People Moves
Daily News Analysis
Massachusetts Wealth Firm Appoints Research Director
17 May 2013
Wellesley, MA-based Weston Financial, a division of Washington Trust Wealth Management, has appointed Lorraine Chong as director of research. Chong joins Weston Financial from a local registered investment advisor, where she served as a portfolio manager . She also spent over a decade at Fidelity Investments as a senior analyst and team leader.
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Webster Private Bank Creates Chief Investment Strategist Role
17 May 2013
Webster Private Bank has hired Yves Cochez as senior vice president and chief investment strategist, based in Stamford, CT. The CIS role is newly-created, the firm confirmed, and comes at a time when other firms have also strengthened their investment strategy teams in response to the difficult markets of recent years . JP Morgan Private Bank announced earlier this week that it has created a chief investment strategist role to work closely with its chief investment officer, and in February United Capital Financial Advisers also added a chief investment strategist.
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New President, COO At Sterne, Agee & Leach
16 May 2013
Sterne, Agee & Leach, a privately-owned investment banking and brokerage firm, has appointed Walter Robinson as president and chief operating officer. Robinson retired from Scott & Stringfellow/BB&T Capital Markets in March 2012 . There, he served in many roles including chief operating officer, president of the private client group, and president and chief executive.
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Boss Of US Tax Authority Quits Amid Political Bias Scandal
16 May 2013
The US Internal Revenue Service boss, Steven Miller, has been forced to step down amid a scandal of how IRS officials selectively screened non-profit groups for political reasons, media reports said. Miller, the acting IRS commissioner, resigned due to anger as to why the agency used terms such as “tea party,” for example, to subject some groups’ applications for tax-exempt status to tougher . .
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Martin Currie Appoints Country Head For US Office
16 May 2013
UK-based equity manager Martin Currie has named Ranjit Sufi as country head for its US office, with effect from May 31. Sufi joins the firm's New York office as executive vice president of sales and client service, charged with leading business development in the US and Canada . Previously, Sufi worked as managing director at Tradewinds Global Investors, an affiliate of Nuveen Investments.
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Features
Gresham Hires Head To Lead Growth; Targets "Top One-Tenth Of The 1 Per Cent"
7 May 2012
As liquidity and wealth creation has slowed down, Gresham Partners wanted to tackle the issue of sustainable growth for the next five to ten years.
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Heavy Hitters Huddle In New York For Tiburon CEO Summit
18 April 2012
How will the financial services industry divvy up the $28.6 trillion Americans currently have in investable assets? If you are a heavy hitter in the wealth management business, you were probably at the latest Tiburon CEO Summit at the Ritz-Carlton at Battery Park in New York City to find out.
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North America Executive Moves Round-Up December 2011
4 January 2012
A round-up of the key moves in the North American wealth management industry for December 2011.
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North America Executive Moves: October 2011
7 November 2011
Here, the significant moves in the North American wealth management market for October are summarized.
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Executive Moves: Americas April 2011
9 May 2011
A round-up of the North American industry moves for April 2011.
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News and Features
Latest News
Goldman Sachs AM Launches Alternatives Mutual Fund
Mutual Fund Asset Flows "Healthy" But Losing Pace - Morningstar
Massachusetts Wealth Firm Appoints Research Director
BNY Mellon Combines Bank, Brokerage Custody Into Single Service Offering
Webster Private Bank Creates Chief Investment Strategist Role
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
EXCLUSIVE INTERVIEW: Data Crunching Delivers The Investment Goods For FQS
As markets have been volatile, patchier liquidity will mean that capacity constraints on some hedge fund strategies have to be closely monitored to protect performance, FQS Capital, the hedge funds arm of a family office business, says.
Tom Burroughes
17 May 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
