05/30/2014
Baillie benefits from long-term approach
THE decade of success at Edinburgh investment house Baillie Gifford has arguably been down to its partnership structure and lack of short-term commercial pressures, a leading commentator has said.
Wealth and Asset Management
05/30/2014
Succession acquires two member IFAs
Accession, which specialises in taking on member firms with the potential of acquiring them in the future, has now bought a total of seven firms.
05/29/2014
Deutsche Bank, Former Executives Sue Each Other Over Move
The hirings violated a non-solicitation agreement and previous settlement over HPM’s recruitment
05/29/2014
Elevate platform: New Isa allowance will boost assets
Axa Wealth is preparing for a surge of assets under administration on its adviser platform
05/29/2014
Little acorn to mighty oak
OakTree’s Ian Brady says careful backtesting and research enables the boutique to hit above its weight
05/29/2014
UBS upbeat about growth potential at IMI, upgrades to 'buy'
The strategic review results with the first-half results in August should provide a positive message on improved growth.
05/29/2014
What the FTSE 100 Rotation Means for Fund Managers
Wealth managers are warning that active fund managers must take care to manage the challenge
05/28/2014
Barclays tips SJP to double AUM and grow partner numbers
St James’s Place has the most attractive dividend profile in the UK insurance sector
05/28/2014
Brewin Dolphin profits up 25% despite £1bn outflows
Other income continued to fall due to the imposition of new Retail Distribution Review laws, slipping 42% to £11.9m as margins decline on cash deposits trail income dwindles. - See more at: http://www.ifamagazine.com/news/brewin-dolphin-makes-margin
05/28/2014
DeVere chief defends his approach to hiring advisers
Advisers working for international wealth manager the deVere Group must have the right qualifications or they cannot progress in the company, Nigel Green has said.
05/28/2014
Barclays guide to giving away money
We know that clients in the South West are increasingly looking to become involved in giving
05/28/2014
Sal. Oppenheim selects CACEIS
CACEIS services 16 real estate investment companies in Germany
05/28/2014
Brewin Dolphin profits surge in H1 but advisory arm sees £1bn outflow
Wealth manager Brewin Dolphin reported a surge in profits in the half year to March, although it saw a large outflow from its advisory business.
05/27/2014
Close Brothers CDF Managed Fund range hits £100m milestone
CBAM’s investment proposition is differentiated because they embrace three complementary approaches: in-house direct management, open architecture and passive.
05/27/2014
Friends Life to receive offers to buy Lombard business
Philadelphia Financial targets high net-worth families through a network of intermediaries, and it views Lombard as an attractive opportunity to expand that area of its business, Sky News said.
05/27/2014
Bestinvest name to be dropped for B2B market
It has also been announced that Bestinvest’s current chief executive Peter Hall will lead the combined group, while Tilney Investment Management director Miles Robinson will head up Tilney for Intermediaries.
05/27/2014
ABN AMRO Private Banking wins ‘Best Overall European Private Bank’ and ‘Best Domestic Clients Team’
We are quite unique in pursuing a multi-domestic, multi-brand strategy
05/27/2014
Gore Brown’s founding duo on the perils of centralisation
We want to avoid something that is happening in larger companies where they apply an investment process
05/26/2014
Aberdeen chief predicts long hot summer of revolt over top pay
Martin Gilbert has accused the pay committees at some leading companies of stubbornly failing to consult shareholders
05/26/2014
Brewin Dolphin to tap ‘DIY savings’
The wealth manager, which declined to comment on plans for a new service, said in its year-end results for 2013 that “there is growing demand for a simplified, lower cost service.