03/26/2013
Wealth management group optimistic as losses fall
A 2011 operating loss of £1m was turned into a profit of £90,000, underpinned by a £2m rise in revenue to £25m
03/26/2013
The amount of money managed by Liontrust Asset Management almost doubled over the past year
03/25/2013
The Swiss bank had been seeking a buyer for JO Hambro Investment Management for most of last year.
03/25/2013
To focuses on companies with high and sustainable returns on equity and strong free cash flows
03/25/2013
Most Russians find it distasteful when lawmakers and officials are wealthy
03/24/2013
The biggest loser was Larry Ellison
03/24/2013
The boards of Schroders and Cazenove Capital Holdings have announced that they have reached agreement on the terms of the recommended acquisition by Schroders of the entire issued and to be issued share capital of Cazenove Capital.
03/24/2013
Net new business inflows of GBP3.5 billion in the two month period under review
03/24/2013
In August last year the FSA said it was continuing to interact with wealth management firms and would commence further thematic work.
03/21/2013
Cap on fund manager bonuses moves closer after Euro vote
The committee’s plan will now be put to a vote for the entire European Parliament in April.
03/21/2013
Fisher said the growth of DIY investment is “depressing”
03/21/2013
The two firms have confirmed the talks in market statements this morning. Schroders is considering a possible cash offer, with loan note alternative, for Cazenove’s entire share capital, the groups said.
03/21/2013
A tax hike could be the tipping point for many high-net-worth and ultra-high-net-worth individuals, who are the most mobile in society due to their abundant resources.
03/20/2013
Barclays chief lands £18m windfall
Barclays investment banking chief landed an £18m windfall after the bank handed out mammoth share awards to top bosses.
03/20/2013
Wheatley said one of the regulator’s major concerns was the poor customer service provided by some wealth managers
03/20/2013
Customer deposits grew £74m
03/20/2013
Wealth Manager understands the firm will hire an external team to spearhead growth in the region
03/19/2013
The FSA, along with the Treasury, needs to transpose the EU rules into law by July this year – but there will be a one year implementation period after that.
03/18/2013
7IM head of platform Peter Wyatt said the move was a response to adviser demand.
03/17/2013
The Schroder UK Alpha Plus fund returned 254.4 per cent over the 10 years to 31 January.