Managers of Wealth

Deutsche Bank post loss in investment banking

The group reported a pre-tax loss of 1.15 billion euros for its investment banking business in the fourth quarter.

Brewin Dolphin reports solid growth in core income and funds despite challenging market conditions

Brewin Dolphin today issues the following Interim Management Statement for the first quarter of the financial year, ending 30 September 2016.

Aberdeen Asset Management reports AUM of £290.6 billion

We expect market conditions to remain difficult and this is likely to be reflected in flows for the remainder of the year. Against this backdrop, we remain committed to controlling costs and driving efficiency in our business.

RBS to make 2015 loss after taking £2.5 billion profit hit from charges and Coutts write-down

The Treasury sold a 5.4% stake in RBS last August at a loss.

Brooks Macdonald delivers robust performance in difficult market

In the half year to December 31, a period of intense volatility on the capital markets, the company’s discretionary funds grew by 5.52%.

SS&C GlobeOp: Forward Redemption Indicator Drops to 2.31% In January

Decreases in the indicator generally reflect increasing confidence in hedge fund allocations, while increases suggest the opposite.

Wealth management group reports Q4 net inflows of 1.63 bln stg

Fourth quarter new business inflows and funds under management update

Raymond James Misses Estimates, Despite Strong Recruiting

Quarterly net revenues of $1.27 billion and quarterly net income of $106.3 million, or $0.73 per diluted share

Berenberg’s profits up as investors seek currency hedging

The bank is hoping to replicate its success in Europe with the opening of an office in New York last year

Northern Trust AUM falls 6% for year

Investment management fees were $85.6 million in the fourth quarter, up 4% from the previous quarter and 10% from the year-over-year quarter.

Berenberg profits rise as investments in expansion pays off

Income from Berenberg’s investment banking division grew by almost 50 per cent with the majority of investment banking revenue coming from its secondary research business.

Charles Stanley sees asset fall despite increased inflows

Charles Stanley also reported total revenues for the full year were 1.8 per cent lower at £107.2m compared with the previous year’s figure of £109.2m.

Deutsche Bank Warns Litigation Charges to Spur Quarterly Loss

German bank, which has faced a raft of regulatory issues, also points to restructuring and severance costs

BlackRock profit weaker than expected but clients still add cash

BlackRock experienced total long-term net flows of $53.87 billion in the three months ended Dec. 31

Richemont Q3 sales down on weak Europe trading

Net profit for the year will benefit on a comparative basis from the non-cash gain of some € 620 million announced in October 2015 relating to the merger of The NET-A-PORTER GROUP with YOOX Group.

Jupiter Fund Management Sees Assets Rise While Ashmore Group's Fall

The period marks the fourth quarter of the equity and multi-manager product investment manager's financial year.

What crisis? JPMorgan Chase reports $5.4 billion profit

Finally some good news for the market: Banking powerhouse JPMorgan Chase reported revenue and earnings for the fourth quarter that topped Wall Street's expectations.

Liontrust Asset Management Boosted By UK Retail Funds

The increase was driven by Liontrust's UK retail business

RBC Global Asset Management announces December sales results for RBC funds and PH&N funds

Sales results information is based on preliminary data from the Investment Funds Institute of Canada.

Credit Suisse Posts Restated Results Reflecting New Structure

Zurich-based bank said results reflect six units based on geography and business type

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