06/01/2018
International wealth boutique buys into UK IFA
London-based wealth manager Dolfin has formed a strategic partnership with the advisory group Alexander House Financial Services.
Wealth and Asset Management
06/01/2018
Jersey Crowned Best IFC at WealthBriefing Asia Awards 2018
Jersey has won the award for ‘Best International Finance Centre’ at the WealthBriefing Asia Awards 2018, underlining the jurisdictions reputation as a world-leading international finance centre (IFC).
05/31/2018
The 20 most expensive cities in the world
UBS Global Wealth Management has published its study into the cost of living around the world.
05/31/2018
Union Bancaire Privée to acquire Luxembourg private bank
UBP has the necessary capacity to further develop the products, services and operations in Luxembourg, while Carnegie can focus on its domestic markets
05/31/2018
Hawksmoor Posts Strong Growth and a Return to Profitability in 2017 Annual Report
The Distribution Fund passed the £100m mark in 2017
05/30/2018
Invesco is embroiled in a row with its former fund as it refuses to lower management fees
They also were not proposing to charge a performance fee, which Invesco did.
05/30/2018
UBS Wealth in big hedge fund push
The firm’s recommended allocation is indeed big compared to other private banks.
05/30/2018
Deutsche Bank merges private and commercial business
DB Privat- und Firmenkundenbank AG concludes legal merger of Postbank and Deutsche Bank’s private and commercial clients business
05/29/2018
Old Mutual confirms plans to sell up to 10% of shares
Old Mutual sold single strategy asset management business Old Mutual Global Investors to a partnership of OMGI chief executive Richard Buxton, the senior management team and private equity.
05/29/2018
Tilney working with Charities Aid Foundation to give charities investment advice
Tilney’s experience means it is well-placed to offer advice to charities which use the CAF Investment Account and other CAF investment services to manage their investments.
05/29/2018
Red Deer selected by Close Brothers Asset Management to support MiFID II processes
This approach has the added advantage of preventing inducement across the firm.
05/29/2018
Two industry heavyweights make major announcements
According to the SLA board, it expects there will be capital within the group as a result of the sale and anticipated lower capital requirements.
05/25/2018
Up Close With Julius Baer
The bank probably will move into the new offices at the end of 2020 after what it says will be a careful renovation of the building.
05/25/2018
SJP replaces BlackRock on alternatives fund amid raft of changes
Hires Wellington Management
05/24/2018
Interim Management Statement for the first four months of 2018
Assets under management at record CHF 401 billion – Robust net new money inflows – Gross margin improvement driven by step-up in client activity – Cost/income ratio(2) inside target range
05/24/2018
Raiffeisen sells Notenstein La Roche to Vontobel
This complements Vontobel’s steady organic growth in wealth management over the past few years and, at the same time, strengthens its position as one of Switzerland’s leading wealth managers.
05/23/2018
UBS Rises to JPMorgan's Top Bank Pick in Wealth Management
About 60 percent of UBS’s invested assets come from ultra-high-net-worth individuals.
05/23/2018
Boutique wealth manager takes stake in Optimus Capital
GWM declined to reveal how much of an interest it has taken in Optimus or the amount it paid for the stake.
05/23/2018
Offering wealth management into the UK out of Asia after Brexit
Brexit will have significant ramifications for the Financial Services Industry in the UK, and will undoubtedly result in a number of regulatory changes for wealth management businesses involved in cross-border sales to the UK.
05/23/2018
Award-winning wealth manager opens new office
The new office is located in the Turkey Mill Business Park, which is set in 20 acres of landscaped grounds and located half a mile from the town centre. I