01/05/2012

Private client portfolios lost money during 2011

The most recent analysis that ARC has put together, for Q3 2011, described the period as “the worst quarterly PCI results yet recorded”, including 2008. Its full-year 2011 analysis is expected to be available in around six weeks’ time.

01/05/2012

SocGen to replace private bank head

SocGen, France's second-listed bank, is cutting jobs, selling assets and overhauling management under Chief Executive Frederic Oudea as it seeks to restore investor confidence after a brutal 2011.

01/04/2012

Family offices to increase collaboration in 2012

The London-based advisory group said structures that allow family investors to share knowledge and co-invest, such as investment committees and roundtables, will become more commonplace this year.

01/02/2012

Crispin Odey: 'horrble' 2011 has produced bargains

At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.

12/27/2011

Family offices looking to grow wealth

Family offices would benefit from taking a three-pronged approach to managing their assets if they want to grow wealth in the current risky economic climate, according to investment manager Stefan Angele.

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.