03/04/2020
Sanlam shifts sub-£300k clients to ease pressure on wealth managers
Smaller clients will be transferred to the firm's multi asset funds as chief executive Penny Lovell aims to increase its average portfolio size to at least £1m.
Wealth and Asset Management
03/03/2020
Sold Quilter life business to become closed book
Current clients will not be affected and have all options still available to them
03/03/2020
UKSPA launches free portfolio analysis tool
Portfolio Optimiser allows users to either create their own structured product for analysis
03/03/2020
How to get millennials interested in their finances
Very soon, a new generation will be controlling investment decisions with a different approach and strategy.
03/03/2020
Investors Trust and Aiva join forces in Latin America
This is an important milestone in our efforts to use our combined professional experiences to collectively grow and reach new heights in terms of service and distribution."
03/03/2020
Coronavirus concerns: the asset classes WMs are fleeing
Within fixed income, emerging market (EM) bonds are set to recieve the most inflows as 65% of the respondents said they are expecting to up their exposure to the asset class within the next 12 months.
03/02/2020
Bigger means better for asset managers merging to survive
Jupiter’s swoop for Merian shows how times are changing in the sector as bold moves replace the normally staid practices of fund handlers
03/02/2020
Schroders set to change results reporting to woo City analysts
At the end of last year Schroders embarked on a restructuring drive which could lead to 200 job cuts globally.
03/02/2020
Investec AM valued at up to £2.1bn in IPO
The shares will list on the London Stock Exchange on March 10 and the cash raised will be retained by the parent company.
03/01/2020
Schroders, chaired by Michael Dobson, prepares City charm offensive
The 216-year-old group, chaired by Michael Dobson and still controlled by the Schroder family, has traditionally split out its performance along the lines of retail and institutional fund management.
02/28/2020
J. Safra Sarasin Group announces robust results in 2019
2019 has seen the issues of environment and sustainability dominate the headlines.
02/28/2020
Alantra WM boosts business growth in northern Spain
It has also been reported that the new office has already managed to raise some €300m of new capital.
02/28/2020
Lombard Odier Group reports results for 2019
Client assets up 16% to CHF 299 billion
02/28/2020
UBS cuts chairman’s wage and CEO’s bonus following CHF4bn French fine
In addition, UBS’ board of directors will reduce fees for all of its members and eliminate the share price discount, effective from the 2020 annual general meeting.
02/27/2020
World Heart Beat Music Academy announced as ZEDRA’s first international charity partner
ZEDRA has a proud track record of supporting local communities in the countries it operates in around the world.
02/27/2020
St. James's Place full-year operating profit down 5%
Record funds under management and confidence in our business underpins 5% increase in final dividend.
02/27/2020
Hurun Global Rich List 2020
The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.
02/27/2020
SJP boasts a quarter of new chartered planners
Despite this the advice firm reported "record" funds under management of £117bn last year, up from £95.6bn in 2018
02/26/2020
A Private Bank That Survived the Nazis May Be Broken by German Tax Scandal
Longtime chairman Olearius forced to leave supervisory board
02/26/2020
Pictet Wealth Management to open banking branch in Monaco
From a legal point of view, the new banking branch is affiliated to Pictet & Cie (Europe) SA, the Group’s bank in Luxembourg.