12/01/2014
Lloyds woos private clients with loyalty rewards
Lloyds Bank has extended its loyalty reward scheme to its wealth management clients.
Wealth and Asset Management
12/01/2014
Barings awarded RQFII status
The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.
11/30/2014
Coutts launches pilot scheme that enables customers of the bank to video call their advisor
Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.
11/28/2014
Low-cost ‘large mortgage’ service launched
A large mortgage advice service has been launched to counter high arrangement fees for more complex mortgages, Chris Morgan, lead financial adviser at Unusual Risks, has announced.
11/27/2014
Saunderson House sponsors the Global Law Summit
It is supported by organisations including The Law Society of England and Wales, The Bar Council, ComBar, Ministry of Justice, TheCityUK and UKTI.
11/27/2014
Intesa targets private banking, asset management acquisitions
Italy's leading retail bank Intesa Sanpaolo wants to boost its private banking, asset management and insurance businesses, including through acquisitions
11/27/2014
Diamonds are forever
Top reason for borrowing against wedding rocks includes to cover divorce settlement costs
11/27/2014
Will foreign firms lead the next M&A wave in wealth management?
There has been no let-up in merger and acquisition activity in UK wealth management in 2014.
11/27/2014
Cornish IFA expands services
Helston-based independent financial advice firm, Atkins Ferrie Wealth Management, is extending its services to include mortgage advice for the holiday home market.
11/27/2014
Aberdeen to fix the operating costs across its fund range
The asset manager has proposed to fix the “operating, administration and servicing expenses” on its funds, which are not included in the annual management charge (AMC) but are included in the ongoing charges figure (OCF).
11/26/2014
Traditional alts hubs squeezing out smaller players, survey finds
Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study
11/26/2014
Expansion of family-office industry leads to blurring of distinctions
Here’s a question: what is a family office anyway?
11/26/2014
Corporate and fund services provider reports significant growth in its Luxembourg operations
The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.
11/26/2014
122 Tons of Gold Secretly Repatriated to the Netherlands
The trend towards gold repatriation began with Hugo Chavez bringing Venezuelan gold back to Caracas in 2011
11/26/2014
Call for minimum advice fee to replace assets threshold
FTAdviser showed that advisers agreed £50,000 was a realistic threshold for new clients.
11/26/2014
Signia Wealth's hedge fund assets breach £500m
They boosted the hedge fund team with the hire of Michael Rosenthal, global co-head of hedge fund Investment at Amundi Alternative Asset Management, back in March.
11/26/2014
Asset management industry “already moving to centre-stage”
Europe’s asset management industry is already in the process of moving to centre-stage not just within the financial services industry but in the broader economy, delegates have been told at PwC’s 15th annual European Asset Management Conferen
11/26/2014
Schroders brings £4bn global multi-asset fund to UK
Schroders is opening its giant global multi-asset fund to UK investors to offer people a retirement solution in the radical overhaul of the pensions market.
11/25/2014
SPEAR'S Awards to Select Bankers for Millionaires
The names of the winners will be officially made public on 4 December at the Mossovet Theatre in Moscow.
11/25/2014
Coutts UK to be ringfenced from overseas sale
Royal Bank of Scotland will categorically rule out a potential bid for the whole of Coutts, its wealth management arm for affluent individuals, from Italian domestic lender Intesa Sanpaolo.