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.
Wealth and Asset Management
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.
08/04/2013
Are bespoke discretionary portfolios sustainable on grounds of cost - London & Capital
The industry debate rages….. whether smaller bespoke discretionary portfolios are sustainable on grounds of cost, with a number of DFMs reviewing the suitability of clients with smaller pots.
08/04/2013
HSBC vows to limit impact of EU bonus cap
HSBC has vowed to sidestep European proposals to cap bankers bonuses to prevent an exodus of talent in its Asian and American markets, potentially by raising salaries.
08/04/2013
Canaccord Genuity looks to Europe equities and property
Nigel Cuming, CIO of Canaccord Genuity Wealth Management, is considering allocating to European equities and property as equity markets continue to rally.
08/04/2013
Credit Suisse spins off Johim
There are no plans to change our people, business model or investment process
08/04/2013
New Pearson Jones wealth management specialist to support HPH
A new wealth management firm has been appointed to work alongside Harrogate accountants HPH, Chartered Accountants.
08/04/2013
Brooks Macdonald to expand fund range
Mr Macdonald said the firm was currently conducting market research to gauge investor appetite for more funds.
08/01/2013
Generali says won't sell BSI if price not right
The result, which Generali called its best half-year performance in the past five years
08/01/2013
Q2 2013 Private Client Indices
The Q2 2013 performance figures for the ARC Private Client Indices and ARC Charity Indices have been calculated.
08/01/2013
HSBC Private Bank shuts UK immigration service on low client retention
The desk provided visa fast-tracking and advice services for overseas investors with more than £1 million under their possession in the UK
08/01/2013
Axa Wealth sales up 68% to £2.5bn
Sales on the Elevate platform rose by 52%, from £622m to £945m while assets under management increased by 48% from £4.3bn to £6.4bn.
07/31/2013
Rathbones’ first half profit grows 17%
Total net growth in funds managed by our investment management business was £780 million in the first half of 2013
07/31/2013
Consultation launches on bankers bonuses
The European Banking Authority (EBA) has launched a consultation on the different tools that banks can use to meet the standards of the bankers’ bonus cap legislation.
07/31/2013
Wilcocks & Associates targets £100m of funds under management
He and Mr Wilcocks were former colleagues in the wealth management division of Barclays and Mr Duddridge has extensive financial sector expertise.
07/31/2013
Wrexham-based Hadlow Edwards Wealth Management opens new office in Chester
The official launch of the office was conducted by St James’s Place Wealth Management’s executive director for the North West and North Wales, Matt Quinn.
07/31/2013
Specialist wealth management firm launches in UK
They adopt a new-model of investing
07/30/2013
SJP tipped to pick up orphan clients in RDR world
An analyst note from the bank said: ‘St James’s Place appears well placed for the post-RDR world. We expect sales to be boosted in H2 as the partnership [SJP advisers] begins to pick up “orphan” clients whose advisers retired as a
07/30/2013
Brewin Dolphin reports good performance in the third quarter
The Group recorded a good performance in the third quarter to 30 June 2013.