07/06/2014
Biggest Wealth Fund Forms New Real Estate Group
The new executives will have key roles in implementing a new organizational structure
Wealth and Asset Management
07/06/2014
Goldman plans wealth mangement push
Goldman Sachs is expanding its European wealth management business to offer loans to rich clients in a move that is taking it further into the domain of centuries-old private banks in Europe.
07/04/2014
Luxembourg eyes Europe bridge
Gramegna also said Alipay, a major online payment platform in China, would set up its European entity in Luxembourg following other Chinese financial companies.
07/04/2014
European Wealth increases FUM
European Wealth's funds under management and influence grew by 24.2% to around £0.82bn in the six months to the end of June.
07/04/2014
Succession and Vestra launch on-platform DFM
National adviser company Succession has teamed up with Vestra Wealth to offer an on-platform discretionary fund management service for its advisers, Simon Chamberlain has confirmed.
07/04/2014
Gemini Wealth Management makes 7th acquisition
This takes the total number of acquisitions and recruitments to 7 since its inception in December 2006.
07/04/2014
Luxembourg seeks increased financial cooperation with Singapore
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
07/03/2014
Liontrust sees £190m net inflows in Q2
This was down from £302 million in the same period last year, although £179 million of that figure was down to the launch of its credit strategy.
07/02/2014
Bethmann Bank to extend services to EAMs
Frankfurt-based Bethmann Bank has announced that it will extend its existing range of services to external asset managers (EAMs).
07/02/2014
Performance review: How Coutts’ Higgins is preparing for 10% US correction
Coutts’ chief investment officer Alan Higgins said tightening by the US Federal Reserve next year could result in a 10% correction in US equities, which investors should view as a buying opportunity.
07/02/2014
UK wealth management group underlying earnings up 37%
Revenue was down at £31.5m from £32.6m but underlying earnings before interest, tax, depreciation and amortisation rose to £3.78m from £2.76m and the pre-tax loss of £2.0m was down from £2.5m last time.
07/02/2014
Mattioli Woods reveals client assets up 27%
These are significant milestones, marking the next phase in our development as a 21st century financial services business
07/02/2014
Plymouth wealth management firms merge
The business now has nine qualified and independent advisers
07/02/2014
Russians in the City London Club opens its branch in Moscow
In London the Club bands Russian-speaking professionals in finance industry: lawyers, bankers, sales and IT specialists.
07/02/2014
Luxembourg Targets Deeper Financial Ties With China; Hosts Another Chinese Bank
From there, they manage a European network and help Chinese clients in their European trade deals and investments.
07/02/2014
Close Brothers Asset Management launches second ‘Future Leaders Programme’ to support the next generation
Designed to pass on knowledge and insight to talented youngsters, participants will tackle philanthropic challenges and business strategy planning activities as well as cultivating important professional skills, such as presenting.
07/02/2014
WH Ireland expands wealth management division
WH Ireland has unveiled plans to open a new Milton Keynes office in an expansion of its wealth management division.
07/02/2014
How to become a NISA Millionaire starting today by Brewin Dolphin
The wealth manager has revealed that it already has 15 ‘Isa millionaire’ clients, whose Isa pots have broken the magic million pound barrier. A further 40 have assets in ISAs of well over £750,000.
07/02/2014
Profits at private bank rise to £16.5m
The bank's return to robust health saw bad debts fall from £7m to £1m last year and enabled it to pay a £25m dividend to its taxpayer-owned parent.
07/01/2014
Ex-Rathbones boss Pomfret takes Thai adventure on Aberdeen trus
Pomfret stood down as Rathbones chief executive in February after 10 years at the helm. Under his watch assets under management at the wealth firm rose from £5 billion to £22 billion.