01/30/2013
Berry Asset Management wins 'Best Innovation' Award
Berry Asset Management has been announced as the winner of the ‘Best Innovation’ award at the inaugural ‘Portfolio Adviser Wealth Manager Awards’.
Wealth and Asset Management
01/30/2013
UK private bank hits a double £1 billion milestone
When, more than one hundred years ago, George Gilbert Williams, president of the famously conservative Chemical Bank, was asked for the secret of his success, he replied: “The fear of God”. There’s nothing new under the sun!
01/30/2013
BNY Mellon feels the green as new administrator for UK private bank
BNY Mellon will provide a full suite of services to the Irish fund range including derivative execution, KIID production, daily performance reporting and share class hedging.
01/29/2013
How 7IM plans to beat its rivals in the private banking space
In May of last year it announced that it would start taking deposits and offering clients loans through its platform.
01/28/2013
Anything a private bank can do...
7IM reckons it can do better and more cheaply
01/28/2013
The future of wealth management services
Wealth managers are under pressure to rev up their profits. Over the past several years revenues have been sluggish, margins tighter, and costs - particularly those involving regulatory compliance - higher.
01/28/2013
Royal Bank of Scotland could hand £4m in bonuses to investment chief
His departure from the bailed-out bank has been the topic of speculation for many weeks ahead of a fine
01/28/2013
Oaktree WM launches international business
The firm, run by former Wealth Manager cover stars Jeremy Arthur and Ian Brady, Invesco Perpetual’s ex-head of fund of funds, is planning to target international clients through the new business to be led by Shah. He joins from Christchurch Investm
01/27/2013
Chocolate maker Ferrero confirmed as wealthiest Italian: Wealth-X
Michele Ferrero, owner of renowned chocolate maker Ferrero, is the wealthiest Italian, according to research published by data and information consultancy Wealth-X.
01/27/2013
7IM delays adviser loans move
Seven Investment Management says it still plans to offer advisers a lending facility despite delays to the service’s launch.
01/27/2013
FSA gives controversial Tory donor permission to launch private bank
On its website it says: ‘The Bank is managed with the financial conservatism that has been the hallmark of the family.
01/24/2013
Global Wealth Managers Will Be 'Winners' in 2013 - Analyst
Wealth management is the most attractive and undervalued business for the banking universe in 2013
01/24/2013
SUN LIFE, RBC named to Global 100 in Davos
Sun Life Financial ranked 85, while Royal Bank of Canada came in 87
01/24/2013
Charles Stanley fee income jumps 13% as AuM break record
Total client funds under management rose by 4.6% in the three months to the end of December
01/24/2013
Brooks Macdonald discretionary assets jump 23%
Brooks Macdonald Group plc today announces a trading update for its half year ended 31 December 2012 together with an update on its funds under management.
01/23/2013
Lloyds' wealth arm caught in fresh jobs cull
The cuts come after some 360 job losses were announced earlier this week.
01/23/2013
St James's Place rides crisis with robust 2012 sales
Funds under management of £34.8 billion (2011: £28.5 billion) up 22% over the year
01/22/2013
Close Brothers AM set to move into the black
Claims it is on track to return to profitability in the coming year.
01/21/2013
Quilter-Cheviot £12bn merger given green light
Fund manager merger to be completed after regulator agrees deal.
01/21/2013
Ongoing adviser fees averaging at 0.6%: FundsNetwork
Platform sees 10,000 clients set up on fee service since its launch in October.