10/29/2020
Credit Suisse third-quarter net profit falls 38% as wealth unit misses
In a statement, Credit Suisse said it is focused on supporting clients “through the persisting COVID-19 pandemic and the resultant economic challenges.
Wealth and Asset Management
10/29/2020
Smith & Williamson Investment Management rebalances portfolios as it looks ahead to opportunities in ‘cheap and unloved’ UK
While it has exited the UK focused Special Situations fund, the team said the UK overall was ‘cheap and unloved’.
10/29/2020
Lloyds gallops back into profitability with mortgage lending leading the charge
It posted profit before tax of £1 billion and is now expecting the amount of money it has to set aside for bad loans this year to be at the lower end of forecasts.
10/29/2020
SPONSORED: Aberdeen finance expert celebrates 25-year milestone
It’s a success, perhaps in part because of a shared focus on charity.
10/29/2020
Kimbolton’s Beacon named as top 100 adviser - again
It also welcomed the firm’s preparations for Environmental Social and Governance (ESG) investing which had attracted interest from clients looking for more sustainable investment.
10/29/2020
Joost Mees on Luxembourg's Resilience in a Time of Uncertainty
All grown up As the industry matures, it must become more aware of the responsibility it has to make a positive impact on its portfolio companies, but also the world.
10/29/2020
Standard Chartered underlying profit drops 40%
Lower interest rates continue to impact income but we remain well-positioned to meet our financial targets
10/29/2020
7IM denies conflict of interest as it buys wealth manager matchmaker website
Findawealthmanager.com matches investors with wealth management firms based on their needs
10/28/2020
Switzerland-based asset manager selects Northern Trust
Group’s Focus on Expanding its Range of Sustainable Solutions Aligned with Environmental, Social and Governance Criteria
10/28/2020
Deutsche Bank posts surprise profit
Our more focused business model is paying off and we see a substantial part of our revenue growth as sustainable.
10/28/2020
Families demonstrate commitment to improving environmental outcomes and reducing inequality
This is particularly interesting when you consider that, to the untrained eye at least, you could presume our clients to be inclined to prioritise returns over values.
10/28/2020
The Great Reset by Tim Price
“If you’ve ever wondered which side you’d be on in 1930s Germany, now you know.”
10/28/2020
Walker Crips buys HNW adviser
Walker Crips has purchased the client book and assets of Yorkshire financial adviser MA Heap.
10/27/2020
St James’s Place net inflows slow amid ‘challenging’ environment
Funds under management at record high of £118.7 billion
10/27/2020
Fairstone chalks up another acquisition, adding 850 clients
A client agreement accessible on Fairstone’s website reads: “Information provided by Fairstone Private Wealth may form part of a recommendation we make to you.
10/27/2020
Weatherby’s questions ‘home bias’ of UK stock market investors
Many investors are guilty of ‘home bias’ – having too much money in their own nation’s markets relative to the size of that nation’s market in global terms.
10/27/2020
From rugby star to financial adviser
SJP partner practice owner says targeting the sporting sector for future employees ‘is a no brainer’
10/27/2020
Hundreds of advisers pass chartered exams during crisis
Benjamin Dyson, a 27-year-old financial adviser at Foresight Independent Financial Planning, is the PFS's youngest fellowship graduate in 2020.
10/26/2020
WH Ireland posts first interim profit for five years
Our Wealth Management business has remained operationally robust despite the significant market falls in March
10/26/2020
EY, Sionic and PwC named Europe's top wealth management advisors
The award for Best M&A Advisor went to PwC