Managers of Wealth

Succession Buys Scottish IFA For £2.5m

The consolidator has bought Hamilton-based Caledonia Financial Planning for a total consideration of £2.5m.

National IFA gets multi-million boost from Clydesdale Bank to fund acquisitions

The national advice firm acquired London-based PFP Group and Managed Wealth last year and now plans to continue growing.

HighTower adds Beverly Hills-based RIA with $500M in assets

Acquisition is fourth in RIA channel since last year and eighth overall in 2016

Wealth Taxes Make Swiss Cheese of Declared Wealth

Taxing wealth leads declared wealth to disappear, says a new study based on experience in Switzerland

Schroders launches first long/short Pan Asian equity fund on GAIA platform

The fund will be managed by the investment team at Indus Capital, led by Sheldon Kasowitz, CFA, Managing Partner and co-founder of Indus Capital.

COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016

This is a sharp decline from the US$ 126.7 directly invested in the first half of 2015.

Northern Trust expands mutual fund services for correspondent bank clients

By consolidating mutual fund processing, clients will have a single outlet for all asset reporting and settlement.

EFG Shows Clear Conviction For Scale

It might seem an under-statement to say that EFG International’s integration of the BSI business is coming at an especially challenging time.

TMF Group launches common reporting standard services

In 2017, a second group of countries will implement the CRS, with the exchange of information starting in 2018.

Bank Julius Baer says go for gold, bats big for India among EMs

Bank Julius Baer says go for gold, bats big for India among EMs Seventh pay commission, GST expectations, monsoon will push growth for the India, says Mark Matthews of Bank Julius Baer.

Temasek Assets Drop First Time in Seven Years on China Rout

As global growth has slowed and the markets have been whipsawed by volatility, Temasek is reshaping its portfolio and tempering expectations for future returns.

One of UK’s top wealth management firms aims to benefit from Brexit vote

The firm said it racked up a record number of new client wins.

Impax Asset Management Net Inflows Strong, Assets Under Management Up

In the quarter, Impax received net inflows of GBP112.0 million, primarily from investors in Europe and from an initial allocation from a new North American client.

Generational transition, technology and more open clients offer fresh niches for advisers in Asia, says UBP's Michael Blake

It recognises too that the industry is at something of an inflection point.

Wealth and Asset Management