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.

03/06/2016

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.&

03/03/2016

Wealth managers’ push for scale triggers M&A surge

Scorpio reports that M&A activity saw $410bn of assets transferred in 2015, compared with $460bn the year before. However, both figures pale in comparison to the $780bn that changed hands in 2013, generated by 100 deals.

03/03/2016

Vanguard and 7IM to launch D2C platforms

The direct-to-consumer sector is set to take centre stage as Seven Investment Management 7IM and Vanguard Asset Management both enter this space in the coming months.

03/02/2016

Isle of Man: A New Banking Framework

In spring this year the Isle of Man will be introducing a new Alternative Banking Regime (ABR) to complement work on encouraging entrepreneurism and funding for new and expanding businesses.