03/30/2015
WMA chair adds to Alliance Trust pressure with open letter attack
Tim Ingram, chair of the Wealth Management Association and a former director of Alliance Trust, has backed Elliott Advisors’ proposals
Wealth and Asset Management
03/30/2015
Jersey's transnational role highlighted at City Week
During the session, panellists discussed financial regulation, corporate governance, and jurisdictional competition, and agreed that collaboration between international finance centres was highly desirable.
03/28/2015
UBS Chairman: Europe could look this bad for years to come
Axel Weber tells Al Jazeera that without the right reforms, “Europe will look as bad as it does today” in a few years
03/27/2015
Gentoo Fund Services expands into Europe
Having gained regulatory approval, the 13 strong Luxembourg team will continue to serve existing clients, supported by Gentoo’s 29 employees based in Guernsey. The company will be renamed Gentoo Financial Services (Luxembourg) S. A.
03/27/2015
Family office conference addresses major industry issues
The conference included a mixture of speakers, workshops and panel discussions, enabling coverage of subjects that ranged from the need for family offices to adapt to cultural and generational differences to the very nature of what defines a family office
03/27/2015
Aberdeen Asset Management purchases of remaining stake in joint venture
The transaction is a part of Aberdeen's strategy to consolidate and strengthen further its alternatives platform
03/27/2015
Russian Investors Take Conservative Approach To Wealth
The number of wealthy Russian investors employing a conservative wealth management strategy has more than quadrupled in two years, according to a report due to be released by Campden Research next week.
03/27/2015
International wealth manager launches ‘aggressive’ assault on UK market
“It remains unusual for internationally focused advisory firms to develop extensively in the UK.
03/26/2015
Prestigious award recognises an 'unsung hero' at Ramsey Crookall
Perry Downward, Director of Operations at Ramsey Crookall, has won a prestigious title at the 2015 City of London Wealth Management Awards
03/26/2015
Equiom recognised once again in eprivateclient’s ‘Most Admired Companies’
Equiom has been listed as one of eprivateclient’s ‘Top 25 Most Admired UK Companies’ for the third year running
03/26/2015
Rival Rothschild branches face court battle over family name
News of the impending cease-and-desist order reflects an escalation of hostilities between two sides of the family
03/26/2015
Swiss private bank set to buy RBS's Coutts International - source
Britain's Financial Times had earlier reported UBP is expected to pay about $600 million (404 million pounds) to $800 million, citing two people familiar with the situation.
03/25/2015
Bermuda becomes prime location for investors
After successfully marketing itself in North America as a prime asset location with investor-friendly regulation, Bermuda is keen to achieve similar success in Europe
03/25/2015
Swiss private bank to buy majority stake in British asset manager
Swiss bank Vontobel Swiss private bank said on Wednesday it would acquire a 60 percent stake in London-based TwentyFour Asset ManagementHolding said on Wednesday it would acquire a 60 percent stake in London-based TwentyFour Asset Management
03/25/2015
Adviser consolidation ‘inevitable’ in wake of April reforms
The provider stated that the move - which has been trailed by bankrolling IFA acquisitions - was in response to fundamental changes
03/25/2015
Opportunities to diversify alternative funds offering highlighted at Jersey funds conference
Jersey has an opportunity to diversify its alternative funds capabilities and a growing role to play as a European domicile supporting US fund managers, according to panellists at this year’s Jersey Finance Annual London Fund Conference.
03/25/2015
Jersey set to meet investor ambitions by Geoff Cook
Growth in trade and population are the megatrends of our times and commentators tell us that their impact will be bigger and their development faster than anything experienced before, even during the industrial revolution.
03/25/2015
Why Coutts’ Higgins is looking to peripheral Europe
This was primarily via German and UK equities, to which he currently has 30% allocated. To gain exposure to Europe, Higgins bought low cost ETFs.
03/24/2015
Family offices defy generalisation, panel of experts conclude
The panellists thought that good communication between the family was the key.
03/24/2015
LYJAPCS targets HNW individuals
According to the people behind the London Yacht, Jet & Prestige Car Show (LYJAPCS), London has twice as many billionaires and millionaires than any other city on earth