01/03/2014
Guernsey-domiciled hedge fund firm TFM - which hunts out opportunities in assets and asset classes in believe to be ‘superior’ based on their track record and expertise bought the stake though its Tetragon Financial Group Master fund
01/02/2014
Antony Jenkins, chief executive of Barclays, has defended pay in the banking sector as he guest-edited the Today programme
01/02/2014
As part of this arrangement, RHJI holds a 19% interest in KBA and will retain access to future unique investment products and services for existing and future clients.
01/02/2014
London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.
01/02/2014
In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.
01/01/2014
Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay
12/31/2013
Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.
12/28/2013
Swiss private banking in clinch with high cost level
Nevertheless, the biggest wealth managers lost some market share to medium-sized competitors. Post-crisis low turnover and low interest rates still put pressure on returns, while cost levels remained sticky.
12/23/2013
The deal has been anticipated for years, ever since the Belgian government bailed out KBC for $9.5 billion during the financial crisis of the late 00's.
12/23/2013
As a result, WAY will continue to focus on the core business of trust management.
12/23/2013
The loan is a two-year loan and bears interest of 10%, payable monthly
12/20/2013
Aberdeen Asset Management's veteran deputy chief executive Andrew Laing has enjoyed a £5.4 million payday as he became the latest senior figure at the acquisitive fund manager to cash in stock.
12/20/2013
Kleinwort Benson Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK
This information has already been provided.
12/20/2013
Brooks Macdonald Group Acquisition
Option Agreement to Acquire Levitas Investment Management Services
12/20/2013
UBS takes big stake in Ashcourt Rowan
The news follows an announcement by Ashcourt that it had entered into an agreement to buy UKWM, a north west England-focused discretionary and pensions management group, for £14.25 million. It ensnare
12/20/2013
Towry acquires Lighthouse subsidiary AR in £500k deal
The firm said: “Having been approached and concluded that the holding was not strategic in nature, the group accepted the offer made for its shareholding in Deverill Black.”
12/19/2013
Ashcourt Rowan is looking to grow its assets under management from £3.7bn to £10bn in the next three to five years following its deal to acquire adviser firm UK Wealth Management for up to £14.25m.
12/19/2013
Jersey’s financial services credentials highlighted to senior UAE and Qatar professionals
Jersey’s role as a partner jurisdiction for wealth management, banking, corporate and funds work in the Middle East was highlighted to audiences of senior finance professionals at two key events in the Gulf region this month.
12/19/2013
Wealth management firm to run Investment Quorum discretionary funds
Six risk-rated discretionary portfolios to be outsourced to Ingenious Asset Management.
12/18/2013
Old Mutual Wealth is in talks to buy adviser network Intrinsic, Money Marketing understands.