09/11/2023
New SJP CEO must be brave and overhaul fee model
They accused the company of not “evolving quickly enough” and said any new leader needs to be very “pro change”.
Wealth and Asset Management
09/11/2023
BNP Paribas Asset Management partners with Agricultural Bank of China Group to form wealth management joint venture
BNP Paribas ABC Wealth aims to develop innovative investment solutions to meet growing demand for wealth management in China
09/08/2023
JTC Shortlisted Twice In The 2024 Citywealth IFC Awards
JTC won one of these accolades, ‘Trust Company of the Year – Caribbean’, at the 2023 IFC awards.
09/08/2023
Close Brothers unveils new regional hub
Cheltenham office opened in August
09/08/2023
Quilter Cheviot launches Internship Programme to kick-start careers in investment management
University degrees were not a requirement for the programme to support Quilter Cheviot’s ambitions to increase diversity within the industry.
09/07/2023
Rathbones declares second interim dividend before Investec merger
Investec and Rathbones back in April entered into a definitive agreement to merge Rathbones with Investec Wealth & Investment.
09/07/2023
Society of Later Life Advisers partners with CGWM
In a bid to raise standards in the later life investment sector
09/07/2023
Nucleus Financial acquires Curtis Bank
The acquisition was approved by Curtis Banks shareholders in February and remains subject to a court sanction hearing.
09/06/2023
Goldman Sachs Asset Management wins UK’s largest OCIO mandate with BAE Systems
The move will see the scheme's in-house investment management team join GSAM towards the end of 2023
09/06/2023
Partners Group reports revenue growth of 19% supported by solid performance fee development
Performance fees increased to CHF 265 million and accounted for 25% of total revenues
09/06/2023
GAM convenes Extraordinary General Meeting of Shareholders
The current GAM Board proposes to approve Rock’s proposals and urges shareholders to vote accordingly.
09/06/2023
Atomos acquires IFA business Equanimity
The firm has 12 employees, offering advice to predominantly female, high-net-worth clients and business owners across financial planning, wealth management, and financial protection.
09/06/2023
Evelyn Partners sign deal for new Bracknell office
The new offices in Western Road will house the firm’s 210-strong Bracknell team in a modern development that is on track to become one of the most sustainable business parks in the Thames Valley
09/05/2023
WM Investment Performance Awards 2023: The shortlists revealed!
Our annual awards recognise the wealth firms that have delivered strong returns for clients in these challenging market conditions.
09/05/2023
ARC: Wealth managers warming to equities but shun UK
While sentiment strongest on bonds, according to August investment manager survey
09/05/2023
Mattioli Woods: a leading wealth management and employee benefit specialist
This strategic move by Mattioli Woods opens up a vast horizon for shared visions and holds immense potential for future growth.
09/05/2023
“Engagement is fatuous” – Quilter Cheviot challenges investment trust sector with long-term engagement programme
During this first phase of the long-term engagement, Quilter Cheviot met with the chairs and other non-executive directors (NEDs) of 41 equity investment trusts.
09/05/2023
TISE announces record turnover for H1 2023
Record turnover of £5.2 million despite the continued macro-economic headwinds
09/05/2023
The New UBS Embraces Shareholder Value
By 2026, UBS expects to reap cost savings of $10 billion dollars annually on a 15 percent return on equity.
09/05/2023
BRI Wealth Management expands with purchase of advice firm
The deal follows BRI’s purchase of Bransford Financial Planning in January which brought an additional £25mn of assets under management.