Australia’s biggest specialist wealth management company, AMP, has posted a 33% rise in net profits for the six months to 30 June due to solid growth in its core domestic business and a big contribution from its Chinese joint venture.
Wealth management and financial advice firms have been snapping up their peers at some rate in the post RDR world, but in recent months this has been kicked up a gear.
Brooks MacDonald has appointed Andrew Shepherd to the newly created role of deputy chief executive.
Independent fund management company Neptune Investment Management has appointed a head of Switzerland as it looks to grow its business in the country.
As with markets, so with cricket. After the variable bounce infused contest that saw Australia comprehensively beaten in Cardiff, the second test had started much more poorly for England on a road of a pitch at Lords – an indication of just how quickly things can change.
Charles Stanley’s recently approved strategy to focus with laser-like precision on wealth management is based on three things, says CEO Paul Abberley.
Standard Life has decided to call its new UK-wide financial planning business 1825 to evoke the investment and savings company’s long heritage.
Global flows into exchange-traded funds may be steadily rising, but ETF usage is lagging among wealthy clients in Asia, according to Roger Bacon, Asia-Pacific head of managed investments at Citi Private Bank.
Digital disruption is upending the wealth management industry and it could also have an impact on the product manufacturing process, according to Cerulli Associates.
Barclays shares have climbed 3% following the sacking of chief executive Antony Jenkins.
The number of investors looking for help from wealth management firms has soared as the situation in Greece sparks greater market volatility.
Lloyds Bank has announced an expansion of its London Expat Service to tap to the growing number of high net worth individuals moving into the UK.
