09/18/2015
European Wealth Manchester: First-year flashback
The branch was set up by co-heads of office Nigel Gilland and David Mellett.
Wealth and Asset Management
09/17/2015
Does SJP have a fee transparency problem?
SJP told the newspaper clients are only interested in one overall charge which covers advice and fund management
09/17/2015
Long-running Aberdeen chair passes away
A chartered accountant by trade, Irby spent 27 years at ING Barings.
09/17/2015
Generation Sceptic: Millennials Unconvinced of Wealth Management Outcomes
Almost one third (29%) of the UK’s HNWIs under the age of 40 believe that recommendations from their wealth management firm have not been in line with their risk tolerance, according to new research released today.
09/17/2015
SEI Wealth Platform Extends Contract With Tilney Bestinvest
Bestinvest remains one of the leading direct platforms in one of the most dynamic sectors of financial services
09/16/2015
The ugly side of wealth management
Like medieval medicine, the success rate of active fund management is based mostly on faith rather than scientific fact.
09/16/2015
Malta keeps all options on the table
Malta has come a long way as a fund jurisdiction since it joined the EU in 2004.
09/16/2015
HSBC Explores the Future of Wealth with Next Generation Family Business Leaders
Harnessing the next generation's energy and potential is a critical component of succession planning.
09/15/2015
Aberdeen Asset Management buys Advance Emerging Capital
The team will be independent from Aberdeen’s direct equity and fixed income teams.
09/15/2015
Keeping its power dry - St. James's Place Market Bulletin
Last week, members of the Monetary Policy Committee (MPC) found themselves once again to be largely of one mind on the question of interest rates, as members voted 8–1 for no change to the Bank of England rate of 0.5%. The pound rose slightly after
09/15/2015
Turks and Caicos Islands launches London office
The London office will also be the source for first hand information for the Diaspora living in the UK and Europe.
09/14/2015
Golden facts on financial advice: Staying one STEP ahead
I heard an excellent new word this week; infobesity. It means the sheer quantity of information available makes decision-making more difficult.
09/14/2015
Wealth management group snaps up its seventh IFA this year
Wealth management group has acquired its seventh IFA business this year,
09/14/2015
Private bank to sell direct to adviser clients
Commission will accrue on daily balances until 30 November and will be paid in January 2016.
09/14/2015
Deutsche Bank Plans to Cut About 25% of Jobs: Reuters
Deutsche Bank employed 98,647 people at the end of June, including 14,940 at Postbank, a German consumer lender
09/13/2015
Excellence is at heart of everything we do - Dermot Hamill, Canaccord Genuity Wealth Management
This year the company is sponsoring the award for Business Person of the Year.
09/13/2015
Credit Suisse Plans October Strategy Announcement
Chief Executive Officer Tidjane Thiam said in July he plans to shrink parts of the investment bank and focus on growth in Asia and wealth management, mirroring the approach of UBS Group AG, Credit Suisse’s larger rival.
09/13/2015
McKinsey warns European private banks over fees
The upcoming Markets in Financial Instruments Directive is likely to ban wealth managers from receiving inducements (retrocessions) from product providers within discretionary mandates.
09/13/2015
Growing the angels' share
Most of all it needs more “angels”, wealthy and super-wealthy individuals prepared to rain down their hard-earned and unearned cash into the country's burgeoning start-up economy
09/11/2015
Barclays closes risky UK accounts of customers in Jamaica
Jamaica is one of some 130 countries with which the three centuries-old bank signalled it is cutting ties.