12/16/2013
Bankers Expect 44% Rise in Bonuses
The average bonus for managing directors, the level just below the board, is predicted to increase to £167,000 in 2013, up from £116,000 in 2012.
Wealth and Asset Management
12/15/2013
Cyber criminals steal millions via wealth managers
“It’s scary. Wealth managers are being used to get millions of dollars. I have seen six of these [thefts] in the four months I have been here"
12/13/2013
UK wealth management group to acquire Duke Street
The Acquisition, which is subject to regulatory approval from the FCA, will create a leading UK wealth manager with a national footprint offering high quality financial advice and investment solutions to individuals and corporates through its network of 1
12/13/2013
Ashcourt Rowan underlying earnings more than double
Ashcourt Rowan, the UK wealth management group, has announced its Group audited results for the six months ended 30 September 2013.
12/12/2013
Barclays Wealth hands digital brief to DigitasLBi
Barclays Wealth and Investment Management is understood to have appointed DigitasLBi to work on it a digital marketing brief.
12/12/2013
Italy's Azimut buys stake in Brazilian investment firm
FuturaInvest has around 71 million euros in advisory and management assets.
12/12/2013
Abu Dhabi Broker To Enter UK In 2014
The firm is also planning to launch an asset management and wealth management business next year.
12/12/2013
City Bonus Cut Leads to Drop in Average Pay in London
Huge falls in City bonuses dragged average London pay down by more than 2 per cent last year.
12/11/2013
AFH buys wealth management firm
This is the Company's nineteenth acquisition since listing on ISDX in June 2011 and the sixth since the Retail Distribution Review was implemented on 1 January 2013.
12/11/2013
Brooks Macdonald Launches Int’l Managed Portfolio Service
Brooks Macdonald International, a subsidiary of the AIM-listed, London-based Brooks Macdonald wealth management group, today is launching a platform-based international managed portfolio service.
12/11/2013
Private client survey reveals market outlook, sentiment and risk appetite of european investors - RESEARCH
The study was conducted as part of the Private Bank's recent Investment Insights series (Sept - Oct 2013), held in 16 cities across Europe, with more than 600 UHNW and HNW investors.
12/11/2013
Vicini Said to Hire Rothschild for Guiseppe Zanotti Sale
Vicini SpA, based in the town of San Mauro Pascoli, has appointed investment bank Rothschild
12/10/2013
European Family Offices Continue to Make Inroads to Economic Recovery
European family offices are experiencing a resurgence in confidence as the global financial system stabilizes, though single and multi-family offices are finding it difficult to look beyond short-term investment horizons, according to the 6th annual Europ
12/10/2013
Lloyds Banking Group in new sell-off of management company
LLOYDS Banking Group last night put up for sale its remaining stake in wealth management company St James’s Place
12/10/2013
Ex-Banque Havilland private bank head launches wealth business
In a career spanning more than 20 years, he has also had spells at Citi Private Bank, Barclays Private Bank, Coutts and Merrill Lynch.
12/10/2013
Berlusconi's holding selling 5.6 percent of Mediolanum
The placement of 41.3 million shares is being carried out through an accelerated bookbuilding aimed at Italian and foreign institutional investors.
12/09/2013
Wealth firm opens up fund range to external investors
Plurimi has opened its asset management business to external investors.
12/09/2013
London wealth manager opens Kent firm with ethical investment focus
He will advise affluent clients on their finances and investment portfolios, as well as covering accounting, tax and estate planning.
12/09/2013
Bellpenny buys Glasgow-based IFA MGW
MGW is the second Glasgow-based IFA business purchased by Bellpenny, following its acquisition of K M Financial Advisers in August.
12/09/2013
How will Jupiter's growth strategy change under new chief?
It is a move that has been greeted with some unease amongst some sections of the fund buying community.