08/28/2018
AFH adds 26 advisers with £5.1m acquisition
AFH will pay an initial cash consideration of £2.3 million, with the remaining fee due over a 26-month period depending on performance targets being met.
Wealth and Asset Management
08/28/2018
Liechtenstein bank LGT reports 15 pct rise in first-half profit
Revenues and expenses for the private banking business in Asia and the Middle East acquired from ABN AMRO have been reflected in LGT’s results since May 2017
08/28/2018
Lombard Odier PB outlines ambitious alts expansion plans
The CHF 5 billion platform houses 28 funds and is on track to double its assets over the next couple of years, according to Lombard Odier Private Bank CIO Stéphane Monier.
08/28/2018
Beaufort Financial adds two IFA offices
I opted to join the partnership because of its friendly and flexible, family-like approach
08/27/2018
Managing Wealth
With markets riding high and uncertainty growing, wealth management matters more than ever. Six experts offer their views on all things wealth related
08/27/2018
Adam & Co relocates to new Aberdeen offices
“We are delighted to be co-locating with our colleagues from Royal Bank of Scotland Corporate & Commercial Team which will present even greater collaboration opportunities.”
08/27/2018
The global financial crisis of 1825 foreshadowed the problems of emerging markets today
In The Volatility Machine: Emerging Economics and the Threat of Financial Collapse, finance professor Michael Pettis urges us to look to Europe in the early 1800s, just after the end of the Napoleonic Wars.
08/24/2018
Wealth management firm changes tact to attract talent
The Salford-based company specialises in protecting the financial assets of vulnerable people
08/23/2018
SW Mitchell profits doubled ahead of losing SJP mandate
Boutique manager replaced on sub-advised funds totalling more than £750m
08/23/2018
EFGAM launches New Capital US Future Leaders Fund
Business sectors currently favoured by the Fund include Technology, Healthcare, Financials and Consumer Discretionary.
08/23/2018
BCV Profit Rises
On the liabilities side, customer deposits grew 2%, or CHF 519m, to CHF 31.0bn
08/23/2018
MD Completes buyout at wealth management firm
"Neil and I have grown the business successfully together over many years and the time was right for me to fully take the helm."
08/23/2018
Raiffeisen reports rise in AUM
These results were recorded just after Finma concluded its investigation into Raiffeisen Switzerland
08/23/2018
Tilney model portfolios added to challenger platform
This is the twelfth platform on which the Tilney portfolios have become available.
08/23/2018
Gresham House celebrates positive results
Total realisations of £24.2m in the 3-year period, cumulatively generating £9.0m realised profits at 28.5% IRR and 1.60x money, significantly exceeding target returns
08/22/2018
VP Bank H1 net income drops 7%
The bank’s cost/income ratio in the first half of 2018 stood at 70.3%, versus 64.6% last year.
08/22/2018
HSBC Private Bank targets UK in 240-strong global hire spree
The drive is part of a wider expansion of the unit’s global headcount
08/22/2018
Redington to advise independent Norwegian wealth manager
The deal represents a clear sign of the firm’s commitment to grow internationally and service new client markets.
08/21/2018
Ten asset managers doing time in the dog house
The fund groups with the most assets under management in ‘Spot the Dog’ funds
08/21/2018
Baillie Gifford mulls multi-asset trust launch as it takes crown from JPMAM
Now the largest provider of investment trusts