05/14/2014
German insurer Allianz saw 21.7 billion euros in net investment outflows from its bond fund manager Pimco in the first quarter, hurting performance fees and contributing to a 28 percent decline in asset management operating profit.
05/14/2014
Our outlook remains optimistic with the impact of recent acquisitions expected to have a positive effect on earnings in 2015
05/14/2014
Herding is the reason analysts are unlikely to go out on a limb too far when it comes to earnings predictions
05/14/2014
Legg Mason has shut two small-cap funds managed by its subsidiary Royce Associates.
05/14/2014
Funds under management grew strongly in Rathbone Unit Trust Management
05/14/2014
Old Mutual poaches new FD from South African Nedbank
Group Finance Director Succession and appointment of Chief Operating Officer to the Board
05/14/2014
PwC & ING to launch new 'sporting family consulting service'
The shared expertise and philosophy that PwC and ING are offering will provide a fresh approach and we’re delighted that they’ve chosen Soccerex as the event to present it to the industry.
05/14/2014
Swiss private banking group cuts jobs
The bank said the acquisition contributed to a 4% increase in total assets under management in the first four months of this year, to 264 billion Swiss francs ($297 billion).
05/14/2014
It cut roughly 100 staff in the first four months
05/14/2014
Not only will the political fallout from independence be immense, it could also have major financial implications
05/14/2014
The fund adds to the series of debt vehicles to have closed successfully in recent months, on the back of strong investor demand for credit solutions.
05/14/2014
New consultancy company targets international wealth management industry
He has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.
05/14/2014
The monumental overhaul at Barclays means its wealth division has grown in significance
Will Barclays ultimately regret its sub-500k decision?
05/14/2014
Banking group HSBC Holdings Plc has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds and saying it would be a one off.
05/13/2014
SEI Wealth Platform Extends Strategic Partnership With Towry
SEI announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021.
05/13/2014
Advisers Scramble as Firms Trim Overseas Business
Ileana Platt was put in a bind when Barclays PLC announced plans to pull out of the Latin American market for wealth management services.
05/13/2014
Noah Holdings Tops Q1 EPS by 4c
Noah Holdings Limited is a leading wealth management service provider focusing on distributing wealth management products
05/13/2014
Wealthy property investors set to target less obvious city locations, report suggests
Melbourne, Tel Aviv and Chicago could outperform other prime property markets in top world cities in the next few years as global investors seek alternative locations, it is claimed.
05/13/2014
London brokerage sets up wealth management arm
London-based brokerage has launched a new wealth management arm.
05/13/2014
businesslife.co Wealth Edition now online!
Issue 32 of businesslife.co – the Wealth Edition 2014 – will be published later this week, but for those readers looking for a sneak preview, it is now available to view on the businesslife.co website.