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Wealth and Asset Management

04/27/2017

Duncan Lawrie made annual loss of £7.5m before it was split and sold by Maidstone-based Camellia

At the same time it was revealed the majority of its UK loans and some of its loans from its Isle of Man operations were sold to private bank Arbuthnot Latham & Co for £42.7 million.

04/27/2017

7IM launches bespoke IFA service

The firm has also added more asset classes to its model portfolio service

04/27/2017

J. Safra Sarasin Ousts Clients in Germany

Assets Will Be Sold at Customers' Expense

04/27/2017

Ex-Towry five reunite for potential wealth launch

The four were promoted together from senior client partner to executive partner roles at Towry in July 2014. Meanwhile, Bowes became head of client advice in April 2013.

04/26/2017

Brooks Macdonald boosts discretionary funds under management

Over the quarter our net new business improved to over 3% while performance for clients was positive on both relative and absolute bases.

04/26/2017

FCA gives structured products firm wealth green light

The London and Paris based firm will now be able to offer discretionary portfolio, investment and retail plan management services to its clients in the UK.

04/26/2017

StanChart doubles first-quarter profits as bad debts fall

Performance boosts hopes for turnround of emerging markets bank

04/26/2017

Santander to grow financial advice arm

Its digital customer base continued to grow

04/26/2017

Innovation, Market Disruption and Combatting Financial Crime on Agenda at Annual Jersey Private Wealth Conference

Whilst political change, particularly Brexit, continues to be a key issue

04/26/2017

Schroders faces shareholder rebellion over executive pay

Fund company has failed to win support of two proxy advisers ahead of today’s AGM

04/25/2017

Inflows at St James’s Place jump almost 50%

Group assets under management reached £79.84bn – up almost 30 per cent compared to figures posted at March 31 2016.

04/25/2017

St. James’s Place – “When politics pushes sterling rapidly in one direction, so the FTSE 100 travels the opposite way”

Neil Woodford on why the snap election “removes much of the political risk that could otherwise have been present in the Brexit negotiations” and why he sees “a lengthy period of improving economic stability in the UK”.

04/25/2017

Speirs & Jeffrey cuts small wealth clients as regulation bites

A helpline is available for those who wish to discuss the various options available to them.

04/25/2017

Schroders' Parbrook to hand over $4bn Asian Opportunities fund as he relocates to London

Will continue to run Asian Total Return fund

04/25/2017

UBS targets rich kids of Instagram with inheritance guide

UBS estimates that 65% of European billionaires have a family office

04/24/2017

Close Brothers to launch 2017 Family Business Road Trip

The Family Business Road Trip, now in its fourth year, will run for six weeks, bringing businesses together to share experience, to network and to address the challenges they face.

04/24/2017

Standard Life Aberdeen powerhouse eyes US market for expansion

Aberdeen’s chief executive Martin Gilbert has been clear for example, that we’d like to do better in the United States.

04/24/2017

Nordea ready for acquisitions in asset management

Nordea Asset management is ready to make new acquisitions in pursuit of the title as Europe's leading asset manager, says CEO Nils Bolmstrand to Financial Times.

04/24/2017

Uk Private Bank aims to double client base and loan book

The bank is currently exploring whether to accept new customers with between £1m and £3m in net wealth through offering a mixture of digital and face-to-face advice.

04/24/2017

It’s not a Close thing for Brothers

Awards were presented to those companies and brokers who have consistently offered the most competitive products

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