Managers of Wealth

Cartier Parent Richemont Warns of Tough Months Ahead

Swiss companies have struggled in recent years due to the strong Swiss franc

Julius Baer increases managed assets

Moderate recovery in gross margin following improvement in client trading

Brewin Dolphin adjusted pre-tax profits fall

The underlying ability of the business to sustain organic growth, despite the poor market environment, is a reminder of the sound footings on which we are building our growth ambitions.

Hargreaves Lansdown bucks weak markets to see assets rise 2.6 percent

The firm, which is in the process of broadening out the range of financial services it provides, said total client numbers at end-April were 822,000, up 15 percent from a year earlier.

Investec Annual Profit Up But Assets Under Management Slip

The Specialist Banking arm reported results ahead of the previous year, Investec said, boosted by client activity in its corporate and private banking units and good results from its investment and debt securities portfolios.

Burberry Announces Overhaul After Profits Fall 10%

The fashion group said its pre-tax profits crashed 10% amid a "challenging environment for the luxury sector".

Investors dump wealth firms on Brewin numbers

At 12.45pm, shares in Brewin were down by 5.8%, or 16.1p, at 258.8p. Shares had been down by as much as 8% at one point.

Elevate assets hit £10.8bn ahead of Standard Life sale

This figure includes some pension assets held by execution only clients which are not included in the Standard Life deal.

AMP wealth management cashflows dive 39pc in Q1

There is a bright side for AMP, however, with the group foreseeing an uptick in demand for its services.

Credit Suisse Posts Smaller Loss Than Expected for First Quarter

Credit Suisse is seeking relief from post-crisis regulations requiring more capital to backstop riskier activities.

SS&C Technologies Reports Q1 2016 Results

Adjusted net income for the first quarter of 2016 was $75.4 million, up 43.0 percent compared to $52.7 million in 2015’s first quarter.

Nedbank's First-Quarter Income Rises as Banking Assets Grow

Performance was “in line with management’s expectations for the first three months of the year,” Mike Brown, chief executive officer of Nedbank.

Old Mutual Wealth boosted by 80% surge in Q1 inflows

The provider recorded inflows of £1.8bn, up from £1bn in Q1 2015.

Dukascopy Bank Hits Records in 2015, Stays Profitable for Third Year in a Row

The authors of the report note that 2014, when the operating income was CHF 27.1 million, had extraordinarily weak volatility, so the spectacular increase was partly caused by this condition.

Tilney’s assets rise to £11bn after Igenious acquisition

As result of the acquisition Tilney Bestinvest’s assets under management and administration will increase to more than £11bn, predominantly in managed portfolios.

Private banking revenue tumbles by 15pc, HSBC says

By contrast, current account and savings revenue increased, reflecting growth in customer deposits in Hong Kong and the UK, the bank explained.

BNP Paribas reports net profit growth

Thanks to the diversity of its geographies and of its business units, all focused on serving clients, BNP Paribas reported this quarter good revenues resilience despite a particularly unfavourable environment: interest rates still low, stock market crisis

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