10/01/2012
Emirates Palace to host Coutts Polo at the Palace
Emirates Palace has announced it will host Coutts ‘Polo at the Palace’; a two-day tournament set to be one of the most exciting events in Abu Dhabi’s social calendar.
Wealth and Asset Management
10/01/2012
BNY Mellon Acquires 100% of WestLB Mellon Asset Management
WestLB Mellon Asset Management was formed in early 2006 as a 50:50 joint venture between BNY Mellon and Portigon.
09/30/2012
London-based wealth manager in £3.5m bolt-on
Acquisition follows plans, announced last year, to increase private client wealth management proposition.
09/30/2012
Alexander Beard Group in Outsourced Investment Partnership
Cheshire headquartered international financial services firm, ‘Alexander Beard Group plc’, has entered a partnership agreement with London & Capital, to provide an outsourced, discretionary managed investment proposition for use by its UK-
09/30/2012
Impax AUM falls
The Board expects the Company's operating earnings to be broadly in line with market expectations.
09/30/2012
City Financial acquires Eden Financial AM
City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence, Investment Week can exclusively reveal.
09/27/2012
Fairbairn name may disappear as Nedbank restructures HNW proposition
Nedbank Group Board took the decision to consolidate the group’s HNW client offerings
09/27/2012
Wells Fargo to target wealth management, retail and institutional investors
This is for the first time that Wells Fargo is taking assistance from any external PR advisers.
09/27/2012
Barclays new vault opens for gold
The decision stemmed largely from its customers' desire to have all aspects of their investment in precious metals handled by one firm.
09/27/2012
European Wealth makes third acquisition in South East push
The acquisition is European Wealth’s third in the two years since it launched.
09/27/2012
Kemp, Liddle & Hale team up for new investment consultancy firm
They will also provide due diligence, both qualitative and quantitative, on fund management investment processes.
09/27/2012
Novia takes top title at Bath Business Awards
Wealth management firm Novia took the top accolade at the Bath Business Awards last night.
09/27/2012
UBS WM star quits to launch Midlands multi-family office
Sorbus is targeting clients with investable assets of around £50 million
09/26/2012
Panmure eyes move into wealth management
Panmure Gordon is expanding into wealth management as part of efforts by its new leadership to diversify the business, as the UK broker swung to a profit in the first half of this year.
09/26/2012
Complaints about banks up 59%, says FSA
Complaints rose by 59% compared with the second half of 2011 to 3.58 million, the Financial Services Authority (FSA) said.
09/26/2012
Wealth managers expand services to private clients
UK wealth managers are bolstering their investment advice services in preparation for next year’s retail distribution review, which changes the fee structure for financial advisers.
09/26/2012
New head of Catella’s wealth management announced
The integration of the two sets of operations in Catella Bank will strengthen the range of services offered to clients, with both superior management services and borrowing and lending arranged by the bank.
09/26/2012
Ex-Bluefin practice head joins Best Practice
Best Practice has also taken on board Arch Financial Planning, a firm with eight advisers and around £90m assets under advice.
09/25/2012
Sir Andrew Crockett Obituary
Sir Andrew Crockett, who has died aged 69, was the only Briton to have held the post of general manager of the Bank for International Settlements, the Basle-based institution which fosters co-operation between the world’s central banks.
09/25/2012
Sanlam to merge Principal and Merchant Securities
A source familiar with the situation said the merger of Merchant Securities with discretionary fund managers Principal would lead to Sanlam targeting high-end clients with more than £500,000 to invest.