Is European fund management sitting in a comfort zone? 31/07/2014 Delegates at the FundForum conference in Monaco in June could have been forgiven for feeling that they had been there before. Many of them probably had. The venue, the Grimaldi Forum, at the end of June remains a key meeting place for the European fund management industry. More than 1,200 manufacturers and distributers of pooled investment products gathered again this year.
Europe could be UBS' Achilles Heel 30/07/2014 Ongoing litigation problems will probably provide plenty of headlines in the future, as well obscuring the true financial performance of UBS.
How malt whisky and investment management go together 29/07/2014 The Spey Valley in the north of Scotland probably doesn’t feature on most people’s mental maps of the global investment management universe. But it does provide the home of at least at least one firm in addition to a plethora of whisky distilleries.
Two trillion dollars and growing: the rise and rise of Morgan Stanley 23/07/2014 New York-based Morgan Stanley, along with Bank of America Merrill Lynch and UBS, dominant the global hierarchy of wealth management firms in terms of client assets under management (see thewealthnet 11/06/2014). So the news that it has just crossed the $2 trillion dollar threshold in this respect shouldn’t, at first glance at least, have caused much of a surprise.
Anatomy of a Merger - Part Three 22/07/2014 Switzerland is not usually associated with transparency, especially within a private banking and wealth management context. Decades of bank secrecy created a miasma that often obscured much of the sector from the prying eyes of analysts, commentators and tax authorities.
Tips for AIFMD risk compliance – expert's comment 21/07/2014 With the AIFMD deadline only a day away, risk management solutions firm RiskSystem’s Simon O’Sullivan spoke to thewealthnet about preparing for the new rules, as well as about the impact the implementation will have on AIFMs.
Cycling and the science of better investment management 18/07/2014 Schroders’ decision to recruit Shane Sutton, British Cycling’s head coach, as a consultant, makes perfect sense given the extent to which sporting terms and metaphors are used in the banking and financial services sector.