09/30/2020
Schroders trust nears end of Woodford hangover
While some investments under performed, other bets paid off.
Wealth and Asset Management
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.
09/28/2020
Julius Baer Weighs Opening U.S. Business, Buying LatAm Firms
Sanchez has previously said the bank ranks roughly sixth or seventh among international private banks in the region.
09/28/2020
RBC takes £9m stake in Brooks Macdonald
According to stock market filings, RBC bought a 3.1% stake on 23 September when the stock was trading at an average price of £18.10.
09/28/2020
What families can teach wealth managers
An unprecedented global threat, the coronavirus looks set to change the way we think, work and live -- not only in the short term but also in the long term.
09/27/2020
HSBC struggles to escape as the dragon and the eagle bare claws
Though the list itself is yet to be published, speculation is mounting that HSBC, a big player in the dollar clearing market, could be on it.
09/27/2020
10 private islands you can buy for the price of a high end London home
So far this year, there have been some 362 transactions across the capital for £3m or more and high-end homebuyers have paid an average of £4,975,462 to get on the top tier of the London property ladder.