04/17/2015
Close Brothers buys Scottish IFA
Andy Cumming, head of advice at Close Brothers Asset Management, said the acquisition will strengthen the group's integrated wealth presence in Scotland.
04/17/2015
Wealth managers flock to convertibles as volatility rises
Wealth managers have been reducing equity allocations and using convertible bonds to dampen the volatility of their multi-asset portfolios
04/17/2015
Poland’s Richest Billionaire Poised to See Borrowing Rate Halved
Poland’s richest billionaire is about to see borrowing costs for the chemicals maker he controls cut in half, thanks to Mario Draghi.
04/16/2015
Digital technology transforms wealth management industry
The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from.
04/16/2015
The sunny days have put me in a more literary mood. ”Now is the winter of our discontent made glorious summer” Richard III once famously announced.
04/16/2015
114K UHNW individuals relocated to UK over past decade
Last year, 15 people per day joined the ranks of ultra-high-net-worth individuals
04/16/2015
The fund primarily focuses on natural catastrophe risk and gains exposure through investments in cat bonds.
04/16/2015
Private equity firms circle £100m 7IM
Private equity firms are circling Seven Investment Management and could value the wealth manager at over £100m, Money Marketing understands.
04/16/2015
Guests were given the background to a carefully selected wine from each chosen area by sommelier Jonathan Simpkin
04/15/2015
ABN Amro agreed to transfer diamond and jewelry activities in India to IndusInd Bank Limited. These business activities were being conducted under cohabitation with Royal Bank of Scotland in India.
04/15/2015
The company is looking to focus entirely on wealth management, meaning that the main parts of its securities and employee benefits businesses are up for sale.
04/15/2015
The Marque is rapidly building a powerful membership base in London, with growing interest in business capitals across the world.
04/15/2015
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
04/15/2015
Norway's sovereign-wealth fund is pouring a bigger share of its cash into Africa in a bid to capture some of the fastest growth in the global economy.
04/14/2015
Vontobel Asset Management has revealed it will seek further growth opportunities after talks to take over Meriten Investments ended unsuccessfully.
04/13/2015
The acquisition is Bellpenny’s 25th, involving 100 active clients and £31m of funds under management.
04/13/2015
Panmure’s move emphasises the pressure on boutique brokers despite the recent health of Aim.
04/13/2015
The conference, entitled ‘Mapping the Future’, will take place on Wednesday 13 May
04/13/2015
Beware the risks before investing in the booming art market
The global art market is booming, but investing in art comes with considerable risks. Should you take the plunge?
04/10/2015
Mounting regulatory and operational costs are prompting a growing number of hedge funds to convert their businesses into family office structures, according to Citi Private Bank.