02/20/2014
7IM switches Income fund to a passive mandate
7IM to expand its active allocated passive range by changing the strategy on the CF 7IM Income fund.
Wealth and Asset Management
02/20/2014
L&G targets HNW clients of DFMs with launch of tax solutions team
Private Client Solutions is made up of three people who will meet advisers and DFMs face to face to discuss tax solutions for HNW individuals
02/19/2014
Wealth firm to join AIM to fund 'strategic' acquisitions
In a statement to the Stock Exchange, AFH said it believes it has made sufficient progress to join AIM and that the move would help the company attract new investors and improve its profile.
02/19/2014
Credit Suisse extends scheme to pay top staff bonuses in cocos
Credit Suisse has changed the way it offers bonuses to top staff in a new bid to make employees take on risk, in a way which meets the wave of new regulations.
02/19/2014
Sanlam sets £6bn goal after board reshuffl
Alex Morley said he would aim to grow the firm “in a careful and considered fashion”, targeting an adviser head-count of 250-300 by 2017.
02/19/2014
Brewin Dolphin sees success ahead for Neptune European
Brewin Dolphin has tipped Rob Burnett’s Neptune European Opportunities fund for success in 2014 as it remains bullish on European markets.
02/19/2014
HL Multi-Manager breaks into top 10 thanks to UK income
The Hargreaves Lansdown Multi-Manager Equity & Bond Trust has broken into the top 10 in its sector with a three-year performance of 27.53 per cent, Morningstar data has shown.
02/18/2014
UK asset managers can boost competitive edge with more transparency
The growing consensus that more can be done to ensure clients’ funds are used fairly reflects a wider cultural shift across financial services.
02/18/2014
London is a whole new world as foreign wealth finds home
Traditional communities are dying out because many streets in “prime” parts of London house barely a single British resident
02/17/2014
Societe Generale Securities Services launches complete AIFMD reporting package for asset managers
This new offer responds to the different needs of its asset management clients, allowing them to concentrate on their core investment activities whilst ensuring they are fully compliant with AIFMD.
02/17/2014
Heir today, gone tomorrow - Close Brothers Asset Management
Affluent Britons set to leave loved ones with unexpected inheritance tax bills
02/17/2014
Swiss fund manager slashes prices in UK strategy rethink
Swiss fund manager is aiming to firmly establish itself in UK after pricing overhaul
02/17/2014
Bellpenny teams up with Charles Stanley for MPS access
Bellpenny's advisers can now access a suite of low-cost model portfolios through a partnership with Charles Stanley.
02/17/2014
Credit Suisse Bankers Face Delay To Bonuses
Hundreds of London-based bankers face having to wait until 2021 before they can cash in on bonuses awarded two years ago following an intervention by regulators.
02/14/2014
How much are they charging? New research reveals what the big firms cost
New research has highlighted the wide variance in fees charged by large wealth managers and adviser firms.
02/14/2014
Aberdeen CEO says no plans to move HQ
The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the face of a forthcoming referendum on Scottish independence.
02/14/2014
Rathbones, Close & Brown Shipley in bidding war for Jupiter wealth arm
The race for Jupiter’s wealth management arm now stands between Rathbones, Brown Shipley and Close Brothers Asset Management.
02/14/2014
Private Banks Offering Best Family Office Services Announced
As private banks increasingly court the lucrative family office market, a peer-reviewed survey has ranked UBS the top provider for the lucrative customer segment.
02/14/2014
Lombard Odier rolls out multi-strategy funds for private clients
Monier says: “Traditional approaches can over-expose investors to equity risk and may not be dynamic enough to cope with today’s markets. By balancing risk with a diversified approach, we aim to keep clients’ portfolios balanced and not
02/14/2014
Barclays Wealth team moves into new offices
"We are well placed to advise across a wide range of circumstances: from entrepreneurs looking to take the next step with their business or families seeking support on inheritance and succession planning."