08/24/2018
Wealth management firm changes tact to attract talent
The Salford-based company specialises in protecting the financial assets of vulnerable people
Wealth and Asset Management
08/23/2018
SW Mitchell profits doubled ahead of losing SJP mandate
Boutique manager replaced on sub-advised funds totalling more than £750m
08/23/2018
EFGAM launches New Capital US Future Leaders Fund
Business sectors currently favoured by the Fund include Technology, Healthcare, Financials and Consumer Discretionary.
08/23/2018
BCV Profit Rises
On the liabilities side, customer deposits grew 2%, or CHF 519m, to CHF 31.0bn
08/23/2018
MD Completes buyout at wealth management firm
"Neil and I have grown the business successfully together over many years and the time was right for me to fully take the helm."
08/23/2018
Raiffeisen reports rise in AUM
These results were recorded just after Finma concluded its investigation into Raiffeisen Switzerland
08/23/2018
Tilney model portfolios added to challenger platform
This is the twelfth platform on which the Tilney portfolios have become available.
08/23/2018
Gresham House celebrates positive results
Total realisations of £24.2m in the 3-year period, cumulatively generating £9.0m realised profits at 28.5% IRR and 1.60x money, significantly exceeding target returns
08/22/2018
VP Bank H1 net income drops 7%
The bank’s cost/income ratio in the first half of 2018 stood at 70.3%, versus 64.6% last year.
08/22/2018
HSBC Private Bank targets UK in 240-strong global hire spree
The drive is part of a wider expansion of the unit’s global headcount
08/22/2018
Redington to advise independent Norwegian wealth manager
The deal represents a clear sign of the firm’s commitment to grow internationally and service new client markets.
08/21/2018
Ten asset managers doing time in the dog house
The fund groups with the most assets under management in ‘Spot the Dog’ funds
08/21/2018
Baillie Gifford mulls multi-asset trust launch as it takes crown from JPMAM
Now the largest provider of investment trusts
08/21/2018
Old Mutual Wealth calls for IHT nil-rate band rethink in Treasury open letter
She says a more simple solution would be to raise the standard nil-rate band and remove the residence nil-rate band.
08/21/2018
World’s Biggest Wealth Fund Struggles Under Weight of Trade War
Like many global investors, however, it’s warning about the impact on the world economy of rising protectionism after U.S. President Donald Trump imposed tariffs on key trading partners.
08/21/2018
Brevan Howard Cuts Office Perks in London Headquarters
Firm continues to rent on first floor of Marylebone space
08/17/2018
JTC acquires corporate and fiduciary services firm
The principal managers of Van Doorn, who are also shareholders of the Seller, Mr Aravind Ramanna and Mr Eke Verbeke, will join JTC at completion.
08/17/2018
SJP victorious in unsuitable advice claim
He claimed the schemes failed to be as effective in mitigating these liabilities as he had been led to believe by SJP advisers.
08/16/2018
How to pass on wealth to the next generation and beat inheritance tax by encouraging them to invest
More people are choosing to pass on their wealth while they are still alive and can see their loved ones benefit - and to take advantage of the seven-year rule that can keep it free of inheritance tax.
08/16/2018
DeVere’s UK profits hit by regulatory investigation
Significant costs push annual losses up 30%