Schroders reports 18 jump in Q3 profits
Schroders reported an 18% rise in profit before tax for the three months to 30 September, on the back of continued net inflows that outweighed the negative impact of a stronger sterling.
Wealth Management
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Fines weigh heavy on Credit Suisse earnings
Despite improved cost control and an increase in assets under management, the groups wealth management division saw earnings fall.
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Profits up as WH Ireland narrows focus
A move away from third-party administration and a continued reorganisation of the business has reaped rewards.
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Investec reports 4bn in combined full year inflows
Reporting a 6% jump in operating profit for the year to end March 2014, Investec said its wealth and investment business grow just over 30%.
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fca fines reach close to 500m in 2013
Since its introduction in April last year the FCA has been incredibly stringent on fining firms and then telling the world about it as a lesson to others.
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five clients you wish you had
From Saudi billionaires with a keen eye for spotting the next big investment, to up and coming musicians, we highlight five wealthy individuals from around the globe as the clients you wish you had!
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bloomberg quietly drops plan for wealth
Bloomberg, the New York-based, international supplier of financial news and data, has quietly stopped work on a project that would have seen it provide online investment advice to individuals.
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financial advisers most trusted wealth managers
Most HNW individuals trust financial advisers over all other types of wealth manager, according to a report published today by private bank and wealth manager Coutts.
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bcg report offshore wealth grew
Offshore wealth defined as assets booked in a country where the investor has no legal residence or domicile rose by 6.1% in 2012, with Western Europe the predominant source and Switzerland “the most popular destination”.
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london capital reports success with
London & Capital, the London-based wealth management firm, said a new division launched last year to cater for high-net-worth immigrants to the UK is off to an “impressive start”.
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reyl opens london office
Reyl & Co is opening a London office which will focus predominantly on wealth management, the Swiss bank has announced.
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tony shah leaves christchurch
Tony Shah has left Christchurch Investment Management to join OakTree Wealth Management in Henley-on-Thames where he will head a new international division.