02/18/2022
SJP chooses fund manager for £2.8bn mandate
“In this context, a multi-asset strategy underpinned by a dynamic and consistent investment process is well suited to protect investors from these risks.”
Wealth and Asset Management
02/17/2022
Standard Chartered unveils $750m share buy-back as it reports a rebound in profits
A reconciliation of restructuring and other items excluded from underlying results is set out
02/17/2022
Markets Gripped by Geopolitical and Inflation Risks
Economists at JPMorgan now expect UK inflation to hit potentially 10% year-on-year due to the rise in energy prices and likely tax increases.
02/17/2022
REYL Intesa Sanpaolo completes the integration of Intesa Sanpaolo Private Bank (Switzerland)
The partners of REYL Intesa Sanpaolo hold collectively 31% of the combined entity.
02/17/2022
M&G buys TCF to enter model portfolio market
M&G Wealth will take responsibility for the ongoing management of Maps, and will also launch a new range of portfolios in the coming months.
02/17/2022
GAM Holding AG announces full-year 2021 results
Ad hoc announcement pursuant to Art. 53 listing rules
02/16/2022
Fund manager Liontrust faces investor revolt over 'excessive' pay awards
A significant proportion of the £1bn asset manager's shareholders are expected to reject its plans for a new executive pay policy on Wednesday, Sky News understands.
02/16/2022
UK financial advice company buys IFA firm
Combined business will have over £250m AuM with bases in Liverpool, Bolton, Lancaster and Watford
02/16/2022
Kingswood buys Eastleigh-based IFA for £3.6mn
The IFA provides financial advice to more than 750 clients
02/16/2022
Kingswood acquires Aim Independent Limited
Aim was founded in 2000 and is run by Phil Watson and Andy Davies
02/15/2022
Sold Sanlam wealth business names new top team
It aims to be the first truly digitally enabled, hybrid wealth business in the UK
02/15/2022
Banca March buys BNP Paribas's Spanish private bank
BNP Paribas will transfer 80% of its portfolio of clients and its bankers to the Spanish bank, the newspaper said, adding the French bank will retain 20% of the business.
02/15/2022
Discussing top trends in 2022 for the Wealth Management sector
Firms need to deploy exciting ways to gain the audience’s attention and win new clients
02/15/2022
IQ-EQ wins ‘Best Wealth Planning Team’
It’s the second year in a row that IQ-EQ’s Swiss team has scooped this award, reflecting the success of their agile, service-focused approach.
02/14/2022
SJP has largest number of funds in the 'dog house'
The largest of SJP's dog funds was the £3.05bn Global Equity fund
02/14/2022
HSBC trims private bank staff and reduces office space in Switzerland
Lender relocates some workers to cheaper countries as it continues cost-cutting push
02/14/2022
HSBC’s Private Bank Plans Zurich Hires as Part of Wealth Push
The expansion comes as the bank reduces the size of its Geneva office as part of a pandemic-driven shift to flexible work, in addition to moving more back-office operations to cheaper locations.
02/14/2022
Tavistock backs out of £3.7m IFA acquisition
Deal is no longer in the firm’s ‘strategic interests’
02/11/2022
Schroders MPS boss targets £10bn AUM by 2025
Many of the strategies in the range own passive funds, a type of product not offered by Schroders.
02/11/2022
Merchant acquires minority stake in Fusion Family Wealth
The firm oversees more than $1bn in assets on behalf of private households, as well as 401(k) retirement plans for professional service organisations, including accounting and law firms.