09/14/2020
StanChart to merge wealth, retail businesses
The bank expects that the changes will help grow its affluent and retail businesses.
Wealth and Asset Management
09/14/2020
Guernsey is top-tier for private wealth
Trust Corporation of the Channel Islands, also headquartered in Guernsey, is a tier one independent trust company.
09/13/2020
SJP joins Invesco in the dog house with £6.9bn of underperforming funds
Bestinvest names and shames a record 150 funds in its latest Spot the Dog report
09/11/2020
PraxisIFM’s City offering cemented as London teams move to new central spot
The two businesses had been working from offices in the City and West End respectively.
09/11/2020
Arbuthnot Latham scores deal with football managers
This partnership will give the bank further opportunity to offer its relationship-led approach, entrepreneurial spirit, and long-term thinking to more clients from the world of football.
09/11/2020
IQ-EQ is an eprivateclient top-tier trust company for second year running
The tiers within the listing are not based on size alone but various factors including reputation, quality of service, any M&A activity, as well as the extent of their global offering; making it a true badge of quality.
09/11/2020
Guernsey funds attracting increasing PE investment from US
Guernsey funds are highly international in nature.
09/11/2020
Investec cuts 210 UK private and investment bank jobs
Investec is to make up to 210 UK staff redundant across its private, corporate and investment banking divisions as part of an ongoing restructure of the company.
09/10/2020
The most challenging period in Sanlam’s 100 year history: CEO
The Group commenced the 2020 financial year from a solid base, with growth accelerating for most businesses in the second half of 2019.
09/10/2020
Consolidator seals thirteenth deal with Solihull adviser
It follows a string of deals for IWP this year in a spree undeterred by the challenges of the coronavirus pandemic and national lockdown.
09/10/2020
Great wealth transfer – don’t expect to just ‘muddle through’
Many of the families we work with perceive tax or a market recession to be their biggest challenge.
09/10/2020
UBS makes sustainable investments preferred solution for clients
Swiss asset and wealth manager signals it now can offer 100% sustainable cross-asset portfolios.
09/10/2020
Lloyds to axe hundreds of jobs in wealth and insurance
The cuts will be offset by the creation of 226 new roles within the company
09/09/2020
Sanne Group reports rising revenues showing resilience across the business
These are strong numbers, showing a group coping well in the face of adversity.
09/09/2020
900 private banking clients to be compensated
After they did not receive sufficient information about expected negative net returns
09/09/2020
How the wealth industry risks failing its clients
Technology and processes must help bring people closer to their money
09/09/2020
AJ Bell launches fund research service for advisers
Mr Mackay said AJ Bell had developed the Fundamentals tool to provide access to the investment research expertise it had within the business.
09/09/2020
Here’s how Julius Baer is helping its clients grow their wealth during the crisis
At a time when face-to-face meetings haven’t been possible, that often meant sitting with clients in their homes via videoconferencing, creating a strange sort of intimacy as some showed their full distress.
09/09/2020
REInvest buys 30 Lombard Street office asset in London for £76m
Net sale proceeds of £68.5m will be used to pay down debt, prior to further investment in new acquisitions and portfolio opportunities.
09/09/2020
Brown Shipley profit tumbles on cost of major IT update
The private bank’s pre-tax profits dipped by 63% in 2019 due to £3.6m in costs related to a new IT platform provided by rival Lombard Odier.