02/28/2014
Old Mutual announces acquisition of 3,000 adviser firm
The move, first tipped by Money Marketing in December, will see Intrinsic retain its brand and management team.
02/28/2014
Banks are well aware that money laundering risk must be addressed in the context of wealth management.
02/28/2014
Jupiter chief executive Edward Bonham Carter said the firm is 'exploring' options for its wealth business.
02/28/2014
But while the bank’s Gibraltar operation appears safe for now, it may have reduced capacity to take on new local business in the future.
02/28/2014
Seb Dovey, managing partner at Scorpio Partnership talks to Hubbis about the definition of wealth management today
02/28/2014
‘We have had a very positive start since our launch in November last year and have attracted a lot of new wealth management business
02/27/2014
U.S. hedge fund acquires 11 pct derivatives stake in F&C Asset Management
The activist hedge fund purchased derivatives equivalent to around 63.8 million ordinary shares, the filing showed.
02/27/2014
Having travelled the length of breadth of the country, we land in ultra-competitive London to reveal the five names in the frame for a gong at next month's Citywire Regional Wealth Star awards.
02/27/2014
The BRICS bloc of emerging economies will set up its development bank with a total capital of $100 billion within five years, but member countries still haven't agreed on their share in the bank's structure
02/27/2014
Deutsche Agrees To Sell UK Tilney Business
Deutsche Asset & Wealth Management has agreed to sell Tilney, a subsidiary of its wealth management business in the UK, to Permira, which recently bought Bestinvest.
02/27/2014
Barclays launches St Albans wealth arm
Barclays Wealth and Investment Management is opening an office in St Albans.
02/26/2014
The Swedish client base is of particular interest since more than three quarters of Swedes invest in investment funds, making it an important European market.
02/26/2014
Wealth manager plans to add Hong Kong expats to court of St James’s
he move could presage long-term expansion overseas.
02/26/2014
Excluding Switzerland, which experienced a modest outflow in the second half, all other private banking businesses were positive in relation to net new assets.
02/26/2014
‘This new office reflects our strategy to grow our discretionary wealth management business.
02/26/2014
Clients redeemed $10.2 billion, or 13 percent of the company’s average assets, in Ashmore’s fiscal first half because of withdrawals in some fixed-income and currency investments, according to the statement.
02/26/2014
All management and key staff will retain equity interests in R&M Group.
02/26/2014
Italy's asset management industry had net outflows of 1.512 billion euros in January against outflows of 582 million euros in December
02/26/2014
Wealth Management net income was $235 million, up $6 million or 3% compared to last year, mainly due to higher average fee-based client assets resulting from capital appreciation and strong net sales.
02/26/2014
A new proposal, currently under review by home secretary Theresa May, could revolutionise the UK "investor" visa, creating billions of pounds worth of inward investment for the UK.