03/24/2013
The boards of Schroders and Cazenove Capital Holdings have announced that they have reached agreement on the terms of the recommended acquisition by Schroders of the entire issued and to be issued share capital of Cazenove Capital.
03/24/2013
Net new business inflows of GBP3.5 billion in the two month period under review
03/24/2013
In August last year the FSA said it was continuing to interact with wealth management firms and would commence further thematic work.
03/21/2013
Cap on fund manager bonuses moves closer after Euro vote
The committee’s plan will now be put to a vote for the entire European Parliament in April.
03/21/2013
Fisher said the growth of DIY investment is “depressing”
03/21/2013
The two firms have confirmed the talks in market statements this morning. Schroders is considering a possible cash offer, with loan note alternative, for Cazenove’s entire share capital, the groups said.
03/21/2013
A tax hike could be the tipping point for many high-net-worth and ultra-high-net-worth individuals, who are the most mobile in society due to their abundant resources.
03/20/2013
Barclays chief lands £18m windfall
Barclays investment banking chief landed an £18m windfall after the bank handed out mammoth share awards to top bosses.
03/20/2013
Wheatley said one of the regulator’s major concerns was the poor customer service provided by some wealth managers
03/20/2013
Customer deposits grew £74m
03/20/2013
Wealth Manager understands the firm will hire an external team to spearhead growth in the region
03/19/2013
The FSA, along with the Treasury, needs to transpose the EU rules into law by July this year – but there will be a one year implementation period after that.
03/18/2013
7IM head of platform Peter Wyatt said the move was a response to adviser demand.
03/17/2013
The Schroder UK Alpha Plus fund returned 254.4 per cent over the 10 years to 31 January.
03/14/2013
Worldwide Wealth Collections collapses
It's gone into liquidation with debts of nearly £1million.
03/14/2013
Mr Odey took a £10m bet against the firm last November, although he told The Independent he "didn't dislike the company".
03/13/2013
Withers to launch new non-legal consultancy
The consultancy will be run by two acknowledged leaders in the consulting field, Kenneth McCracken and Amelia Renkert-Thomas.
03/13/2013
The implementation of the Retail Distribution Review has created a significant upswing in the number of IFAs partnering with DFMs.
03/13/2013
Mr Bramson said 2012 was “a year of significant change” as the firm sought to cut costs
03/13/2013
He also warned that the cap would undermine the system of bonus clawbacks for misbehaviour and poor performance, the FT said.