12/27/2011
£1.4m for Brewin’s directors
Brewin’s annual report revealed that the bonuses were down from £1.7m in the previous year.
Wealth and Asset Management
12/27/2011
Banks and ABI to hold talks over 'out of control' bonuses
Major shareholders are preparing to meet top UK bank executives "behind closed doors" in the new year to thrash out concerns over excessive pay ahead of the crucial bonus season.
12/26/2011
Schroders 2012: A year in the global economy
Keith Wade, Chief Economist & Strategist, and Azad Zangana, European Economist, look ahead into 2012
12/26/2011
Archbishop queries bankers' bonuses
Writing in the Yorkshire Post, the archbishop said the UK needs a "sustainable steady economy in which the emphasis is placed on greater equality".
12/19/2011
Advisers set to face GBP40m in levy next year
The extra payments have gone to clients who lost out when a handful of investment companies collapsed, causing a deficit in the FSCS’s investment intermediation sub-class.
12/19/2011
Failed broker's client positions in hand: KPMG
KPMG also said in an emailed statement on Friday it had recovered about 600 million pounds ($929 million) of client monies from exchanges and clearing houses, and 200 million of MF Global's cash.
12/16/2011
Former Moore trader to liquidate credit hedge fund
The fund lost 8.9 percent for 2011 through November, according to a person familiar with the matter, who asked not to be identified because the information is private.
12/16/2011
UK money manager sees profit jump 50pc
In that period, Henderson bought its ailing rival Gartmore in an all-share deal valued at £335m. Gartmore had been beset with crises thanks to the controversial trading activities of one of its fund managers.
12/15/2011
Credit Suisse looks to Asia as Euro debt crisis muddles through
Investors are advised to diversify among carefully selected equities, credits and alternatives and focus on domestic demand and structural growth themes in Asia.
12/15/2011
Household wealth in Italy drops amid the economic crisis
Italy's household wealth is notably higher as a share of income than in other countries, topping the U.K. and France and amounting to 60% more than in the U.S., the central bank said.
12/09/2011
Adviser issues warning on pension protection pitfall
Wealthy individuals who have applied for fixed protection on their pensions could end up with a hefty tax bill if their insurance companies delay making contributions, an adviser has warned.
12/09/2011
Global asset management company shelves London move amid euro crisis
The deal was one of the largest and most anticipated in London's financial heartland, where there has been a dearth of large office moves as companies think twice before signing for new space amid the euro zone sovereign debt crisis and sluggish econ
12/09/2011
PE firms looking to hire in growth areas
Shrinking fund sizes, crisis in the euro zone and hopes for emerging markets growth are all redrawing the global private equity map, determining the locations and sectors in which buyout firms hire and fire staff.
12/09/2011
How damaging is our bonus culture?
It is the sort of idea that animated those forerunners of the Occupy movement, the Diggers encamped in 1649 on St George's Hill in Weybridge in Surrey.
12/08/2011
Independent wealth firm buoyed by discretionary funds
The growth was entirely driven by discretionary funds, which rose to £15.6bn from £14bn in 2010. This offset an 8.7% fall in advisory funds to £8.4bn.
12/08/2011
Thames River to close GBP3m portfolio
The firm said it had decided to close the strategy, which invested across a range of collectives across asset classes, as it has not managed to attract enough assets to keep it profitable.
12/07/2011
Why HSBC should claw back the £3.8m bonus promised to its former chief executive
The man with whom the buck stops, ex-CEO Michael Geoghegan, got a £3.8m bonus last year
12/07/2011
Wealth firm eyes growth in 'old' markets
Rothschild aims for “high single-digit” percentage annual growth in assets under management from the 11.8 billion euros ($15.9 billion) reported on March 31.
12/07/2011
City wealth manager adds to our appeal
Knight’s significant donation takes our total to an incredible £200,000 after only two weeks of fundraising.
12/07/2011
Money managers say inequality risks social contract
The potential instability from damaging the broader social contract ultimately threatened those at the top of the pile as well as the aggrieved majorities.