08/21/2020
Platforum: Platforms and the rise of model portfolios
The range of funds available on some platforms was arguably wealth managers’ greatest complaint.
Wealth and Asset Management
08/21/2020
Exclusive: AFH acquires client book of collapsed wealth firm
AFH Financial has acquired the client book from insolvent Welsh wealth business Juno Moneta Capital.
08/20/2020
Something's moving in the Italian contemporary art scene: the Trust for Contemporary Art
Most of Italy’s most important cultural institutions are public and the participation of private subjects in the cultural sector has been long debated.
08/20/2020
Cheshire wealth management firm enters administration
The joint administrators said that the company had ceased to trade prior to their appointment.
08/20/2020
UBS revamps wealth unit structure to free up billions for loans
Rigi partially rolls back measures from the 2008 financial crisis, when Switzerland told UBS to create separate legal entities that would be insulated in the event of a surprise bankruptcy.
08/20/2020
BCV's dividends rise despite 13% net profit drop
CHF 1.1bn of Swisscanto funds were transferred to ZKB.
08/19/2020
Raiffeisen’s profit falls despite higher income and lower expenses
The company took CHF 75m to strengthen reserves as protection against volatility during the ongoing pandemic.
08/19/2020
Baillie Gifford attracts £1bn inflows in record month
Baillie Gifford was an early investor in US technology companies, backing the likes of Tesla, Amazon, Netflix and Alphabet (Google’s parent company) through a number of its funds.
08/19/2020
Vontobel Asset Management launches GBP share class of global investment grade credit fund
The fund invests in high credit-quality issuers in order to generate income over the long-term.
08/18/2020
S.P. Hinduja Banque Privée announces the launch of two new funds
The products are aimed at the next generation of global, entrepreneurial investors, who understand that ESG standards of companies are a key driver for long-term value creation and business sustainability.
08/18/2020
AJ Bell adds Brewin MPS to platform as it opens to wealth firms
AJ Bell has is giving advisers access to managed portfolio services (MPS) run by wealth majors including LGT Vestra and Berwin Dolphin.
08/18/2020
Wealth manager launches apprenticeship scheme
It will allow trainees to develop a range of skills including digital and technical, in both back and front office roles.
08/18/2020
Retired 7IM founder sets up SME investment business
The SME businesses will be seeking capital in the range of £500,000 to over £10m.
08/18/2020
LOIM multi asset CIO on the transformation in the active vs passive debate
Aurèle Storno discusses the impact of higher volatility and mispricing.
08/17/2020
Chinese banks woo overseas asset managers
Moves follow last year’s decision to allow foreign managers majority stakes in joint ventures
08/17/2020
Edinburgh private bank defies Covid with double-digit increases
The bank said it had continued to build its client base during lockdown.
08/16/2020
IQ-EQ shortlisted for two awards in 2020 Private Equity Service Provider Awards
Recognising and celebrating the leading service providers in the private equity sector, these awards stand out as the most prestigious of their kind in Europe.
08/14/2020
Schroder Sterling Corporate Bond Fund wins prestigious UK investment awards
The fund may also invest in bonds issued by governments, government agencies, and supra-nationals.
08/14/2020
NatWest Brings Together Wealth Business Under Stewardship of Peter Flavel
By bringing together the expertise of Premier and Private banking, NatWest believes it can help existing customers manage their finances more thoroughly and live financially better lives from their early years through to post retirement
08/14/2020
Ascot Lloyd lines up £25m war chest after £7m loss
National advice business Ascot Lloyd is banking on strong growth from its consolidation strategy to fuel its future success.