07/28/2017
Rothschild Poaches for Swiss M&A
Rothschild tops a league table compiled by Dealogic on number of deals advised in Europe in the first two quarters, and is in the top-five of volume of deals.
Wealth and Asset Management
07/28/2017
Citigroup to move part of private banking to Madrid due to Brexit
Madrid has been seeking to lure global banks after Brexit.
07/28/2017
Credit Suisse reports 78% profit surge as assets under management hit record
Net profit: $312.6 million vs. expected $311.3 million, according to Thomson Reuters.
07/28/2017
UBS second quarter profits boosted by wealth management business
There is a divergence between the activity levels of wealth management clients versus what we see on the institutional side and it is well explained by the low volatility levels.
07/28/2017
Coutts supporting US expatriates to break through investment barriers
The Coutts US Investment Management Service provides two portfolios – balanced and growth
07/28/2017
Amundi suffers net outflows of €3.7bn in second quarter
Operating expenses were under control at €454m leading to a 2-point improvement in the cost/income ratio, which stood at 49,9%.
07/27/2017
Merito chief launches new financial advisory firm
Eastcote Wealth Management will have around 30 staff and £500 million of funds under managament
07/27/2017
Charles Stanley discretionary assets rise as clients transfer from advisory
Charles Stanley’s total funds under management and administration at the end of June were £24.1 billion
07/27/2017
Belfast wealth firm makes finals of top industry awards
An advisory board of figures from the investment and SME community will judge entries ahead of the final.
07/27/2017
Schroders sees wealth profits jump after C Hoare buy
Profit before tax and exceptional items up 23% to £361.5 million (H1 2016: £293.7 million)
07/27/2017
St James’s Place raises dividend by a quarter
The number of advisers, who form part of the group’s Partnership network, also grew, rising by almost 4 per cent since the start of the year to just over 3,500.
07/27/2017
Brooks Macdonald FUM rises 26% to break £10bn mark
"Strong organic growth takes FUM through £10bn; further investment in underlying business."
07/27/2017
Continued wealth management support fuels rising ETF assets
A survey published earlier this year from BBH found that some 54 per cent of respondents believed that robo-advice presents an opportunity for their business as opposed to a threat.
07/26/2017
Swiss banks must cut costs despite healthy 2016 performance
One of the larger parts of the wider Swiss economy, representing 10% of the economy in 2014, with the banking sector representing more than half of the amount.
07/26/2017
Brewin Dolphin posts record third-quarter income
In a bid to transform itself from an old-fashioned stockbroker to a modern wealth manager, Brewin has spent the past few years increasing its focus on discretionary fund management.
07/26/2017
UK Platform Awards 2017 - Platform and provider shortlists revealed
Now in their 11th year, the awards - which are run in association with Professional Adviser and will be hosted by BBC journalist Kate Silverton - will be held at the London Hilton on Park Lane on 26 September.
07/26/2017
Wealth manager and adviser finalists for Growth Investor Awards announced
Our second set of finalists recognises both individual financial advisers and wealth management companies
07/26/2017
Cayman Finance promotes Cayman in UK
This visit was the first international joint venture between Cayman Finance and the new Minister of Financial Services, Tara Rivers.
07/25/2017
WH Ireland’s Buchanan on ‘drawing a line under the past’
The group's total revenue rose 24% from £11.96 million to £14.87 million year-on-year.
07/25/2017
Julius Baer looks to expand in UK as Brexit spurs rivals to scale back
Swiss private bank reports a strong first-half year increase in assets under management