09/18/2017
Baar wealth manager launches into UK
The four remaining funds are Absolute Return, Global Fixed Income, US Convertible Debt and Active Precious Metals.
Wealth and Asset Management
09/15/2017
Vistra to Acquire Corporate Services Business from Deutsche Bank
This additional expertise in the Capital Markets sector will have a significant impact on our Alternative Investments division
09/15/2017
Deutsche Bank Presses On With Wealth Business Consolidation
To do that effectively and efficiently, we need to choose.
09/15/2017
Bids for Old Mutual's funds arm headed by Richard Buxton due in less than three weeks
Old Mutual is reportedly aiming to sell the business for at least £500m.
09/14/2017
7IM to rename and cut charges on Unconstrained fund
Tom Sheridan, CEO at 7IM, says conversations with advisers highlighted that using ‘unconstrained’ in the fund’s name inferred it was a higher risk product than is actually the case.
09/14/2017
Old Mutual Wealth's Feeney on the managed separation road
It also revealed that Old Mutual had put £200 million into the wealth arm to prepare it for its planned spin-off.
09/14/2017
From IPO to IPO: 10 years in the life of Smith & Williamson
We highlight the major events at the company since it abandoned initial float plans.
09/14/2017
Erste Bank Hungary to merge investment, private banking arms
The new division will offer the benefits of independent securities market services while taking advantage of its banking foundation.
09/14/2017
Funds boutique on buy hunt as revenue doubles
The launch of the Long-Term Investment Solutions platform, and the first close of BSIF on 16 June 2017 at £150 million, was a milestone for the Group.
09/12/2017
Former Gartmore owner approached about Old Mutual funds deal
Hellman & Friedman is among a group of investors being asked to look at bids for part of OMGI, Sky News understands.
09/11/2017
'Loud wake-up call' for private banks as profits tumble
The report also suggested tougher regulation to stop private banks helping the wealthy evade tax has hit earnings.
09/11/2017
Openwork to fund two-year training for mortgage brokers to become wealth advisers
The need for mortgage advisers to have a wider knowledge of financial planning has been highlighted by much of the industry to help support later-life lending in particular.
09/11/2017
Taylor Vinters awarded ‘Gold Employer Partner’ by STEP
Members of STEP assist families in all aspects of future planning, including wills, inheritance, the vulnerable and estate management.
09/08/2017
How Standard Chartered Lost $400 Million on Risky Diamond Debt
The bank thought it would be a good idea to expand a unit making loans secured by the jewels. Now it wants out.
09/08/2017
Up to 70 Swiss private banks fighting for survival
But many of the affected banks will ultimately have to exit the market, the study concluded.
09/08/2017
Ex-Towry investment head unveils new venture
The partners in Lockhart will all be co-investing with clients of the firm in each of the investments.
09/07/2017
How much did LGT Group pay for Vestra Wealth?
The 75% holding was purchased primarily from Vestra’s original external investors.
09/06/2017
SJP and HSBC ditch contracts with disgraced PR firm
It used Bell Pottinger on specific contracts in the past but will no longer do so.
09/05/2017
Syz Asset Management Furthers Foreign Expansion
The great pool of wealth available in Spain was the main driver for Syz to seek the expansion, the company said.
09/05/2017
Acquisitions boost Mattioli Woods profits
We believe our capabilities as trusted adviser, administrator, product provider and asset manager allow us to deliver improved and sustainable client outcomes.