Managers of Wealth Offshore

Barclays' investment bank helps profits to £2.45bn‎

Barclays reported a better-than expected 22pc rise in first quarter profits, with stronger performance in investment banking offsetting an increased provisions for insurance misselling.

Deutsche Bank profits hit amid debt crisis

The bank said although the business environment was "more stable" than at the end of last year, it was "far less favourable" than a year earlier.

BME incurs loss year-on-year

Quarterly results have been conditioned by a lower equity and derivatives volumes context, based on the general economic environment, regulatory limitations on trading, and an average general price correction. Nevertheless, the diversification of the busi

France’s Carmignac Gestion opens its London office

It hopes that its establishment in the UK will enhance relationships with wealth managers, family offices, private banks, IFAs and institutional clients.

Apcims: when firms can retain ‘independent’ label

It added that such a move would result in a ‘significant’ increase in the number of Apcims firms that can offer independent advice.

Williams de Broë eyes Midlands RDR opportunity

Quin said the business was always looking for new partnerships, although he stressed that the adviser quality had to be right, and the firm’s concentration of IFAs was comparatively small.

Non-resident South Asian millionaires' wealth management market size to see robust growth by 2016: report

During the review period (2007-2011), the value of the worldwide wealth management market for NRI millionaires rose at a compound annual growth rate (CAGR) of 9.4%.

Canadian Wealth Management announces new partnership

The alliance will help Cardinal Point Wealth Management increase their footprint in California

Barclays' Wealth Division Adds Managing Director In London

He joins from Citi Private Bank

Top Dubai lender ENBD's Q1 profit beats forecasts

Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.

Bank of Singapore becomes first Private Bank that can train and assess private bankers

The Programme aims to equip Bank of Singapore private bankers with the relevant skill sets and qualifications to uphold the highest standards in delivery of client-centric advice and consistent client experience.

Net flows increase at Standard Life Wealth

Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.

Barclays hopes £2bn profit will quell Diamond pay row

It will also face anger over the bill associated with a flood of customer complaints over the mi-selling of payment protection insurance, which is understood to have run to more than £100m.

Invesco may sell $18 billion wealth business: sources

The Atlanta-based asset management company wants to sell Atlantic Trust Private Wealth Management, which has $18 billion in assets under management, because it is not core to its business, three of the sources said.

Firms vary in services for the rich

The market for wealth management in South Florida is vast, as is the number and scope of institutions that serve the high net worth segment.

Financial Reform Will Lead to Emphasis on Credentials: IMCA CEO

IMCA, the Investment Management Consultants Association, provides credentials and education to the wealth management industry and is growing. Last year, IMCA’s Certified Investment Management Analyst certification became the first financial services

Emirates NBD Private Banking organises private aviation meeting for HNWIs

As part of this initiative, Emirates NBD Private Banking also offers a range of customised financing solutions for investors interested to buy new aircraft or re-financing options for recently purchased ones.

Asian millionaires on the rise

Wealth managers also expected those with $30m of investable assets to account for 24 per cent of their $3tn under management, up from 19 per cent in 2011.

Barclays Wealth continues APAC expansion

Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank

World’s ‘Most Expensive’ Art Fair Heads to Hong Kong From Paris

The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.

Wealth and Asset Management