09/06/2017
SJP and HSBC ditch contracts with disgraced PR firm
It used Bell Pottinger on specific contracts in the past but will no longer do so.
Wealth and Asset Management
09/05/2017
Syz Asset Management Furthers Foreign Expansion
The great pool of wealth available in Spain was the main driver for Syz to seek the expansion, the company said.
09/05/2017
Acquisitions boost Mattioli Woods profits
We believe our capabilities as trusted adviser, administrator, product provider and asset manager allow us to deliver improved and sustainable client outcomes.
09/04/2017
China’s Legend Holdings to buy Luxembourg bank from Qatar’s Precision Capital
Chinese companies have become increasingly interested in European banks despite the sector’s low profitability.
09/04/2017
Old Mutual Wealth splits funds unit into two
OM Wealth said it will now work with the management of Old Mutual Global Investors to examine “internal and external structures for the single-strategy business to continue to develop it further.”
09/04/2017
Private bank accused of witch hunt
She has hit the firm with a tribunal.
09/04/2017
Wealth managers begin to outsource in drive to cut costs
Mid-tier companies react to tightening operating margins and rising compliance costs
09/04/2017
SYZ Asset Management opens office in Madrid
The opening of the Madrid office is another step in the Group's drive to strengthen its client service and business development capabilities.
09/04/2017
UBS Wealth That Foresaw Euro Rally Now Sees a Correction Looming
The euro began the year on a bleak note as analysts were bullish on the dollar given the lofty expectations surrounding then newly elected President Donald Trump’s fiscal reforms.
09/01/2017
Smith & Williamson and Rathbone Brothers end merger talks
It had incurred a £5m charge for expenses related to the prospective merger.
09/01/2017
Majority of asset managers to absorb external research costs
Big fund houses to pay for analysts’ work as sector prepares for European rule change
09/01/2017
Old Mutual acquires £205m advice firm
The deal is the latest in a string of acquisitions for the Old Mutual advice business.
09/01/2017
JERSEY Finance: New campaign to boost finance industry image
Most people in Jersey don’t use our services and we’ve got to explain what those are
08/30/2017
JOHCM to set aside £5m to fund external research
Several large asset managers, including JP Morgan AM, Vanguard, M&G, Jupiter and Woodford Investment Management have said that they will pay for external research, but have not revealed the anticipated cost.
08/29/2017
Financial planning experts open in town
Samantha said: “We believe that first-class customer service is of paramount importance."
08/29/2017
Valartis reports significantly loss in the first half year
This loss is mainly due to follow-up costs for the group restructuring of the last years and currency adjustments on balance sheet assets.
08/29/2017
Liechtenstein's LGT Bank plays up princely ties to woo Asian clients
LGT signalled its intent to expand in emerging economies last year when it bought ABN Amro's private banking operations in Asia and the Middle East, which came with $20 billion in assets.
08/29/2017
Wealth giant tries to gatecrash £2bn Smith & Williamson merger
One insider close to the situation described the value of the two bids as "comparable", but said the Tilney offer would provide "greater certainty" because it would be entirely in cash.
08/29/2017
Wealth manager lets clients see all assets in one place
The portal safeguards data by using bank-level security and 128-bit encryption.
08/29/2017
Passing the Baton for Coram - celebrating the 325th anniversary of Coutts
Peter Flavel, Coutts CEO commented: “We wanted to mark the 325th anniversary of Coutts by giving all our colleagues around the country the opportunity to take part in something truly memorable that visits all 15 of our regional offices. I am delight