08/26/2014
Bellpenny closes £27m joint venture with Henderson
IFA consolidator Bellpenny is set to close its £27 million fund joint venture with Henderson Global Investors following a strategic decision to move to a discretionary model.
Wealth and Asset Management
08/26/2014
Europe Bank Cleanup Driving $1.72 Trillion of Asset Sales
Europe’s largest banks are finally putting hundreds of billions of dollars of unwanted assets up for sale amid mounting competition among buyers and regulatory pressure.
08/25/2014
RBS could split Coutts International to woo Asian buyers
RBS will start the process saying they are selling it as a whole
08/22/2014
Sanlam Private Investments plans to increase scale of Yorkshire operations
The investment and wealth management company is opening an office in Thornaby, Stockton on Tees to complement its operation in Harrogate.
08/22/2014
Heartwood launches proposition for Handelsbanken clients
Handelsbanken acquired Heartwood in May 2013.
08/21/2014
Bridgepoint explores Quilter Cheviot IPO or sale by year-end
The two businesses are now integrated and Quilter Cheviot is currently in the throes of moving both onto the same platform
08/20/2014
Guernsey’s Evolution Makes It The Perfect Family Office Solution
The provision of family office solutions and services makes perfect sense for a jurisdiction such as Guernsey, explains Fiona Le Poidevin, Chief Executive of Guernsey Finance.
08/20/2014
Brewin Dolphin to restructure Yorkshire operations
While we recognise this is a sad day for York, we are continually reviewing how we conduct business to ensure our clients receive the best possible service.
08/20/2014
Basingstoke-based McLeod Browne merges with Hart Financial Management
We are delighted to have Karl and his clients onboard.
08/20/2014
U.S. private equity firm appoints Rothschild to sell the public sector division of its software firm
The company will be auctioned to private equity firms later this year and could be worth around $600 million, the sources said.
08/20/2014
Royal London aims to quadruple Ascentric AUM after 'quiet' 2014
Market gains have nonetheless helped boost assets under management from £6.2bn to £8bn, a 30% gain.
08/19/2014
Skandia repurposes investment bond for expats in Spain
Skandia International has launched a flexible offshore investment bond for the British expatriate market in Spain.
08/19/2014
U.K. Regulator ‘Comfortable’ With Fund Managers Earning Millions
Fund managers are entitled to be paid millions of pounds if they’re delivering high returns for investors, the U.K. markets regulator said, the first sign it won’t seek to impose wage caps on the industry.
08/18/2014
UK can rule the world in asset management
London’s global capital market has helped to make the UK a premier centre for asset management
08/18/2014
Hume Capital Securities nets deal with Wealth Manager
Finance firm Hume Capital Securities has secured a ‘significant’ deal with a Malaysian wealth management firm.
08/18/2014
UK and Cayman: Looking beyond the pomp
The usual prism through which Cayman interacts with the U.K. is the Foreign & Commonwealth Office
08/18/2014
Van Lanschot the new sponsor of the Van Gogh Museum
The Van Gogh Museum and Van Lanschot have announced today that they have entered into a sponsoring agreement.
08/18/2014
Close Brothers updates ‘at retirement’ proposition
Close Brothers Asset Management is repositioning its ‘at retirement’ offering to provide consumers
08/17/2014
Raiffeisen open to making acquisitions in private banking
He said it was easier to grow in the asset management sector than private banking at the moment, due to uncertainty surrounding tax issues.
08/15/2014
IFAs on the hook for collapsed £60m offshore investment scheme
The largest investor backed the venture with £5m, although the majority were smaller investors with between £10,000 and £30,000, and are understood in part to be the clients of UK-based IFAs and wealth managers.