01/07/2020
Wealth Management: Quarterly Letter – Why the long term?
Investors tend to be rewarded for their patience and staying invested
Wealth and Asset Management
01/07/2020
Investec accepts indemnity insurance on HNW remortgages
"we have recognised the demand from HNW clients for faster remortgages and we can now make use of a no search indemnity policy"
01/06/2020
'We need to celebrate wealth creation': Cred's Kunal Shah
Wealth creation is aspirational for Indians today. Our $5-trillion GDP aspiration will be tough to achieve without enabling business-creation opportunities: Cred's Kunal Shah
01/06/2020
Wealth management service increasingly popular in S. Korea
The number of South Koreans with financial assets of over 1 billion won (US$854,000) rose 4.4 percent on-year to 323,000 in 2018, and they held 54 percent of their total assets in real estate and 40 percent in financial assets
01/06/2020
National adviser gets private equity backing
The value of the investment was not disclosed, nor was the value of the stake that CBPE would take in the business.
01/06/2020
New company out to take fresh approach to financial planning
Two Aberdeen-based financial advisers have teamed up to launch a new business.
01/06/2020
Margarita Louis-Dreyfus' Credit Suisse Loan
Louis-Dreyfus pledged her controlling stake in the firm as security for the loan.
01/06/2020
Why HNW clients ‘absolutely need alternatives’
President and CEO of Richardson GMP on the firm’s approach to asset class and 2020 volatility
01/06/2020
Twenty Four Wealth Management joins LPL
“We encourage clients to run their finances like a business focused on three important cornerstones: their vision, values and goals."
01/03/2020
HSBC GAM plans ETF push in 2020
These will work across different functions, including product development, operations, sales specialists, capital markets, marketing and ETF strategists.
01/03/2020
2020 predictions for the wealth management industry
US asset managers have been on regular buying sprees to acquire European asset managers.
01/03/2020
Investors pull £4bn from Schroders funds
In the 2017 calendar year the company had net inflows of more than £9bn
01/03/2020
Ex-GAM CEO and head of investment solutions start new firm together
Hatheway stepped down as head of investment solutions in August 2019, with the bulk of his roles being divided up among members of the alternatives, private client and mixed asset teams.
01/02/2020
UBS to overhaul ultra-high net worth unit
The organisational changes are expected to eliminate some management layers, as a means of helping the bank function more efficiently when executing on transactions.
01/02/2020
Morningstar flags ‘significant risk’ in AMP advice strategy
Morningstar remains sceptical about embattled wealth manager AMP’s plans to turn around its financial advice business.
01/02/2020
Quilter completes £445m sale of assurance business
The proposal for the acquisition of ReAssure came after Swiss Re pulled June plans for its float on the London Stock Exchange and remained on the lookout to dispose of the business to better streamline its operations to continental Europe.
12/31/2019
UBS plans to restructure its unit catering to super rich
The revamp of global wealth management is expected to be incorporated in the bank's strategy update in January.
12/30/2019
Edinburgh boutique bank completes £30 million lending takeover
Hampden & Co says transfer of loan book from Smith & Williamson has attracted more business from wealth managers
12/29/2019
Bankers' pay surges at City's top boutique firms
Average pay at Rothschild was up 57pc to £316,000 for the year to December 2018.
12/27/2019
Banks Set for Biggest Job Cull Since 2015 as Morgan Stanley Cuts
Banks in Europe, which face the added burden of negative interest rates for years to come, account for almost 82% of the total.