03/24/2014
British life insurance and pensions group in advanced talks to buy rival asset management unit
It is in "exclusive and advanced" talks to buy rival
03/24/2014
"Credit Suisse has been working on efficiency measures for some time," said a Credit Suisse spokesperson to Reuters, without confirming the report.
03/24/2014
Miton Group saw assets under management surge by 73.5% to £3.1 billion in 2013 on the back of its acquisition of PSigma.
03/23/2014
UK retirees will no longer be compelled to convert their retirement savings into an annuity contract.
03/23/2014
Pinnacle Private Wealth, a Woburn-based firm which provides customized wealth strategies for businesses and individuals, has merged with Wachusett Wealth Management of Leominster.
03/23/2014
British life insurance and pensions group Standard Life has announced it is in "exclusive and advanced" talks to buy rival Phoenix Group Holdings' Ignis Asset Management.
03/21/2014
Investment trusts chasing places in model portfolios may need an overhaul in order to meet wealth managers’ expectations of size and liquidity
03/21/2014
Morgan Stanley today announced that four UK-based charitable organisations will benefit from the Firm’s first UK Strategy Challenge.
03/21/2014
The Strategy Challenge is Morgan Stanley’s signature skills-based volunteer program, which provides non-profit organisations with pro bono strategic consulting.
03/21/2014
‘We are selectively recruiting investment professionals to try to capture flows
03/21/2014
Sanlam Private Investments (SPI) has created a new company to which professional connections can outsource their clients’ wealth management through a joint venture approach.
03/21/2014
Ex-UBS equities head to set up African venture
A former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.
03/20/2014
France's big banks are embracing an unlikely challenge - to prise away some of Germany's mighty Mittelstand of small and medium-sized enterprises from their local banking partners.
03/20/2014
Pioneers of Multi-family Office Sector to Create Major Combined Force
Newly appointed CEO to manage the expansion of the two firms
03/20/2014
Chairman and chief executive Henry Angest said: "This has been another significant year. Both banks have made good progress. We have substantially increased the net assets of the group and at the same time been able to pay shareholders a special divi
03/20/2014
Merrill Lynch Wealth Management and Edhec Business School Joins Forces to Advance Goals-Based Wealth Management
We are delighted to be able to work on the industry-relevant and intellectually stimulating subject of risk and goal allocation, thanks to our collaboration with Merrill Lynch on this research chair"
03/20/2014
French boutique launches global megatrends Fofs
Cedrus Asset Management has announced it is launching a multi-manager fund which aims to assemble a portfolio of the best global thematic equity funds in the market.
03/20/2014
Aberdeen gets approval for Scottish Widows acquisition
The Company expects to issue a statement on 1 April 2014 to confirm that completion has taken place and to issue a trading update on the same day.
03/20/2014
Societe Generale Securities Services mandated by CNP Assurances for collateral management services
Societe Generale Securities Services has been mandated by CNP Assurances to provide collateral management services with regard to collateral swaps between CNP Assurances and its counterparties.
03/20/2014
Brewin Dolphin could enjoy a post-Budget bounce in its share price as it prepares to help pensioners navigate a new pensions climate, Alex Wright of Fidelity Special Situations has predicted.