12/03/2013
Zurich assets grow by £2.35bn in 2013: CEO
The provider’s UK life chief executive said UK platform assets had reached almost £7bn by the end of the third quarter of 2013
Wealth and Asset Management
12/01/2013
Rothschild launches UK asset management business, eyes infrastructure debt fund launch next year
The group attempts to make the UK capital its fourth global hub alongside Paris, Geneva and Luxembourg.
12/01/2013
Rowan Dartington to double investment team in regional push
Rowan Dartington aims to double the number of investment managers it employs to 12 and is looking to launch an ‘At Retirement’ pensions planning service next year.
12/01/2013
Fund groups in talks with Skandia over Select pricing fears
The deals centred on Skandia’s ability to provide flows to the funds from both advisers and its life book in exchange for ‘super clean’ prices.
12/01/2013
Epoch Wealth Management celebrates corporate chartered status
Epoch is one of only 576 financial planning firms nationally to be awarded chartered status which is widely seen as the gold standard for the financial services industry.
12/01/2013
Hargreaves To Announce 'Waitrose-Style' Premium Pricing Structure
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
11/29/2013
Dominant City has most €1m bankers in EU
European Banking Authority figures highlight City's dominance with 77pc of top paid EU finance executives based in London
11/28/2013
UBS shrinks advisory team for rich in emerging markets
The move comes one year after Chief Executive Sergio Ermotti said UBS would let go 10,000 staff and eventually derive profits almost solely from its private banking unit, which caters to the financial needs of the wealthy.
11/28/2013
Mattioli Woods reveals revenues hit by Ucis action
Mattioli Woods has put the brakes on property syndicates after the regulator stated Ucis should only be promoted to more strictly defined “sophisticated investors”.
11/28/2013
Battle for world’s largest wealth fund, and what it means for energy sector
A number of organizations and institutions in Norway have for some time been advocating such a reform.
11/28/2013
Brown Shipley private banking head steps down
The duo remain at the bank but have stepped back from their positions to concentrate on running private client portfolios. The bank declined to disclose the reasons behind the move.
11/28/2013
Citigroup’s Banker Pay in London Tops Lloyds, Santander
Spain’s Banco Santander SA paid an average of 207,000 pounds, while Lloyds Banking Group Plc paid the least, at 158,000 pounds.
11/28/2013
Howden Launches Private Client Division
Howden Insurance Brokers has launched a private client division and appointed Simon Aitken as managing director of it.
11/27/2013
Hambidge cuts Premier’s equities in Europe
The manager now has just 2 per cent of his £223.6m Premier Multi-Asset Distribution fund invested in European equities.
11/27/2013
Italy's networks of advisers post €1.3bn in October - Assoreti
Italy's networks of financial advisers' contribution to flows into open OICRs was above €1bn, equal to 62.6% of total net inflows to the sector (€1.6bn).
11/27/2013
Vanguard Launches Adviser Value Index
A novel means of measuring and monitoring over time the value advisers deliver to their clients has been launched by Vanguard Asset Management.
11/27/2013
Deutsche aims for mega-rich in UK private bank revamp
Deutsche Bank has refocused its UK wealth management business on the brutally competitive market catering to ultra-rich foreigners with plans to sell its loss-making Liverpool-based unit targeting the "mass affluent".
11/27/2013
French asset management industry opens up to UK investors
France's asset management industry has remained strong and dynamic in a challenging global environment, the AFG and PFI said during their first roundtable in London this week.
11/27/2013
Nine IFAs pick up coveted Gold Standard Award
Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.
11/26/2013
Wealth-X Announces Digital News Publication And Editorial Team
This unique publication will provide daily analysis on the fluctuations of the assets of the ultra wealthy by tracking initial public offerings, mergers and acquisitions, inheritance and succession, divorce and marriage, property sales and other large liq