09/19/2017
LLB Set to Go Shopping
We are growing above-average in both dimensions.
Wealth and Asset Management
09/19/2017
SVM Asset Management to pay broker research
Absorbing research costs means investors can access the SVM fund range at lower, more transparent fee.
09/19/2017
Canaccord Genuity completes acquisition of UK wealth manager
Is is one of the UK's leading independent investment and wealth management businesses, with more than £8.0 billion (C$13.5 billion) in assets under administration, management and management contract.
09/19/2017
St James’s Place eyes up Dublin boutique investor Harvest
Possible link-up in the offing as FTSE 100 investment giant looks to expand into Republic
09/19/2017
BNP Among Firms Eyeing Axa Fund-Management Tie-Up
Axa rose as much as 0.6 percent to 24.81 euros by 12:35 p.m. in Paris
09/19/2017
Raymond James enters distribution deal with Alliance Bernstein
The wealth manager's parent company Raymond James Financial already has a relationship with AB in the US.
09/18/2017
AIB’s €1.5bn push on rich pickings
AIB Private Banking is currently recruiting 10 staff to add to its headcount of 75 in Dublin, Cork and Galway.
09/18/2017
Old Mutual’s local shareholders to gain access to £1-trillion retail wealth market
The unit will list on the London Stock Exchange, with a secondary listing on the JSE, following the release of Old Mutual plc’s annual results in March and in order to complete the group’s managed separation.
09/18/2017
European Wealth plans pivot to pension management
The company had earlier taken on short term bridging finance in order to repay a tranche of convertible loan stock.
09/18/2017
Harrods Bank closes after years of losses
Harrods Bank found favour with wealthy clients from the Middle East, in particular rich Saudis, who held accounts to fund their shopping sprees on their annual summer visits to London.
09/18/2017
Fintech firm opens up 'elite' hedge funds for wealth managers
Fund managers will be charged a fee to be on the platform.
09/18/2017
Baar wealth manager launches into UK
The four remaining funds are Absolute Return, Global Fixed Income, US Convertible Debt and Active Precious Metals.
09/15/2017
Vistra to Acquire Corporate Services Business from Deutsche Bank
This additional expertise in the Capital Markets sector will have a significant impact on our Alternative Investments division
09/15/2017
Deutsche Bank Presses On With Wealth Business Consolidation
To do that effectively and efficiently, we need to choose.
09/15/2017
Bids for Old Mutual's funds arm headed by Richard Buxton due in less than three weeks
Old Mutual is reportedly aiming to sell the business for at least £500m.
09/14/2017
7IM to rename and cut charges on Unconstrained fund
Tom Sheridan, CEO at 7IM, says conversations with advisers highlighted that using ‘unconstrained’ in the fund’s name inferred it was a higher risk product than is actually the case.
09/14/2017
Old Mutual Wealth's Feeney on the managed separation road
It also revealed that Old Mutual had put £200 million into the wealth arm to prepare it for its planned spin-off.
09/14/2017
From IPO to IPO: 10 years in the life of Smith & Williamson
We highlight the major events at the company since it abandoned initial float plans.
09/14/2017
Erste Bank Hungary to merge investment, private banking arms
The new division will offer the benefits of independent securities market services while taking advantage of its banking foundation.
09/14/2017
Funds boutique on buy hunt as revenue doubles
The launch of the Long-Term Investment Solutions platform, and the first close of BSIF on 16 June 2017 at £150 million, was a milestone for the Group.