03/11/2016
Wealth management group to float on Aim market
It said most of the proceeds will be used to fund further acquisitions and for small infrastructure costs.
Wealth and Asset Management
03/11/2016
Asset Risk Consultants signs Smith & Williamson Ireland
The Private Client Indices are a peer group comparison tool designed to provide insight in to the actual returns generated by private client investment managers.
03/09/2016
Capgemini Brings the Power of Salesforce Financial Services Cloud to Wealth Management Clients Worldwide
New cloud-based Financial Services offering provides fully integrated capabilities for improving wealth manager productivity and firm-wide agility
03/09/2016
St. James’s Place – The UK pension savings rate remains a major structural weakness
Despite George Osborne reportedly postponing pension tax reforms at the forthcoming Budget, the UK pension savings rate remains a major structural weakness and commentators believe individuals can ill-afford to pass up the tax-efficient savings opportunit
03/09/2016
When choosing a wealth manager, the personal touch is best
When Google’s European chief Matt Brittin was being grilled by politicians in London last month over the search engine giant’s tax arrangements, he caused uproar by admitting he did not know how much he was paid.
03/09/2016
Rothschild & Co announces acquisition of L&Co
Frank Demoen and Yves Vervaet will join Rothschild as managing directors
03/09/2016
Withhold bankers' bonuses for a decade, says Barclays man
Move would give managers a longer-term view of their business, opines new deputy chairman Sir Gerry Grimstone
03/08/2016
Ulster Bank and KPMG launch start-up hub in Northern Ireland
Each intake of up to 80 start-ups will be based at the Hatchery for six months, with the “most promising” given the option to continue for another 12.
03/08/2016
Wealth boutique launches asset management business and multi-manager range
The all-in fees range from 1.1% to 1.36% and the minimum investment is £1,000 for lump sums or £100 a month for regular savings.
03/07/2016
Credit Suisse Wealth-Management Head Has a Tough Task
Iqbal Khan’s mission—revamp a patchwork of disparate businesses—would be a challenge even in good times
03/07/2016
Norway Taps Its Oil Money ‘Piggy Bank’ to Cope With Economic Downturn
Norway's government has made its first withdrawal from the country's $826 billion sovereign wealth fund
03/07/2016
Old Mutual split could trigger Nedbank sale
Earlier this week, global banking group Barclays announced that it will be selling down its stake in Barclays Africa Group Limited – trading as Absa in South Africa.
03/07/2016
Credit Suisse Group: How to Revamp Wealth Management?
Business Finance News highlights the tough time Credit Suisse’s wealth management department is going through and give recommendation on how to improve situation
03/06/2016
Old Mutual planning £9bn carve-up of its business
It has a market value of £8.8bn as of Friday’s close.
03/06/2016
‘Ambitious’ style pays off for new Schroders chief
One top-20 shareholder warned that Mr Dobson, who has run the £313bn asset manager for the past 14 years, risked becoming a “back seat driver”.
03/06/2016
How the Grosvenor property empire spread across the world
Owned by Gerald Grosvenor, the 6th Duke of Westminster and Britain’s wealthiest man, the group has three arms: the property and fund management business; an industrial division made up of food and energy investments; and the family office, comprisin
03/04/2016
What the Kleinwort buy will mean for SocGen
The planned merger follows SGPB Hambros’ buys of Barings’ private client arm and ABN Amro’s private banking division in recent years, which Barnett classifies as bolt-on acquisitions.
03/04/2016
Lombard International Assurance introduces the Wealth Passport
Axel Hörger, CEO Europe, added: “We are excited to launch this solution which, against a backdrop of growing regulatory complexity, is tailored to meet the specific planning needs of US expats and prospective US residents currently in the UK.&
03/04/2016
UBS considers acquisitions to expand wealth management in Europe
UBS, the world's biggest private bank, sees growth potential in Europe because the wealth management market is still very fragmented with the biggest banks rarely holding more than a 7 percent share in a particular country.
03/04/2016
Choice Option Launches One-of-a-Kind Wealth Management Firm
These skills and expertise are some of the mastery that traders at Choice Option will provide for clients as the company prepares to open for business.