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Texas is 'setting new pattern for US wealth creation,' says RBC and Capgemini 18/09/2014
Texas’ rich could be setting a new pattern for wealth creation in the US according to a new report released today by Capgemini and RBC Wealth Management. The US Wealth Report 2014 also looked at trust and competence in wealth managers as well as demographic changes within High Net Worth population.

Guernsey adds 42 new funds in Q2 18/09/2014
Guernsey’s financial services regulator approved 42 new investment funds during the second quarter of this year, resulting in a total of 131 additions during the 12 months to the end of June 2014.

European Wealth on track to make profit as FUM increase in H1 18/09/2014
In the first six months of 2014 European Wealth completed its corporate structure consolidation with the acquisition of the outstanding 52 percent of European Wealth Management Group.

Global billionaire population reaches new record 18/09/2014
The global billionaire population has reached a new record of 2,325 with the addition of 155 new billionaires in 2014.

ETF provider launches in US 18/09/2014

Bank security top concern for wealthy clients, says Nedbank survey 18/09/2014
Nedbank Private Wealth survey reveals safety is number one client concern.

UK wealth management assets hit another record during second quarter 17/09/2014
The volume of assets managed by UK wealth management firms reached another new high during the second quarter of 2014, according to the latest data released by ComPeer, a London-based research firm.

Arbuthnot Latham hires from Barclays for regional UK office 17/09/2014
Arbuthnot Latham adds to its Manchester office with a private banker from Barclays.

Brooks Macdonald discretionary FUM exceed £6.6bn 17/09/2014
Brooks Macdonald Group has reported a year on year increase of 28 percent in discretionary funds under management (FUM) to £6.55 billion driven by acquisitions, performance and organic growth, the company said in its results statement for the year ended 30 June 2014.

$500K package on offer for CIO of new family office 17/09/2014
A Forbes-listed billionaire, currently creating a single family office to be based in Dubai, wants a chief investment officer and head of investment committee for the venture.

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