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Wealth and Asset Management

12/19/2012

Vistra announces rebranding of Corporate Services Belgium CVBA

Vistra now has two offices in Belgium - Brussels and Antwerp - from where it is able to offer local clients access to its network of 25 offices spanning 19 jurisdictions worldwide.

12/18/2012

Skandia’s unbundled platform goes live

Skandia is now in a transition phase, helping advisers with the new platform.

12/18/2012

Bloomsbury takes adviser team to six with new hire

Firm recruits Chartered financial planner with advanced qualifications in investment management and estate planning.

12/18/2012

Liontrust lifts Brooks Macdonald stake above 12%

Liontrust has bumped up its exposure to Brooks Macdonald.

12/17/2012

Schroders hits US acquisition trail

The transaction is expected to be completed in the first quarter of 2013.

12/17/2012

Fletcher and Beckwith join forces to form ‘London Wall Partners LLP’

Launched today with full FSA authorisation, the firm is partner-owned and funded, and will provide conflict-free advice based on a thorough and unbiased assessment of the market – principally to individuals, but also to trusts.

12/17/2012

Aberdeen AM boardroom pay-out tops £13m for second year running

The payments came after another strong performance for the group, which entered the FTSE 100 index earlier this year.

12/17/2012

FSA vows to keep pressure on wealth firms amid new probe

FCA has already said it will break with tradition to name and shame errant individuals as soon as a probe begins.

12/16/2012

Fat cat crackdown as bankers' bonuses could be capped at twice salary

Bankers' bonuses would be capped at double the level of basic pay under plans being drawn up in Brussels

12/16/2012

U.K.’s Biggest Broker Takes on Funds That Made Him a Billionaire

Now, as planned rules threaten his business model, he intends to raid fund managers’ profits.

12/16/2012

Van Lanschot takes 122 mln euro charge on goodwill

The impairment does not relate to Kempen's current activities.

12/16/2012

Ruffer's profit soars 40% on £2bn asset rise

Ruffer Management Limited has seen a 39% rise in profit after tax.

12/16/2012

Brewins merges Bradford and Leeds offices in branch 'tidy up'

As well as the Bradford office moving to join its colleagues in Leeds, Brewins’ Elgin office in Moray, Scotland, has relocated to Inverness, while its Dumfries hub has moved to Penrith.

12/13/2012

Fiducia eyes move to family office model

"We believe that, if a financial planner is to survive, they should really consider that."

12/12/2012

Liechtenstein private bank buys Clerestory, moves into real estate

Aiming to offer clients greater access to real estate expertise and investments, the new firm comprises the group's first major step into real estate investment, managing $25bn AUM on behalf of over 300 institutional clients.

12/12/2012

Italian Household Wealth EUR8.62T at End 2011

The sum, which is more than five times gross domestic product

12/12/2012

Billionaire Wilbur Ross Plans to Buy Stake in NBNK Investments

NBNK will make a tender offer to investors for a further 18.9 million shares at the same price

12/11/2012

RBC Leads Bay Street Bonus Rise as Wall Street Faces Cuts

Canadian Imperial Bank of Commerce was the only one among the group to pare its bonus pool

12/11/2012

Deutsche Bank to Focus on Russia’s Rich After Fund Merger

Germany’s biggest bank agreed to buy the 60 percent in Deutsche UFG Capital Management it didn’t already own a year ago.

12/11/2012

Ashcourt Rowan expands into Salisbury

The group said the move is part of plans to become one of the leading wealth management firms in the country.

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