10/24/2018
Quilter reports lower year-on-year third quarter cash flow
Quilter Life Assurance, which saw outflows of £1.5bn, was the main detractor, with all other divisions recording positive flows.
Wealth and Asset Management
10/23/2018
Tigers and Mattioli Woods city centre neighbours
The city mayor’s tribute came as Mattioli Woods threw open its doors to media representatives for the first time following completion of its switch from Grove Park, Enderby.
10/23/2018
Schroders and Lloyds unveil wealth management JV
Lloyds and Schroders see significant growth opportunities in the financial planning and retirement market and the JV will aim to become a top three UK financial planning business within five years.
10/23/2018
GAM bleeds 20% of assets despite measures to stem outflows
All teams at GAM remain focused on working with its clients. During October 2018, so far, GAM has seen an improving flow trend with net outflows diminishing.
10/23/2018
AJ Bell assets jump to £46bn as flotation nears
Online stockbroker reports near-50% jump in retail customers over the past 12 months.
10/23/2018
Edmond de Rothschild AM launches new service dedicated to institutional asset managers
“These asset managers do not need to develop their own IT platforms if they have access to fully serviced, industry leading software solutions."
10/23/2018
Liechtenstein PB takes on fund management role from Scandinavian bank
This concerns all of the Luxembourg investment funds of the Carnegie Investment Bank in Sweden and Denmark.
10/23/2018
Guernsey products and services lauded in global awards
Generali Worldwide was named Best International Employee Benefits Provider. CEO Giorgio Daboni was delighted to have won in such a tightly contested field.
10/23/2018
St James's Place shakes off market woes to hit £100bn in assets
We have delivered this continued growth despite both tough comparatives and a more challenging environment for the industry, once again demonstrating our resilience in these market conditions.
10/22/2018
Wealth management and advisory services firm changes hands
The deal is part of Banca Generali’s wider private-banking growth strategy launched with a view to strengthening the Bank’s range of services and its distinctive asset management and advisory expertise.
10/22/2018
Raymond James launches new branch in the Lake District
The new branch will provide tailored investment advice, drawing on external financial planning expertise when required and working together with clients to create strategic long-term plans.
10/19/2018
SGG Group Voted Best Fund Administrator in Africa for Private Equity for 2018
The judging panel consists of experienced professionals who have a good knowledge of the fund industry in Africa.
10/19/2018
Raymond James reveals expansion plans
She said promoting female wealth managers will help to grow the Raymond James business in the UK as many women may feel more comfortable discussing financial planning with a female adviser.
10/19/2018
Rathbones director opens Raymond James’ 60th branch
He then joined James Brearley in 2006 as a branch manager.
10/19/2018
Oxford Risk launches range of suitability tools
'Most scientifically rigorous'
10/19/2018
UBP launches Positive Impact Equity strategy
The measurement of non-financial performance alongside financial results, in a long-term approach, will be one of the strategy’s key characteristics
10/19/2018
Ultra-high net worth fear cookie-cutter wealth advice
The research says: “Families are becoming more resistant to wealth advice and is essential to think about what is right for each family as each family is different, and then structure service requirements appropriately.”
10/19/2018
Liontrust to merge away first ever fund
Subject to unitholder approval
10/19/2018
Hundreds join growing list of Britain's ultra-rich
Fortunes of already wealthy people grow much faster than that of general population
10/19/2018
Coutts partners with Mortgage Brain to share products with intermediary market
This is an exciting next step for us in working more effectively with our intermediary partners