by admin | Sep 20, 2017 | Wealth management
UBS and Campden Wealth study has found that just 10 out of 262 of the world’s richest families suffered a decline in wealth in 2016. Three-quarters of the families increased their wealth, while 22% reported no change. The average return generated by family offices,...
by admin | Sep 13, 2017 | Wealth management
McKinsey research has found that European private banks have suffered a 10% decrease in profits in 2016, the first annual fall since 2009. The decline in profits was attributed to a slowdown in new cash inflows, poor investment returns and a failure to control...
by admin | Sep 1, 2017 | Wealth management
HM Revenue & Customs research has found that around £1.5bn of tax relief was claimed by individuals making gifts to charity in 2016, an increase of more than 50% since 2012 Deutsche Bank has stated that it would like to increase the number of private bankers in...
by admin | Aug 9, 2017 | Wealth management
HSBC’s China fund management venture has been punished for misconduct related to IPO subscriptions, as part of a broad campaign by regulators against financial corruption. Nine funds from HSBC Jintrust, a joint venture between HSBC Global Asset Management and Shanxi...
by admin | Jul 28, 2017 | Wealth management
Credit Suisse has introduced a four-step digital onboarding service for new clients offering a paperless, 15-minute sign-up process. The service is initially aimed at private individuals domiciled in Switzerland, and is available in German, English, French, and...
by admin | Jul 20, 2017 | Wealth management
Ashmore, the London-based asset manager which specialises in emerging market debt, has posted net inflows of $1.2bn for Q2 2017. Assets under management rose 5% quarter on quarter to $58.7bn Morningstar research for the FT has found that some banks and insurers are...
