02/21/2019
GAM expects 'challenging' 2019
GAM is on track to deliver against its group-wide restructuring programme to rebase costs and reduce complexity
Wealth and Asset Management
02/20/2019
Lloyds to launch HNW offering with Schroders
Lloyds says: “The joint venture will address the growing gap in the advice market through a personalised, advice-led proposition, backed by world-class investment expertise and best in class technology.”
02/20/2019
Van Lanschot Kempen sells stake in Dutch intermediary
VLCMP is a Dutch intermediary in the field of risk management, absenteeism, pensions and private insurance, and also provides insurance solutions to Van Lanschot Kempen's private banking clients.
02/20/2019
Wealth Management Firm Secures £2.8M for Acquisition
"The goal for Finitor is to continue partnering with independent financial advisory businesses as we develop a national presence."
02/20/2019
Wealthsimple introduces lost pension finder
The new feature is being introduced with pension search and transfer service MyFutureNow and is available to Wealthsimple clients through the company's award-winning website.
02/20/2019
Private Banking vs Wealth Management
How much wealth varies from one bank to the next but generally speaking, the benchmark is a six-figure sum in cash or seven-figures in assets.
02/19/2019
Curtis on why he bought SJP shares
The fund manager recently increased the level of debt in the trust in order to buy more UK shares, as a sign of his confidence in the direction of markets.
02/19/2019
Warburg Pincus and Javier Marín buy Spain's Self Bank following ECB approval
With 18 years' history, Self Bank is an online wealth management provider with a broad suite of banking and wealth management products
02/19/2019
Schwarz Gehard to move private client services to Austria amid Brexit fears
Brexit has prompted several firms to relocate their operations.
02/19/2019
Beyond the bottom line: UK asset managers aren't ready for new stewardship rules – should we be worried?
From questionable corporate incentives to excessive risk-taking, there were plenty of red flags that should have warned asset managers of the impending financial crisis in 2008.
02/19/2019
How wealth managers get access to private equity
These vehicles are traditionally structured as limited partnerships aimed at institutional and ultra-high net worth investors, says Tilney managing director Jason Hollands.
02/18/2019
Falcon to discontinue UK operations
Falcon will continue to provide custodian services to its UK clients, whose wealth management needs will be served by Dolfin upon completion of the transaction.
02/18/2019
Rathbones makes changes to Luxembourg range to prepare for post-Brexit distribution
Changing fund structure
02/17/2019
Trusts remain out of favour with wealthy families
Tax and privacy concerns result in an ‘image problem’ for planning structures
02/17/2019
Wealthtech Nutmeg Doubles Down With Goldman's Investment For Global Expansion
The move will likely see Goldman position Nutmeg alongside its retail savings platform Marcus.
02/15/2019
Coutts & Co reports impressive and defining set of financial results
Our business has undergone substantial change over the past 3 years
02/15/2019
French boutique expands to Switzerland
The branch is led by Olivier Machet and offers investment products in convertibles, high yield corporates, short-term credit, dividends futures, credit allocation, optional overlay and long/short multi-strategies.
02/15/2019
Coutts views: Brexit vs China: Which one‘s the real bull in the shop?
The worst case Brexit scenario is widely believed to be a ‘no-deal’ departure, which would probably see sterling and UK government bond yields drop sharply.
02/14/2019
Credit Suisse swings back to profit for the first time since 2014
Credit Suisse completed at the end of last year its three-year restructuring program.
02/14/2019
Credit Suisse Trading Losses Eclipse Wealth Management Gains
Credit Suisse lost about $60 million late last year after it was left holding shares in luxury parka maker Canada Goose Holdings Inc, people familiar with the matter said last month.