02/06/2015
‘War for talent’ being waged in compliance space
IFA networks and wealth managers are struggling to find the quality and quantity of compliance staff to keep up with an ever-increasing regulatory burden
Wealth and Asset Management
02/06/2015
Butterfield Group Receives Euromoney Awards
Butterfield Group today announced that it has received awards for Net-Worth-Specific Services for Super Affluent Clients in the Cayman Islands, and for Succession Planning Advice and Trusts in Guernsey in the 2015 Euromoney Private Banking and Wealth Mana
02/06/2015
Rochussen: why JO Hambro Capital Management will always be a boutique
Despite running over £16.2 billion in assets, JO Hambro Capital Management remains a boutique in the eyes of chief executive Gavin Rochussen
02/06/2015
UK wealth manager explores sale options
One banker suggested the company could be sold for a £50m-£60m price tag, around 10-12 times earnings.
02/06/2015
Panmure upbeat on opportunity for European Wealth Group
Wealth manager European Wealth is building a profitable business with plenty of upside through potential earnings enhancing acquisitions, reckons broker Panmure, which has started covering the shares.
02/06/2015
Standard Life in major advice play with purchase of £1bn-assets Pearson Jones
The acquisition of Pearson Jones for an undisclosed sum will bring in assets under advice of £1
02/06/2015
Family money puts its faith in European technology
Some of Europe's wealthiest families are investing chunks of their cash in technology companies, bringing the benefits of long-term horizons to start-ups and filling a funding hole for the continent's fledgling Facebooks.
02/05/2015
DBS raring to grow after SocGen unit takeover
There are strong rumours that DBS may already be eyeing another acquisition
02/05/2015
SocGen to Dismiss 1,180 in Brazil, Take $229 Million Charge
Societe Generale fell as much as 2 percent and was down 1.6 percent at 37.04 euros
02/05/2015
Banque Heritage says to buy client assets from StanChart Swiss unit
Banque Heritage said on Thursday it will buy client assets from British bank Standard Chartered for an undisclosed price
02/05/2015
New wealth firm launches in Manchester and London
Lasenby Knox, a new wealth management and financial planning firm, has launched with offices in Manchester and London.
02/05/2015
UK high net-worth individuals could increase
The demand for specialist tailored advice could increase because of a growing number of high net-worth individuals in the UK
02/05/2015
Investec Asset Management Extends Relationship with State Street
State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.
02/05/2015
Banque Heritage to buy client assets from Standard Chartered Swiss unit
The move is part of a wave of deals expected from Swiss private banks amid a raft of challenges
02/05/2015
Aberdeen Asset Management sees Emerging Market Flows Dip
Aberdeen Asset Management saw net equity outflows in the three months to the end of 2014 after investors moved money away from emerging markets in December.
02/05/2015
J.P. Morgan Named Best Global Private Bank
J.P. Morgan has been named the world's "Best Global Private Bank" in Euromoney's 12th annual survey of the global private banking industry
02/04/2015
Wealth M&A in 2015: is Ashcourt/Towry deal a one-off?
Towry's buy of Ashcourt Rowan marks the first big wealth management deal of 2015. Is it a sign of things to come?
02/04/2015
Stanhope set to launch Jersey office
Stanhope Capital is seeking to grow its presence in the Channel Islands with plans to launch a Jersey operation.
02/04/2015
Global Ultra Wealthy Population Hold Nearly US$3 Trillion In Owner-Occupied Residential Real Estate Assets
The United States is the most popular country for foreign ultra wealthy individuals looking to buy secondary residences, followed by the United Kingdom and Switzerland
02/04/2015
What The City's Superwoman Did Next: How Nicola Horlick Hopes to Crack Crowdfunding
The business, by then owned by Deutsche Bank, had every reason to be grateful to Horlick, who oversaw huge growth in its investment management business, but suspected she was about to jump ship to a rival along with key members of staff.