09/13/2015
McKinsey warns European private banks over fees
The upcoming Markets in Financial Instruments Directive is likely to ban wealth managers from receiving inducements (retrocessions) from product providers within discretionary mandates.
Wealth and Asset Management
09/13/2015
Growing the angels' share
Most of all it needs more “angels”, wealthy and super-wealthy individuals prepared to rain down their hard-earned and unearned cash into the country's burgeoning start-up economy
09/11/2015
Barclays closes risky UK accounts of customers in Jamaica
Jamaica is one of some 130 countries with which the three centuries-old bank signalled it is cutting ties.
09/10/2015
Ex-Ashcourt compliance director launches consultancy
Wealth managers are having to pay more for in-house compliance personnel.
09/10/2015
Equiom’s expertise in the spotlight again at Monaco
Equiom has gained global recognition within the yachting industry by providing tax efficient bespoke yacht ownership structures.
09/09/2015
Unigestion wins Emerging Markets Manager of the Year
Together this has led to the consistent outperformance of the fund achieved by our equities team.
09/09/2015
Queen Elizabeth II Isn’t as Rich as You Think
Besides the unwinding of an empire and the economic booms and busts, her time as head of state has been marked by the rise of the super-rich.
09/09/2015
Wealth management firm Swoops For £8M NorthWest Competitor
They will pay an initial £5m comprising £2.5m in cash and 420,000 shares.
09/09/2015
Trust company launches Jersey-based wealth management service
The service will be managed out of the Jersey office.
09/09/2015
Stonehage Fleming rebrands following merger completion
The combined entity has become the biggest independent multi-family office in Europe
09/09/2015
Wealth and accountancy firms team up for new venture
The firm was named as the 'UK best single office tax practice' by tax publisher Lexis Nexis in 2012.
09/08/2015
Canaccord Genuity Wealth Management Launches Equity Portfolio Service
“The GPS Global Equity Portfolio Service was developed to meet growing client demand for offerings that provide exposure to a high quality mix of larger cap global equities.
09/08/2015
Canaccord Genuity Wealth Management Launches Equity Portfolio Service
“The GPS Global Equity Portfolio Service was developed to meet growing client demand for offerings that provide exposure to a high quality mix of larger cap global equities.
09/07/2015
Succession to buy 50 of 80 members by end of 2017
The new additions bring Succession’s total funds under management to more than £10.5bn.
09/07/2015
It's Not What You Do - It's Why You Do It
If one thing is for certain, it is that in an industry where products and services are commoditised
09/07/2015
‘After Schroders... I’ve got one more big job in me’
But the down-to-earth Mr Buxton is eager to stress that the additional position he has taken on at OMGI “isn’t a traditional chief executive role”.
09/07/2015
Who let the doves out? Coutts Global Markets Weekly
Over recent weeks the doves have been out in full force, with even the International Monetary Fund (IMF) joining the chorus with an unusual request for central banks to hold off raising rates. But we are maintaining our view that global economic fears are
09/07/2015
Tacit strikes out alone as AUM hits £350m
We have a good relationship with Raymond James and have decided to stay with them for the back-end and the link to Pershing.’
09/07/2015
AFH eyes buying £248k stake from ex-investment boss
The company said Denne would continue to be a shareholder in the business.
09/07/2015
Dutch family office gives mandate to Cologne-based private wealth manager
The firm prefers recently-built assets or development projects at least 40% pre-let, that can be secured in a forward deal. Depending on the use and location of the asset, multiples can reach up to 20x rental income.