03/26/2014
Psigma Investment Management has made a play for Barclays Wealth clients with less than £500,000, after the bank itself scrapped its bespoke service for lower net worth clients.
03/26/2014
Eric Syz, the majority owner of Banque Syz & Co., acquired the shares of his two co-founders, Alfredo Piacentini and Paolo Luban, and told staff he has no intention to sell the Geneva-based firm.
03/25/2014
Award winning wealth manager expands portfolio management team with two senior hires
These key appointments demonstrate our continued efforts towards strengthening and growing our private client services.
03/25/2014
IFP loses out to Shropshire IFA in NS&I jackpot bid
The Institute of Financial Planning has failed in its bid to supply planners to £1 million premium bond winners after losing out to a firm of four advisers based in Shropshire.
03/25/2014
Punter Southall forms strategic pact with Kent-based wealth firm
PSG group managing director Kenneth McKelvey will join the board of AFG, which will continue to operate independently under the leadership of chief executive David Taplin.
03/25/2014
F&C shareholders agree BMO takeover
Shareholders in F&C Asset Management have given the go-ahead for Canadian financial conglomerate BMO to buy the fund manager.
03/25/2014
F&C: responsible investment ‘continues to gather momentum’
Responsible investment “continues to gather momentum globally”, driven by investor values, risk management and the introduction of stronger codes and standards.
03/24/2014
British life insurance and pensions group in advanced talks to buy rival asset management unit
It is in "exclusive and advanced" talks to buy rival
03/24/2014
"Credit Suisse has been working on efficiency measures for some time," said a Credit Suisse spokesperson to Reuters, without confirming the report.
03/24/2014
Miton Group saw assets under management surge by 73.5% to £3.1 billion in 2013 on the back of its acquisition of PSigma.
03/23/2014
UK retirees will no longer be compelled to convert their retirement savings into an annuity contract.
03/23/2014
Pinnacle Private Wealth, a Woburn-based firm which provides customized wealth strategies for businesses and individuals, has merged with Wachusett Wealth Management of Leominster.
03/23/2014
British life insurance and pensions group Standard Life has announced it is in "exclusive and advanced" talks to buy rival Phoenix Group Holdings' Ignis Asset Management.
03/21/2014
Investment trusts chasing places in model portfolios may need an overhaul in order to meet wealth managers’ expectations of size and liquidity
03/21/2014
Morgan Stanley today announced that four UK-based charitable organisations will benefit from the Firm’s first UK Strategy Challenge.
03/21/2014
The Strategy Challenge is Morgan Stanley’s signature skills-based volunteer program, which provides non-profit organisations with pro bono strategic consulting.
03/21/2014
‘We are selectively recruiting investment professionals to try to capture flows
03/21/2014
Sanlam Private Investments (SPI) has created a new company to which professional connections can outsource their clients’ wealth management through a joint venture approach.
03/21/2014
Ex-UBS equities head to set up African venture
A former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.
03/20/2014
France's big banks are embracing an unlikely challenge - to prise away some of Germany's mighty Mittelstand of small and medium-sized enterprises from their local banking partners.