05/19/2022
Mishcon de Reya successfully defends £4 million claim brought by a former employee against Canaccord Genuity Limited
He alleged that he had been promised a retention award of £1 million of Canaccord shares in summer 2015.
Wealth and Asset Management
05/19/2022
Julius Baer Outlines its New Targets
Significant improvement in gross margin and adjusted cost/income ratio compared to second half of 2021 – Assets under management impacted by markets downturn and client deleveraging – Julius Baer well on track to deliver on 2022 targets
05/19/2022
Bearish positioning increases the risk of a market rebound
World inflation nowcaster: long-term (left) and recent evolution (right)
05/19/2022
Light at the End of the Tunnel?
The maximum drawdown in the current fall of 2022 has been 16%
05/19/2022
PraxisIFM reports solid results as business embarks on a new growth era
The Group is also targeting a more balanced portfolio, with Private Wealth currently accounting for two-thirds of revenue.
05/19/2022
Julius Baer cuts Moscow ties; outlines Russia exposure
Julius Baer, which has been complying with relevant national and international sanctions on Russia, stopped accepting new Russian clients following Russia’s invasion of Ukraine.
05/19/2022
Major Credit Suisse shareholder calls for CEO to be replaced
A managing partner at Artisan Partners told Reuters that Thomas Gottstein should be removed from his position due to poor performance during his tenure.
05/18/2022
Cazenove Capital grows Wealth Planning team across the UK
The recent appointments mark the latest in a series of strategic hires to grow Cazenove Capital’s Wealth Planning
05/18/2022
Schroders celebrates first anniversary of Schroder Investment Solutions
This aligns with Schroders’ recent adviser survey which revealed that 75% of advisers saw an increase in the number of clients asking for sustainable investment options in 2021.
05/18/2022
Approach philanthropy as you would your wider investment strategy – Kate Boswell
Helping clients develop a framework for their philanthropic giving
05/18/2022
Cazenove Capital’s CEO named one of the 50 Most Influential in UK Wealth management for third consecutive year
Cazenove Capital and the Schroders Wealth international businesses enjoyed a very successful 2021, with organic net flows from new and existing clients of over £3 billion.
05/18/2022
ABN AMRO reports net profit of EUR 295 million in the first quarter
Demand for credit was good and both the mortgage and corporate loan books grew.
05/18/2022
Apex Group announces acquisition of the Maitland business
This strategic acquisition adds $200bn of Assets under Administration and $17bn of Assets under Management to the Apex platform.
05/18/2022
Ninety One reports record full-year earnings and AUM
Ninety One proposed a final dividend of 7.7 pence, resulting in the full-year dividend increasing 16 percent to 14.6 pence a share.
05/18/2022
Carey Olsen shortlisted in the Chambers High Net Worth Awards 2022
The awards look to celebrate the achievements of firms and individuals over the past 12 months by recognising outstanding work, impressive strategic growth and excellence in client service.
05/18/2022
IQ-EQ wins two awards in 2022 Citywealth Magic Circle Awards
Winners were revealed at last night’s black tie gala dinner in London
05/17/2022
abrdn launches JISA on Wrap
The JISA will have access to the full open architecture suite of funds currently available to Wrap users and can also accept transfers of funds currently on the platform.
05/17/2022
South African wealth firm aims to ‘disrupt’ UK advice market
South Africa is a well-established market, and it has a lot of positives from an investment perspective.
05/17/2022
Vontobel study finds institutional investors and discretionary wealth managers turning to emerging markets fixed income
The top three reasons that institutional investors globally cite for increasing their allocations included: diversification benefit versus current holdings (56 per cent), highly liquid market (48 per cent) and favorable ESG prospects (47 per cent).
05/17/2022
The road to generational wealth starts with a plan
Building wealth is a priority for many people, and estate planning is a critical component of managing that wealth by ensuring your money is passed on in ways that align with your values.