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Digital shift drives wealth management practices

“If we command our wealth,” wrote Edmund Burke, “we shall be rich and free. If our wealth commands us, we are poor indeed”.

Jupiter Fund Management Assets Under Management Up 20% In 2013

"Mutual fund inflows of GBP458 million in the fourth quarter were driven by improved client sentiment and strong delivery from our increasingly broad distribution network," Chief Executive Edward Bonham Carter said in a statement.

Bath-based Epoch Wealth Management business named Adviser of the Year 2014 for the South West

Epoch beat off competition from four other shortlisted firms to win the prestigious award at the New Model Adviser Conference in London.

UBS Sees Increasing Swiss Competition in U.K. Wealth Push

UBS AG, Switzerland’s largest bank, expects to boost client assets in the U.K. this year even as Swiss competitors try to break into London’s $1.2 trillion private wealth market to help counter withdrawals at home.

Close Brothers Asset Management launches the Family Business Club

The service will provide support and networking opportunities for family businesses with a programme of tailored regional seminars, conferences and networking events. These will be supported by the Family Business Insight LinkedIn Group.

London Wealthy Courted by UBS as Swiss Banks Pursue U.K. Growth

Davy ups presence in North by acquiring Square Seven

Davy Stockbrokers has acquired Northern Irish wealth management firm, Square Seven Financial Planning, which has 400 clients and £75m of assets under management for an undisclosed fee.

HNW Investor Returns at a high, yet, confidence in Financial Service Providers at a Low – what’s the deal?

It’s more than just making money – it’s about: Trust, Transparency & Technology

Aberdeen Asset Management publishes more detail on executive pay

Other potentially controversial elements are the lack of an upper limit on bonuses for the directors, including Martin Gilbert, who founded the firm 30 years ago.

Jupiter to sell wealth manager

A clutch of private-client investment firms, including Rathbones, Towry and Quilter, is believed to be looking over the business, estimated to be worth £50m.

JOHIM rebrands as Waverton

J.O.Hambro Investment Management has rebranded itself as Waverton Investment Management today following the management buy-out from Credit Suisse.

Ashcourt Rowan completes Generali Portfolio Management acquisition

This acquisition adds c.£215 million in discretionary assets under management and c.£2 million of predominantly recurring annual revenues.

Bermuda’s largest independent bank to acquire Legis Trust business

“The acquisition of Legis Group’s Guernsey trust operation adds further scale to Butterfield’s international trust business, and adds to the strength and depth of our specialist trust team internationally.”

Significant concerns and risk of conflict for today’s DC pension trustees and members - RESEARCH

The key findings highlight the tensions currently being felt, suggesting a risk of conflict between members and trustees:

Sarasin & Partners expands its Global Equity Income range to four funds

Recognising the increasing demand for global equity income investments, Sarasin & Partners has launched two new global equity income funds.

German Watchdog Criticizes Deutsche Bank's Bonus Policy

German financial watchdog Bafin has spoken out against Deutsche Bank's bonus policy and urged the country's flagship lender to abide by new remuneration rules

Barclays unveils regional management line-up as job cuts bite

Barclays has unveiled a streamlined regional management structure after an overhaul of its wealth business led to a raft of regional roles being cut.

Willis Group to Acquire Specialist Broker

The Firm currently has 61 employees and consultants based in Hong Kong, Singapore, Switzerland and the US.

Ex-Barclays private bank boss joins Nikko AM as CEO exits

Meanwhile CEO Beazley, who is also the Japanese group’s president, will be replaced by former Nomura boss Takumi Shibata.

UBS plans to launch South West hub

The wealth management division’s team of private client specialists currently services the South West from its London office.

Wealth and Asset Management