09/04/2013
Cheltenham wealth manager buys £60m client book
Cheltenham-based weatlh management firm Attivo Group has acquired the client book of Kent-based Valiant Financial Consultants Ltd
Wealth and Asset Management
09/03/2013
Hargreaves profits jump 28%
Hargreaves Lansdown has reported a rise in assets under administration, profits and client numbers while revealing further progress in pricing.
09/03/2013
SJP: Our charges are easier for clients to understand
Multiple hourly charges for advice could be as “complicated” for consumers to understand as energy bills, the marketing director of St James’s Place has claimed.
09/02/2013
Edmond de Rothschild Completes Overhaul of Asset Management Division
The Edmond de Rothschild Group, with more than 55 billion Swiss francs (close to 45 billion euros) under management, aims to raise a further 25 billion Swiss francs by 2016
09/02/2013
ARC Private Client Indices and ARC Charity Indices are now available.
The latest performance estimates for the ARC Private Client Indices and ARC Charity Indices are now available.
09/01/2013
Towry in talks to buy Bluefin
Bluefin owner AXA had put the business up for sale, alongside employee benefits arm Bluefin Corporate Consulting, in 2011.
09/01/2013
First State Global Emerging Markets Leaders Fund removal from Wealth 150
The First State Global Emerging Markets Leaders Fund has been removed from the Wealth 150 list of our favourite funds for new investment.
09/01/2013
Qatar bolstering wealth fund team to diversify portfolio - sources
The hiring reflects a long-term objective of geographically balancing a portfolio which is now nearly 80 percent exposed to Europe.
09/01/2013
Novia unveils plans for DFM division
The DFM will offer a range of risk-rated model portfolios using passive investments including Oeics and exchange-traded funds.
09/01/2013
Family Office And Night Clubs
Then there are the stories about hedge funds turning themselves into family offices.
08/31/2013
HSBC to cease wealth management business in some MidEast countries
HSBC, Europe's biggest bank, has cut its retail banking business in some Middle Eastern nations
08/30/2013
Indo-Brits Account For 22% Of UK’s Ultra-Rich Club
Super-rich Indians account for more than 20% of the wealth of ultra-high net worth
08/29/2013
UK Wealth Management posts £1.9m loss as RDR slows progress
In its financial statement for the year ended 31 December 2012 UK Wealth Management said the RDR had affected its revenues and acquisition strategy and led to adviser departures.
08/29/2013
Sparse coverage spells opportunity in frontier markets
Frontier markets have not suffered the same heavy year-to-date outflows as emerging market funds
08/29/2013
Norway’s Sovereign Wealth Fund And The Top 15 From Around The World
It’s just like “The Sound of Music,” without the Nazis.
08/28/2013
Wealth managers fear consolidation; signs of strain in Singapore sector
Many foreign banks came in without giving enough thought about the sustainability of the business
08/28/2013
RBC Wealth Management income up 51%
Royal Bank of Canada’s profit soared to new heights in the third quarter as the bank reported record earnings of $2.3-billion.
08/28/2013
Sesame Quadruples Losses as Keydata Fine Bites
Sesame, the adviser network arm of Sesame Bankhall group, has reported a loss for 2012 of £9.3m - four times its losses in 2011 - as a provision for a regulatory fine took its toll.
08/28/2013
‘Clients are more engaged in how best to manage wealth’
John Price, executive director of Coutts in Liverpool, says the recession has prompted more people to seek wealth management advice
08/28/2013
Kleinwort Benson Wealth Management makes first-half loss
Good momentum and growing marke t traction at Kleinwort Benson Wealth Management have not yet translated into profitability due to the continuation of the challenging market conditions seen in 2012, coupled with our ongoing investment into the business to