08/18/2013
Brown Advisory to support U.S. Expats Brown Advisory to support U.S. Expats
Currently around 126,000 U.S. nationals reside in the U.K.
Wealth and Asset Management
08/18/2013
Helm Godfrey profits hit by RDR costs
Helm Godfrey blamed the cost of the retail distribution review (RDR) and the acquisition of the employee benefits arm of Truestone Asset Management in 2011 for the dip in profits.
08/15/2013
James Brearley hangs in the black after 36% profit fall
The wealth manager has increased its assets under management to more than £900 million across all divisions.
08/14/2013
JPMAM appoints new manager to Sterling Corporate Bond fund
The move comes after the fund was recently placed under review.
08/14/2013
Barings renames retail team to reflect target clients
Baring Asset Management has renamed its UK retail team to avoid confusion with direct-to-consumer sales.
08/12/2013
Van Lanschot net profit rises
Solid capital base strengthened substantially: Core Tier I ratio up from 11.0% to 12.5%
08/11/2013
Rothschild parent Q1 revenue drops 4.2 pct
Paris Orleans, the holding company for boutique investment bank Rothschild, said on Friday that its first-quarter group revenue fell 4.2 percent as lower profits in merchant banking outweighed an uptick in financial advice.
08/11/2013
Sanlam Private Wealth snaps up two more client banks
The UK-based division of the South African headquartered company has acquired Telford-based Cornforth Consultants Wealth Management and Shropshire-based Wealthport.
08/09/2013
Wealth Management Growth Seen on U.S. Expats, Facta, FT Reports
More wealth management firms are likely to come into existence to give tax advice to U.S. citizens living abroad
08/08/2013
Deutsche to start Tilney sale talks in September
Deutsche Asset & Wealth Management has set a September deadline to kick off the first round of bids for its loss-making Tilney business.
08/08/2013
Charity Commission publishes new guidance on trustee decision making
The guidance 'aims to help increase trustees’ confidence when making decisions, and inform their process' by setting out key principles for good decision making.
08/08/2013
Charities SORP Consultation
The solution suggested is that a mixed motive investment should be treated as though it were a pure financial investment
08/07/2013
Schroders reports AUM up 21 per cent
Profit before tax up 25 per cent. to £221.7 million (H1 2012: £177.4 million)
08/07/2013
7IM plots ‘smart beta’ overhaul for passive funds
The wealth manager has already shifted part of the four AAP portfolios into such products.
08/06/2013
Old Mutual weathers emerging market storm
Funds under management up 9%
08/06/2013
Old Mutual Enters Deal For International Financial Data Services
Outsourcing and technology agreement for UK platform
08/05/2013
Standard Chartered Knocked By $1bn Korean Business Hit
Standard Chartered, which makes more than 90% of its profits in Asia, Africa, and the Middle East, said Korea remains its most difficult market and that it was writing down the value of the business.
08/05/2013
Pressure on Apcims to back standard DFM disclosure
The discretionary managers are due to meet with the Association of Private Client Investment Managers and Stockbrokers (Apcims) later this month to discuss the plans.
08/05/2013
Wealth manager tests African investments
Fund manager at the wealth manager has repeated an African proverb that 'no one tests the depth of a river with both feet' to explain its view of investing in the continent.
08/04/2013
Bankers bonuses soar to £4.2m while average workers lose out
City payouts went up by £1.8billion in a year as fatcats delayed their bonuses to take advantage of Chancellor George Osborne’s cut in the top rate of tax.