09/23/2013
Barclays unveils D2C Wealth Direct plans
The bank is hoping the proposition will go live in 18 to 24 months and it is set to pull together services across its business, ranging from investment, trading and banking.
Wealth and Asset Management
09/22/2013
Aberdeen Says Clients Pull $1.9 Billion From Its Funds
Aberdeen Asset Management said clients pulled 1.2 billion pounds from its funds in the two months to the end of August
09/22/2013
Peter Horrell takes over as chief of Barclays' wealth arm
Horrell will report to CEO Antony Jenkins and takes on the mantle from former chief Tom Kalaris, who decided to retire earlier this year.
09/22/2013
Charles Stanley boosts adviser focus
Charles Stanley currently has 30 regional offices across the UK and is set to open an office in Leicester at the end of the month after it poached 19 members of staff from rival Brewin Dolphin’s office in the city.
09/19/2013
Barclays Says European Wealth Chief Quits Bank
He decided to leave after five years in senior management roles
09/19/2013
Deutsche Asset & Wealth Management hires head of smart beta
The development of smart beta passive solutions and products is very much a natural evolution of the passive asset management business
09/19/2013
Wealth firms, lawyers & accountants unite to tackle US conundrum
They include Vestra Wealth, Maseco Private Wealth and Satis Asset Management, who are sponsor members, while Speechly Bircham and Withers are corporate members representing the lawyers and Deloitte, Buzzacott, Frank Hirth and BDO the accountants, along w
09/18/2013
StepP Private Client Awards set the standard for industry excellence
Five leading industry figures and 15 firms were honoured at the STEP Private Client Awards 2013/14, which were announced last night in a glittering Awards ceremony at the London Hilton on Park Lane
09/17/2013
Bond manager Dvorak leaves Barings
Dagmar Dvorak, who managed the Baring Global Bond Trust, has left the company.
09/16/2013
Investec Wealth & Investment performance 'well ahead' on improving margins
Total funds under management were posted at £36.7 billion at the end of September 2012 and by 31 August 2013 they had climbed to £39.4 billion.
09/15/2013
Swiss private bank wants to sell its German private clients unit
France's BNP Paribas and Spain's Santander are among those interested in buying the business.
09/15/2013
Julius Baer Integration Chief Says Merrill Transfer on Track
Julius Baer is making acquisitions to compete with larger UBS AG and Credit Suisse AG
09/12/2013
7IM applies platform charge to own funds
7IM says the new platform charge will be applied to its own funds from April 2014, alongside the incoming platform rules.
09/12/2013
Bank of Ireland seeks reduction in private banking jobs
She declined to confirm how many redundancies were being targeted in the division, or to state what the ultimate target number for redundancies across Bank of Ireland would be.
09/11/2013
Apcims looks to rebrand as Wealth Management Association
Apcims adds it has already secured the rights to a new trademark and the name Wealth Management Association.
09/10/2013
Brooks Macdonald profits up 22%
Organic growth of over 15% (stripping out market growth and acquisitions)
09/10/2013
Sussex advisers launch Juno Wealth Management brand
Sussex-based husband and wife Tracey and Derek Evans have left national IFA Ashley Law and rebranded their firm as Juno Wealth Management.
09/10/2013
SJP switches management across three funds
St James’s Place has made a number of management changes across three of its funds as First State head of global emerging markets Jonthan Asante moves onto its Worldwide Opportunities and Worldwide Managed portfolios.
09/09/2013
World's Ultra Wealthy Population Reaches All-Time Record
Growth in North America and Europe, Asia Rebounds while Latin America Slips In Inaugural Wealth-X and UBS World Ultra Wealth Report
09/08/2013
Shake-up looms in Singapore banking, wealth managers warn
Intense competition, a tendency for wealthy Asians to use multiple private bankers