All articles by BBR Staff

BBR Staff

Principal Global Investors seeking to buy boutique asset managers

Principal Global Investors, a New York-based global asset management firm, is reportedly exploring options to purchase boutique asset management firms as part of plans to boost its assets portfolio.

Temenos launches enhanced version of its WealthManager platform

Temenos, a provider of banking software solutions, has unveiled the latest version of its front-office platform for wealth management firms, called WealthManager.

Barclay Wealth registers ‘double-digit’ percentage growth in assets last year in Switzerland

As a result of increases in the number of customers from outside the UK, the Swiss wealth management unit of Barclays had added client assets and recruited bankers last year, and is now reporting a rise in assets under management (AUM) by a “low double-digit percentage”.

US dollar may turn into safe havens in 2012 for investors

According to Bill O’Neill, CIO at Merrill Lynch Wealth Management, the US dollar is a safe option in a shrinking set of safe haven options.

Miller/ Russell selects Interactive Advisory Software to implement growth plans

Phoenix-based Miller/Russell & Associates has selected Interactive Advisory Software’s (IAS) Solution 360° technology to better implements its growth plans.

Over 80% of SFOs are offering family security services, says survey

Many single-family offices (SFOs) are diversifying their bespoke and concierge offerings to provide clients with family security services. The number of such SFOs is on the rise, says a report by the Rothstein Kass Family Office Group.

Wealth management firms to increase IT spending, says survey

Celent, a Boston-based financial research and consulting firm has published a report that says that 2012 will see wealth management firms investing more in client communication tools.

National Bank acquires HSBC Securities in Canada

National Bank of Canada has completed its acquisition of the full service investment advisory business of HSBC Securities (Canada) and certain assets related to the segregated fund and insurance business of HSBC Securities Insurance Agency, which it says would help in serving the wealth management needs of investors.

India to be key investment economy of 2012

China has been projected as the most prospective emerging market but many analysts are voting for India. According to Edward Bland, head of investment research at Duncan Lawrie, the UK-based private bank, India is the market to watch for within emerging markets in 2012.

Berry signs strategic administration deal with SEI

UK-based private client wealth manager firm, Berry Asset Management, has signed a strategic administration partnership deal with SEI.