Managers of Wealth Offshore

Bank of America Merrill Lynch Wealth Management Boosts Recruiting Deal For Top Brokers

Bank of America Merrill Lynch Wealth Management unit has tweaked its recruiting deal to attract financial advisers from competitors, offering bigger upfront cash payments as well as an extra client-asset incentive to a larger pool of top-tier brokers, acc

Barclays publishes FSA Complaints Data

In the Banking category there has been a 31 per cent reduction in complaint volumes for the full year 2011 compared to 2010.

Baroness joins UK wealth managers board ‎

She was previously editor-in-chief at the Wall Street Journal, Europe.

Trust boards are still failing too often on discount controls say investors

Despite this, 36% of respondents believed there would be a marginal or no impact on the demand for investment trusts as a result of the RDR. Only 11% thought the impact would be ‘considerable’.

UBS facing real estate headache in Hong Kong

UBS has limited options, people involved in the real estate market said, and is set for some tough negotiations with its landlord, MTR, which runs Hong Kong’s subway and owns the main space UBS occupies.

Rathbones sees full year 2011 profits jump 30 percent

Pre-tax profits at Rathbone Brothers increased 30pc last year to £39.2m as the wealth manager said it was "cautiously optimistic" for 2012.

Finnish investment bank focuses on wealth

"Evli Bank as a group has been recently refocusing more toward wealth management, and this is also bringing changes to the Baltic opera-tion," says Jolanta Latviene, the new CEO and board chairman of Evli Securities, Evli's Tallinn-based Ba

Entrust Private Wealth Management ramps up its wealth management business

Entrust manages about $500 million of client funds under a discretionary trust model.

Kleinwort Benson wins admin business for high profile €200 million Russian fund

Kleinwort Benson has been appointed administrator for a landmark €200 million fund that aims to invest in clean energy technology projects in a bid to boost Russia’s economy.

Wealth tax to span watches, paintings...

Deposits in foreign banks, paintings, sculptures and expensive watches may come under the wealth tax net as part of the government's drive to unearth black money.

Family offices set to boom in Asia says landmark UBS and Campden study

The new study finds that the rapid growth of the number of ultra-high net worth individuals in Asia – with for example, China having the second highest concentration of billionaires in the world— coupled with the upcoming intergenerational tra

IFA acquisition brings Web £20m in funds

The acquisition of another Surrey-based firm adds two more IFAs to Web’s personnel, corporate specialist Stuart Smillie and private client expert James Child.

Norway’s wealth fund wants less of Europe, more of Asia

The fund, which holds nearly 2 per cent of all European shares, also has to adjust to lower real-return expectations and the government must cut back on how much of the oil money it spends if it wants to preserve the fund, Norges Bank, which manages the f

Classic cars as a viable investment choice

With property prices floundering and returns falling on cash and equity, it suggested that alternative investments have seen renewed interest following the recession.

New bond programmes being launched for charity groups

Third Sector reports that the organisation's chief executive Geoff Burnand announced the development of these new funds, worth up to £10 million.

It wasn't such a sacrifice after all: RBS chief Stephen Hester gets £600k shares windfall weeks after giving up £1m bonus

Under complex City pay arrangements, Mr Hester is only now receiving shares relating to his work in 2010.

Wealth and Asset Management