07/03/2013
Wealth manager apathy leaves investment trusts ‘vulnerable to corporate raiders’
This lack of demand for the funds’ shares has left them trading on wide discounts to the underlying value of their portfolios,
Wealth and Asset Management
07/03/2013
Edmond de Rothschild in major restructure
Following news its Paris-based fund selection chief was leaving
07/03/2013
Liontrust reports net inflows of £300m over Q2
Despite a sharp sell-off over the second half of the period Liontrust has reported net inflows of £302 million in the three months
07/03/2013
Seven IM teams up IFAs, accountants and solicitors
Seven Investment Management has started a programme of bringing solicitors, financial planners and accountants together
07/03/2013
Tax relief for charities and donors increased to £4.09bn in 2012/13, HMRC reveals
Figures show that charities claimed £3bn and donors claimed £1.09bn, including £510m from inheritance tax and £40m in payroll giving
07/02/2013
Investec Wealth & Investment’s Ashes 2013 Cycle Challenge team have broken the £100,000 fundraising mark
Over 70 cyclists, including staff from IW&I and their guests, are participating in the ride which will cover all five Ashes Test grounds in five days in mid-July. The target is to raise £200,000 in total.
07/02/2013
2plan Wealth Management post first profit
Keeping on top of overheads and investing in technology, particularly “bespoke” software, had also improved the firm’s financial performance,
07/02/2013
Aberdeen Asset Management pair die in cycle tragedy
The fact that they died in such tragic circumstances while trying to help others less fortunate
07/02/2013
Bonus Limit for Fund Managers Rejected in EU Parliament Vote
The European Parliament narrowly rejected proposals to ban fund managers from receiving bonuses amounting to more than their annual salary
07/02/2013
AWD Chase de Vere profits hit as it braces for Keydata fight
Independent financial adviser Chase de Vere has posted a £11.6m loss for 2012
07/01/2013
Government 'to ask Rothschild to advise on RBS split'
The Government is this week expected to ask Rothschild to advise it on separating RBS into a good bank and bad bank.
07/01/2013
Ashcourt Rowan plans workplace push as earnings increase
he wealth management firm said it planned to develop its workplace pensions business to increase its market share
07/01/2013
Seven firms which could buy Deutsche's regional wealth arm
Wealth Manager broke the news that Deutsche Asset & Wealth Management is readying a sale of its regional network and the bulk of the former Tilney business that it acquired in 2006.
06/30/2013
Fortunes Grow For Ultra Wealthy In Core Europe Despite Tough Economic Conditions
Despite challenging global economic conditions, the ultra wealthy in France, Italy, Germany and Switzerland are getting wealthier and growing in numbe
06/30/2013
Syz Group positions for better days with expansion plans
Swiss-based Syz & Co Group, encompassing the three business lines of private banking, institutional asset management and Oyster Funds
06/29/2013
Axa Wealth closes pre-sale adviser helpline after post-RDR review
“These changes are designed to increase our support for our key adviser population through greater segmentation and tailored consultancy support.”
06/28/2013
Kuwait wealth fund backs British recovery
Kuwait’s sovereign wealth fund has backed Britain’s recovery prospects as new data indicated the pace of growth may be picking up.
06/27/2013
UBS France Revenue Seen Rising 10% as Bank Talks to Authorities
UBS AG (UBSN)’s French unit has boosted revenue by 10 percent in the first half as it returns to profit
06/26/2013
Wealth manages struggling with transformational change
These dynamics are further compounded by shifting demographics and existing challenges around operations, technology, and talent management.
06/26/2013
London ‘third most successful financial centre in wealth management’
Switzerland held its spot as the number one city for wealth management and private banking activities in the survey