Managers of Wealth

Ashcourt Rowan completes UKWM acquisition

This increases its nationwide footprint to 17 offices and its assets to over GBP5 billion, of which GBP2.2 billion is discretionary and managed.

Wealth manager swoops on London-based IFA firm

A wealth management firm in Cheltenham has sealed a deal to buy a London-based independent financial advisory firm.

Liontrust assets rise but net inflows down on previous year

Group reports assets of £3.6bn but net inflows into business lower than last financial year; targets Europe with four Dublin-based funds.

Ex-ABN Banker, Wife, Daughter Found Dead at Home

Former ABN Amro Group NV Netherlands Chief Executive Officer, his wife and a daughter were found dead at their home yesterday after a possible “family tragedy”

The Connection Between Technology and Profit in Wealth Management

Unrelenting competition, regulatory flux and increasing client expectations in the wealth management space are forcing wealth managers and independent advisors to develop new plans for attaining growth.

Workplace pensions "a total no-brainer"

The changes in pensions legislation, which were announced by Chancellor George Osborne in the recent Budget

Direct Lending Takes Off in Europe

U.S. Investment Firms Offer Funds to Companies as Continent's Lenders Pull Back

Switzerland’s third-largest wealth manager Seeks Deals to Tap Latin American Millionaires

Switzerland’s third-largest wealth manager, is searching for deals in Latin America where millionaires are increasingly banking onshore.

Vestra targets northern team hire and Dublin for expansion

Vestra is looking to recruit a team of private client managers in the north of England or the Midlands and has longer-term plans to open an office in Dublin.

Rothschild edges closer to assets under management target

Edmond de Rothschild said it had increased its assets under management and operating profit last year

DBS-SG deal could spark trend: Scorpio

DBS’s purchase of Société Générale’s Asia private banking business could presage similar east-west tie-ups, says consultancy Scorpio Partnership.

Invesco Perpetual loses contract to manage St James's Place funds

Star investor Neil Woodford will take three mandates with combined assets of £3.65 billion to Oakley Capital Management

Hampden lends backing to new private bank

The veteran banker, who had sought a major investor to lend a suitably Scottish name to his Scoban venture, has attracted insurance and financial services group Hampden, the largest priv-ate capital adviser at Lloyds.

Winners Of WealthBriefing Switzerland & Liechtenstein Awards 2014

Luminaries from the private wealth management industry honoured outstanding practitioners last night at the inaugural Switzerland & Liechtenstein WealthBriefing awards, held in Geneva.

Wealth firm raises £1.6m to fuel acquisition spree

The financial advisory and discretionary wealth firm told the market it had received commitments to subscribe for a total 1,157,854 shares of 10p in the company at a price of 140p per share.

Charles Stanley defence shows clash at Brewin Leicester arm with head office

The six quit Brewin last March to join Charles Stanley and launched a Leicester office for the company.

Barclays hit with departures of international advisers

Brokers with international clients have been moving to competitors in recent months as Barclays curtails its international business

Credit Suisse CEO Gets Big Pay Hike

The chief executive of Credit Suisse Group AG received a 26% increase in total pay for 2013, a year in which the Swiss lender's profit rose sharply as it streamlined operations.

Credit Suisse doubles its litigation provisions

Credit Suisse’s preliminary results for 2013 were updated to reflect an additional after-tax charge of CHF 468 million, primarily due to an increase in the litigation provision relating to the ongoing United States Department of Justice (DOJ) invest

Canada's super-rich increase their share of country's wealth

Canada's 86 richest families and individuals own as much as poorest 11.4 million

Wealth and Asset Management