07/06/2018
7IM claims platform industry tarnished by tech issues
Both Aviva and Aegon have experienced outages as they moved their platforms onto new technology
Wealth and Asset Management
07/05/2018
Italian WM strikes systematic deal with Swiss group
This latest agreement allows the Italian asset management firm to integrate RAM’s systematic approach.
07/05/2018
Fairstone brings in £70m FUM with fourth 2018 acquisition
Six advisers to join Fairstone
07/05/2018
Credit Agricole rebrands private banking services
Azqore, which will serve as an independent subsidiary of Indosuez, offers integrated technology services, operational back office and project consultancy through its S2i platform.
07/05/2018
LLB completes acquisition of Austrian private bank
The two previous main shareholders of Semper Constantia in return received about 6% of LLB shares.
07/04/2018
Revenues up at acquisitive Leicester wealth management firm
The firm also said it is withdrawing from work around pension transfers, but that this would not affect its bottom line.
07/04/2018
Wealth manager plans further expansion after record year
Profits doubled and new business up 62%
07/04/2018
Jersey trust company forms joint venture in Cyprus
The agreement reached between the business founders Don Wijsmuller and Demos Demou, will allow Whitmill to add a seventh jurisdiction to their international offering
07/03/2018
HQ capital aims for China’s wealth market with joint venture
The new venture aims to exploit both companies networks to generate synergies between China and overseas markets, particularly with Germany in order to offer clients more investment opportunities.
07/03/2018
Edinburgh-based private bank cuts deal to help it win upmarket mortgage business
The three-year-old bank already offers mortgages.
07/03/2018
Harwood Wealth Management assets grow sharply as revenue jumps 44%
Strong revenue growth for the period was supported by the contribution from the Network Direct acquisition to the network services division, which saw revenue double to £6.4m for the period, from £3m the same period a year ago.
07/03/2018
European Wealth rebrands
The new logo itself is short, simple and memorable.
07/02/2018
Wealth management firm doubles office space with move to flagship scheme
The move is expected to take place in fourth quarter of this year and Investec said the new office will be 60 per cent larger than the size of its current office.
07/02/2018
Quilter completes single strategy fund business sale for £583m
The single-strategy unit will currently retain its existing name, while the multi-asset business will continue to be a part of Quilter.
07/02/2018
Mediatrix Capital Honored as Best Family Office Asset Manager by the Monaco Single & Multi Family Office International Association During the Ritossa Family Office 6th Global Family Office Investment Summit in Monte Carlo
A select few individuals and teams are recognized at our Global Family Office Summits and this year's award to Mediatrix Capital is quite well-deserved.
07/02/2018
Weatherbys triples cash held against bad lending
The year also saw the private bank’s headcount grow from 118 to 137 in 2017.
06/29/2018
Branches of Rothschild empire settle dispute over family name
Rothschild & Co and Edmond de Rothschild to unwind cross-shareholdings
06/29/2018
TISE Wins at Brand Management and Reputation Awards
TISE received the bronze award in the Marketing/Business Development/Public Relations Team of the Year category.
06/28/2018
UBS reduces CAD exposure amid global trade tensions
The Swiss private bank had opened the position in November last year and said it “enjoyed solid performance until January.”
06/28/2018
Investor Confidence Declined in June by 2.1 points to 101.7
Escalating trade tensions across the globe, increasing protectionism, and diverging monetary policy between the major central banks have coincided with more cautious investor positioning.