08/03/2016
Shattered Wealth Dreams
Managing the portfolios of wealthy private customer seems to be a sure-fire way to make money. But it may become the next disappointment in the global banking business.
Wealth and Asset Management
08/03/2016
Standard Chartered «Improves» as Profits Fall Hard
The London listed bank reported an underlying pre-tax profit of $994m for the six months to June 30, down from $1.8bn in the same period in 2015.
08/03/2016
Wealthy Investors to Reduce UK Exposure Following Brexit Vote
According to a deVere Group poll of clients, 69% intend to decrease their investment exposure to the UK for the remainder of 2016
08/03/2016
GAM profits slump
Underlying profit before taxes 46% lower versus H1 2015, in line with the expected reduction as communicated on 14 June 2016, and 43% lower versus H2 2015 – all largely due to reduced performance fees
08/02/2016
IFA in national push with Dorset acquisition
The nine-strong firm will continue to trade as Harvard Financial Management, part of the Ascot Lloyd Group, following the acquisition.
08/01/2016
The fabulous lives of the world's richest teenagers
New documentary looks at the astounding privileges enjoyed by the children of the one per cent
08/01/2016
Top ten reads for the summer holidays by Penny Lovell
‘A Room without books is like a body without a soul’ Marcus Tullius Cicero
08/01/2016
The Nasty Virus of Negative Interest Rates by Justin Urquhart Stewart
It has been like watching a virus spread or a creeping infestation, and now it has finally reached our shores in the UK. No…it is not the bubonic plague…
08/01/2016
Brexit visa promises for City fund staff
UK asset managers pledge to pay for visas for EU employees based in London
08/01/2016
Wealth managers face slowdown in assets under management
Wealth management industry will need to redesign the ‘core’ high-net worth service model
08/01/2016
Why I've bought more shares in the UK house builders after Brexit, by investor of £2 billion
And if you believe that the fundamentals are good, it’s not without risk, but there is a lot of money to be made.
08/01/2016
Ex-Barclays ‘Musketeer’ Assembles Stellar Cast for New Boutique
New wealth manager Saranac boasts host of executives from world’s financial giants
08/01/2016
DeVere poll suggests HNWIs now look to reduce exposure to UK risk
The more diversified the investment portfolio, encompassing a global focus, the greater the reduction of risk.
08/01/2016
Troy tops Sanlam equity income study as 8 funds go grey
The report’s author, Charles Brand, highlighted how the marker was set at the start of the year after the US raised rates in December 2015.
08/01/2016
Smaller wealth management firms at risk as M&A deals reach eight-year high
There were 124 M&A deals between wealth management firms in 2015, a fresh high during the eight years of tracking by Scorpio Partnership.
08/01/2016
Asset managers push back against activist pension funds
Attempts are being resisted to improve standards at listed UK companies
08/01/2016
Ex-Investec W&I multi-asset duo launch boutique
Laurence Boyle says the firm will run the same proposition as he did at Investec
08/01/2016
Wealthy investors reducing UK exposure post Brexit
Most high net worth individuals are looking to reduce their exposure to UK-based assets in the wake of the country’s vote to leave the European Union, according to deVere Group.
08/01/2016
Tilney Bestinvest completes Towry acquisition
It was previously revealed that following the completion of the transaction, Towry chief executive Rob Devey would leave the business.
08/01/2016
Compliance pay boom: how wealth managers are coping
The boom in compliance remuneration took hold after the financial crisis and now looks likely to accelerate following the Brexit vote.