05/04/2017
7IM reports tenth year of consecutive AuM growth
The firm also posted a 24% increase in the AuM on its platform but lost £340m of assets as a result of its decision to stop running institutional money.
Wealth and Asset Management
05/04/2017
Lender Targets High Net Worth Buy-to-Let Investors with New Range
The buy-to-let base rate tracker product currently has rates starting from 2.25% over Investec bank’s base rate of 0.25% at 50% LTV, with rates also available up to 70% LTV.
05/03/2017
JM Finn's discretionary AUM approach £6bn milestone
Chairman James Edgedale described 2016 as a year of two halves, with the majority of profits coming in the second half as market uncertainty was replaced by a quick pick-up in the wake of June’s Brexit vote.
05/03/2017
Chase de Vere profits increase as legacy compensation falls
National IFA’s bottom line benefits from a drop in historic compensation payouts
05/03/2017
Chase de Vere on acquisition trail in 2017
The firm made the same claims in April 2016, when it published its 2015 report and accounts
05/02/2017
Outflows slow for Aberdeen Asset Management
Interim Results for six months to 31 March 2017
05/02/2017
Lord Fink leads buyout of Signia founder's new boutique
All of the purchasing team previously served on the business’ advisory panel.
05/02/2017
Schroders UK Platform Awards 2017 offers new DFM award
The judging criteria have been provided by DFM consultancy, Discus
05/02/2017
Schroders adds total return fund to multi-asset range
The strategy will invest in currencies, commodities and other alternatives, as well as equities and bonds, with allocations split into three buckets.
05/02/2017
Billionaire investor Bill Ackman lists his £3.5bn Pershing Square fund in London
Ackman told Bloomberg today that he will “probably stay away from pharmaceutical companies” following the bumper loss.
05/01/2017
LGT Completes ABN Amro Purchase
The acquired business includes almost $20 billion in assets under management as well as over 300 employees, of which more than 200 are front office staff.
05/01/2017
Leadership organisation gets wealth firm Tcam onside
We’re proud to have Tcam on board as a corporate partner.
05/01/2017
Aberdeen and Standard Life pay £35m to prevent stars quitting
Aberdeen and Standard Life will pay big sums to prevent star fund managers quitting during their merger, Sky News learns.
04/28/2017
Barclays Wealth increases income
Barclays said the group performance reflected strong core results
04/28/2017
AUM up almost 15% at Coutts and Adam & Company
An operating profit of £33 million, £23 million, or 43%, higher than Q116. This increase is principally down to lower operating expenses
04/28/2017
Old Mutual Unit assets grow 6%
Old Mutual Wealth Gross, Net Flows and Fum update Q1 2017
04/28/2017
BNP Paribas Wealth Management launches four new digital platforms
As a wealth manager, we develop very close relationships with our clients
04/27/2017
Schroders says first quarter assets up 5 percent to 416.3 billion pounds
Schroders said it would no longer issue full results in its first and third quarters.
04/27/2017
Chase de Vere to offer commerce chamber members advice
These members are local businesses which have the capacity and ambition to grow.
04/27/2017
Continued Strong Growth For Nedbank Private Wealth
Growth in profit after tax was up 52% on the prior year in its wealth division, although this was distorted by a one-off extraordinary item in 2016.