04/21/2020
Quilter reports positive Q1 net flows
Approximately 98% of Quilter’s staff are now working remotely including over 200 contact centre-based colleagues servicing its UK and International platforms.
Wealth and Asset Management
04/21/2020
Ocorian boosts funds offering with acquisition
This strategically important acquisition adds depth and breadth to our funds business
04/21/2020
Schroders Personal Wealth launches 11 offices
Schroders Personal Wealth, which is owned 50.1 per cent by Lloyds and 49.9 per cent by Schroders, requires its clients to have a minimum investable assets of £100,000 before taking them on.
04/21/2020
Fees waived and frozen
Warning of "particular disruption in the mortgage market" the network is also paying the licence costs of Intelligent Office for any mortgage adviser who is furloughed during the lockdown period.
04/20/2020
Sanlam’s Penny Lovell: My mum got me hooked on investing through Ceefax
Sanlam Private Wealth boss on being ‘gender blind’ as investment industry’s pay gap thrust in the spotlight
04/20/2020
WH Ireland in talks to buy Cantor Fitzgerald's London corporate finance arm
Such discussions are preliminary, require certain third party consents
04/20/2020
Weekly View - No victory yet
The CIO’s view of the week ahead.
04/20/2020
Quilter network defers fees amid Covid-19 lockdown
The professional body warned advisers needed assistance at a time when "demand for their help has never been greater, yet pressure on their own resources are stretched".
04/20/2020
UBS, Credit Suisse Head Into Uncharted Waters
For the two, the only clarity for the rest of 2020 is that nothing is clear: the length of the coronavirus pandemic is unknown, as well as the economic and financial fallout.
04/19/2020
Finding Africa’s path
The number of recorded COVID-19 cases in Africa, at about 15,000 on April 14, is still relatively small, but it is growing fast.
04/19/2020
Billions lost in structured notes
A popular investment among Asia's wealthy in the years of rock-bottom interest rates has been upended in the recent market rout, leaving investors facing losses estimated to be in the billions of dollars. Structured products called fixed coupon note
04/19/2020
Significant rise in clients in Latin America requesting succession planning, reports ZEDRA
While not linked directly to the Covid-19 outbreak, Zedra believes the publicity surrounding the pandemic has acted as a catalyst, prompting clients to review how their estates will be managed.
04/17/2020
Registered Investment Advisor Channel Growth Soars
All these outcomes enhance the client experience and allow RIAs to provide more holistic services.
04/17/2020
Raiffeisen Pays «Golden Hellos»
Chairman Guy Lachapelle took home 750,000 francs. Raiffeisen's board, which is comprised of ten directors, was paid a total of 2 millionen francs; Lachappelle abolished attendance fees for directors, which had totalled 709,000 francs in 2018.
04/17/2020
Winning gold
Gold divides opinion. But while its role is open to question in normal times in extreme market conditions it's a good safe haven.
04/17/2020
UBS's billionaire clients keen on turnaround opportunities
The transactions and new opportunities range from refinancing existing debt to addressing margin calls, as well as finding investing opportunities.
04/17/2020
Acquisitions boost London wealth management firm's income by nearly £10m
Not surprisingly, the rapid spread of COVID-19 and the unprecedented reaction of the global markets, has negatively impacted the value of our clients’ funds and consequently our second quarter total income.
04/17/2020
Pandemic Dents Morgan Stanley Wealth Management’s Numbers
Morgan Stanley Wealth Management saw $18.4 billion of net flows into fee-based accounts, up 24% from the net inflows recorded a year earlier.
04/16/2020
AMP wealth earnings tipped to plunge
AMP’s Australian wealth business recorded $6.3 billion of cash outflows in 2019 full year, slugging the division’s profit which had fallen by 49.9 per cent year-on-year.
04/16/2020
Deutsche Bank Wealth Management launches new strategic asset allocation ETF-based funds
The launch is in response to demand from clients for simple, cost-effective, long-term investment portfolios designed to address the challenges of unstable market cycles.