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US still most popular destination for HNW Chinese investment emigrants: report

By: Helen Burggraf | 18 Jul 2017

The United States remains the most popular emigration destination for Chinese HNWI investment emigrants for the third year running, according to a just-released report out of China. Canada,…

Vanguard appoints new CEO

By: Gary Robinson | 14 Jul 2017

US fund management giant Vanguard has appointed Tim Buckley as its new chief executive. Vanguard’s board of directors announced via statement earlier today that it has elected…

RBS to pay US$5.5bn fine over US mortgage-backed securities

By: Gary Robinson | 13 Jul 2017

The Royal Bank of Scotland Group has reached a US$5.5bn settlement with the US’s Federal Housing Finance Agency regarding its long-running US residential mortgage-backed securities claims The Royal Bank…

PEOPLE MOVES: Aberdeen, Canaccord Genuity, Premier Assurance Group

By: International Investment Staff | 13 Jul 2017

Aberdeen Life Aberdeen Life, the unit-linked insurance subsidiary of Aberdeen Asset Management, has named former Association of British Insurers’ director general Otto Thoresen to head up its…

EU challenges Trump on tax avoidance ahead of G20 summit

By: Gary Robinson | 07 Jul 2017

The European Union has published a letter to EU heads of state, laying down a direct challenge to the Trump administration, on the issues of tax avoidance ahead…

US fund managers share US equities outlook

By: Gary Robinson | 05 Jul 2017

Following the celebration of Independence Day in the United States, a number of US equity portfolio managers have shared their thoughts on Donald Trump’s first half year…

Amundi’s Pioneer acquisition rubber stamped

By: Gary Robinson | 04 Jul 2017

Amundi has finalised the acquisition of Pioneer Investments, which will see the company consolidated into Amundi’s accounts starting from the third quarter of this year. As was previously…

Old Mutual Asset Management chief stands down

By: Gary Robinson | 30 Jun 2017

Old Mutual Asset Management has announced today that its president and chief executive officer Peter Bain is stepping down after six years in charge. Bain will cease,…

International advice market ready for ‘transformation’: OMI survey

By: Gary Robinson | 29 Jun 2017

The majority of international financial advisers are already implementing dramatic changes to their businesses as a result of regulatory change and shifting client expectations, according to a…

Vontobel wealth management arm opens office in New York

By: Adrien Paredes-Vanheule | 27 Jun 2017

Vontobel Swiss Wealth Advisors, part of Zurich-based  Vontobel Holding’s Wealth Management division, has opened an office in New York. The wealth manager started looking after US investors…

Schroders unveils new London-based biz to target US clients

By: Helen Burggraf | 26 Jun 2017

Schroders, the London-based, FTSE 100-listed asset management house, today unveiled a new operation that it said will offer wealth management services to high-net-worth US clients resident in…

Pershing: ‘How to succeed with Generation Why – younger HNW clients’

By: Helen Burggraf | 26 Jun 2017

Financial advisers who wish to attract and retain today’s younger HNW investors need to adjust not only their marketing strategies, but also their business models, according to…

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