Managers of Wealth

Bellpenny pushes £3bn in assets after £300m IFA deal

Bellpenny’s 23rd acquisition will see Unizone’s financial planners and more than 20 support staff join the firm.

Banking on the nod from an elite club

At 1.30pm on the first Wednesday of this month, Stephen Lewis received the call he and a select bunch of his colleagues had been nervously awaiting for months

UBS Group Starts Trading as Switzerland’s Top Bank Reorganizes

UBS Group became the bank’s majority owner with over 90 percent of voting rights today after investors swapped their original UBS AG stock.

FCA: the three risks facing wealth management industry

The Financial Conduct Authority’s wealth head has highlighted three key risks facing the private client industry.

ARC launches Swiss franc private client indices

Independent investment consultancy Asset Risk Consultants has launched four Swiss franc denominated private client indices.

Saunderson House sponsors the Global Law Summit

It is supported by organisations including The Law Society of England and Wales, The Bar Council, ComBar, Ministry of Justice, TheCityUK and UKTI.

Switzerland's bank staff shun aid fund for U.S. tax case

Only a handful of staff at Swiss banks have drawn on a $2.6 million fund set up to help bankers and other employees who have fallen on hard times because of a U.S. crackdown on tax evasion through hidden offshore accounts.

New UK investor visa measures could damage investment

Earlier this month the Home Office doubled the minimum threshold for a UK investor visa to £2m

How are Africa's millionaires giving back to society?

The World Bank's World Wealth Report for 2014 revealed a 3.7 per cent rise in the number of wealthy individuals in Africa.

Diamonds are forever

Top reason for borrowing against wedding rocks includes to cover divorce settlement costs

Will foreign firms lead the next M&A wave in wealth management?

There has been no let-up in merger and acquisition activity in UK wealth management in 2014.

Family firms: Why heirs struggle to retain trust

The public often view family-owned firms as more trustworthy than their non family-owned peers, but this faith can wane when the firm passes from the founder's hands to the next generation.

Guide to private wealth in Asia by Herbert Smith Freehills

As before, the updated Guide owes much to the co-operation of a number of leading law firms who have contributed chapters on their respective jurisdictions. I would like to express my gratitude to them for their input.

ERI wins best in the "Transaction Processing" category at WealthBriefing Awards 2014 in the GCC

It is the 5th consecutive win for ERI in this category.

Corporate and fund services provider reports significant growth in its Luxembourg operations

The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.

Mercantile launches a Private Bank. For entrepreneurs only.

Mercantile Bank has just launched a Private Bank that holds its very own form of differentiation – offering private banking exclusively to entrepreneurs.

Signia Wealth's hedge fund assets breach £500m

They boosted the hedge fund team with the hire of Michael Rosenthal, global co-head of hedge fund Investment at Amundi Alternative Asset Management, back in March.

Schroders brings £4bn global multi-asset fund to UK

Schroders is opening its giant global multi-asset fund to UK investors to offer people a retirement solution in the radical overhaul of the pensions market.

Europe’s centuries-old private banks have seen better times

Europe’s economy might be growing much more slowly than its US and Asian counterparts, but it still has solid fundamentals of wealth

Tougher operating environment calls for a new business model

Every autumn, the sleepy lakeside settlement hosts the Private Banking Summit, where delegates seek safeguards for their threatened industry.

Wealth and Asset Management