07/02/2014
The wealth manager has revealed that it already has 15 ‘Isa millionaire’ clients, whose Isa pots have broken the magic million pound barrier. A further 40 have assets in ISAs of well over £750,000.
07/02/2014
Profits at private bank rise to £16.5m
The bank's return to robust health saw bad debts fall from £7m to £1m last year and enabled it to pay a £25m dividend to its taxpayer-owned parent.
07/02/2014
DeAWM in exclusive talks to outsource fund administration services to BNY Mellon, o
07/01/2014
Pomfret stood down as Rathbones chief executive in February after 10 years at the helm. Under his watch assets under management at the wealth firm rose from £5 billion to £22 billion.
07/01/2014
Standard Life Investments’ intention to acquire Ignis Asset Management was announced on 26th March 2014.
07/01/2014
Sweden’s SEB Wealth Management has moved up IPE’s global ranking of the 2014 Top 400 Asset Managers survey to take 69th place
07/01/2014
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.
07/01/2014
Group confirms ‘significant milestone’ as it buys up restricted advice network as part of chief executive Paul Feeney’s plan for company.
06/30/2014
Group’s fund administration business will now have two trading names for clients to choose from.
06/30/2014
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
06/30/2014
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.
06/30/2014
Sandell's letter noted that FirstGroup's CEO remuneration package has risen 209% over the past five years
06/30/2014
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.'
06/30/2014
Amicorp offers two distinct business models to private banks: firstly through strategic partnering and client on-boarding; and secondly via white labelled fiduciary solutions.
06/30/2014
David Aird, managing director of UK distribution at Investec, says distributors “want to come onto the asset manager’s turf”
06/30/2014
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.
06/30/2014
YOU are an investment adviser and manager for Outrageous Wealth Managers
Ethics tests for finance sector?
06/29/2014
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.
06/29/2014
The faster growth rates are in the independent financial adviser part of the business
06/29/2014
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.