07/02/2019
Deutsche targets 300 investment and relationship wealth managers
The bank is focusing on more 'stable' revenue streams according to Reuters, with up to 20,000 jobs to be cut elsewhere.
Wealth and Asset Management
07/01/2019
Nutmeg keeps crowdfunding investors in the dark
It promised to offer crowd investors the same terms as it did Goldman Sachs — which led a £45m investment in January — but did not disclose financial details in its pitch.
07/01/2019
Italy woos wealthy global investors with resident scheme
Italy’s mainstream residential property market has been caught in multi-year downdraft, having shed about 40 per cent in value from 2007 to 2013
07/01/2019
Get Inspired With Our 2019 Summer Reading List
Are you sitting comfortably? Here’s our annual pick of the best books to read over the coming months.
07/01/2019
Intrinsic rebrands as Quilter Financial Planning
The multi-asset arm of Old Mutual Global Investors has already become Quilter Investors - with the rest bought out to become Merian Global Investors - while the platform will rebrand to Quilter Wealth Solutions next year.
07/01/2019
Top of the Week - Items on this Week’s News Agenda
Spokesperson: Dan Smith, Investment Manager, Canaccord Genuity Wealth Management
07/01/2019
Equiom shortlisted by STEP for Trust Company of the Year
Hosted in London later this year, the ceremony will attract more than 700 practitioners from the wealth management industry and Equiom will send a team of ten to represent the business.
07/01/2019
Intrinsic rebrands as Quilter Financial Planning
According to Quilter, the rebranding of Intrinsic replaces the Caerus network brand.
07/01/2019
Cautious Optimism in Asset Management Despite Political Turbulence - CBI/PwC
The survey also found that businesses within the sector are now turning their focus to cutting costs and reducing fixed overheads.
07/01/2019
Vontobel AM loses sustainable real estate arm in buy-out
The division is primarily focused on the firm's sustainable real estate range
07/01/2019
Wealth managers and their #MeToo moment
Florence BrocklesbyFor the wealth management and private banking industries, the news on #MeToo is clear: it’s going to be increasingly front of mind and in the papers over coming months as cases rumble on, more historic issues emerge, and the FCA d
06/28/2019
Novia Global platform adds EQ positive impact portfolios
EQ will add an exciting new dimension to socially responsible investing within model portfolios via the platform with their Positive Impact Portfolios.
06/28/2019
Charlotte Ransom: ‘Wealth management is expensive, clunky and has no decent technology’
Netwealth CEO says her firm is here to modernise money management
06/28/2019
Big data crucial to serve mass affluents cheaply
Wealth managers will need to use AI and big data to keep their share of the mass affluent market out of the hands of robo advisers.
06/27/2019
UBS GWM brings pair of private market funds to Italy
The Fund aims at reaching an initial target of $250m.
06/27/2019
Inheritance in the 21st century
Overwhelmingly, those under 25 voted to remain within the open borders of the European Union. Nearly 5 million Britons now live overseas.
06/27/2019
Forsters’ Private Wealth team shortlisted in three categories for the STEP Private Client Awards 2019/20
This year saw a record breaking number of entries with over 300 submissions from across 12 countries and only those judged to be the most outstanding in each category have been shortlisted.
06/27/2019
Harwood adds £500m as it signs off on seven buys
That nonetheless fell short of the full pipeline of eight deals which the company in January said it hoped to complete in the short term.
06/26/2019
The ticking cost bomb for asset managers
The savings could be made via automation and shifting functions to lower cost locations, it noted.
06/26/2019
Lugano WM teams up with Baltic firm
It is currently registered for sale in Etonia, Latvia, Lithuania and Sweden.