Managers of Wealth

Queens bank joins Bounce Back Loan Scheme to help those affected by Covid-19

The Bank continues to review applications from a wide range of lender types

Asset Management Europe - Rothschild & Co

Monetary policies have also played a major role in the improvement of investors’ sentiment as swift

Barclays granted South Africa private banking licence

We consider South Africa and the wider African continent to be an exciting growth market for the Private Bank."

Consolidator to launch adviser academy in 2021

Once it is fully functioning Mr Inglesfield said the consolidator planned to place 50 trainees with the academy each year, who would then graduate to replace retiring advisers and support the company's plans for organic growth outside of acquisitions

Brown Shipley sells employee benefits arm

The private bank has disposed of the employee benefits division of NW Brown, the £1bn Cambridge-based wealth manager it acquired last year.

Citi’s Brazil CEO Works in a Near-Empty Tower Handling a Loan Surge

The economic fallout has been devastating, with the bank’s economists predicting a 6.5% contraction this year.

JTC Wins Mandate for New Brooks MacDonald International Funds Business

The acquisition is expected to complete later this year, subject to regulatory approval, and represents a high-quality investment offering for an affluent and high net worth client base, with Funds Under Management of £1bn (May 2020).

Banque Bonhôte buys CHF 2bn AUM private bank

PCP bank’s founder Andreas Bodenmann will keep an active role with clients

Private Client Partner Zac Lucas on Why Asia’s Wealth Community should be Proactive, Professional and Vigilant

Lucas is enjoying his new role with city law firm McCarthy Denning now that it has launched its formal association with Singapore firm, ArrowGates LLC.

EFG International concludes share buyback programme

The total of repurchased shares reflects EFG’s cautious approach of capital preservation as a result of the coronavirus (COVID-19) pandemic and follows the regulator’s recommendations.

Consolidator gains £70m Aum in tenth acquisition

Two weeks ago the company revealed it had purchased Stevenage-based financial planning firm Richmond House Wealth Management in a deal which added £250m in assets under management and eight advisers to the business.

ZEDRA completes acquisition

This latest deal will bring additional scale and expertise to our already fast growing Singapore office.

JTC Completes Acquisition of Sanne Private Client Business

The deal forms part of JTC’s ongoing growth strategy, with the company continuing to see opportunities for organic and inorganic growth across both its Institutional and Private Client Services divisions.

Liontrust to acquire Architas UK investment business

The Architas UK Fund Management Team headed by Sheldon Macdonald will join Liontrust and merge with the Liontrust Multi-Asset Investment Team.

Schroders to acquire majority stake in Pamfleet

The acquisition reinforces Schroders’ private assets and real estate capabilities, building on the recent purchases of Blue Asset Management, the value-add real estate specialist in Munich, and Algonquin, the Pan-European value-add Real Estate Hotel

Swiss WMs expect to increase AUM as global finance experts back active funds

On average, only 69% of client assets are actively managed

Are the bears in hibernation, or just napping? by Rathbones

The groundwork has been laid for a rapid recovery, but significant risks remain.

Truinvest makes double acquisition

Truinvest was set up in 2019 by co-founders Mark Smith and Micky Johal

EFG comments on business performance and announces changes to its Executive Committee

EFG International provides an update on its business performance and announces that Martin Freiermuth has been appointed Chief Operating Officer and a member of the Executive Committee, effective mid-August 2020.

Jupiter/Merian deal to complete this week

Jupiter has since pledged to keep the majority of Merian’s flagship strategies intact once the acquisition completes.

Wealth and Asset Management