09/10/2014
Spanish Banking Titan Dead at Age 79
He was known for his hands-on leadership of the bank and turned the institution previously run by his father into the eurozone's largest by market capitalization through a series of acquisitions.
Wealth and Asset Management
09/09/2014
Jersey funds business back to £200bn mark
The latest figures for all sectors of Jersey’s finance industry show stability and signs of new growth, led by the funds sector where the value of funds business passed through the £200 billion mark for the first time since June last year.
09/09/2014
Raiffeisen Asset Management profit up 50% in Romania in H1
In this period, the company’s revenues from management of investments amounted to RON 33.7 million (EUR 7.5 million), over the results posted the year before.
09/08/2014
Ardian Said to Buy UniCredit Funds Valued at $1.3 Billion
Ardian will also commit capital for future investments, the people said.
09/08/2014
Tilney Bestinvest finalises charity team plans
Company chief investment officer Gareth Lewis will have a strategic oversight role in investment strategy.
09/08/2014
Beacon Gains European Status
Cambridgeshire based, Chartered Independent Financial Advisers, Beacon Wealth Management has added yet another status to their award-winning services.
09/08/2014
Prime property prices and sales in central London up in three months to August
The average sale price of prime property in central London between June and August 2014 was £4.7 million, up from £3.7 million in the preceding three month period, the latest data shows.
09/07/2014
Quilter Cheviot rejects £600m Old Mutual bid as Investec lurks
A flurry of deals has been accelerated by regulatory reforms known as the Retail Distribution Review, which have altered the way that wealth managers are remunerated for their work, shifting from a largely commission-based system to one predicated upon th
09/07/2014
Stockbroker snaps up private wealth unit
The land grab continues among the stockbroking community.
09/05/2014
Credit Suisse combines Europe private bank
Significant progress has been made in solving legacy cross-border tax matters with the aim to finalise by the end of 2015
09/05/2014
Why financial planning trumps wealth management
Many of these changes have been subtle and confined to our back offices.
09/05/2014
Three ways to protect your wealth in the event of a Scottish Yes vote
As a successful push for Scottish independence appears more likely, Barclays analysts suggest that there are still ways to hedge against a Yes vote
09/05/2014
Rothschild Sees “New Monetary World” & Recommends Hedges
Investment manager is still bullish on stocks, but concerned about interest rates and recommends a dose of protection in a portfolio
09/05/2014
HSBC Private Bank moves Swiss trust business to Jersey
The bank will retain Swiss-based trust front offices in Geneva and Zurich, as HSBC Switzerland is a key international booking centre for its global private banking operations.
09/04/2014
In-house fund dilemma: Wealth managers split over future of products
The FCA is expected to reveal its findings at the end of September
09/04/2014
Close Bros AM launches auto-enrolment platform for small companies
The wealth management group also offers CloseToMyPension Dynamic
09/04/2014
Succession assures more acquisitions
“Dynamic firms need to carefully consider their choice of partner in order to realise their ambitions.”
09/03/2014
Hargreaves to launch D2C discretionary service to plug advice gap
Head of financial planning Danny Cox (pictured) said the service would likely involve a self-select risk-rated model portfolio service, but added the finer details, such as a time-frame for a launch, were yet to be decided.
09/03/2014
Ellacotts Wealth crying out for quality paraplanners
An adviser fears that the struggle to find a good paraplanner could hold back his new company.
09/02/2014
Cambridgeshire IFA gets nod on discretionary permissions
The firm manages around £85 million of clients’ assets in the portfolios.