wealthy population in the UK produced by Ledbury Research reveals just how volatile the fortunes of the wealthy are in the country.

Asia’s wealthy to bankers: You’re fired

That’s the message from Bloomberg, which has spotted a trend in private banking in the region that has led to a weakening of the already limited grip global banks including Credit Suisse and Citigroup have on the Asia’s private wealth.

Ten Trends Influencing Wealth Management and Private Banking in Asia- Research

The solution suite also helps financial institutions improve staff productivity through better workflow management and helps improve cost control and operational efficiency for better profitability management.

Acta Holding to acquire Swedish wealth management company

Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.

The case for a British investment bank

No wonder small businesses can't get credit when the UK is the only G8 member not to have a body dealing with such finance

Buffett’s Other Bank Stock: How U.S. Bancorp Outperforms Wells Fargo and the Industry

Management reiterated in its second quarter conference call that those ratios are at the low end of long-term targets of 1.6%-1.9% on return on assets and 16%-19% for return on equity.

GCC sees surge in Islamic lending

The strong appetite from investors, who are increasingly demanding Shariah-compliant products, is what is driving the growth of the sukuk market in the region, where Islamic funds as a percentage of total assets under management have been on an upward gro

IFAs pick up clients discarded by private banks

Private banks have begun to cull less profitable clients, with the biggest squeeze on clients with assets of less than £500,000, according to the paper.

GAM First-Half Profit Rebounds After Lower Charge on Artio Stake‎

Net new money inflows at Group level were CHF 0.9 billionfor the first six months of 2012, up from the CHF 0.6 billion reported in the first half of 2011 and a significant improvement on the net outflows

Credit Suisse opens new private banking office in Japan

Credit Suisse announced today the opening of its new office in Osaka, adding to its existing Tokyo and Nagoya offices.

Credit Suisse opens new office in Osaka

The Osaka office is located at Hilton Plaza West Tower 16F, 2-2-2 Umeda, Kita-ku and houses Credit Suisse’s employees dedicated to serving its Private Banking clients in Osaka and the Kansai region.

End of line for 'free' financial advice

Analysis by the FSA before it launched its review suggested consumers were losing £43m a year because of advisers, driven by commission, encouraging them to switch pensions.

Tax cuts 'fail to stop more than half of Britain's super-rich losing confidence in Osborne'

A ‘Millionaire Monitor’ survey of the country’s super-rich revealed that more than half of them now have ‘no confidence’ in the Government’s ability to lead the country out of recession.

Private banks try to become more exclusive

Earlier this year HSBC shut down its in-branch financial planning arm, resulting in the loss of 550 adviser jobs. The bank still offers investment advisory services for “Premier” customers with about £150,000 in investable assets.

Julius Baer confirms purchase of Merrill Lynch private bank outside US‎

Approximately two thirds of IWM AuM are from clients domiciled in growth markets in Asia (more than half), Latin America and the Middle East.

BNP Paribas wins global private bank custody contract

Following an extensive tender and due diligence process to rationalise the business and optimise costs, the Bank’s management chose to consolidate its assets under custody with BNP Paribas based on the custodian’s global reach, technology offe

OCM Wealth Management expands with Hertfordshire firm merger

Stather-Lodge said he planned to attract more advisers to work under the OCM brand and use its centralised investment proposition.

Julius Baer bulks up in Asia with Merrill deal

Julius Baer's acquisition of the loss-making unit means that about half of all the Swiss bank's clients will be in faster-growing emerging markets - chiefly Asia but also Latin America and the Middle East - up from around one third now.

Swiss-Saudi tie-up targets $500 bln Islamic charity market

Waqf, or charitable endowments invested according to Islamic principles, are often used to fund schools and hospitals, but the charitable trusts that generally manage them tend to produce poor returns.

Kiernan hires Clements-Hunt to push sustainability fund to BRICs

Kiernan founded asset management firm Inflection Point Capital Management (IPCM) in 2010 after selling Innovest Strategic Value Advisers – the investment research firm he established in 1994 that specialised in environmental, social and governance i

Wealth and Asset Management