05/29/2015
Ex-Deutsche and Brooks duo launch discretionary firm
Former Deutsche fund manager Helene Jelman has joined forces with ex-Brooks Macdonald director Michael Usher to launch an investment firm
Wealth and Asset Management
05/29/2015
Private-bank clients mull FX strategies
Opinion is divided on the extent to which private-bank clients should be encouraged to consider FX as an asset class and to look at strategies to generate returns from currency volatility
05/28/2015
How Arbuthnot Latham is future-proofing private banking
We have taken on new people and we have taken on new clients, and we want to make sure our back office can keep pace with our front office.
05/28/2015
European Wealth raises £2m to fuel acquisition drive
European Wealth has announced plans to acquire financial planning firm ISM Solutions and further 'bolt-on acquisitions', after raising £2m through a share placement
05/28/2015
Update: Brewin Dolphin shares slump 10% after interims
RBC analysts said: "We believe that lower revenue margins will persist for the following reasons: lower commissions; competition caused by increased transparency; use of third parties in securing flows, including lower margin agent business; an incre
05/28/2015
Ever wondered what makes perfectly smart people behave irrationally?
Close Brothers - Weekly Close Up
05/27/2015
Jersey Brief on behalf of Volaw Group
Volaw is one of Jersey’s leading providers of fiduciary services, acting for individual, family, corporate and institutional clients.
05/27/2015
Steady performance for Jersey’s finance industry in first quarter
Latest figures released on Jersey’s finance industry show a steady performance including a small increase in banking deposits and signs that a change to fund regulation will support certain types of new funds business.
05/27/2015
Citizenship scheme raises €2 billion
The ‘Citizenship by Investment’ programme for foreigners has boosted the Cyprus economy by €2 billion from property sales and investments in the country according to an audit services report.
05/27/2015
Wealth manager to move 4,000 SIPP clients to James Hay
He said: "We are always looking to deliver the very best service to our clients. With such exciting changes in the retirement space, this new arrangement will allow us to focus on our expert retirement planning advice and management of client investm
05/27/2015
Aberdeen acquires $6.3bn US private equity firm
Pakenham Partners served as financial advisers to Aberdeen on this transaction; Berkshire Capital served as financial advisors for FLAG.
05/26/2015
Switzerland Publishes Tax Evader List
Some observers are calling this the real and final end of Swiss bank privacy tradition, which mostly dates to the 1930s.
05/26/2015
We must stop demonising the wealthy
Entrepreneurs should be encouraged to make their fortunes – before they decide to leave the UK.
05/26/2015
Samena Capital buys equity stake in Kleinwort Benson's UK-based unit
The transaction brings together an unparalleled group of high net worth, entrepreneurial shareholders from Europe and across the SAMENA markets with a view to advancing their shared desire for a return to relationship-driven banking and access to differen
05/26/2015
Fidelity's Wright: M&A has shrunk options in wealth manager space
Fidelity’s Alex Wright has boosted exposure to banks as consolidation in the wealth management sector sees opportunities to invest there dry up
05/26/2015
WMA: Scrap RDR definition of independence
The Wealth Management Association has attacked the "failure" of the RDR to clearly define 'independent' advisers and suggested MiFID II's description would be a better suggestion
05/25/2015
Carlisle UTD Trust Not Told Identity of 'Billionaire' Investor
The trust have been continuing to press United for information on the approach which has caused Lapping’s plans to be put on hold.
05/22/2015
UK wealth management firm set to exceed targets for fourth year running
The business announced that it has already secured £61m of new assets under management nine months into its financial year and is just £6m away from reaching its full-year goal.
05/22/2015
Barclays private banker strikes out alone with Leeds launch
His new office will take on the Raymond James banner, unlike other boutiques that operate with a different name but plug into the back office system.
05/22/2015
Jersey described as ‘one of the first and best’ in shaping transparency landscape at London conference
“The certainty that can offer the private wealth community will be a real competitive advantage for Jersey as investors increasingly seek centres that can offer high standards and effective asset protection capabilities.”