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The week on eprivateclient 26/05/2015
A look back at the stories featured on thewealthnet's sister publication, eprivateclient, last week

Asia is the new centre for extreme wealth, UBS/PwC report finds 26/05/2015
China is emerging as the new centre for entrepreneurial billionaire creation, predicted to outstrip North America in two to five years, according to a new UBS/PwC Billionaire 2015 report.

Kleinwort Benson brings in private equity money as strategic investor 26/05/2015
The Kleinwort Benson group has sold what it called a “significant equity stake” in its London-based private banking and corporate advisory subsidiary Kleinwort Benson Bank to Samena Capital, a private equity group backed by powerful Middle East figures.

UBS agrees management buyout for Australian wealth management arm 26/05/2015
UBS is hiving off its wealth management arm in Australia via a management buyout, following several weeks of speculation that the Swiss group would exit the advisory sector in Australasia.

Firm offering 'curated' crowd funding experience 26/05/2015
Crowd funding for the mass affluent segment.

Close Brothers Asset Management continues AUM growth 22/05/2015
Close Brothers Asset Management’s assets under management (AUM) have reached £10.6 billion, according to an interim management statement covering the third quarter from 1 February 2015 to 30 April 2015.

HSBC confirms plans to divest another banking, wealth management operation 22/05/2015
HSBC has confirmed that it is exploring the sale of its Brazilian banking business, which includes a private banking operation.

Multiple acquirer European Wealth under pressure 22/05/2015
European Wealth has reported “pressure on headline numbers” after a year of multiple acquisitions.

Jupiter hires new Asian income fund manager 22/05/2015
Jupiter has hired Asian income fund manager Jason Pidcock, with a starting date of later this year.

Women-only advisory service launches 22/05/2015
A former Morgan Stanley adviser has launched a new advisory service exclusively targeting high net worth women in the UK.

 
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