03/07/2017
Julius Baer eyes UK acquisition but puts London hub on hold
Swiss private bank says Brexit has hit plans but sterling’s fall opens up opportunities
Wealth and Asset Management
03/07/2017
Banca Generali total net inflows in Feb. at 668 million euros
Net inflows of managed products in February at 531 million euros
03/07/2017
These 2 asset managers have outshone Aberdeen Asset Management plc
While the FTSE 100 is up almost 20% over the past 12 months, fund managers have lagged embarrassingly.
03/07/2017
IFAs hope Standard Life deal kickstarts asset management change
The two asset managers confirmed plans for a merger worth £11 billion on Monday.
03/06/2017
Private police force to launch in London's wealthiest neighbourhoods
Nash retired from the force last week, according to The Times, though McKelvey stepped down in 2010, according to his LinkedIn profile.
03/06/2017
Global Wealth Management Change at Deutsche Bank
The bank will also abandon its plans to sell Postbank, and will integrate Postbank into the rest of its retail banking business.
03/06/2017
Job losses likely as Standard Life and Aberdeen reveal £11bn merger terms
Deal expected to cut costs by £200m a year with planned merger set to push competitors to consider rival tie-ups
03/06/2017
City Financial launches risk‐rated portfolios with Novia Global
We believe we can deliver attractive returns through our established approach to tactical asset allocation and differentiated fund selection.
03/06/2017
Managers bullish on asset and wealth sector
Alignment in these two areas will be imperative in unlocking the revenue growth that they foresee.
03/05/2017
Aberdeen and Standard Life enter into merger discussions
"Further to the recent press speculation the boards of Standard Life and Aberdeen confirm that they are in discussions in relation to a possible all-share merger," they said.
03/03/2017
Investec W&I launches structured product service
Two risk-mandated portfolios
03/03/2017
Canaccord Genuity Wealth Management acquires Duncan Lawrie’s Isle of Man clients
We look forward to welcoming our new clients on board and providing them with the exceptional quality of service and investment offerings that we are known for.
03/03/2017
WMA ditches FTSE as data provider on benchmark indices
The indices are the longest-running private investment, multi-asset index series in the UK
03/02/2017
GAM Holdings 2016 underlying pre-tax profit CHF 120.1 million
Net outflows of CHF 10.7 billion due to heightened risk aversion among investors amid political and economic uncertainty
03/02/2017
Schroders Wealth Management net operating revenue increases 8%
Net flows in early 2016 were impacted by clients’ preference for private assets after limited market returns in previous years and also for property in the UK. There were total net outflows of £0.3 billion.
03/02/2017
How Adelaide boy Peter Flavel became the Queen's banker as Coutts CEO
It led to the establishment of the mass affluent and the private bank client segments at NAB.
03/02/2017
Julius Baer and GAM terminate brand licence agreement
Julius Baer allowed GAM to continue running Julius Baer-branded investment funds under a royalty-generating brand licence agreement.
03/02/2017
Schroders ditches quarterly reports as wealth head steps down
Combined with acquired growth and market appreciation overall assets rose from £313 billion to £397 billion, while income rose 8% to £1.7 billion.
03/02/2017
Schroders pays £86m for stake in advice company
In its results Schroders said Benchmark Capital increased its assets under administration over 2016 to £11.1 billion.
03/02/2017
Investec W&I launches two structured product portfolios
IW&I’s specialist structured products team will manage both portfolios.