05/28/2013
Middle East's affluent pursue wealth creation
Wealthy investors in the Middle East are drawn
Wealth and Asset Management
05/28/2013
Leading Swiss private banking group to acquire Lloyds International Private Banking business
The transaction, carried out with the support of Caurus Partners and MilleniumAssociates AG, remains subject to the requisite regulatory approvals being completed.
05/28/2013
Ian Fleming family, GHP double Russian fund stakes at exit
“We are delighted with the outcome for our clients against the backdrop of an extremely difficult global market over the last few years and the challenges presented by operating in a complex real estate market
05/28/2013
Odey Up 25%
The London-based hedge fund's performance is made all the more impressive as its European Fund rose 24.1% in 2012
05/28/2013
Deutsche Bank’s Sal. Oppenheim to cut more than third of jobs
The bank, which caters to ultra-rich Germans, said in a statement it would cut up to 330 jobs out of a total of 870 by the end of 2014.
05/27/2013
Ashburton targets private wealth and family offices with launch of Africa Equity Opportunities Fund
Africa Equity Opportunities Fund to be the first Ashburton UCITS fund
05/27/2013
Kleinwort Benson could be back on market as hedgies turn on parent
RHJ has seen around 80% of its value wiped out
05/27/2013
Santander confirms plans for asset management sale
Exploring the possibility of incorporating investors to its asset management division
05/27/2013
Pictet to Lombard Odier Win Clients Amid Swiss Secrecy Crackdown
They are adding client assets faster than their biggest rivals
05/26/2013
Handelsbanken completes acquisition of Heartwood in the UK
Heartwood has some 90 employees and conducts discretionary management
05/26/2013
People still want to be bankers
The image of the financial industry has suffered badly
05/26/2013
Credit Suisse opts to groom wealth managers
The most challenging thing in Asia is to get the right people on board
05/25/2013
Carmignac boosts UK presence via Raymond James platform
UK investors are increasingly appreciating the value of investing globally
05/23/2013
Close Brothers delivers good performance
Growth in the business was slightly lower than last year due to a moderation in demand in some markets. The net interest margin remained broadly stable.
05/23/2013
UBS Continues To Broaden Footprint In UK Regions
UBS hires UK client advisers from Lloyds and Brown Shipley
05/23/2013
BNP Paribas multi-asset chief quits to join UK giant
In his new role the Dutch-born manager will have overall responsibility for LGIM’s asset allocation strategy
05/22/2013
Aberdeen completes $179.9m acquisition of Artio
As at 17 May 2013, Artio managed assets of $10.6 billion (£7.0 billion).
05/22/2013
Iveagh's Wyllie increases commercial property exposure
Iveagh’s Chris Wyllie likes bricks and mortar
05/22/2013
Investec wealth arm grows profit to £50.7m in 'encouraging' year
Investec Wealth & Investment has increased its profit by close to a third year-on-year.
05/22/2013
Critchleys launches private client arm
Under the new proposition, clients will pay a fixed price for their financial plan