11/17/2014
Wealth managers face ‘sweeping changes’
A lack of trust among rich clients is leading investors to hold more money in cash and bypass wealth managers altogether by investing directly in property and private equity.
11/17/2014
Pictet looks to expand in London
Geneva-based private bank Pictet is planning to double the size of its team in London.
11/17/2014
The opening of the Edinburgh office fits within the framework of SYZ Asset Managements expansion in the UK, which is one of its priority growth markets.
11/17/2014
Geneva-based private bank looks to expand in London
Geneva-based private bank is planning to double the size of its team in London.
11/17/2014
Now in their sixth year, the awards take place annually and recognise individuals whose long-term contribution to the society has gone above and beyond what is expected of a member.
11/17/2014
Efficiencies Needed to Support Europe's Wealth Management Growth
This means front line productivity and operational efficiency need to be further increased to address industry-wide cost increases and declining revenue yields.
11/14/2014
Adviser interest in Charles Stanley’s discretionary fund management model has been “slow” because its “different concept” is not what advisers are used to, the firm’s wealth management director admitted to FTAdviser.
11/14/2014
European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.
11/14/2014
When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them.
11/13/2014
Bath-based Epoch Wealth Management has been ranked one of the UK’s top 100 independent financial advisers by respected industry magazine New Model Adviser.
11/13/2014
UBS Agrees to Sell Belgian Private Banking Business
The Swiss bank manages more than 3 billion euros in assets and employs 60 staff, including 20 private bankers
11/12/2014
Spanish Family Office Starts New Hedge Fund
Registered a new hedge fund in Spain that will invest in three to 10 hedge funds.
11/12/2014
Clarkson Wayman Ball outsources investment to Brooks Macdonald
Brooks Macdonald Asset Management has agreed a strategic alliance with IFA firm Clarkson Wayman Ball to offer its investment management portfolios to advised clients.
11/12/2014
'Tomorrow - the world': Stonehage and FF&P on their merger, their future and whether they're more like Harrods or Westfield
Spear's got one of the first interviews with the heads of the new business and took the chance to ask them what it meant for their clients and for the industry at large
11/12/2014
Actuary buys IFA to boost financial planning arm
Actuary Punter Southall group has bought employee benefit and private client financial planning firm Blacktower Financial Advisers.
11/11/2014
Are Sovereign Wealth Funds About to Take Over European Soccer?
Fans of European, and especially English, soccer have become used to a particular type of face in the crowd over the last decade — the face of the foreign billionaire club owner.
11/10/2014
SocGen CEO ready to make European acquisitions
Oudea was reported as saying that SocGen's performance since the start of the year makes him confident that it will achieve its targeted dividend payout ratio of 40 percent of profit this year and 50 percent in 2015 and 2016.
11/10/2014
Consolidators defend business model criticism
IFA consolidators have rebuked claims that they force acquired firms to become restricted, however they stated that independence is not a key driver as to whether a consolidation vehicle will succeed or fail.
11/10/2014
What was Ansbacher?
Wealthy clients opened offshore trusts and lodged money through him
11/07/2014
Pensions freedom a ‘bumper’ opportunity for advisers - St James’s Place
Next year’s pension liberalisation will provide a “bumper” opportunity for advisers