10/19/2015
News for Saga Louts by Justin Urquhart Stewart
Personally I was particularly enthusiastic that they were targeting those of my age who were referred to as the 'Saga Lout' generation,
Wealth and Asset Management
10/19/2015
China asset managers signal London expansion as governments meet
GF International Asset Management says it would provide investment products based around Chinese assets and advise global institutions
10/19/2015
Multi-family office and wealth consultancy changes hands
The former Director of Markets and Chairman of AIM at the London Stock Exchange PLC, takes full control of the Group and targets its strategic transformation with a focus on markets in South-East Asia and the Middle East.
10/19/2015
Lord North Street co-founder joins property private office
William Drake, co-founder of Lord North Street, as joined a property private office RFR as a senior adviser.
10/19/2015
Wealth Inequality: Rich with Mario - How the Fed Chairman Makes the Rich Richer
The gap between rich and poor is getting bigger and bigger.
10/18/2015
Credit Suisse Overhaul Could Mirror Local Rival, UBS
Recently appointed CEO is expected to make changes to the bank’s investment and private banking arms
10/18/2015
Credit Suisse's Thiam set to show hand as CEO
Expectations remain high for Thiam after news of his appointment in March sent the bank's shares soaring almost 8 percent.
10/18/2015
Top investment staff receive 13% pay rise
The pay increases for senior fund staff were much higher than those received by executives in other sectors.
10/16/2015
Tycoons To Back Wealth Firm Amid Legal Row
Ms Dauriac-Stoebe and Signia are now suing each other following her sudden exit from the firm nine months ago.
10/16/2015
Swiss Investment Banks Pushing Out Russian Clients – Report
UBS denied to Forbes that it had imposed a fee on any Russian clients, but said its guidelines stipulated a minimum deposit of $5 million to ensure profitability.
10/16/2015
Guernsey leads the way in offering longevity risk solution
Guernsey's position as the go-to jurisdiction for longevity risk transactions was outlined at a thought leadership event in London on Wednesday.
10/16/2015
Ex-Coutts and Morton Fraser directors launch SJP-backed boutiques
Wealth Manager understands that Penvearn will offer both wealth management and financial planning services.
10/16/2015
Brewin’s Martin expects continued growth in Scotland despite departures
In January, six staff members, including three divisional directors, exited Brewin’s Glasgow office to launch a new Scottish hub for rival Rathbones.
10/15/2015
Edmond de Rothschild eyes London growth
Developing the UK is at the centre of our strategy.
10/14/2015
Sanditon Asset Management: we don’t want to conquer world
Sanditon chief executive Rupert Tyer, who also helped establish the firm, underlines the sentiment. ‘We’re low-key people, we don’t go out and bang a drum,’ he told Wealth Manager.
10/14/2015
New Barclays CEO Faces Early Challenge to Fix Wealth Arm
A push into wealth management could help towards growing the dividend
10/14/2015
VAM and Close Brothers AM launch cautious fund
The fund range is managed to the same strategy as CBAM’s discretionary funds of funds proposition.
10/14/2015
Investors Urge HSBC to Speed Up Change
Investors are growing impatient with the bank as its share price continues to slide
10/14/2015
The rise of the family office threatens private banks
Stern said that many multi-family offices are seeing costs rise as they increasingly build in-house managed strategies and services.
10/13/2015
BMO brings £2.2bn absolute return fund onshore
The Ucits fund will be available on a number of platforms with a charge of 0.75% and a 0.55% charge for those investing more than £40 million, as well as additional expenses of 0.6%.