09/05/2023
Former City Asset Management investment director starts wealth boutique
Daniel Minett is collaborating with P1 Investment Services to develop a wealth management firm that will combine DFM customer services with innovative technology.
Wealth and Asset Management
09/05/2023
Caledonia Investments to sell stake in wealth manager 7IM for $321.5 mln
The deal furthers the consolidation in Britain's money management industry as private equity firms look to snap up investment advisers to either sell them to a competitor or publicly list them.
09/04/2023
St James’s Place business model under scrutiny after fee cut
As some clients complain about opaque charges, investors worry recent reduction could be just the start
09/04/2023
LGT completes acquisition of discretionary fund management business of abrdn in the United Kingdom
The transaction has also expanded LGT Wealth Management’s footprint in the UK with the addition of offices in Birmingham and Leeds.
09/04/2023
Ex-Brooks Macdonald investment director launches DFM
Daniel Minett has teamed up with P1 Investment Services to launch Five Horizons Wealth Management.
09/04/2023
Celebrate seasonal changes with THANK YOU FROM COUTTS
There’s also the chance to make positive changes in the lives of vulnerable people through the Prince’s Trust.
09/04/2023
Stonehage Fleming Holds Final Close on Private Capital Annual Vintage Programme Raising in Excess of $130 Million for the 2023 Fund
The programme’s disciplined portfolio construction aims to lower the risk profile for its clients compared with many of the alternatives.
09/01/2023
Evelyn Partners completes the acquisition of Dart Capital
Dart Capital is a well-established boutique wealth manager based in the City of London with £750 million* assets under management and a team of nineteen people.
09/01/2023
Paul Lorentz, Manulife Asset & Wealth Management: Canada to Europe, via Asia
As an insurer, Manulife already has a global footprint and a remarkably strong presence in Asia, where it has been operational for many decades.
09/01/2023
Quentin Marshall takes over as CEO at Weatherbys Banking Group
Weatherbys Managing Director has replaced Roger Weatherby as CEO, who will step up to the role of Chairman as part of the family-owned group’s long-term succession plans.
08/31/2023
Pictet announces first-half 2023 figures
The Pictet Group’s total capital ratio remained strong.
08/31/2023
The ESG rules all SJP fund managers must now comply with
SJP's model is to outsource the management of the funds its clients are invested in to third party firms, with the funds then operated under the SJP label.
08/31/2023
Credit Suisse AG, a UBS Group company, announces second quarter 2023 financial results
Provided below is a reconciliation of Credit Suisse’s adjusted results to the most directly comparable US GAAP measures.
08/31/2023
REYL Intesa Sanpaolo triples its net profit in the first half
REYL Intesa Sanpaolo is pursuing an organic growth strategy based on high-potential institutional partnerships and is confident of making further progress in the second half of the year.
08/31/2023
UBS to reduce Swiss workforce by 3,000 in $10 billion cost-cutting move
The world's largest wealth manager could have spun off the business and floated it in an IPO but the domestic bank has been a solid profit-maker for Credit Suisse and last year it was the only division in the black.
08/31/2023
Westbrooke's UK private debt fund achieves R400m record raise from SA investors
This is notable as the large portion of the fund’s investor base comprises South African connected capital.
08/31/2023
2023 1st half-year: Mirabaud announces results in line with its Strategic Objectives and continues to demonstrate its solid financial position
Group assets were CHF 31.5 billion six months earlier.
08/30/2023
Tanja Cuppen not available for reappointment as ABN AMRO Chief Risk Officer
Tanja Cuppen joined ABN AMRO as CRO in October 2017 and was reappointed in April 2021 for a period of three years.
08/30/2023
Key regulatory considerations in wealth management M&A
What constitutes “control” varies depending on the regulatory classification of the Target.
08/30/2023
Vontobel launches private markets offering
Our collaboration with Portfolio Advisors, LLC is the first step we are taking in the implementation of our private markets strategy