10/24/2016
Harrods Bank begins international money transfers
Harrods Bank customers can take advantage of World First’s competitive rates with the same level of personal service and excellence
Wealth and Asset Management
10/21/2016
Lombard Odier opens private bank office in Milan
The Swiss-based Lombard Odier Group announces today that it is opening an office in Milan for private clients. It will provide the opportunity to be closer to clients in Italy and to drive future growth in this important market.
10/21/2016
Management buyout announced at Coutts & Co Trustees (Jersey)
The current senior management team of Coutts & Co Trustees has entered into a binding sale and purchase agreement to complete a management buyout of the company
10/20/2016
Wealth managers ask if women need to change the way they manage their money
Gender pay gap widens significantly after women have their first child
10/20/2016
Close Tactical Select Passive fund range celebrates fifth anniversary
The five year cumulative return for the TSP Conservative fund has been 44.0%, the TSP Balanced 55.8%, and the TSP Growth 58.0%.
10/20/2016
Rathbones plans to raise £38m as bond yields impact DB schemes
Looking to raise £38m
10/20/2016
GAM Sees Significant Profitability Drop This Year on Volatility
Frequent bouts of volatility amid sideways markets have led to risk aversion among clients.
10/20/2016
Small is still key for City Asset Management
Four years on from being Wealth Manager cover star, Coghill also discusses the impact of increasing regulation on her family-run business.
10/20/2016
New world order: Have Hargreaves and SJP had their day in the sun?
Perhaps controversially, analysts also point to advice-led models being better positioned for the financial services market of the future.
10/19/2016
Progeny Launches New Venture
Progeny Asset Management’s launch is a crucial milestone for Progeny
10/19/2016
Handelsbanken remains optimistic about UK operations
Netherlands and Britain as areas with growth potential, despite Britain's Brexit vote
10/19/2016
HSBC PB signs client referral deal with Indosuez WM
The referral process will begin immediately.
10/19/2016
Standard Bank claims industry award
It's the 17th time the awards ceremony has taken place.
10/18/2016
UBS spending $1 billion on IT overhaul
UBS did not give an estimate for the savings envisaged.
10/18/2016
Rathbones Strengthens Charity Offer with New Fund Launch
The fund has been specifically structured for charities with the aim to deliver long-term capital growth and a level of income while employing a total return approach.
10/18/2016
Becoming a Yoda of wealth requires a deeper voyage into the galaxy of customer insight
Imagine if wealth managers could also master the techniques employed by companies like Netflix; leveraging detailed, real time client insight to anticipate their future product or service requirements.
10/18/2016
Stenham and Credit Suisse form CI wealth management arm
Stenham WM will also offer global custody and transaction services as part of a multi-asset class approach to private client investment management.
10/18/2016
Firms expected to rush in after China rule changes
The June announcement has left a number of top global money managers looking to set up operations in China
10/17/2016
Leeds-based wealth management company acquire London firm PQR
TPO was founded in Leeds in 2008 and launched its London base in 2013.
10/17/2016
Harefield-based RGA joins Fairstone Group
Deal adds £65m funds under management