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Wealth and Asset Management

07/07/2013

Former Secretary of State joins independent multi-family officey board

He is currently a Visiting Professor at the University of Sheffield (Department of Politics Crick Centre), visiting lecturer and adviser to the London School of Business and Finance and an Academician of the Academy of Social Sciences.

07/07/2013

Vestra Wealth buys out Goldman

Vestra now has 22 partners and controls £3.6 billion in assets under management.

07/07/2013

Ashcourt Rowan opens Exeter office

Wealth management group Ashcourt Rowan has strengthened its presence in south-west England

07/04/2013

UBP to shed 300 jobs after Lloyds unit purchase

Union Bancaire Privee plans to cut around 300 jobs from the international private banking arm of Lloyds Banking Group Plc which it just bought

07/04/2013

Oldest French-Swiss private bank bulks up with merger

The oldest private bank in French-speaking Switzerland to offer a variety of investment funds alongside its traditional wealth management services.

07/04/2013

McManus & Associates Named Finalist for STEP Private Client Awards

The STEP Private Client Awards highlight excellence among private client solicitors/attorneys

07/03/2013

Where Arbuthnot believes the best growth opportunity lies

Arbuthnot Latham expects to receive its full Dubai banking licence next month and is eyeing further international expansion to boost growth.

07/03/2013

TCC responds to Clive Adamson’s speech on the FCA’s approach to supervising wealth management and private banking firms

The FCA will be delving deep into the firms they are supervising to better understand the market and understand fully the end to end process that a customer experiences.

07/03/2013

Wealthy Appetite: HNWIs gobbling up European prime property

Very few agents can go toe to toe with Beauchamp Estates on sheer net-worth-per-client.

07/03/2013

Wealth manager apathy leaves investment trusts ‘vulnerable to corporate raiders’

This lack of demand for the funds’ shares has left them trading on wide discounts to the underlying value of their portfolios,

07/03/2013

Edmond de Rothschild in major restructure

Following news its Paris-based fund selection chief was leaving

07/03/2013

Liontrust reports net inflows of £300m over Q2

Despite a sharp sell-off over the second half of the period Liontrust has reported net inflows of £302 million in the three months

07/03/2013

Seven IM teams up IFAs, accountants and solicitors

Seven Investment Management has started a programme of bringing solicitors, financial planners and accountants together

07/03/2013

Tax relief for charities and donors increased to £4.09bn in 2012/13, HMRC reveals

Figures show that charities claimed £3bn and donors claimed £1.09bn, including £510m from inheritance tax and £40m in payroll giving

07/02/2013

Investec Wealth & Investment’s Ashes 2013 Cycle Challenge team have broken the £100,000 fundraising mark

Over 70 cyclists, including staff from IW&I and their guests, are participating in the ride which will cover all five Ashes Test grounds in five days in mid-July. The target is to raise £200,000 in total.

07/02/2013

2plan Wealth Management post first profit

Keeping on top of overheads and investing in technology, particularly “bespoke” software, had also improved the firm’s financial performance,

07/02/2013

Aberdeen Asset Management pair die in cycle tragedy

The fact that they died in such tragic circumstances while trying to help others less fortunate

07/02/2013

Bonus Limit for Fund Managers Rejected in EU Parliament Vote

The European Parliament narrowly rejected proposals to ban fund managers from receiving bonuses amounting to more than their annual salary

07/02/2013

AWD Chase de Vere profits hit as it braces for Keydata fight

Independent financial adviser Chase de Vere has posted a £11.6m loss for 2012

07/01/2013

Government 'to ask Rothschild to advise on RBS split'

The Government is this week expected to ask Rothschild to advise it on separating RBS into a good bank and bad bank.

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