03/09/2017
This $430 Billion Wealth Manager Says to Pass on U.K. Stocks
RBC Wealth agrees, noting that the U.K won’t benefit from the trend as much as continental Europe and the U.S.
Wealth and Asset Management
03/09/2017
Old Mutual profit up 1 pct, names new chairman for emerging markets business
Regulatory change has made it too complex to run the disparate group
03/09/2017
Old Mutual Wealth rules out acquisitions as profit falls 15%
The company suffered a slide in adjusted operating profit of 15% from £307 million to £260 million.
03/09/2017
Swiss private bank Lombard Odier's 2016 profits fall, assets rise
The rise in client assets in 2016 is positive in what was a challenging market
03/09/2017
Old Mutual Wealth spends £8m to buy advice firms
Old Mutual Wealth said it would continue to buy advice firm to grow this national business over 2017
03/09/2017
Citi Private Bank Named Overall Winner for Investment Performance at Private Asset Managers Awards
This award highlights that these efforts are being recognised throughout the industry.
03/09/2017
Wealth Manager Regional Stars Awards 2017: The 8 winners revealed
We reveal the eight winners of our Regional Stars Awards, the leading local discretionary managers, as voted for by over 700 financial planners.
03/09/2017
Old Mutual break-up on track for 2018 despite UK tech issues-CEO
The firm said in a trading statement it planned to give more detail on the platform upgrade within the next two months.
03/08/2017
The wheel of fortune
The discretion and poise that are characteristic of wealth-management companies.
03/08/2017
Succession Group acquires Independent Women
'National' service launched
03/08/2017
Indices you can measure your portfolio against
The WMA's independently calculated indices are designed to benchmark diversified portfolios of more than just shares.
03/08/2017
UBS targets mass affluent market with new wealth platform
UBS Wealth Management has rolled out a new digital platform targeting a broader pool of UK investors.
03/08/2017
Progeny Group plans to grow after merger
Managing director Neil Moles said the company is looking to hire lawyers and advisers, but is also looking to acquire other wealth management firms.
03/08/2017
Numis retracts 'disingenuous' criticism of Schroders performance
Numis said the presentation undermined the company’s claim that it was well shielded against the price threat of low-cost passive products.
03/08/2017
Mirabaud opens UK private banking branch
The branch is located in the same office that houses the company's asset management, brokerage and corporate finance operations in the UK.
03/07/2017
After the Aberdeen-Standard tie-up, could these asset managers be in play?
The two will be able to cut costs faster and offer existing clients a broader range of products.
03/07/2017
UBS Said Seeking to Pay Below $317 Million in French Tax Case
The Swiss bank is looking to pay less than what it cost to resolve the German case
03/07/2017
Bank J. Safra Sarasin (Deutschland) will no longer offer private banking services
This decision has no impact and does not affect the Institutional and Wholesale Business in Germany, to which the J. Safra Sarasin Group remains fully committed.
03/07/2017
Freshfields, Maclays and Slaughters lead on Standard Life and Aberdeen Asset Management merger
Magic circle duo and Scots firm take top roles on merger of fund managers
03/07/2017
Julius Baer eyes UK acquisition but puts London hub on hold
Swiss private bank says Brexit has hit plans but sterling’s fall opens up opportunities