Managers of Wealth

Sky is the limit for Arbuthnot

Arbuthnot Latham’s senior staff undertook a skydive from a plane at Chiltern Park Aerodrome, Oxfordshire to help raise £20,000 for the children’s literacy charity, Beanstalk.

Investec scoops £3.6bn in three months

Wealth & Investment reported strong growth in operating profit.

BNP Paribas posts record loss after US fine

The Group has a rock-solid balance sheet with high solvency and significant liquidity reserves. Serving the needs of clients all over the world, the Group plays an active role in financing the economy and is preparing the bank for the future.”

Wealth advisory firm buys investment advisor

Financial terms of the deal were not released Tuesday.

Labuan IBFC introduces Islamic wealth management

“This has somehow create an awareness among the foreign investors to do so as they are convinced with the Islamic version to secure their properties,” he told Bernama in an interview recently.

Barclays sees profits fall 10%

Barclays' six monthly pre-tax profits have fallen after investment bank revenue fell.

Vontobel first-half net profit falls by less than expected

Net new money at the Zurich-based firm for the first half of the year was zero, as modest gains at its private bank were cancelled out by outflows at Vontobel's asset management arm.

Heartwood breaches £2bn asset landmark

Heartwood’s client base has grown across its private client, charity and intermediary divisions, with total inflows of over £600 million over the past 12 months. New business was generated primarily through referrals.

Bedell supports world class musicians

World class international musicians are in Jersey this week to perform along with some of the world’s leading music college students as part of the Jersey International Masterclasses.

Leading firm of independent wealth managers joins MCA

As the chosen partner of over 18,500 global clients, both large and small, Deltek's industry expertise and purpose-built solutions enable consulting firms to optimise their business processes and be competitive in today's global market.

Lord Rothschild awarded J. Paul Getty Prize

The Getty Foundation has announced that the 2014 edition of the J.Paul Getty Prize for achievements in philanthropy and conservation, is to go to Lord Jacob Rothschild.

UBS Net Rises 15%; Bank Settles German Tax Investigation

At the start of the third quarter of 2014, many of the underlying challenges and geopolitical issues that we have previously highlighted remain

Deutsche Bank Posts Fall in Second-Quarter Profit

Income before income taxes (IBIT) of EUR 917 million, an increase of 16% from 2Q2013

Asian wealthy warm to discretionary portfolios

Discretionary portfolio management is starting to gain traction, but finding and retaining investment staff to do it is tricky, say private banking heads in Southeast Asia.

Newedge embarks on prime broking expansion drive

Agency broker Newedge is developing its stock-lending and equities execution capabilities following its acquisition by Société Générale this year and a global restructuring in 2012.

St. James’s Place reports FUM up 19%

Funds under management of £47.6 billion (2013: £39.9 billion) - up 19% over the twelve months and 7% since the start of the year

UBS says cooperating with U.S. inquiries about dark pools

Credit Suisse, one of the biggest players in dark pools, said last week the bank was working with regulators to stamp out potential abuses in the alternative trading venue.

SJP launches level seven masters in wealth management

Entering an exclusive partnership with such a prestigious institution as Loughborough School of Business and Economics will give our community further opportunities to be champions of high quality advice and expertise

Succession acquires Wealth Managemer in £5m deal

It pays a multiple of recurring revenues including an increased rate on revenues through Succession’s own white-label platform.

Odey Asset Management makes Swiss push

Odey, which manages approximately $12.3bn of assets, is one of few London-based hedge funds to have expanded into Switzerland since analysts predicted a big wave of departures from the UK in 2010.

Wealth and Asset Management