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Wealth and Asset Management

12/21/2016

Praxis Fund Services (UK) assists with the launch IPO for Bellevue Asset Management AG

The investment objective of BB Healthcare Trust plc is to provide shareholders with capital growth and income over the long-term, through investment in listed or quoted global healthcare companies.

12/21/2016

Qumram celebrates three coveted RegTech award successes in private banking and wealth management

The awards awarded by banking professionals, recognizing the vendors that are best positioned to help Qumram meet mission critical business challenges

12/21/2016

Ex deVere MD Mike Coady starts new job ‘with immediate effect’

Former managing director of deVere UK Mike Coady has become chief commercial officer ‘with immediate effect’ at rival firm Guardian Wealth Management.

12/21/2016

This businessman's firm has just spent £10m buying four more companies

As consumer demand for quality advice increases, so too do regulatory and commercial pressures

12/20/2016

Wealth manager bemoans "one of the toughest industry environments" since 2008, but is hopeful for 2017

WH Ireland said that during the course of the year assets under management and administration in its wealth management division have risen to around £3bn.

12/19/2016

Liechtenstein private bank LGT mulls further Asian acquisitions

LGT expects to see its assets under management in Asia rise

12/19/2016

Deutsche axes bonuses to pay toxic loans fine

Top bankers to miss out on payouts as lender braces for giant US settlement

12/19/2016

Bank of Singapore eyes London foothold

Asian private bank weighs UK branch in light of pound’s slide following Brexit vote

12/19/2016

BNP Paribas navigates choppy Brexit waters

Bank’s wealth management arm says the UK will remain a very important offshore centre

12/19/2016

Brewin Dolphin to buy asset management business for £28m

Brewin said it expected the addition to enhance earnings after the first year, while, on a pro forma basis, its funds under management is anticipated to increase to £36.1bn.

12/19/2016

WH Ireland cautiously optimistic about year ahead

The majority of the exceptional costs associated with this change will be taken in 2016, and as such will be fully disclosed within the annual results.

12/19/2016

World-first listing on CISE for global bitcoin fund

GABI was launched in 2014 as the world’s first regulated bitcoin fund when it received certification as an Expert Fund from the Jersey Financial Services Commission.

12/19/2016

Arbuthnot Latham snaps up Duncan Lawrie loan book

The loan portfolio is mainly secured against residential property and has a total balance of approximately £44.9 million with 83 customer accounts.

12/16/2016

Family office wraps up first annual fund at $166 mln

According to the firm, the investments will give them exposure to between 50 and 100 portfolio companies.

12/16/2016

Former Coutts & Co Trustees relaunches under Highvern brand

Coutts & Co Trustees has relaunched itself under a new boutique private client brand following the management buy out

12/16/2016

‘Once in a lifetime deal’ for Amundi and Pioneer

Difficult integration expected in drive to create European rival to BlackRock

12/15/2016

Van Lanschot and Achmea complete takeover of Staalbankiers' private banking activities

The acquisition adds around €1.7 billion to Van Lanschot's assets under management

12/14/2016

Coutts launches multi-currency debit card

With some clients travelling as many as 24 times a year, they were spending up to thousands of pounds on non-sterling transactions.

12/14/2016

Whitmill joins forces with Affinity Management Services (Malta)

It provides excellent possibilities for low-cost financing of investment transactions and international business through its extensive network of double tax agreements.

12/14/2016

Wealth managers shouldn’t avoid markets with complex regulations

Complexity is the very reason why clients hire private banking services, writes Philip Marcovici

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