01/28/2013
Royal Bank of Scotland could hand £4m in bonuses to investment chief
His departure from the bailed-out bank has been the topic of speculation for many weeks ahead of a fine
Wealth and Asset Management
01/28/2013
Oaktree WM launches international business
The firm, run by former Wealth Manager cover stars Jeremy Arthur and Ian Brady, Invesco Perpetual’s ex-head of fund of funds, is planning to target international clients through the new business to be led by Shah. He joins from Christchurch Investm
01/27/2013
Chocolate maker Ferrero confirmed as wealthiest Italian: Wealth-X
Michele Ferrero, owner of renowned chocolate maker Ferrero, is the wealthiest Italian, according to research published by data and information consultancy Wealth-X.
01/27/2013
7IM delays adviser loans move
Seven Investment Management says it still plans to offer advisers a lending facility despite delays to the service’s launch.
01/27/2013
FSA gives controversial Tory donor permission to launch private bank
On its website it says: ‘The Bank is managed with the financial conservatism that has been the hallmark of the family.
01/24/2013
Global Wealth Managers Will Be 'Winners' in 2013 - Analyst
Wealth management is the most attractive and undervalued business for the banking universe in 2013
01/24/2013
SUN LIFE, RBC named to Global 100 in Davos
Sun Life Financial ranked 85, while Royal Bank of Canada came in 87
01/24/2013
Charles Stanley fee income jumps 13% as AuM break record
Total client funds under management rose by 4.6% in the three months to the end of December
01/24/2013
Brooks Macdonald discretionary assets jump 23%
Brooks Macdonald Group plc today announces a trading update for its half year ended 31 December 2012 together with an update on its funds under management.
01/23/2013
Lloyds' wealth arm caught in fresh jobs cull
The cuts come after some 360 job losses were announced earlier this week.
01/23/2013
St James's Place rides crisis with robust 2012 sales
Funds under management of £34.8 billion (2011: £28.5 billion) up 22% over the year
01/22/2013
Close Brothers AM set to move into the black
Claims it is on track to return to profitability in the coming year.
01/21/2013
Quilter-Cheviot £12bn merger given green light
Fund manager merger to be completed after regulator agrees deal.
01/21/2013
Ongoing adviser fees averaging at 0.6%: FundsNetwork
Platform sees 10,000 clients set up on fee service since its launch in October.
01/21/2013
How do you impress someone who can afford almost anything?
Private banking's new play: schmoozing with a dynasty
01/20/2013
SNS Reaal in talks to sell private banking
Dutch banking and insurance group SNS Reaal is in talks to sell a private banking business to rival Bank ten Cate, as it battles to avoid a second state bailout following huge losses on property loans.
01/17/2013
Old Mutual Wealth chief sets out distribution plans
Chief executive describes “strategic partnerships”.
01/17/2013
Raymond James’ Pay Grid Gets Long-Awaited Facelift
"This is the first significant change to our grid during my almost 20 year tenure at Raymond James."
01/16/2013
Aberdeen Asset Management raises AuM and new business
Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.
01/16/2013
Former hedge fund star launches family office
He is one of a number of star hedge fund managers who has moved away from managing assets for pension funds or wealth managers and rich individuals and switched to running his own wealth.