05/24/2022
7IM’s revenue jumps 32% after lead generator buy
7IM’s revenue and AUM rose in 2021 after it acquired Findawealthmanager.com and London-based financial planning firm Partners Wealth Management in October 2020.
Wealth and Asset Management
05/23/2022
White Paper: The Future of Fund Management
The race for differentiation: How fund managers are changing the range of the products they offer and the way they provide them, to meet rising investor appetites for new asset classes, differentiate their brands and protect their margins
05/23/2022
HSBC Executive Suspended Over Climate Change Comments
Unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings are ALWAYS wrong, Kirk wrote in one of the presentation slides at the event.
05/23/2022
Scotland’s wealth management sector moving to a greener future
These findings are highlighted in the sixth Annual Salary Guide into Scotland’s financial service sector from Core-Asset Consulting.
05/23/2022
Saunderson House to move to restricted advice model
The acquisition saw Rathbones’ in-house financial planner numbers increase from 25 to 80
05/23/2022
Brooks Macdonald buys Warwickshire-based IFA
The acquisition will be funded through existing financial resources and will be paid in two tranches, with an element of the consideration linked to a three year growth target.
05/23/2022
Irish billionaires' wealth rose €16bn during the pandemic
The growth is such that the total wealth of billionaires all over the world is now equivalent to 13.9% of global GDP
05/20/2022
Canadian advice tech firm enters UK market
This engaging process is improving experiences for advisors and clients while helping firms to deeper serve their customers.
05/19/2022
Swiss investors are much more worried about geopolitics than the rest of Europe
Vanguard’s Kunal Mehta discussed what Swiss investors want from active fixed income at the Finanz 22 event in Zurich.
05/19/2022
Private assets, public appeal – will these investments weather rising rates?
Markets fear trouble ahead for privately held companies with larger debt loads than their publicly listed peers.
05/19/2022
Mirabaud Asset Management's Private Equity Arm Invests in the Watch illuminator Monyco
This investment is a perfect fit to Mirabaud Patrimoine Vivant’s mission of supporting the development of European houses possessing unique know-how, alongside outstanding managers.
05/19/2022
Mishcon de Reya successfully defends £4 million claim brought by a former employee against Canaccord Genuity Limited
He alleged that he had been promised a retention award of £1 million of Canaccord shares in summer 2015.
05/19/2022
Julius Baer Outlines its New Targets
Significant improvement in gross margin and adjusted cost/income ratio compared to second half of 2021 – Assets under management impacted by markets downturn and client deleveraging – Julius Baer well on track to deliver on 2022 targets
05/19/2022
Bearish positioning increases the risk of a market rebound
World inflation nowcaster: long-term (left) and recent evolution (right)
05/19/2022
Light at the End of the Tunnel?
The maximum drawdown in the current fall of 2022 has been 16%
05/19/2022
PraxisIFM reports solid results as business embarks on a new growth era
The Group is also targeting a more balanced portfolio, with Private Wealth currently accounting for two-thirds of revenue.
05/19/2022
Julius Baer cuts Moscow ties; outlines Russia exposure
Julius Baer, which has been complying with relevant national and international sanctions on Russia, stopped accepting new Russian clients following Russia’s invasion of Ukraine.
05/19/2022
Major Credit Suisse shareholder calls for CEO to be replaced
A managing partner at Artisan Partners told Reuters that Thomas Gottstein should be removed from his position due to poor performance during his tenure.
05/18/2022
Cazenove Capital grows Wealth Planning team across the UK
The recent appointments mark the latest in a series of strategic hires to grow Cazenove Capital’s Wealth Planning
05/18/2022
Schroders celebrates first anniversary of Schroder Investment Solutions
This aligns with Schroders’ recent adviser survey which revealed that 75% of advisers saw an increase in the number of clients asking for sustainable investment options in 2021.