02/19/2018
Wealth managers must go digital
As wealth is passed between generations, advisers must adapt to their new target group and adopt the right technology
Wealth and Asset Management
02/19/2018
Wealth manager acquires Grennan Advisers
The deal will see Sanlam UK acquire Grennan Adviser Ltd’s book of clients and £60 million of assets under management.
02/15/2018
Vistra Solidifies Presence in Ireland with new Acquisition
Through Vistra Alliance, Vistra has developed a strong ten year relationship with the team and we have seen first-hand that Ireland has become a key jurisdiction for inward investment.
02/15/2018
Deutsche Bank to sell Cayman, Channel Island ops
The transaction is expected to close in stages during 2018
02/15/2018
Invesco to drop Perpetual and PowerShares names in rebrand
Invesco acquired index fund business PowerShares in 2006, which currently manages $139 billion of assets.
02/14/2018
Regional Stars Awards 2018: North shortlist revealed
We reveal the five offices to make the North of England shortlist in our annual regional wealth manager awards.
02/14/2018
Credit Suisse posts third straight annual loss on U.S. tax writedown
The group said it would propose a reduced dividend of 0.25 francs per share, compared to 0.70 francs in 2016 and average expectations for 0.28 francs amongst eight analysts polled.
02/14/2018
7IM launches decumulation service for advisers
Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.
02/14/2018
Old Mutual acquires IFA as deal hunt continues
Old Mutual now has more than 50 advisers across the advice arm after completing five acquisitions in 2017.
02/14/2018
Seven ways to get the next generation ready for wealth - Coutts
Wealth should bring opportunity, not conflict. Read our tips for maintaining family harmony while managing your finances.
02/14/2018
LGT Steals a March Over UBS
Banks have responded by building EAM arms to cater to the niche in Switzerland, and UBS and Credit Suisse are among the biggest players.
02/13/2018
Indosuez Wealth Management goes digital but stays personal
Retail banking is the heart of Crédit Agricole, and the group really wants to develop in markets that are really close to its own culture and geographical reach, so going to Greece was a bit far away.
02/12/2018
Amundi targets place in top-tier global asset managers
French group reports strong profits growth and raises 2020 targets
02/12/2018
Nigerians and UK’s Unexplained Wealth Orders
Various reports cited London as a money laundering haven, but the UK Government was conspicuously silent on the issue, turning a blind eye as millions of dollars poured in.
02/09/2018
Old Mutual launches excess income trust and calculator
Old Mutual Wealth and Old Mutual International have both launched a new innovative Excess Income Trust solution and online tool to help clients benefit from the ‘normal expenditure out of income’ exemption, providing a simple and tax efficient
02/08/2018
Pro-EU campaign secures £400,000 from George Soros
A campaign group fighting to keep the UK in the EU has received £400,000 from billionaire investor George Soros.
02/07/2018
deVere to expand its graduate programme to meet growing and evolving demand
Mr Green goes on to say: “Like the industry itself, the deVere Group Graduate Programme is known to be hard work and intense.
02/07/2018
Edmond de Rothschild nets €345m for biotech fund
Fundraising comes as private-equity unit looks to spin out from parent company
02/07/2018
Harwood Wealth to manage Frenkel Topping mandates
As volumes of funds managed by Frenkel Topping increase, the percentage fee payable to Harwood Wealth will reduce.
02/07/2018
Pictet Profit Surges Ahead of Collardi Entrance
The discreet bank recently raided rival Julius Baer of its CEO, who will become one of seven partners at the discreet 213-year-old Genevan bank.