08/07/2015
Exclusive: Banks back away from Paulson Advantage fund after poor 2014
The banks cited concerns about costs, plus bets on illiquid securities as reasons for their moves
Wealth and Asset Management
08/07/2015
Brewin withdraws managed service for sub-£150k clients
The move coincides with the recent launch of Brewin’s direct-to-client service,
08/07/2015
Heartwood switches all funds to unclassified sector
In common with a number of other risk managed multi-asset fund ranges, we believe the unclassified sector is currently the best available option.
08/07/2015
SJP and Rowan Dartington tie-up to drive UK and Asia expansion
Coxell said the firm was already performing strongly, opening three new branches, increasing its headcount by 40% and growing its assets under management to £1.1 billion in 2014.
08/06/2015
Profile: Vestra's private office boss on staying ahead of a growing field
The industry is increasingly moving towards offering high quality independent advice – with no sales – from people who are qualified and informed.
08/06/2015
Canaccord Genuity IHT portfolio added to Fusion Wealth
We had been looking to launch an AIM investing model for some time and we are delighted to be broadening our offering with Canaccord Genuity Wealth Management.
08/06/2015
Intrinsic eyes 220 Sesame advisers; Old Mutual spends £90m on platform
Old Mutual said it expected the number of restricted advisers in the network to reach 1,200 by the end of 2015.
08/06/2015
OMG explores 'synergies' as funds added to Quilter buylists
This is an important year for the wealth business and we are seeing significant transformation towards a vertically integrated wealth and asset management business
08/06/2015
St. James’s Place commits to SSP’s financial services technology with a new 5-year deal
The addition of SSP Adviser is an exciting next step as we look to build on our technology partnership and achieve our shared ambitions for growth
08/05/2015
Aberdeen acquires US fund of funds business
This acquisition is in line with Aberdeen's strategy to strengthen and grow its global alternatives platform encompassing multi-manager research and selection across hedge funds, private equity, and property along with direct investments in infrastru
08/05/2015
Exclusive: UBS was warned of Puerto Rico loan practices, e-mails show
A UBS AG branch manager in Puerto Rico warned bank officials that brokers for the firm had urged customers to engage in improper loan practices, more than two years before the bank made a US$5.2 million settlement over the matter with the island’s f
08/05/2015
Advisers Need to Take Full Stock of Clients
Advisers who have visibility over all of a client’s assets are in a better position to provide advice.
08/05/2015
IFA acquires wealth manager to create national group
Ascot Lloyd said that the move strengthens its position as one of the UK’s largest independent financial adviser firms
08/05/2015
St. James's Place seeks aspiring wealth advisers in Manchester
Successful applicants to the Academy undertake an intensive education
08/05/2015
UBS Wealth Team With $400 Million Starts Own Boutique With Help
The boutique is named for Las Olas Boulevard, the posh shopping street in Fort Lauderdale.
08/05/2015
RBS sells asset manager Cairn Capital to Mediobanca
The Italian bank wants to become a major international player in the asset management industry
08/04/2015
So, this is what Tom Hayes’ former assistant at UBS is doing now
Where are they all now? A brief trawl of the internet suggests most have sunk into welcome oblivion.
08/04/2015
BMO Private Bank sets out Asia expansion plans
BMO Private Bank's new Asia CEO has been given a remit to grow the size of the firm's regional assets.
08/04/2015
Top 10 trends in the Australian wealth management industry
Bravura Solutions’ Director, Product Management & Strategy, Darren Stevens identifies 10 major trends in the Australian wealth management industry and explores their implications for next generation platforms.
08/04/2015
Bestinvest founder launches high-end investment service
EQ Investors, the boutique wealth manager led by Bestinvest founder John Spiers, has launched an investment service for high-net-worth individuals, companies and charities with over £750,000 to invest.