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BNY Mellon launches wealth management services in Hong Kong 08:07 GMT
BNY Mellon Wealth Management has received regulatory approval in Hong Kong to launch comprehensive discretionary investment and wealth management services.

Multi-asset funds boost Heartwood Wealth's discretionary and investment management activities 08:07 GMT
The investment management activities of London-based 2014 PAM Awards winner Heartwood Wealth continued to make progress during the third quarter, according to the latest results release from Stockholm-based Handelsbanken, its owner. Assets under management and administration grew to £2.2 billion, a small improvement on the previous quarter.

Another look at St James's Place, the UK's fastest growing wealth management firm 11:00 GMT
Cirencester, Gloucestershire-based St James’s Place has rapidly emerged over the past decade or so to become one of the UK’s leading wealth management firms. At the end of September it had around £48.33 billion of assets under management, a volume probably only exceeded by Barclays, Coutts and possibly HSBC.

AXA Wealth reports 'successful year so far' 08:07 GMT
AXA Wealth’s funds under management (FUM) increased by 10 percent from 24.6 billion to £27 billion in the last 12 months, according to its Q3 2014 results. Its total retail sales were also up 3 percent to £2.5 billion over the same period, marking a strong period of growth for the business.

Old Mutual and Henderson merge property funds 13:57 GMT
Old Mutual Property Fund is to merge with Henderson UK Property OEIC to form a £2.7 billion fund.

UK's ethical investors warm to nuclear power 23/10/2014
A significant number of leading ethical investors have softened their opposition to nuclear power as doubts grow over the adequacy of wind and solar power as substitutes for carbon-based energy sources, a Kames survey has found.

Costs reductions boost Credit Suisse's third quarter ‘strategic' private banking and wealth management profits 23/10/2014
Credit Suisse reported third quarter pre-tax profits of CHF 872 million for its “strategic” or core private banking and wealth management operations, a 7.9 percent increase on the CHF 808 million reported a year earlier.

New service launched to introduce American clients to Swiss-based wealth managers 23/10/2014
Where Americans are Welcome (WAAW) has launched a new website,, aimed at American investors domiciled in the United States and abroad.

Generating superior client service the Handelsbanken (Heartwood Wealth) way 22/10/2014
An assertion that aspirant private banks and wealth managers can learn something useful from their retail banking peers, especially as far as client service provision is concerned, would probably be greeted with ridicule.

Close Brothers sells German business 22/10/2014
Close Brothers Group has sold Close Brothers Seydler Bank AG, its securities business in Germany.

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