01/14/2014
UBS AG, Switzerland’s largest bank, expects to boost client assets in the U.K. this year even as Swiss competitors try to break into London’s $1.2 trillion private wealth market to help counter withdrawals at home.
01/14/2014
Davy Stockbrokers has acquired Northern Irish wealth management firm, Square Seven Financial Planning, which has 400 clients and £75m of assets under management for an undisclosed fee.
01/14/2014
It’s more than just making money – it’s about: Trust, Transparency & Technology
01/14/2014
Other potentially controversial elements are the lack of an upper limit on bonuses for the directors, including Martin Gilbert, who founded the firm 30 years ago.
01/13/2014
A clutch of private-client investment firms, including Rathbones, Towry and Quilter, is believed to be looking over the business, estimated to be worth £50m.
01/13/2014
J.O.Hambro Investment Management has rebranded itself as Waverton Investment Management today following the management buy-out from Credit Suisse.
01/13/2014
This acquisition adds c.£215 million in discretionary assets under management and c.£2 million of predominantly recurring annual revenues.
01/13/2014
“The acquisition of Legis Group’s Guernsey trust operation adds further scale to Butterfield’s international trust business, and adds to the strength and depth of our specialist trust team internationally.”
01/13/2014
The key findings highlight the tensions currently being felt, suggesting a risk of conflict between members and trustees:
01/13/2014
Recognising the increasing demand for global equity income investments, Sarasin & Partners has launched two new global equity income funds.
01/12/2014
German financial watchdog Bafin has spoken out against Deutsche Bank's bonus policy and urged the country's flagship lender to abide by new remuneration rules
01/10/2014
Barclays unveils regional management line-up as job cuts bite
Barclays has unveiled a streamlined regional management structure after an overhaul of its wealth business led to a raft of regional roles being cut.
01/10/2014
The Firm currently has 61 employees and consultants based in Hong Kong, Singapore, Switzerland and the US.
01/10/2014
Ex-Barclays private bank boss joins Nikko AM as CEO exits
Meanwhile CEO Beazley, who is also the Japanese group’s president, will be replaced by former Nomura boss Takumi Shibata.
01/10/2014
The wealth management division’s team of private client specialists currently services the South West from its London office.
01/10/2014
Fleming Family & Partners chief executive Mark Davies has warned the firm is ‘unlikely to see a significant growth in profitability in the short term,’ despite posting strong full-year results.
01/10/2014
The firm has acquired the Hume International Bond fund, which will be renamed the European Wealth Sterling Bond fund, and the Hume Global Opportunities and Hume European Opportunities equity funds, expanding its presence in retail fund management
01/10/2014
Axa Wealth, the wealth management division of insurance specialist Axa, is in the early stages of reviewing its social media arrangements.
01/09/2014
Funds managed by Rathbones increased 21 per cent to £20bn during the quarter, increasing from £16.7bn in Q4 2012.
01/09/2014
Wealth manager continues expansion drive
The firm has been on an acquisition spree over the last few years, targeting professional services firms.