08/23/2018
Tilney model portfolios added to challenger platform
This is the twelfth platform on which the Tilney portfolios have become available.
Wealth and Asset Management
08/23/2018
Gresham House celebrates positive results
Total realisations of £24.2m in the 3-year period, cumulatively generating £9.0m realised profits at 28.5% IRR and 1.60x money, significantly exceeding target returns
08/22/2018
VP Bank H1 net income drops 7%
The bank’s cost/income ratio in the first half of 2018 stood at 70.3%, versus 64.6% last year.
08/22/2018
HSBC Private Bank targets UK in 240-strong global hire spree
The drive is part of a wider expansion of the unit’s global headcount
08/22/2018
Redington to advise independent Norwegian wealth manager
The deal represents a clear sign of the firm’s commitment to grow internationally and service new client markets.
08/21/2018
Ten asset managers doing time in the dog house
The fund groups with the most assets under management in ‘Spot the Dog’ funds
08/21/2018
Baillie Gifford mulls multi-asset trust launch as it takes crown from JPMAM
Now the largest provider of investment trusts
08/21/2018
Old Mutual Wealth calls for IHT nil-rate band rethink in Treasury open letter
She says a more simple solution would be to raise the standard nil-rate band and remove the residence nil-rate band.
08/21/2018
World’s Biggest Wealth Fund Struggles Under Weight of Trade War
Like many global investors, however, it’s warning about the impact on the world economy of rising protectionism after U.S. President Donald Trump imposed tariffs on key trading partners.
08/21/2018
Brevan Howard Cuts Office Perks in London Headquarters
Firm continues to rent on first floor of Marylebone space
08/17/2018
JTC acquires corporate and fiduciary services firm
The principal managers of Van Doorn, who are also shareholders of the Seller, Mr Aravind Ramanna and Mr Eke Verbeke, will join JTC at completion.
08/17/2018
SJP victorious in unsuitable advice claim
He claimed the schemes failed to be as effective in mitigating these liabilities as he had been led to believe by SJP advisers.
08/16/2018
How to pass on wealth to the next generation and beat inheritance tax by encouraging them to invest
More people are choosing to pass on their wealth while they are still alive and can see their loved ones benefit - and to take advantage of the seven-year rule that can keep it free of inheritance tax.
08/16/2018
DeVere’s UK profits hit by regulatory investigation
Significant costs push annual losses up 30%
08/16/2018
Set Sail Trust Brings Butterfield Bank On Board
The charity’s work helps to make these privileges accessible to the widest possible audience, and it is always wonderful to witness the children’s enjoyment of the water and our coastline.
08/16/2018
PraxisIFM expands corporate offering
The acquisition also gives us a presence in the Isle of Man, expanding our global reach further.
08/16/2018
Rich Russians Start Family Offices as Heirs Lie in Wait
Now they face pressure to cede some control as they prepare for a transfer to the next generation and executives running their businesses push them to professionalize the management of their wealth.
08/16/2018
Geneva boutique launches education strategy
Sofiane Zaiem will manage the strategy, together with a research team.
08/16/2018
AFH Completes Tenth Deal Of Current Financial Year
The purchase adds £80m to AFH's funds under management.
08/14/2018
Vistra Completes Acquisition of Corporate Services Business from Deutsche Bank
Operating in the United Kingdom, Ireland, Luxembourg, the Netherlands, Jersey, Mauritius, Cayman Islands and the US, the business employs 139 staff globally, with existing Vistra offices combining with the teams in these jurisdictions.