05/15/2014
Bank of Nova Scotia looking for buyer for minority stake in wealth management firm
Bank of Nova Scotia is looking for a buyer for its $3.8-billion minority stake in wealth management firm CI Financial Corp.
Wealth and Asset Management
05/15/2014
Wealth and safety - Asset allocator with RBC Wealth Management
David McFadzean of RBC Wealth Management on favouring the long game
05/15/2014
Standard Life launches discretionary service on Wrap
Brewin Dolphin, Seven IM and Liontrust among discretionary providers to go live on platform in April
05/15/2014
Nedbank Private Wealth announces strong growth in new business
Another impressive performance from this multi-award winning business whose reputation as a bank focused on applying sound morals continues to grow.
05/14/2014
More than 50% of Asset Managers Plan to Focus on Fostering Consultant Relationships
Investment consultants are highly influential in the institutional market
05/14/2014
Pictet launches Diversified Alpha multi-strategy fund
The Diversified Alpha investment committee is chaired by Pictet head of total return equities Philippe de Weck
05/14/2014
Pimco outflows dent Allianz asset management earnings
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
Rathbones buys law firm as it continues hunt for opportunities
Our outlook remains optimistic with the impact of recent acquisitions expected to have a positive effect on earnings in 2015
05/14/2014
Why JP Morgan fund managers hunt down brave analysts
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 closes two small-cap funds
Legg Mason has shut two small-cap funds managed by its subsidiary Royce Associates.
05/14/2014
Positive quarter for Rathbone Brothers
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
Julius Baer says four-month assets rise, net new money on track
It cut roughly 100 staff in the first four months
05/14/2014
Oh no it's a 'Yes'! What wealth managers are telling Scottish clients
Not only will the political fallout from independence be immense, it could also have major financial implications
05/14/2014
Rothschild closes Five Arrows credit fund on €415m
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
HSBC says bonus for chairman capped at 1 million pounds
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.