07/27/2015
National wealth manager Bellpenny has acquired the client bases and associated £157m of funds under management of Bob Bradley and Nick Bird, the two shareholders and financial planners at Croydon-based Trustee Asset Management.
07/27/2015
Bank’s plan is to follow up sale of wealth management business with that of its retail and corporate portfolio in India, says a top executive of RBS India
07/24/2015
A predicted rise of investment in alternative assets is expected to offer significant opportunities for Guernsey as a premier location for alternative asset funds and fund managers, in the coming years.
07/24/2015
The NAB compensation follows an independent review by PricewaterhouseCoopers at the request of the Australian Securities & Investments Commission.
07/24/2015
Close Brothers Group today issues its scheduled pre-close trading update ahead of its 2015 financial year end.
07/24/2015
So, what must wealth managers do?
07/24/2015
There’s a higher than average amount of space under offer in Mayfair and St James’s and a large proportion of that is from hedge funds and private equity firms
07/24/2015
Old Mutual International has launched a new online service with the aim of boosting its trust proposition by pointing advisers towards the most suitable trust for their customer’s circumstances.
07/24/2015
It agreed to buy German bank Hauck & Aufhaeuser Privatbankiers earlier in July. It also owns French-based holiday company Club Mediterranee and has a stake in Britain's Thomas Cook.
07/23/2015
It is the opportunity to service retail and wealthy clients in Asia that has fired banks’ ambitions
07/23/2015
Wealth management group IOOF has let go 33 out of 48 financial planners it acquired in 2012 as part of its purchase of the My Adviser and Plan B businesses, according to trade publication Independent Financial Adviser.
07/23/2015
The BNP Paribas unit is aiming for a September launch
07/23/2015
Some kind of impact investment proposition has become de rigueur for big banks and financial services providers, but a gap has remained between talk and action.
07/23/2015
What are the requirements when a family wants to setup a family office in Jersey?
07/23/2015
A capital issue would be dilutive, and we would expect the bank’s share price to fall initially
07/23/2015
Promoters sitting on huge cash after selling off their businesses are also directly taking charge of their Family Office to make investments
07/22/2015
Private banks have recently struggled to reduce compensation and compliance costs
07/22/2015
Islamic wealth management is going to become be the “new frontier” for the global Islamic finance industry as a growing number of Islamic high-net worth individuals keeps looking for Shariah-compliant types of investment.
07/22/2015
But angry expats who have spent years as loyal customers of the bank say they feel betrayed. Many say they have been told they must have a UK-based account to receive their British state pension.
07/22/2015
Citywire + rated Eleanor Taylor Jolidon, who runs the Swiss equity fund, is the lead manager of the new fund