09/25/2020
Investec expands MPS offering for advisers
Firm hopes it will be ‘attractive’ to existing IFA partners and intermediary companies
Wealth and Asset Management
09/25/2020
Chancellor’s Winter Economy Plan
A raft of new measures aims to prevent huge job losses after the withdrawal of the furlough scheme
09/25/2020
Schroders plans £250m UK public/private trust less than a year after landing Woodford mandate
Schroder UK Public Private co-manager Tim Creed jumps on board for trust with similar investment universe
09/25/2020
Zurich digital WM CEO: ‘We want to be the main provider for retail investors’
‘Roughly two thirds of customers invest for the first time. They often will not invest all of their money in us,’ he said.
09/25/2020
SFAMA and AMP Switzerland to merge
The former chairman of the AMP and president of SFAMA is president of the new association.
09/25/2020
Jersey wealth managers merge
As UK financial planning firm agrees eighth M&A deal of 2020
09/24/2020
Schroders Global Investor Study 2020: Millennials are more likely to compromise their personal beliefs if the return is high enough
Millennials[1] are more likely to compromise their personal beliefs in order to benefit from potentially higher returns, Schroders Global Investor Study 2020* has found.
09/24/2020
One third of clients considering switching wealth managers
One in three wealth clients are considering switching, with the richest investors the most fickle.
09/24/2020
Asset manager signs deal with wealth firm to bolster LatAm arm
As it targets offshore investors from Argentina, Panama and Uruguay
09/24/2020
Investment Performance Awards 2020: Shortlists revealed
This year’s awards will credit those wealth firms that have delivered strong returns for clients in these tough market conditions.
09/24/2020
Klaus Wellershoff says WMs treat clients ‘miserably’ and must improve
If clients really understood how miserably they were treated, there would be a huge pressure for those who do not do well to level up their business,’ he said.
09/24/2020
Investec Wealth & Investment throws hat into ring in MPS price fight
AMC of 0.2% makes model portfolio range one of the most competitive on the market
09/24/2020
Deutsche Bank wins dismissal of Warburg’s cum-ex suit
Warburg did not pay any capital gains tax for these trades but had it offset against its corporate income tax.
09/24/2020
In conversation with Farah Ballands, CEO
In 2015, we decided to sell the trust company – so I led the management buy-out of that part of the business, which was backed by Bridgepoint and became Estera.
09/23/2020
UBS calls in McKinsey to explore merger with Credit Suisse
A merger between the two heavyweights has reportedly been considered by executives at both banks over the years, especially as their goals and methods have become ever more synchronised.
09/23/2020
Utmost Wealth Solutions announces launch of new Apex (Portugal) product
The product launch is an exciting development for our Group, key advisers and clients.
09/22/2020
IFA firm adds £200m in AuA with 14th acquisition
It is the company’s first office in Sussex
09/22/2020
Close Brothers 2020 profit falls on virus hit
Throughout this time, we have maintained regular contact with our customers and increased their choice of channels for engagement with us
09/22/2020
Post-holiday blues by Rathbones
As winter approaches, the news looks glum. Yet we should take heart from our ability to adapt, argues chief investment officer Julian Chillingworth.
09/22/2020
WeekWatch by St.James’s Place
The frustration that these women are feeling is entirely understandable when they have already experienced many financial penalties throughout their lives which will have impacted their ability to save for a decent pension.