07/26/2012
Charles Stanley sees revenue plummet 9%
Investment management firm blames “challenging” market conditions and “entrenched” economic uncertainty for fall in revenue.
Wealth and Asset Management
07/26/2012
Swiss bank hunts for wealth management deal
The group said it had a war chest of 600 million francs and was looking for deals as it reported better-than-expected results for the first half of 2012.
07/26/2012
RBC completes acquisition of global investor services business
Top 10 global custodian being rebranded RBC Investor Services
07/25/2012
Wealth Management Outsourcing: A Global Market Perspective
All of these have brought technology centre stage in managing financial institutions.
07/25/2012
Disgraced Barclays chief banks £9m payoff
Fury at bonus for top banker in rate-fixing scandal
07/25/2012
Kay review calls for overhaul of fund manager pay
The John Kay review of equity markets, published this week, calls for regulatory authorities to ensure fiduciary standards apply to all relationships in the investment chain, including asset managers, brokers, platforms, IFAs and the end investor.
07/25/2012
SJP profits rise after record sales quarter
Funds under management of £30.9 billion up 8% since the start of the year
07/25/2012
Rathbone Brothers funds under management grow by 5%
Rathbone Brothers saw its assets under management grow by 5 per cent in the first half of the year, rising to £16.7bn.
07/25/2012
Germany's Oldest Private Bank Calls for Bank Separation
The danger and potential expense posed by an investment bank to a retail bank are just too great, the reformers argue.
07/25/2012
Union Bancaire Privée Increases AUM by 6%
This increase is the result not only of net inflows from both private and institutional clients but also of market and exchange-rate effects, and of UBP's acquisition of Nexar Capital Group in February 2012.
07/25/2012
Arbuthnot Latham reports Pre-tax profits increased of £1.4m
Arbuthnot Banking Group has continued with the transformation of its business and has traded strongly in the first half of 2012.
07/25/2012
KMD targets £10m families with new service
The service will offer book-keeping and correspondence management for individuals and families, alongside wealth management and financial planning.
07/25/2012
Cash is king... but shouldn't it also be managed?
It has often been said that ‘cash is king’, yet cash can be overlooked or disregarded as an asset class in its own right
07/25/2012
Lloyds' wealth and asset finance arm reports £995m loss
In its wealth, asset finance and international business, which includes the bank's wealth management arm, Lloyds reported a £995 million loss, despite growing its affluent and high net worth customer numbers
07/24/2012
Adviser confidence in global economy has hit a 12 month low - Research
Europe and UK also reported below average confidence in their local economies compared to advisers in Asia who are significantly more confident in their local economies than the global economy.
07/24/2012
Merrill Lynch Wealth Management launches 2012 Global Investing Programme for next generation UHNWI
Merrill Lynch Wealth Management announced the launch of its annual Global Investing Programme, welcoming 50 next generation ultra high net worth individuals from Europe, the Middle East and Africa to London.
07/24/2012
The allure of investing in ‘treasure’
Richard Clark and Simon Patterson, Private Bankers at Barclays Wealth and Investment Management, Newcastle, investigate the allure of investing in treasure. They pose the question: profit or pleasure?
07/24/2012
GAM assembles investment advisory board for private client unit
Asset manager Gam has created an investment advisory board for its managed portfolio business to be chaired by the managed portfolios global head of investments Graham Wainer.
07/23/2012
Succession signs up £120m SJP firm
Simon Chamberlain, Succession chief executive (pictured), said advisory firms planning to grow needed to look beyond a traditional network.
07/23/2012
EFG International's Major Shareholder Severs All Links To Greek Bank
The changes announced by EFG Group today should, once and for all, remove any misconceptions relating to EFG International and its exposure to risks arising from the Greek Sovereign Debt crisis.