Managers of Wealth

Standard Life Investments confirms £390m Ignis takeover

Standard Life Investments’ intention to acquire Ignis Asset Management was announced on 26th March 2014.

IPE Top 400: SEB Wealth Management takes top spot in Nordic region

Sweden’s SEB Wealth Management has moved up IPE’s global ranking of the 2014 Top 400 Asset Managers survey to take 69th place

Property fund inflows hit 2009 peak

Investors continued to pour money into equity funds at a rapid pace in May despite peaky looking valuations, with £588 million of net new money committed.

Old Mutual Wealth completes Intrinsic buyout

Group confirms ‘significant milestone’ as it buys up restricted advice network as part of chief executive Paul Feeney’s plan for company.

Smith & Williamson launches new ‘SVS’ trading name

Group’s fund administration business will now have two trading names for clients to choose from.

Swiss private banking group raises $530 million to invest in Africa

The fund, which will focus on making deals in Africa, will be managed by Amethis Finance

Shy wealth firms overlook most basic way to win clients

The Futurewealth Report 2014, composed by SEI, Scorpio Partnership and NPG Wealth Management, revealed advisers doubled their chances of receiving a referral by simply asking for one.

FirstGroup Hit By Investor Backlash Over Remuneration Report

Sandell's letter noted that FirstGroup's CEO remuneration package has risen 209% over the past five years

Aberdeen loses to ‘smart’ Schroders in Nutmeg deal

In a statement following the deal, Schroders executive vice chairman Massimo Tosato, who will take a seat on the Nutmeg board, said: ‘We are delighted to participate in funding Nutmeg’s next stage of growth.'

The growth of ‘on-boarding’ and ‘white-labelling’ in the fiduciary services sector

Amicorp offers two distinct business models to private banks: firstly through strategic partnering and client on-boarding; and secondly via white labelled fiduciary solutions.

Deloitte reveals 20 providers to offer sub-set accounts

David Aird, managing director of UK distribution at Investec, says distributors “want to come onto the asset manager’s turf”

Jersey represented with keynote speaker and panellist at leading international banking forum

Jersey is taking part in the International Festival of Business 2014 in Liverpool this week with two representatives speaking in the fifth International Banking and Finance Forum.

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Ethics tests for finance sector?

Web wealth manager Nick Hungerford expects race for business

The former wealth manager for blue-chip clients had the idea for the business, which will launch a pensions product in the autumn, after friends asked him to manage their finances.

Wealth advisers on a roll, indies fastest

The faster growth rates are in the independent financial adviser part of the business

Impact investing on the cusp of mainstream wealth management

The significance of investment directed at achieving impact is growing, as is the willingness to engage in it beyond the traditional confines of corporate philanthropy.

Heritage buildings in Singapore given new lease of life

More banks and financial institutions in Singapore are using heritage buildings as a training ground for employees in the Asia Pacific region.

Furious IFAs accuse Aegon of ‘poaching’ customers

PENSIONS company Aegon has been accused of attempting to “poach” clients from independent financial advisers without informing them.

Inquiry has Macquarie Private Wealth in its sights

The report also reveals that ASIC senior executive leader for financial adviser Joanna Bird believed that Macquarie Private Wealth had "systemic failings of compliance and it had a poor compliance culture."

Albanian Private Bank CEO Shot Dead Outside Office

He had been CEO and director-general of the 11-year-old Banka Credins

Wealth and Asset Management