09/30/2020
M&G creates £28bn wealth management arm
Launch comes off the back of its acquisition of Ascentric
Wealth and Asset Management
09/30/2020
Coutts launches new podcast series to shed light on the meaning and purpose of wealth
The six-part series opens with a conversation with Sir Richard Stilgoe – the legendary songwriter, musician, and philanthropist.
09/30/2020
TMF Group announces acquisition
Key milestone in TMF Group’s drive to further grow its fund services business. Selectra’s expertise and service offering will complement TMF Group’s fund activities in Luxembourg.
09/30/2020
AFH Financial warns on performance amid slow recovery in wealth management business
The company said it expects full-year earnings before interest, taxes, depreciation, and amortization (EBITDA) to be 'slightly below its previous expectations.'
09/30/2020
Mirabaud Invests in French Gourmet Empire
Mirabaud is investing in the Monégasque chef's firm through its private equity vehicle, the wealth manager said in a statement on Wednesday.
09/30/2020
Schroders trust nears end of Woodford hangover
While some investments under performed, other bets paid off.
09/29/2020
Annual Financial Report - Close Brothers Group
The Annual Report will be sent to shareholders on or around 15 October 2020
09/29/2020
Barclays online banking crashes
Barclays said, “A small number of our customers are having problems logging in to their online banking and making payments on online banking and in the Barclays app.
09/29/2020
Tiny Jupiter UK Growth to wind up after admitting it’s too big a challenge for Buxton
Today they jumped 3.6%, or 6.25p, to 180.8p - narrowing their 12% discount to net asset value - after the board stated it was minded to liquidate what was left of the company and return shareholders their cash.
09/29/2020
Family Office Sector Consolidates as Schroders Acquires Sandaire
Schroders obtained Sandaire, for an undisclosed sum, as part of the group’s efforts to grow its stake in the UK’s ultra-high net worth community.
09/29/2020
Goldman Sachs Asset Management Announces Completion of Reorganization of Goldman Sachs MLP Income Opportunities Fund into Goldman Sachs MLP and Energy Renaissance Fund
Goldman Sachs MLP and Energy Renaissance Fund The Fund is a non-diversified, closed-end management investment company managed by GSAM’s Energy & Infrastructure Team
09/29/2020
UBS says you should buy gold now
Gold prices have shot to record highs this year — above $2,000 per ounce for the first time.
09/29/2020
Ogier advises on acquisition of stake in Advisa Group
Ogier provided initial structuring advice and assisted with the implementation of the transaction, including the drafting and review of the principal transaction agreements.
09/29/2020
Time flies by Rathbones
There’s so much going on that it can seem like nothing in isolation makes any difference.
09/29/2020
A feeling in my bones, move like a rolling stone
Investors can write some insurance instead, since insuring the downside in stock markets is still invitingly priced by options markets.
09/29/2020
WeekWatch by St. James’s Place
The government’s goal is to reduce its spending on job support schemes while also limiting damage to jobs and the economy.
09/29/2020
Citi to open its largest wealth hub globally in Singapore in December
The bank has 12 branches in Singapore, down from 14 at the start of this year.
09/28/2020
Banque de Luxembourg Integrates Marketaxess’ Axess IQ Order & Execution Workflow Solution
Axess IQ enhanced with MarketAxess’ automated trading capabilities
09/28/2020
Ocorian acquires Newgate Compliance
The deal, which was agreed on 22 September, is subject to regulatory approval.
09/28/2020
Whisky investment fund manager partners with InvestaX
Gaining exposure to such a regulated real asset investment is exceptionally rare, but InvestaX will work with Wave to make more accredited investors aware of the opportunity and risks.