08/01/2016
Top ten reads for the summer holidays by Penny Lovell
‘A Room without books is like a body without a soul’ Marcus Tullius Cicero
Wealth and Asset Management
08/01/2016
The Nasty Virus of Negative Interest Rates by Justin Urquhart Stewart
It has been like watching a virus spread or a creeping infestation, and now it has finally reached our shores in the UK. No…it is not the bubonic plague…
08/01/2016
Brexit visa promises for City fund staff
UK asset managers pledge to pay for visas for EU employees based in London
08/01/2016
Wealth managers face slowdown in assets under management
The growth of assets under management is likely to fall behind what wealth managers collectively assume in their business cases
08/01/2016
Nedbank Heads for Eight-Month High on Surprise Profit Increase
The lender and its peers are struggling against a South African economy heading toward a recession and a potential credit-rating downgrade of the country’s debt to junk by the end of the year.
08/01/2016
DeVere poll suggests HNWIs now look to reduce exposure to UK risk
The more diversified the investment portfolio, encompassing a global focus, the greater the reduction of risk.
08/01/2016
Why I've bought more shares in the UK house builders after Brexit, by investor of £2 billion
And if you believe that the fundamentals are good, it’s not without risk, but there is a lot of money to be made.
08/01/2016
Credit Suisse's Francesco de Ferrari calls out commission conflicts
Credit Suisse uses a salary and bonus model in its private banking and wealth operations.
08/01/2016
AMP, Japanese vie for ANZ’s $6bn wealth management arm
Swiss investment bank UBS advised AMP on its Axa transaction six years ago.
08/01/2016
2016 Wealth Management Trends
The fundamental shifts faced by wealth managers can be best described as two revolutions, one loud and the other quiet.
08/01/2016
UAE expats rake in serious wealth
Individuals in the affluent segment are third in rank in the hierarchy of wealth holders.
08/01/2016
Former Barclays executive launches family office
New wealth manager Saranac boasts host of executives from world’s financial giants
08/01/2016
European Wealth unveils director changes
He joined European Wealth as part of the acquisition of Aventus in 2011.
08/01/2016
Wealth managers missing ‘significant’ opportunity: Verdict Financial
The research showed that 78 per cent of consumers with investments log into their social media profiles on a daily basis
08/01/2016
Smaller wealth management firms at risk as M&A deals reach eight-year high
There were 124 M&A deals between wealth management firms in 2015, a fresh high during the eight years of tracking by Scorpio Partnership.
08/01/2016
UBS America's Wealth Unit Profits Up 18%
The company attributes the increase in profit at Wealth Management Americas’ division to lower operating expenses and record net interest.
08/01/2016
Ex-Investec W&I multi-asset duo launch boutique
Laurence Boyle says the firm will run the same proposition as he did at Investec
08/01/2016
Wealthy investors reducing UK exposure post Brexit
Most high net worth individuals are looking to reduce their exposure to UK-based assets in the wake of the country’s vote to leave the European Union, according to deVere Group.
08/01/2016
Tilney Bestinvest completes Towry acquisition
It was previously revealed that following the completion of the transaction, Towry chief executive Rob Devey would leave the business.
08/01/2016
Compliance pay boom: how wealth managers are coping
The boom in compliance remuneration took hold after the financial crisis and now looks likely to accelerate following the Brexit vote.