12/21/2016
This businessman's firm has just spent £10m buying four more companies
As consumer demand for quality advice increases, so too do regulatory and commercial pressures
Wealth and Asset Management
12/20/2016
Wealth manager bemoans "one of the toughest industry environments" since 2008, but is hopeful for 2017
WH Ireland said that during the course of the year assets under management and administration in its wealth management division have risen to around £3bn.
12/19/2016
Liechtenstein private bank LGT mulls further Asian acquisitions
LGT expects to see its assets under management in Asia rise
12/19/2016
Deutsche axes bonuses to pay toxic loans fine
Top bankers to miss out on payouts as lender braces for giant US settlement
12/19/2016
Bank of Singapore eyes London foothold
Asian private bank weighs UK branch in light of pound’s slide following Brexit vote
12/19/2016
BNP Paribas navigates choppy Brexit waters
Bank’s wealth management arm says the UK will remain a very important offshore centre
12/19/2016
Brewin Dolphin to buy asset management business for £28m
Brewin said it expected the addition to enhance earnings after the first year, while, on a pro forma basis, its funds under management is anticipated to increase to £36.1bn.
12/19/2016
WH Ireland cautiously optimistic about year ahead
The majority of the exceptional costs associated with this change will be taken in 2016, and as such will be fully disclosed within the annual results.
12/19/2016
World-first listing on CISE for global bitcoin fund
GABI was launched in 2014 as the world’s first regulated bitcoin fund when it received certification as an Expert Fund from the Jersey Financial Services Commission.
12/19/2016
Arbuthnot Latham snaps up Duncan Lawrie loan book
The loan portfolio is mainly secured against residential property and has a total balance of approximately £44.9 million with 83 customer accounts.
12/16/2016
Family office wraps up first annual fund at $166 mln
According to the firm, the investments will give them exposure to between 50 and 100 portfolio companies.
12/16/2016
Former Coutts & Co Trustees relaunches under Highvern brand
Coutts & Co Trustees has relaunched itself under a new boutique private client brand following the management buy out
12/16/2016
‘Once in a lifetime deal’ for Amundi and Pioneer
Difficult integration expected in drive to create European rival to BlackRock
12/15/2016
Van Lanschot and Achmea complete takeover of Staalbankiers' private banking activities
The acquisition adds around €1.7 billion to Van Lanschot's assets under management
12/14/2016
Coutts launches multi-currency debit card
With some clients travelling as many as 24 times a year, they were spending up to thousands of pounds on non-sterling transactions.
12/14/2016
Whitmill joins forces with Affinity Management Services (Malta)
It provides excellent possibilities for low-cost financing of investment transactions and international business through its extensive network of double tax agreements.
12/14/2016
Wealth managers shouldn’t avoid markets with complex regulations
Complexity is the very reason why clients hire private banking services, writes Philip Marcovici
12/13/2016
Old Mutual to cut stake in asset management arm via offering
OM Asset Management said it had agreed to repurchase 6 million ordinary shares from OM Group Ltd, a unit of Old Mutual.
12/13/2016
Never mind the robos… we’re all digital wealth managers now
Digital is critical to offering a premium service
12/12/2016
Private Client | December 2016 -
A round-up of topical tax and personal finance issues affecting individuals and families