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JOHIM rebrands as Waverton

J.O.Hambro Investment Management has rebranded itself as Waverton Investment Management today following the management buy-out from Credit Suisse.

Ashcourt Rowan completes Generali Portfolio Management acquisition

This acquisition adds c.£215 million in discretionary assets under management and c.£2 million of predominantly recurring annual revenues.

Bermuda’s largest independent bank to acquire Legis Trust business

“The acquisition of Legis Group’s Guernsey trust operation adds further scale to Butterfield’s international trust business, and adds to the strength and depth of our specialist trust team internationally.”

Significant concerns and risk of conflict for today’s DC pension trustees and members - RESEARCH

The key findings highlight the tensions currently being felt, suggesting a risk of conflict between members and trustees:

Sarasin & Partners expands its Global Equity Income range to four funds

Recognising the increasing demand for global equity income investments, Sarasin & Partners has launched two new global equity income funds.

German Watchdog Criticizes Deutsche Bank's Bonus Policy

German financial watchdog Bafin has spoken out against Deutsche Bank's bonus policy and urged the country's flagship lender to abide by new remuneration rules

Barclays unveils regional management line-up as job cuts bite

Barclays has unveiled a streamlined regional management structure after an overhaul of its wealth business led to a raft of regional roles being cut.

Willis Group to Acquire Specialist Broker

The Firm currently has 61 employees and consultants based in Hong Kong, Singapore, Switzerland and the US.

Ex-Barclays private bank boss joins Nikko AM as CEO exits

Meanwhile CEO Beazley, who is also the Japanese group’s president, will be replaced by former Nomura boss Takumi Shibata.

UBS plans to launch South West hub

The wealth management division’s team of private client specialists currently services the South West from its London office.

Fleming Family & Partners cautious on profit after strong year

Fleming Family & Partners chief executive Mark Davies has warned the firm is ‘unlikely to see a significant growth in profitability in the short term,’ despite posting strong full-year results.

European Wealth buys three funds from Hume Capital

The firm has acquired the Hume International Bond fund, which will be renamed the European Wealth Sterling Bond fund, and the Hume Global Opportunities and Hume European Opportunities equity funds, expanding its presence in retail fund management

Axa Wealth reviews social media

Axa Wealth, the wealth management division of insurance specialist Axa, is in the early stages of reviewing its social media arrangements.

Rathbones boosts AUM to £22bn

Funds managed by Rathbones increased 21 per cent to £20bn during the quarter, increasing from £16.7bn in Q4 2012.

Wealth manager continues expansion drive

The firm has been on an acquisition spree over the last few years, targeting professional services firms.

Lighthouse sells stake in Bristol adviser to Towry

Lighthouse Group has sold its 50.1 per cent stake in Bristol-based wealth management firm Deverill Black & Co to Towry for £501,000.

Despite disruption, RDR has benefited industry: RBC

The RDR has been hugely disruptive but it is hard to argue against the benefits

Coutts chairman retires

Coutts & Co chairman David Douglas-Home has retired from the position after 14 years, Financial News has learned.

JPM Global Equity Income taken off Wealth 150

Hargreaves Lansdown has removed Gerd Woort Menker’s JPM Global Equity Income fund from its Wealth 150 list of favourite funds owing to its “mixed” performance.

Close Brothers Asset Management appoints Head of Research

He joins CBAM from AllianceBernstein

Wealth and Asset Management