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Wealth and Asset Management

04/01/2014

Charles Stanley's Cardiff office opens it doors

The company hired a team from Barclays Wealth at the end of last year and the new office will be headed by Andrew Stansfield.

04/01/2014

Rathbone Brothers To Buy Jupiter Asset Mgmt.'s Private Client & Charity Opns.

The consideration would be received in cash and is subject to a minimum of 32 million pounds.

04/01/2014

Aberdeen completes £550m Swip acquisition and targets cost-savings

The acquisition, which creates a combined group with £324.5 billion in assets under management,

04/01/2014

Miton's AUM surge past £3bn, but profits dip

Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.

04/01/2014

Wealth management firm completes £6.4m sale of Liverpool office

Wealth management firm has confirmed the sale of its Liverpool operation to Seneca Investment Managers.

04/01/2014

Blue-chip wealth management company eyes law firm acquisitions

The firm claims to be “radically” different from other financial firms by offering financial, investment, tax, accounting and legal expertise under one roof

04/01/2014

'Shanghai's Hutchison Whampoa' acquires 19.2% of German Private Bank

The investment was done by injecting about €98.5 million ($135.7 million)

04/01/2014

JPMorgan Tackles European Unemployment with $30m Jobs Scheme

Banking giant JPMorgan plans to help tackle unemployment in the UK and Europe with a $30m jobs scheme which will investigate how to get more people into work.

04/01/2014

Swiss asset manager Pictet to expand London operations

Swiss asset manager Pictet said on Tuesday it would expand its wealth management operations in London and hire between five and 10 bankers over the coming months.

04/01/2014

Ukrainian Wealth Floods London Housing Market

Russians are the second-highest spenders in London's property markets, followed by Kazakhs, Azerbaijanis and Georgians among buyers from the former Soviet Union.

04/01/2014

CORRECTED-UPDATE 1-Aberdeen Asset Management to cut costs after money leaves funds

Aberdeen Asset Management said it planned to cut costs after weakness in emerging markets drove more money out of its funds in the first two months of the year, lifting its shares.

03/31/2014

AFH posts £1m profit as it prepares AIM float

Strong Revenue Performance. Profit Growth. Increased Dividend

03/31/2014

Berenberg expands UK private banking team to serve ultra wealthy

German privately owned investment bank Berenberg has set up a new team in London to handle business with "ultra-high net worth" customers

03/31/2014

IoD lunch to highlight future prospects for Jersey’s finance industry

Geoff Cook, CEO of Jersey Finance, will be the guest speaker at this month’s IoD lunch to give a talk entitled ‘First for Finance: current performance and future prospects for Jersey’s Finance Industry’.

03/31/2014

Standard Chartered pays 118 bankers at least $1.4m

Asia-focused bank Standard Chartered paid 118 of its bankers at least $1.4m last year, topped by a $9.5m payout to Mike Rees, head of its wholesale or investment banking division.

03/31/2014

Chris Macdonald: we don't fear FCA in-house funds probe

Chief executive officer of Brooks Macdonald has welcomed the FCA's decision to launch a probe into how wealth managers use in-house funds.

03/31/2014

Towry to launch advisory investment service

Towry is set to launch an advisory service, following its acquisition of Bluefin.

03/28/2014

Swiss Bank Pictet Opens Office in Munich for German Clients

Pictet joins Swiss banks Julius Baer Group Ltd. and Vontobel Holding AG in opening new premises in Germany

03/28/2014

Lord North Street and SandAire agree merger

Currently both firms advise wealthy families

03/28/2014

€2.5m profit for Kleinwort Benson

The rise in assets under management follows a number of new business wins

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