03/13/2014
The shortlist of candidates, put forward for the Citywealth Magic Circle Awards 2014 has been released by the judges and the public vote is now open to allow the global private wealth industry to have their say.
03/13/2014
JPMorgan Asset Management is reducing its holdings of Europe’s higher-yielding debt as it bets a rally in the bonds is ending.
03/12/2014
Brooks Macdonald Reports 16% Half-Year Pretax Profit Growth
"Growth was achieved across the group, onshore and offshore, in our bespoke private client service, funds and managed portfolio service," Christopher Knight, chairman, said in a statement, adding that expectations for the current year "rema
03/12/2014
James Hay and Saunderson House parent company IFG Group has sold its IFA arm to Ascot Lloyd.
03/11/2014
British lender Close Brothers Group Plc posted a 21 percent rise in first-half operating profit driven by growth in its loan book at its core banking division.
03/11/2014
Gam is to soft close Citywire rated Michael Lai’s GAM Star China Equity fund which currently runs $2.42 billion, once assets pass $2.6 billion
03/11/2014
Van Lanschot today presents its 2013 annual results. Karl Guha, CEO of Van Lanschot: "The recovery in profit seen in 2013 demonstrates Van Lanschot's resilience in what are still challenging market conditions.
03/10/2014
Banks counting on wealth managers to build new revenue
The survey uncovered the five key traits of Pacesetters and the top challenges they face for continued success.
03/10/2014
The Times and Sunday Times have teamed up with Bestinvest to launch a wealth service.
03/07/2014
The chief executive of Old Mutual Wealth said the firm planned to increase headcount this year by up to 250 advisers
03/07/2014
Based in London he will spearhead the development of a new model for the provision of global family office services, aimed at helping families with increasingly complex issues to deliver on their personal and strategic objectives.
03/07/2014
Mike Hodges, managing director of Carrington, described Warren coming on board as 'another significant hire that we have made in the last 12 months'.
03/07/2014
Mike Hodges, managing director of Carrington, described Warren coming on board as 'another significant hire that we have made in the last 12 months'.
03/06/2014
Permira aims to complete the Bestinvest deal this month
03/06/2014
Old Mutual Wealth’s asset management arm Old Mutual Global Investors totalled £15m for the year
03/06/2014
Banks See Wealth Management New Cash Cow
Expect banks to become bigger players in the wealth management space. According to a new study by Fidelity, over half of bank executives expect to grow their revenue from wealth management practices by 25 percent in the next five years.
03/06/2014
Michael Dobson, Chief Executive, commented: “2013 was a record year for Schroders, with profit before tax and exceptional items up 41 per cent. to £507.8 million and assets under management up 24 per cent. to £262.9 billion.
03/06/2014
Barclays paid 481 staff more than £1m ($1.67m) last year, prompting criticism that pay is still too high and that banks have not changed their ways since the financial crisis.
03/06/2014
It marks a shift from the strategy employed with the integration of the two fund management businesses, which saw Cazenove's funds rebranded Schroders.
03/06/2014
Old Mutual Wealth has admitted liability claims following its acquisition of Intrinsic are inevitable but says the deal was still worth doing.