07/11/2016
Asset managers have worst year since financial crisis
BCG put the lack of growth down to slow net flows and the negative and turbulent performance of global financial markets.
Wealth and Asset Management
07/11/2016
Lloyds eyes fresh job cuts as savings programme speeds up
The move would add to the 9,000 job losses and 200 branch closures already in the pipeline.
07/08/2016
UBS Asset Management Wins Mandate For ZIREF From Zurich Investments Life
Being awarded this mandate builds up the achievements of UBS Asset Management, which has been engaged in the Italian real estate market for 12 years and with a dedicated platform established in 2015.
07/08/2016
Aberdeen Asset Management Extends Property Funds Suspension
So far, six commercial property funds have slammed the gates shut on investor redemptions, citing the too-rapid pace of withdrawal requests compared with their ability to sell underlying assets to get the cash needed.
07/08/2016
Singapore, Hong Kong, London and Zurich to Form Powerful Alliance
The professional body, seeing an opportunity in the current U.K. political turmoil, is proposing clubbing together with other top non-European Union financial centres to more closely align efforts to ensure access to EU markets.
07/08/2016
Schroder Real Estate Confident Post-Brexit As It Secures New Lettings
The trust said it has signed a seven-year lease with solicitors Irwin Mitchell for more than 39,000 square feet at the Riverside West office complex in Sheffield.
07/08/2016
UBS Advises Super-Rich to Buy European Dividend Futures: Chart
The contracts are undervalued, even after paring some losses following a “very sharp sell off post-Brexit.”
07/08/2016
Brexit Unlikely To Impact Outsourced AIFM Model For UK AIFs
There are significant reporting obligations under Annex IV and regulatory capital considerations, whilst risk management is far broader in scope, extending into every facet of a fund manager's operations.
07/08/2016
Succession Buys Scottish IFA For £2.5m
The consolidator has bought Hamilton-based Caledonia Financial Planning for a total consideration of £2.5m.
07/08/2016
St James's Place Moves To Bid Pricing On UK Property Fund
The firm made the change to its SJP Property fund on Wednesday, a spokeswoman for the company said in emailed comments on Friday.
07/07/2016
National IFA gets multi-million boost from Clydesdale Bank to fund acquisitions
The national advice firm acquired London-based PFP Group and Managed Wealth last year and now plans to continue growing.
07/07/2016
Schroders launches first long/short Pan Asian equity fund on GAIA platform
The fund will be managed by the investment team at Indus Capital, led by Sheldon Kasowitz, CFA, Managing Partner and co-founder of Indus Capital.
07/07/2016
Swiss private bank partners with Italian boutique
This will build on the experience and the international presence of the Sturdza group.
07/07/2016
One of UK’s top wealth management firms aims to benefit from Brexit vote
The firm said it racked up a record number of new client wins.
07/06/2016
Yearsley's Wealthclub Expands Team as Firm Gains FCA Approval
The business was set up by Yearsley, formerly head of research at Charles Stanley Direct, and ex-Hargreaves Lansdown pensions expert Alex Davies earlier this year.
07/06/2016
Wealth firm seals deal for Bath-based adviser
Money Wise CEO Malcolm Coury will leave the business following the deal.
07/06/2016
Spain's Mapfre to expand global asset management business
Mapfre said the move was made to strengthen the global management of its investments
07/06/2016
Returning to the fold
The recent membership hike marks a reverse in fortune for the body.
07/06/2016
Russia Blows Through Wealth Funds As Plans Said to Focus on Debt
As it drains the reserves, net debt sales at home will more than quadruple next year to 1.29 trillion rubles one of the officials said.
07/06/2016
Property Fund Crunch: Is Your Money At Risk?
There is not much buying or selling of office blocks and other commercial properties at the moment, but the suspicion is that values are falling fast even so.