10/01/2014
BBA says exclude HNW clients from new LTI cap
The British Bankers’ Association has urged the Bank of England to exclude high-net-worth clients from its new LTI cap.
Wealth and Asset Management
09/30/2014
Old Mutual Wealth's Feeney: Standalone platforms 'no longer viable'
Old Mutual Wealth has sought to expand its presence across the distribution chain over the past year
09/30/2014
AES International launches expat mortgage offering for HNW's living and working overseas
The new service is aimed at investors with at least £1m of borrowing requirements, but AES International and Nedbank Private Wealth allow their clients to split this borrowing across property and investment portfolios so the clients can benefit from
09/30/2014
Societe Generale Securities Services launches fully integrated Wealth and Investment Management Outsourcing Solution in the UK
To remain competitive, managers are increasingly looking to outsource operational functions, leverage providers to reduce the costs associated with maintaining their back-office systems, and develop web functionalities.
09/26/2014
The expat’s champion — Asset allocator with Sanlam
Champion’s background on the UK private discretionary fund management side, including MGM Assurance and Pavillion Asset Management, has therefore become infused with a global perspective.
09/25/2014
St James's Place organise Oscars evening
Wealth management experts St James's Place organised an Oscars-themed evening at the King Power Stadium.
09/25/2014
RBC urges Hargreaves Lansdown to take big bank opportunity
Hargreaves, led by chief executive Ian Gorham is currently looking at a range of options for its cash, with management reluctant to go down the bank route as it would increase its regulatory burden.
09/25/2014
Hargreaves Lansdown chief Gorham sees pay jump to £10.6m
Gorham's basic pay remained static at £412,000
09/25/2014
Broadstone sells wealth management arm
Broadstone provides wealth management services to private clients, pension funds, charities and companies.
09/24/2014
Meridian Private Client associate singled-out as rising star
The accolade, awarded by eprivateclient, a prestigious private client web site serving private client advisers, is called the eprivateclient’s Top 35 Under 35 2014
09/24/2014
RHJ International completes conversion of co-investors' interest in Kleinwort Benson Group into RHJI shares
RHJ International today announced that it completed the conversion of the co-investors' interest of 35.13% in Kleinwort Benson Group into RHJI shares.
09/24/2014
London-based wealth management firm to charge percentage of profit
The new pricing regime has been implemented after the company had achieved maximum investment growth for clients over the past two years by investing in top-performing funds.
09/23/2014
How experienced investors view their wealth
The last decade has created an inflection point for wealth owned by investment professionals, as they now account for a significant proportion of the ultra-high-net-worth segment of the UK wealth management industry
09/23/2014
‘Dinosaur’ Private Banks Losing to Startups, ABN Amro Exec Says
Digital financial companies are increasingly poaching clients
09/23/2014
Three challenges facing Barclays’ new head of wealth
Barclays announced on Monday that Akshaya Bhargava will become the new head of the firm’s wealth and investment management business.
09/23/2014
BCEE stays among world's top ten safest banks
Luxembourg's Banque et Caisse d'Epargne de l'Etat maintained its classification as the ninth safest bank in the world, in the latest edition of the Global Finance magazine ranking.
09/23/2014
Walker Crips eyes acquisitions and regional expansion in centenary year
‘There are obvious gaps in our branch network. We are not going out aggressively to fill those gaps, but we will be opportunistic.’
09/23/2014
Wealth managers take profits after frontier markets reshuffle
Fund buyers are taking profits in frontier markets after the recent reshuffle of constituents and a strong run of performance.
09/22/2014
UK mortgage clampdown threatens to put squeeze on rich buyers
James Fleming, Arbuthnot Latham chief executive, said the proposals would have “a disproportionate impact on smaller specialist lenders and would restrict us from being able to provide some elements of our banking services which are important to our
09/22/2014
Net Promoter Score confirms Private Bank’s standing with its clients
The Net Promoter Score is a loyalty metric which gives an indication of how clients represent a company to their family, friends, colleagues and associates.