10/11/2022
Fairstone Group revenues up 22%
The deal saw TA Associates take a significant stake in the business although details of the agreement were not disclosed.
Wealth and Asset Management
10/11/2022
BoE widens gilt purchase operations to include index-linked gilts – reaction from advisers, investment and wealth managers
The Bank of England has therefore been forced to include these in its bond buying programme.
10/10/2022
Clifton Asset Management third acquisition pushes AUM over £1bn
This is Clifton’s third acquisition in just three months, after Burnett & Reid Wealth Management in July and Noble James Associates in September.
10/10/2022
Malin Norberg: The woman behind the world’s biggest wealth fund
Global head of fixed income trading at Norges Bank Investment Management (NBIM), Malin Norberg, tells Laurie McAughtry why the firm’s investment profile is so unique, why her strategy is so long-term, and why it makes her job so much easier.
10/10/2022
Revealed: All the shortlists for the 2022 PA Wealth Partnership Awards
Six wealth managers up for Fund Selection Team of the Year
10/10/2022
Major GAM investor trims stake in asset manager
Bantleon Bank has sold 2.75 million GAM shares, cutting its stake in the firm from 11.13% to 9.41%.
10/07/2022
Results of today’s Extraordinary General Meeting - EFG International
They will join the Board of Directors with immediate effect, with Boris Collardi serving as a non-independent Board member.
10/07/2022
New Prestatyn base for wealth management firm
Establishing the new base is the result of a "growing synergy" between Hadlow Edwards and Daulby Read Insurance Brokers the parent company of Townsend.
10/07/2022
Citi scoops up Deutsche private banker for Geneva office
Cassio Hanna Valdujo, an industry veteran with more than 21 years’ experience, will join Citi Private Bank’s Latin America desk in Switzerland in January 2023.
10/07/2022
Why this economic cycle is different
Unique circumstances mean there are no clear cut lessons from history, making this economic cycle particularly hard to categorise.
10/07/2022
7IM owner values platform at £185mn
The £184.5mn valuation - dated end of September - has earned Caledonia an 8 per cent return on its investment for the first half of 2022.
10/07/2022
Credit Suisse offers to buy back CHF 3bn of its bonds
The bank says it is looking to take advantage of the recent collapse in the price of its bonds amid concerns about the group’s financial health.
10/07/2022
Winners of the International Investment Awards 2022
Many congratulations to all the winners and highly commended individuals and companies from across the international financial services industry in our 23nd annual International Investment Awards 2022
10/07/2022
Wealth managers turn to illiquid assets for higher returns
As 42% want third-party support around ESG investment offerings and integration
10/07/2022
Jupiter splits CIO role and pushes on with fund restructuring plans
Equities and fixed income heads
10/06/2022
Quintet recognized for excellence at Global Wealth Awards
Luxembourg-headquartered independent wealth manager named one of Europe's 'Outstanding Private Banks'
10/06/2022
Deutsche Bank private banking head foresees more deposit rate increases -report
Following up on a large July rate hike, the ECB last month raised its deposit rate to 0.75% from zero, the highest level since 2011, with moves promised for the next several meetings.
10/06/2022
UK fund managers are dirt cheap, but only one delivers on its promise
UK asset managers are cheap relative to history but remain too volatile and risky to buy, except for a buoyant Man Group.
10/06/2022
Revealed: John Duffield’s wealth boutique up for sale
Duffield's wealth business, Brompton Asset Management, has hired Fenchurch Advisory to find a buyer.
10/05/2022
Wealth management: how private client advisors are adapting to the digital revolution
In some respects, technology is seen as a panacea – the route to a highly connected world and a platform for delivering solutions more efficiently.