10/18/2018
Global wealth up 4.6% to US$317 trillion
Credit Suisse Research Institute publishes ninth edition of the Global Wealth Report
Wealth and Asset Management
10/17/2018
Would you turn down £1bn? Why some people don’t want to inherit
Rich families often define themselves via their philanthropic trusts
10/17/2018
Speirs & Jeffrey deal boosts Rathbone funds under management, profit
Underlying net operating income rose to 80.3 million pounds for the three months from 70.5 million pounds, a year earlier.
10/16/2018
Digital Wealth Manager Liqid Raises €33M
The company is using the funds to continue to expand operations.
10/16/2018
AFH to swell acquisition war chest with £15m fund raise
Advice consolidation giant AFH plans to raise another £15 million in a fresh share placing to fuel a fresh ‘pipeline; of advice acquisitions.
10/16/2018
Schroders quiet on Lloyds tie-up as intermediary assets slip
The £79bn slice of the Lloyds mandate would be a welcome boost the asset manager’s sluggish AUM growth.
10/16/2018
This Bank Halved Clients While Doubling Assets Under Management
Germany’s DZ Privatbank shifts focus to much larger mandates
10/15/2018
UBS Group AG: UBS Europe SE completes acquisition of Nordea’s Luxembourg-based private banking business
The acquisition enables UBS to expand its presence in Europe and further build its position as a key Wealth Manager for Nordic clients in Europe.
10/15/2018
Wealth managers who really earned their fees (and how they did it)
He’s been the shining light but there have been a number of them.”
10/15/2018
Schroders third-quarter assets buoyed by institutions as retail demand falters
Unlike its peers, Schroders does not disclose how its assets under management were impacted by market moves or the decision of clients to invest or withdraw their cash.
10/14/2018
Queen’s disgraced banker turns up too!
Harry Keogh, 57, left Coutts this year after allegations he made lewd comments
10/14/2018
PBI Global Awards winners announced
BNP Paribas made a string of major new hires in its North Asia division this year.
10/12/2018
Weatherbys doubles up in Scotland as personal touch pays off
The bank, which is headquartered in Wellingborough, Northamptonshire, recently appointed Jacqui Low to its advisory board as part of its Scottish growth plans.
10/12/2018
Man Group reports asset growth
Investment performance in the quarter was mixed with strong absolute and relative performance in our momentum and discretionary long only strategies but weaker relative performance in our discretionary alternative and systematic equity strategies.
10/11/2018
Hargreaves Lansdown assets up three percent on inflows, market moves
The past quarter has seen an uncertain market environment and weak investor sentiment resulting in an industry-wide slowdown in net retail flows.
10/11/2018
Credit Suisse Gives Loan to $209 Million London Home Owner
Deal involved investor Nick Candy refinancing, Times reports
10/11/2018
Credo increases fund availability
Credo has a strong track-record of managing long-only, value-based direct equity portfolios with a bias towards developed market, large-cap stocks.
10/11/2018
PAM appointed by Strabens Hall to manage core portfolios
PAM invests across the asset management spectrum utilising active, passive and smart beta strategies. Portfolios are constructed using two complementary approaches, built to work together.
10/10/2018
Sandaire takes £8.7m write down on team exit
Sandaire recently completed integration of Lord North Street, having initially run the two businesses as separate entities.
10/10/2018
A Wealth of Difference: Reforming the taxation of wealth
In this paper we make five recommendations which together amount to a transformation of the tax treatment of wealth in the UK.