10/06/2016
Edmond de Rothschild manager puts half of fund in low-rated debt
The main contributor last year was to avoid the correct situations and to avoid the defaults.
Wealth and Asset Management
10/05/2016
Nervous Sarasin ups alternatives exposure
US profits are fading; cash and bond yields are gradually moving higher
10/04/2016
Close eyes three regional wealth gaps after fund arm sale
He also indicated the firm would like to expand its existing office in Manchester.
10/03/2016
Wealth firm snaps up East Anglian IFA
The company will add £25 million to AFH's funds under management.
10/03/2016
AFH acquires assets of CFS Financial Planning
An initial cash consideration of £378,920 has been paid upon completion.
10/03/2016
Cazenove snaps up London-based private bank
In a note, Schroders stated the acquisition fits with the firm’s strategy of growing its wealth management business.
10/03/2016
Plum launches private client division
New offering comes after integration with Synergy which it bought in February.
10/02/2016
Wealth manager to sell amid losses
Had accumulated losses according to its most recent accounts filed at the Companies Registration Office
09/30/2016
RBS overhaul sees Adam & Co become Scottish ringfence
RBS will transfer most of its existing personal, private, business and commercial customers to Adam Co.
09/29/2016
Setting high standards for private bankers of tomorrow
Be opportunistic, even if it means leaving your comfort zone
09/27/2016
More savers cashing in final salary pensions
An increasing number of final salary pension scheme members want to cash in their plans, according to Old Mutual Wealth
09/27/2016
Close Brothers operating profit up
Adjusted operating profit up 20% to £200.6 million and adjusted basic earnings per share up 25% to 104.1p
09/27/2016
Close Brothers sells funds arm
OLIM's property investment management business was already sold in July 2011 to the management team for £3m.
09/27/2016
Societe Generale expands its private banking offering in Serbia
Societe Generale Srbija’s clients will be served by dedicated staff located in a private banking centre in Belgrade.
09/27/2016
SANNE to lead industry seminars and speaking events across Europe
SANNE will also be leading more seminars and speaking events through to the end of the year.
09/27/2016
St James's Place: "The need to prepare for unsteady futures"
Donald Trump’s unpredictability means investors should prepare for macroeconomic shock.
09/27/2016
Credit Suisse CEO sees no letup to challenges
The same trend of depressed client activity in the second quarter "has continued" into the current period, Mr. Thiam said. Credit Suisse is expected to report third-quarter results on Nov. 3.
09/26/2016
Adapt or die-out in a new world of private banking
The winning formula for private banks as it was in the past decade won’t work going forward
09/26/2016
Wealth managers' business optimism nosedives post-Brexit
The survey revealed that companies are aiming to slowdown recruitment, due to ongoing pressure on margins.
09/23/2016
Private wealth management no longer the preserve of the rich
Retirement planning and the low-interest-rate environment are driving demand for impartial investment advice