Tuesday, June 19, 2007

CORRECTED - Markets may spoil wealth management party - survey

(Reuters) - A boost in equity markets, which form the main source of
income for wealth managers, was one key reason for the sector to
thrive, said Scorpio Partnership, which undertook the survey, as
well as new money put in by rich clients.




"There is a feeling that there is easy money to make at the
moment, but our research shows that long-term successes are only
built on sensible strategies," the London-based consultancy
group said in a statement on Wednesday.


Read more at Reuters.com Market News

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