12/03/2013
Newly established investment management company Cameron Hume Limited has appointed Northern Trust to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.
12/03/2013
The provider’s UK life chief executive said UK platform assets had reached almost £7bn by the end of the third quarter of 2013
12/01/2013
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.
12/01/2013
Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.
12/01/2013
The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.
12/01/2013
Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.
12/01/2013
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
11/29/2013
Dominant City has most €1m bankers in EU
European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London
11/28/2013
UBS shrinks advisory team for rich in emerging markets
The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.
11/28/2013
Mattioli Woods has put the brakes on property syndicates after the regulator stated Ucis should only be promoted to more strictly defined “sophisticated investors”.
11/28/2013
A number of organizations and institutions in Norway have for some time been advocating such a reform.
11/28/2013
The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.
11/28/2013
Spain’s Banco Santander SA paid an average of 207,000 pounds, while Lloyds Banking Group Plc paid the least, at 158,000 pounds.
11/28/2013
Howden Insurance Brokers has launched a private client division and appointed Simon Aitken as managing director of it.
11/27/2013
The manager now has just 2 per cent of his £223.6m Premier Multi-Asset Distribution fund invested in European equities.
11/27/2013
Italy's networks of financial advisers' contribution to flows into open OICRs was above €1bn, equal to 62.6% of total net inflows to the sector (€1.6bn).
11/27/2013
A novel means of measuring and monitoring over time the value advisers deliver to their clients has been launched by Vanguard Asset Management.
11/27/2013
Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".
11/27/2013
France's asset management industry has remained strong and dynamic in a challenging global environment, the AFG and PFI said during their first roundtable in London this week.
11/27/2013
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.