Managers of Wealth Offshore

Are wealth firms sacrificing client relationships?

Research from consultancy MDRC certainly suggests this, with satisfaction among advisory clients outpacing that of discretionary clients in 2011.

FSA crackdown on Ucis to hit private wealth management hardest

The UK Financial Services Authority's (FSA) draft of new regulations preventing unregulated collective investment schemes (Ucis) being marketed to retail investors will have most impact on the UK private wealth management sector, according to market

Ultra-Wealthy Will Transfer $27 Trillion by 2050

Most next-generation respondents (79%) consider “being a good steward” of their families’ wealth very important, and the survey found many wished for more involvement.

The United Arab Emirates -- a Fertile Frontier for Financial Women

In Dubai alone, there is Huda Ali Redha Al-Lawati, a principal at Abraaj Capital, the region's largest private equity firm, and Hoda Abou-Jamra, a founding partner of a $40 million health care fund.

Singapore 'should nurture wealth creators, not just wealth managers'

Speaking to a group of around 250 engineering students, academics and industry representatives at NUS Engineering Auditorium, Mr Ngiam was asked during the one-hour dialogue why Singapore could not possess both wealth creators and wealth managers.

HSBC says it's already cut $2 billion in costs

The integration of its four pillar businesses has delivered US$500 million of additional revenue, the bank said, adding a further US$1.5 billion in revenue is expected in the short- to medium-term.

Investec wealth assets up £8bn after Evolution acquisition‎

Profits dip in wealth and investment division as restructuring and unit sales costs take toll.

UK private bank head exits in jobs cull

His role will be filled by Eric Pfister, head of market UK/international, until a replacement can be found.

Private Client Financial Industry Award Reception Doubles Attendance

As part of Private Client Practitioner’s Top 25 series, the Top 25 Law Firms aims to identify, recognise, introduce and promote the Top 25 Private Client Law Firms, in the UK and UK offshore

Northern Trust secures UK charity mandate

This latest mandate underpins Northern Trust's focus on the charities, foundations and endowments sectors and adds to previously announced mandates

Hong Kong fair showcases booming Asian art market

Now in its fifth edition, the four-day-long Art HK has booked 266 galleries from 38 countries, its 50-50 balance of Western and Asian making it unique in the art fair circuit.

Shanghai has 370,000 dollar millionaires - Research

The Hurun Research Institute and independent financial advisor Gao Fu Club jointly released the Shanghai Wealth Report 2012, an authoritative report identifying and analyzing the private sector in Shanghai.

Gottex acquires fund-of-hedge-funds in Asia push

The CIO will join Gottex as a senior executive in Asia.

Citi opens its Mena wealth management centre in Qatar

Clients will have access to a diverse range of global investment products as well as multi-currency bank accounts, time deposits, foreign exchange services and 24/7 Internet banking.

No JPMorgan, UBS Heads To $15 On Wealth Management Strength

This is a great sign for UBS as wealth management is a much more predictable business compared to the highly volatile sales & trading business which has contributed to earnings improvements for almost all its competitors including Barclays and Credit

3 Reasons Why You Should Expect France's Wealthy Elite To Move To London

The upward trend has been seen by other realtors in London’s other expensive districts like South Kensington and Chelsea as well, according to The Telegraph.

Crystal Wealth launches managed account solution

Crystal Wealth Partners has launched a unified managed account solution developed with specialist provider and AMP subsidiary Multiport.

Deloittes gear up for the Olympics

A team of employees from Deloitte are gearing up for the Olympics by taking to their saddles and tackling the official Olympic cycle route before the London 2012 athletes.

UBS needs more than just an EM figurehead

But the sub-prime crisis cost UBS dearly. It was forced to sell Pactual to raise much-needed capital and cut back in various areas.

Aussies say no thanks to private bankers

Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.

Wealth and Asset Management