07/28/2016
UK wealth manager reports 20% growth in AuM
SJP also reported a near-20% year on year increase in funds under management to £65.6bn as of June 30.
Wealth and Asset Management
07/28/2016
Profile: Gearing Up For The Shift From Consolidation To Start-Ups
Nicholson, who was head of Sanlam Private Wealth’s Newcastle office until April, believes smaller owner-managed businesses will soon become more prevalent as the industry structure shifts away from consolidations toward start-ups.
07/28/2016
Natwest launches concierge service for HNW brokers
Initial contact commences with a welcome phone call to cover any additional information required and for brokers to be provided with an outline of the next steps.
07/28/2016
BNP Paribas Posts Stable Q2 Net Profit, French Retail Banking Suffers
Ranked France's largest listed bank, BNP Paribas reported a 0.2 percent rise in net profit to 2.56 billion euros during April to June, including exceptional items such as proceeds from the sale of Visa Europe shares.
07/28/2016
HNWIs call on FCA to turn focus on infrastructure building
The research was conducted by Scorpio Partnership and technology provider Factset, surveying 1,022 HNWIs globally.
07/27/2016
Brooks Macdonald assets rise above £8.3bn
The group’s third-party assets under administration increased from £255 million to £270 million.
07/27/2016
SJP hikes dividend by 15% despite £17m FSCS hit
Given the continued strong business performance, the Board has declared a 15% increase in the interim dividend to 12.33 pence per share.
07/27/2016
Sailor's warning - St. James's Place
Data suggests the UK economy could shrink by 0.4% this quarter as the UK PMI Composite Output Index suffered the biggest drop in its history between 12 and 21 July.
07/27/2016
Rathbone eyes further expansion into advice
The business revealed it has invested in its operations in Scotland and the North, and dedicated full-time support to pursue opportunities in London.
07/27/2016
Brewin Dolphin Third Quarter Positive Despite "Challenging" Markets
Our core discretionary business has continued to deliver organic funds flow and income growth, demonstrating its resilience in the face of uncertain market conditions.
07/27/2016
Britons put more money with wealth managers amid Brexit uncertainty
Alongside the uncertainty sparked by last month's "Brexit" vote, investors are worried about the strength of the global economy, and particularly slowing growth in China, as well as the impact of massive central bank monetary policy easing.
07/26/2016
Man Group Funds Battered in Choppy Markets
The first half of 2016 has been a particularly challenging period for the global investment management industry.
07/26/2016
Vontobel CEO caps private banking M&A deals at $20 bln in assets
Staub said the bank also had clear criteria for purchases in asset management
07/25/2016
There's no such thing as bad weather, just inappropriate clothing - Sir Ranulph Fiennes by Penny Lovell
Sir Ranulph is known for breaking records and I have no doubt he will reach his £20m target - I might even be tempted to put on my running shoes for Marie Curie myself though not sure I could even manage a 5k challenge let alone a Global Reach Ende
07/25/2016
Julius Baer Assets Lifted by Brexit Trading Boost
: “Our business momentum has improved since the first quarter of 2016, leading to increased inflows and record assets under management of 311 billion Swiss francs. The refocusing on organic growth, without disregarding acquisition opportunities, is
07/25/2016
Meet the MD: Colin Lawson, Equilibrium Asset Management
He takes us through his six qualities of a good leader, and preaches the virtues of driving his Ariel Atom really, really fast!
07/25/2016
Wealth Management and the State of the Banking Sector
He speaks with Manus Cranny and Caroline Hyde on Bloomberg Television’s “On The Move.”
07/25/2016
Aberdeen Asset Management reports large outflows following Brexit
Aberdeen Asset Management Plc Trading Update - Nine Months To 30 June 2016
07/22/2016
New Oliver Wyman Wealth Management Report: Running Faster to Stand Still
The aim of the report is to provide insight into the outlook for the wealth management industry at a time of sustained interest in the sector among investors and financial institutions.
07/22/2016
Global Asset Manager Enters Singapore Market
The office, located in Asia Square, will focus on credit research and strengthening business with clients in both the local market and the broader Southeast Asia region, according to a press release sent on Friday.