07/25/2017
Sanlam UK completes 850 mile charity cycle ride for CASCAID
The “Great Sanlam Cycling Challenge” led by CEO Jonathan Polin saw team members cycle 850 miles across the country, visiting all 12 of Sanlam UK’s regional offices along the way.
Wealth and Asset Management
07/25/2017
Rathbones reports strong H1 but warns of regulatory impact to future profits
Underlying operating expenses of £99.1 million (2016: £84.9 million) increased 16.7% year-on-year
07/25/2017
Tilney for Professionals surpasses £2bn AUM
The team rebranded to Tilney for Professionals earlier in the year
07/25/2017
Estera extends global reach into Luxembourg with acquisition
Headstart’s Managing Directors, Christophe Gaul and Manuel Mouget, will continue to lead the business.
07/25/2017
Bath IFA rebrands following merger
It has also recruited chartered financial planner and pensions specialist Mike Bond
07/25/2017
“Universally liked” former company secretary of Aberdeen Asset Management dies aged 70
Just before he returned to Scotland, he was given the “Freedom of the City of Houston”, an honour which he cherished.
07/24/2017
Deutsche Asset Management launches research institute
Mifid II forces fund managers to reduce their reliance on external research providers
07/24/2017
Rothschild banking dynasty enters seventh generation
Who has his eyes firmly fixed on preserving and extending the legacy.
07/24/2017
WH Ireland increases revenue
The Private Wealth Management division has continued to develop its client proposition around advice and fee related business.
07/24/2017
Europe’s top private banks boost UK operations
Sunny outlook contrasts with bleaker sentiment among investment houses
07/21/2017
Close Brothers Asset Management boosted by 'strong' inflows
The group will report results for the year to 31 July 2017 on 26 September 2017.
07/20/2017
Wealth managers targeted to boost protection sales
While mortgage advisers currently make up a large proportion of protection product distribution, the section of the market occupied by wealth managers is comparatively small, he explained.
07/20/2017
Smith & Williamson posts profit increase
The group's operating income was also on the rise
07/19/2017
Issues resurface with DFMs using in-house products
There isn’t an effective way to benchmark these portfolios and assess them.
07/19/2017
Prince Andrew's former girlfriend could buy a Premier League club with slice of enormous £28bn in Middle East wealth under her management
Leading financier Amanda Staveley is interested in purchasing a top-flight club
07/19/2017
LSE students announced as winners of the St. James's Place Prize in Accounting
The prize was awarded for students who achieved the highest marks in a 6,000-word essay, which accounts for 50% of the mark for one of the compulsory courses on the MSc programme.
07/19/2017
Hargreaves buys £90m client bank from BlackRock
4,300 clients will transfer over to the Hargreaves platform
07/18/2017
Walker Crips' underlying profits near double to £1.1m
Across its brokerage, advisory and discretionary channels the business noted that it had reached its target of £5 billion in total assets under influence a year ahead of expectation.
07/18/2017
Private bank returns to first-half profit
Net assets were down compared with the first half of 2016, falling from £282m to £234m as of June 30.
07/17/2017
EFG International Ends BSI Haggling
The bank was in the process of being acquired by rival EFG when the scandal hit last May.