12/05/2013
Ex-Barclays team launches Glasgow boutique with SC Davies
The new venture offers direct UK equity and multi-asset mandates to private clients and charities.
Wealth and Asset Management
12/04/2013
Standard Chartered warns of fall in operating profit
Wealth Management income is up by a low single digit percentage year on year.
12/04/2013
Credit Suisse agrees to sell domestic private banking business booked in Germany to ABN AMRO
Credit Suisse has been proactive in evaluating its client service model in Western Europe to ensure that it is ideally aligned to capture opportunities and perform well in the current market.
12/04/2013
McLagan to acquire global wealth market intelligence and research consultancy Scorpio Partnership
McLagan, an Aon Hewitt company, has today announced its intention to acquire Scorpio Partnership, adding Scorpio’s wealth research and consulting insights to McLagan’s wealth management performance and reward advisory.
12/04/2013
RBC reports record earnings in Wealth Management
Record earnings in Wealth Management, up 18%
12/04/2013
Wealth Manager Top 100 star swaps BestInvest for Standard Life
Bestinvest senior fund researcher Mark Lane has left to take up a post with Standard Life Investments.
12/04/2013
Wealth managers, trust professionals keen to relocate
Even "several" who currently already live there were among the 28.6% who said they would most want to relocate to the Continent.
12/03/2013
Wealth managers must address their role in fund market oligopoly
It has enjoyed the best of both worlds: the open competition of the US, allied to the higher fees of Europe.
12/03/2013
SJP, Hargreaves and networks named as post RDR winners
In an unbundled world, this power appears to be shifting towards larger advisers and distributors.”
12/03/2013
Brewin Dolphin adjusted pre-tax profits up 22%
Brewin Dolphin Holdings' total managed funds stood at £28.2bn at its year-end on 29 September compared with £25.9bn at the 2012 year-end.
12/03/2013
Double-digit growth for Quilter Cheviot in Brum
The Bennett's Hill as is the biggest Quilter Cheviot office in the UK and Ireland employing 43 staff.
12/03/2013
Cameron Hume Selects Northern Trust For Investment Operations Outsourcing
Newly established investment management company Cameron Hume Limited has appointed Northern Trust to provide full investment operations outsourcing for its assets under management on behalf of large, sophisticated institutional clients.
12/03/2013
Zurich assets grow by £2.35bn in 2013: CEO
The provider’s UK life chief executive said UK platform assets had reached almost £7bn by the end of the third quarter of 2013
12/01/2013
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.
12/01/2013
Rowan Dartington to double investment team in regional push
Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.
12/01/2013
Fund groups in talks with Skandia over Select pricing fears
The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.
12/01/2013
Epoch Wealth Management celebrates corporate chartered status
Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.
12/01/2013
Hargreaves To Announce 'Waitrose-Style' Premium Pricing Structure
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
11/29/2013
Dominant City has most €1m bankers in EU
European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London
11/28/2013
UBS shrinks advisory team for rich in emerging markets
The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.