05/01/2014
Old Mutual hires Cazier and Craig; buys Henderson's Cirilium stake
Cirilium is an investment joint venture between Henderson and adviser network Intrinsic
Wealth and Asset Management
05/01/2014
Swiss Private Bank bars staff from entering France - report
Investigating over allegations it illegally sold products to avoid French taxes
05/01/2014
UBS bars some staff from going to France: report
French judicial authorities are investigating UBS over allegations it illegally sold products designed to avoid French taxes.
05/01/2014
Jon Little's Northill snaps up £11.5bn fund firm Longview
Northill Capital has acquired asset management firm Longview Partners in the latest consolidation in the funds industry.
05/01/2014
Bertarelli family-backed Northill Capital acquires majority interest in Longview Partners
Longview Partners is a specialist asset management firm focused on global equities portfolio management, based in London and Guernsey.
05/01/2014
Schroders CEO Says Firm Open to More Acquisitions
The company today reported a 90 percent jump in first-quarter revenue for its wealth-management unit, boosted by its takeover of Cazenove Capital Holdings Ltd., which was completed in July.
04/30/2014
SGSS Launches Depositary Lite Service For Asset Managers
Societe Generale Securities Services Ireland has launched a “Depositary Lite” service to help European and non-European asset managers meet the requirements of the Alternative Investment Fund Managers Directive
04/30/2014
Handelsbanken net profit beats forecast
Income increased by 2% to SEK 9,481m
04/30/2014
Duke of Westminster heads south of the river over London housing bubble fears
Property company owned by one of Britain's richest men is worried the high-end residential market is overheating
04/30/2014
Wealth manager buys Bridgnorth financial planning firm
Midlands-based BRI Wealth Management plc has acquired Bridgnorth-based financial planner Walter & Co Financial Planning Ltd for an undisclosed sum.
04/30/2014
FTSE 250 wealth management company announces extended partnership with Lacrosse Scotland
The FTSE 250 wealth management company announces its extended partnership with Lacrosse Scotland until 2017.
04/30/2014
Morgan Stanley exits European wealth business
Excellent fit of advisory business for UHNW private clients across EMEA and Latin America
04/30/2014
AXA Elevate parent posts £20m pre-tax loss
AXA Elevate, headed by managing director is David Thompson, assets rose 41% to £7.5 billion, up from £5.3 billion reported for 2012.
04/29/2014
‘Rising star’ on UK wealth management scene awarded again
A Bristol based rising star has been named in Citywire’s Top 30 Under 30.
04/29/2014
Wealth exit fees on FCA radar
On a £500,000 portfolio this would equate to £30,000
04/29/2014
C. Hoare & Co gains corporate chartered status
C. Hoare & Co has attained corporate financial planner status from the Chartered Institute of Insurance (CII).
04/29/2014
Deutsche Bank Q1 Profit Declines
However, Private & Business Clients segment's profit was benefited by a one-time gain on disposal and increased investment product revenues, and Global Transaction Banking's profit growth largely reflected lower provisions for credit losses,
04/29/2014
Retail boost helps St James's Place start 2014 strongly
Demand for advice, combined with flows into the funds of its partners, meant the firm was "well placed to maintain momentum in our business in line with our medium-term growth objectives", said Chief Executive David Bellamy.
04/29/2014
Pyrford International Live on Charles River’s Cloud-Based, Multi-Asset Solution
A London investment boutique owned by the Bank of Montreal, is live on the private cloud-based Charles River Investment Management Solution for portfolio management, trading, compliance, and post-trade processing across its equity,
04/28/2014
Towry to buy Baker Tilly advice arm... again
RSM, which had made losses over several years, was acquired by Baker Tilly last year.