04/24/2014
St James’s Place reported that it had been ‘considering the addition of a complementary global strategy that would enable Dan and David to continue to manage the fund whilst catering for the anticipated future growth in assets under management
04/24/2014
Firms are upping their game on the recruitment front
04/24/2014
Schroders has moved to close two of its funds, owing to their small assets under management
04/24/2014
GSAM has also launched an Advanced Beta Strategies platform
04/24/2014
India, Cyprus will in the next few weeks finalize changes to their double taxation avoidance agreement
04/24/2014
With the recent introduction of a new legal instrument called a trust fund
04/23/2014
Sanlam mulling launch of D2C proposition
National advisory firm Sanlam Private Wealth intends to launch a direct-to-consumer investment platform
04/23/2014
Revenue increased by approximately 50% year-on-year to £49.6 million
04/23/2014
It is a move that has prompted concerns
04/22/2014
Impax wins Queen’s award
Impax was one of the first asset managers to create funds investing in environmental markets
04/22/2014
HSBC PB hires Barclays discretionary boss as UK wealth head
His role will include responsibility for various teams
04/22/2014
Wealth management sector faces unprecedented change
New research from Aite Group highlights that while the United Kingdom, the sixth-largest economy in the world,
04/22/2014
UBS And Mornign Star Offer Solvency II Service For Funds
A unit of UBS is collaborating with research firm Morningstar to help asset managers calculate solvency capital requirements (SCRs) under the Solvency II regime at the fund level.
04/21/2014
The wealth sector is gripped by merger mania
The wealth sector is gripped by merger mania as advisory firms jump into each other’s arms to deal with rising costs and regulatory challenges.
04/21/2014
BlackRock, the world’s largest asset manager, is set to mount an aggressive challenge to UK life insurers after concluding that the government’s pension reforms could lead to the collapse of the annuities market.
04/17/2014
The wealth manager had £5.92bn of discretionary funds under management at the end of March, compared to £5.68bn at the end of 2013. New business accounted for £215m of the increase, while performance added a further £30m.
04/17/2014
Based on the Theoretical Post Consolidation Price, the Acquisition values EWMG at approximately GBP13.45 million with the value of the Total Consideration being approximately GBP7.1 million.
04/17/2014
Neuberger Berman is to launch a new fund that will invest in both hard and local currency emerging market bonds, Wealth Manager can reveal.
04/17/2014
The fund offers retail and institutional share classes denominated in US dollars and euros
04/16/2014
Improved Wealth Management Clients net margin to 29 basis points from 23 basis points in 4Q13