02/03/2013
UK's wealthy investors pile into US real estate
In many cases investors have almost double in US real estate compared to what they have in other alternative investments
Wealth and Asset Management
02/03/2013
Funds under management at Rathbones’ Bristol office breaches £1 billion
The office provides a range of investment services for almost 5,000 clients.
02/03/2013
AWD picks Standard Life Wrap for HNW clients
The move will see high-net-worth clients with investable assets of £375,000
02/02/2013
Quilter Cheviot in search for new premises
NEWLY merged fund management firm Quilter Cheviot is searching for larger office space in Liverpool
01/31/2013
Swiss Rothschild arm targets London in £2bn assets push
The London hub comprises a team of six led by Charles Goodman
01/31/2013
Charles Stanley aims for second spot in platform market
Mr Yearsley, who formerly worked at Bristol-based Hargreaves Lansdown, said Charles Stanley’s new platform will be a success if it moves up to second position in the market in the next few years.
01/31/2013
ARC Private Client Indices and Charity Indices
The Q4 2012 performance figures for the ARC Private Client Indices and Charity Indices have been calculated.
01/31/2013
Quadruple hire powers near tripling in Vestra profits
As it reported on its financial performance, Vestra pointed to the challenging conditions. However, in a filing to Companies House, the firm appeared to have navigated these smoothly, highlighting growth in its client bank ‘at a good price’ an
01/31/2013
Signia's Robinson hire paves way for Leeds and Manchester arms
The expansion plans follow the boutique’s hire of former Schroders Private Banking boss Rupert Robinson for the newly created role of head of wealth management.
01/30/2013
Berry Asset Management in Defaqto 5 Star rating double
The achievement of the maximum ‘5 Star’ Rating for multiple discretionary propositions across Defaqto’s two Discretionary Fund Management rating classes is a rare feat indeed.
01/30/2013
Seymour Pierce enters int’l asset management market
Until now, the company, which traces its roots back to 1845, has catered mainly for British investors
01/30/2013
Berry Asset Management wins 'Best Innovation' Award
Berry Asset Management has been announced as the winner of the ‘Best Innovation’ award at the inaugural ‘Portfolio Adviser Wealth Manager Awards’.
01/30/2013
UK private bank hits a double £1 billion milestone
When, more than one hundred years ago, George Gilbert Williams, president of the famously conservative Chemical Bank, was asked for the secret of his success, he replied: “The fear of God”. There’s nothing new under the sun!
01/30/2013
BNY Mellon feels the green as new administrator for UK private bank
BNY Mellon will provide a full suite of services to the Irish fund range including derivative execution, KIID production, daily performance reporting and share class hedging.
01/29/2013
How 7IM plans to beat its rivals in the private banking space
In May of last year it announced that it would start taking deposits and offering clients loans through its platform.
01/28/2013
Anything a private bank can do...
7IM reckons it can do better and more cheaply
01/28/2013
The future of wealth management services
Wealth managers are under pressure to rev up their profits. Over the past several years revenues have been sluggish, margins tighter, and costs - particularly those involving regulatory compliance - higher.
01/28/2013
Royal Bank of Scotland could hand £4m in bonuses to investment chief
His departure from the bailed-out bank has been the topic of speculation for many weeks ahead of a fine
01/28/2013
Oaktree WM launches international business
The firm, run by former Wealth Manager cover stars Jeremy Arthur and Ian Brady, Invesco Perpetual’s ex-head of fund of funds, is planning to target international clients through the new business to be led by Shah. He joins from Christchurch Investm
01/27/2013
Chocolate maker Ferrero confirmed as wealthiest Italian: Wealth-X
Michele Ferrero, owner of renowned chocolate maker Ferrero, is the wealthiest Italian, according to research published by data and information consultancy Wealth-X.