11/20/2018

Julius Baer grows 10M AuM by 2 pct

Assets under management at CHF 395 billion – Net new money growth close to 5% – Drop in client activity in Q3 affecting gross margin and cost/income ratio – Enhancing focus on core markets and reducing complexity

11/20/2018

Intrinsic loses large IFA firm

The firm runs a national partnership of 38 advice firms, which it hopes to grow to 45 by the end of the year.

11/20/2018

GAM Cuts Jobs in Slim-Down

The number of jobs wasn't disclosed, and appears to be as yet unclear due in part to U.K. labor law.

11/19/2018

AJ Bell sets minimum offer price for IPO

Major investors Invesco Perpetual and Seneca Investment Managers will take on a 180-day lock-in, as will former AJ Bell employees who still have shares in the company and wish to sell them.