03/14/2017
Close Brothers first half profits grow by a fifth
The group reported a strong performance in the first half, with £134.2 million adjusted1 operating profit, 21% higher than the prior year period, and an RoE2 of 18.0%
Wealth and Asset Management
03/14/2017
Beautiful 16th Century home of Victorian heiress to the Coutts banking dynasty who was once Britain’s richest woman goes on sale for £1.75million
The main thrust of her generosity was on improving the lives of the poor, which led to her developing relationships with Queen Victoria and Florence Nightingale.
03/13/2017
Liechtenstein private bank LGT reports 9 pct rise in net profit
The bank is optimistic about its business development in 2017 despite market uncertainties, LGT said in a statement.
03/13/2017
Bordier UK joins select band of DFMs available on the FundsNetwork platform
The strategies, which were recently made available via a strategic partnership with 7IM, can also be accessed via Ascentric, Aviva, Fusion, Nucleus, Novia, Praemium, Standard Life, Transact and Zurich.
03/13/2017
Standard Life's merger with Aberdeen Asset Management a bold gamble
Standard Life is taking on a lot of risk in its merger with Aberdeen Asset Management, according to Berenberg analysts.
03/13/2017
Horizon launches three new products
The launch signifies an important milestone in Horizon's development
03/13/2017
Schroders cash to allow adviser to go global
If we had done it ourselves it would have been years in the making.
03/13/2017
Huge gulf in fund managers responsible investment standards
Campaign Group ShareAction assessed fund managers on factors including information on fees, and shareholder engagement
03/12/2017
LGBT-friendly wealth management company targets Irish customers
Whereas people understand that some countries are anti-gay and don't want to visit them, what they sometimes don't realise is that their pension portfolios can be sending their capital to these countries.
03/10/2017
Christie’s to Close Second London Venue and Downsize Auctions in Amsterdam
The company is shifting its focus to online-only sales amid growing interest from buyers
03/10/2017
ScotGems trust launch requires key wealth managers backing
The ScotGems portfolio will hold between 20 and 30 positions in smaller companies across the globe
03/10/2017
‘StanLife-Aberdeen’ deal highlights problems for asset managers
Most of the new online wealth managers popping up have automatically turned to passive funds
03/10/2017
Bank shares today like commodities in 2015.
This in-depth interview explores what makes him so different and why he is once again delighted to be scraping the bottom of the ratings barrel – and why his rivals rarely care to look there.
03/10/2017
Newbury: Kleinwort Benson and Hambros teams come together
The merger of Kleinwort Benson and SGPB Hambros is moving swiftly
03/10/2017
Split could cost Old Mutual £230m
The benefits to shareholders may be more than £2bn, while the group says it is on track to meet deadline of end-2018
03/09/2017
UBS unveils gender-lens white paper and initiatives
Women's legal protections are also still underdeveloped.
03/09/2017
Van Lanschot: strong profit increase and higher dividend
2016 was a good year for Van Lanschot despite low interest rates, major volatility and global political and social uncertainty.
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.
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.