Economic stagnation biggest risk for UAE expats
Old Mutual International and Quilter Cheviot’s survey assessed the views of those with $50,000 to invest
Quilter Cheviot
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Quilter’s DFM closes Tier 1 investment offering to new clients
The discretionary fund manager will continue to offer the service to existing customers
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PEOPLE MOVES: Cigna, River & Mercantile, Quilter Cheviot
Cigna has named a chief executive for Europe, while Rivers and Mercantile parted ways with a lead manager over conduct issues and Quilter Cheviot added three to its investment team.
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Quilter Cheviot unveils Aim strategy
Quilter Cheviot has launched a strategy investing in the alternative investment market (Aim), targeted at UK-based high net worth investors.
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Old Mutual Wealth to restructure and adopt Quilter branding
Old Mutual Wealth will operate as Quilter plc, with the international arm based on the Isle of Man becoming Quilter International, once the managed separation of Old Mutual is completed in 2018.
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Intrinsic helps double OMW’s client flows
Strong cash flows and a solid performance saw Old Mutual Wealth’s (OMW) funds under management rise 14%, year to date, with the firm’s net cash flow soaring 92% on the back of a strong performance by Intrinsic.
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Six expert UK budget predictions
Experts from Old Mutual Wealth and Quilter Cheviot give their budget predictions ahead of 22 November.
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PEOPLE MOVES: Generali, Zurich, Manulife
Generali has named a replacement for the outgoing head of investments at its asset management division. Meanwhile, the chief executive of Zurich North America is to depart and Manulife has appointed a president and chief executive for Asia.
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Intelligent Money launches platform for inactive IFA clients
Investment manager and Sipp provider Intelligent Money has launched a white-labelled investment tool that allows advisers to offer a low-cost proposition to inactive clients they no longer serve face-to-face.
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PEOPLE MOVES: Standard Life Aberdeen, Aviva Investors, HSBC
Investment giant Standard Life Aberdeen has hired a director for its onshore China business, while HSBC Private Banking has appointed a head of funds and Etfs and Aviva Investors has added a head of multi-asset products.
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PEOPLE MOVES: Quilter Cheviot, CBA, Stonehage Fleming
Australia’s largest bank is to lose its chief executive at the end of the next fiscal year, stirring speculation the move might be linked to a money laundering scandal. While, Quilter Cheviot promotes the deputy head of its Birmingham office to the branch’s top spot.
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Couple win fight against wealth firm over £200k fund transfers
The UK’s Financial Ombudsman Service has upheld a complaint about the unsuitable transfer of investments worth around £200,000 ($260,869, €221,431) made against Attivo Financial Services.