08/19/2012
Norway's Sovereign Wealth Fund Looks to Add Risk
According to the report, the fund may look to favor shares of smaller companies over those of larger ones, and undervalued stocks over high-growth stocks.
Wealth and Asset Management
08/19/2012
Only one in eight will pay for ongoing advice, survey finds
Its survey of 2,028 people from households with incomes of more than £50,000 found that while 81% would seek financial advice, only one in eight would pay for an ongoing service.
08/19/2012
Rothschild appoints new team to UK Wealth Management business
Their experience with ultra high net worth individuals will be extremely valuable in meeting increasing demand for Rothschild’s services from this client segment in particular
08/16/2012
National IFA opens Chester office
These advisers were recruited from Barclays Financial Planning in 2011.
08/16/2012
Openwork paid nothing for 2Plan acquisition
Openwork, which is 25 per cent owned by Zurich, acquired national IFA 2Plan in July 2011 after announcing the deal in September 2010.
08/16/2012
Charles Stanley to boost presence in the North
The national wealth manager has historically been opportunistic in expanding its regional presence, such as when it opened its Liverpool office in August 2010 on the back of acquiring a local employee benefits firm.
08/15/2012
Close Brothers shuts Chartwell Direct call centre in Bristol
“This move has no impact on Chartwell’s advised clients who will continue to be served out of our Bristol office.”
08/15/2012
Wealth boutiques merge ahead of RDR
James Hambro & Partners is merging with another wealth management boutique, ahead of changes due in January as part of the UK's Retail Distribution Review.
08/15/2012
EuroMillions Win - Coutts
With EuroMillions in the spotlight following the announcement of the latest jackpot winners, speculation grows as to what the winning couple will do with their windfall.
08/15/2012
St.Galler Kantonalbank is doing well in the current year
In a continued challenging economic environment, St.Galler Kantonalbank achieved a good half year result. This was primarily due to the net interest income and lower operating expenses.
08/15/2012
When a rugby scrum meets a financial scrum
Included in the squad will be Harlequins and England captain Chris Robshaw and fellow internationals Mike Brown, Ugo Monye, George Robson and Nick Easter.
08/15/2012
The UK's Wealthy are Currently Experiencing Very Different Fortunes - RESEARCH
New data on the wealthy population in the UK produced by Ledbury Research reveals just how volatile the fortunes of the wealthy are in the country.
08/14/2012
Saunderson House looks to consolidate platform use
The firm currently holds assets on Cofunds, Fidelity FundsNetwork, Stocktrade, Alliance Trust and James Hay.
08/14/2012
Acta Holding to acquire Swedish wealth management company
Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.
08/14/2012
Standard Life executives to reap gains
Shares in the FTSE 100 life insurer reached their highest level since 2008 after first-half operating profits rose 15 per cent to £302m, surprising analysts who forecast a 3 per cent fall.
08/13/2012
Swiss bank acquires Irish financial operation
The deal will see $84 billion in assets under management and more than 2,000 employees transfer to Julius Bär, which will now be operational in several new markets, including Luxembourg, Spain, India and Ireland.
08/13/2012
Has Hambro struck gold with London Mining deal?
It will also turn his specialised vehicle into a more attractive proposition in the eyes of income-seeking investors.
08/13/2012
Van Lanschot: investment and cost reduction programme on track
Assets under management up 2%
08/13/2012
GAM First-Half Profit Rebounds After Lower Charge on Artio Stake
Net new money inflows at Group level were CHF 0.9 billionfor the first six months of 2012, up from the CHF 0.6 billion reported in the first half of 2011 and a significant improvement on the net outflows
08/12/2012
End of line for 'free' financial advice
Analysis by the FSA before it launched its review suggested consumers were losing £43m a year because of advisers, driven by commission, encouraging them to switch pensions.