09/18/2023
How Waverton strategy clash led Timothy James & Partners to Söderberg
The London-based firm sought a backer that prioritises independent advice and has background in building scale after its relationship with Waverton changed course.
Wealth and Asset Management
09/18/2023
Tax deductions: how to optimise Pillar 2 buybacks
In practice, Pillar 2 buybacks involve making one or more payments to rectify your occupational pension shortfall.
09/15/2023
St James’s Place/wealth management fees: new rules bring needed self- reflection
Could lower fees win more customers in the long term?
09/15/2023
Royal London Asset Management to limit access to Global Equity Select strategy
Royal London believes this decision is in the best interest of its clients, ensuring that the strategy and its portfolio managers can continue to access all parts of the global equity market.
09/15/2023
Gresham House sets eyes on long-term ambitions as profits climb
AUM up by 5% to £8.3bn
09/14/2023
Raiffeisen Aims Big by Thinking Small
Raiffeisen Group attracted 1.8 billion Swiss francs of new custody assets in the first half of the year.
09/14/2023
European wealth manager invests in three UK advice firms
Company says it is ‘not in the business of buying and consolidating’
09/14/2023
Brooks Macdonald's adviser MPS business represents 20% of assets
The company confirmed there were outflows from the main bespoke service, though its decumulation product within this grew its assets by 50 per cent over the year.
09/14/2023
Boutique could split from Natixis IM
Natixis said that a sale is not on the agenda, but Citywire sources think it is likely.
09/14/2023
Macquarie Asset Management becomes lead investor in Verkor Series C fundraise
The financing will accelerate the construction of Verkor’s first gigafactory in Dunkirk and the manufacture of high performance low-carbon battery cells.
09/14/2023
Saltus launches Partnership Programme to provide tailored support for financial planning firms looking to maximise value
The service has been designed so that advisers can maximise capital value in their business and realise it at a time of their choosing, either along the growth journey or when they ae ready to exit.
09/14/2023
Zurich wants to buy Italian Julius Baer subsidiary
Julius Baer's Italian asset management subsidiary is valued at 40 to 50 million euros, the report continues.
09/14/2023
Russia Risks are Through the Roof for Swiss Banking
Another data leak is causing embarrassment for Swiss banks.
09/14/2023
Local Associate Director also named in NextGen list
Alongside his role at Saffery Trust, he is also Deputy Chair of the STEP Committee in Guernsey.
09/14/2023
Raiffeisen Aims Big by Thinking Small
The group made up of 219 individual institutions is preparing to make its mark in asset management, an area dominated by UBS and Credit Suisse.
09/14/2023
Clients of wealth managers/financial advisers increase exposure to cash and alternatives
Some 23% say their clients have kept the same allocation to cash and just 2% say their clients have decreased their allocation.
09/13/2023
Deutsche Bank announces launch of DB Investment Partners
This will include renewable finance and energy transition financing as well as infrastructure financing globally.
09/13/2023
Söderberg & Partners invests in three UK advice firms
It has bought the stake in Timothy James & Partners from current owner Waverton Investment Management.
09/13/2023
UBS Clears Out of Credit Suisse Tower in London
In the Credit Suisse Tower in Canary Wharf, the bank will vacate «a number of floors» as a result
09/12/2023
Nomura Asset Management launches new Art. 8 US High Yield strategy
The Continuum fund is benchmarked to the ICE BofA US High Yield Constrained Index, which yields more than 8.5% as of late August.