15:46 | 19 Nov 2008
| By
Dylan Lobo
GAM is to launch a hedge fund for former Marshall Wace partner Mark Hawtin.
13:46 | 19 Nov 2008
| By
Sara Smith, Dylan Lobo
The difficult economic environment has forced Rathbones Unit Trust Management to cut numbers in its sales team, while Fidelity International is rumoured to be on the verge of laying off a number of people in its sales force.
13:38 | 19 Nov 2008
| By
David Campbell
Property fund and discretionary wealth manager Seven Dials is canvassing private client investors and advisers about the launch of a new UK bricks and mortar mandate.
13:32 | 19 Nov 2008
| By
David Campbell
The Scottish Investment trust has said it is to begin moving its portfolio from its defensive position into more cyclical and market sensitive stocks.
13:29 | 19 Nov 2008
| By
Charlie Parker
Brewin Dolphin is finally dropping the name of its Scottish division Bell Lawrie, which can trace its origins back to the 19th century.
12:22 | 19 Nov 2008
| By
Dylan Lobo
Collins Stewart says its wealth management business continues to be profitable despite a further sharp declines in revenues across the group.
10:58 | 19 Nov 2008
| By
Dylan Lobo
Ernst & Young private client head Ian Woodhouse has left the firm.
10:27 | 19 Nov 2008
| By
Dylan Lobo
Lloyds TSB private bank has handed Julius Baer a £300 million absolute return mandate.
13:37 | 18 Nov 2008
| By
Dylan Lobo
Former Unicorn chief exectutive Peter Webb has taken a 5% stake in AIM-listed financial services group DowGate Capital.
11:29 | 18 Nov 2008
| By
Sara Smith
The financial industry is entering a new era which will see the rise of the financial adviser coupled with the death of complicated vehicles, says Skandia Investment's Jamie MacLeod.
09:30 | 18 Nov 2008
| By
Daniel Grote
Audited reports for some of the funds behind the Cru Investment Portfolio have been filed to the Channel Islands Stock Exchange.
09:17 | 18 Nov 2008
| By
Dylan Lobo
Assets under management and profits at Charles Stanley have suffered in the difficult market conditions, but its private client division continues to stand firm.
08:51 | 18 Nov 2008
| By
Richard Harris
Mike Neumann returns to the company as investment management director, while Gordon Hull will assume responsibility for execution-only, advisory and business relationships as head of distribution.
08:01 | 18 Nov 2008
| By
Dylan Lobo
Private client asset managers must address the deficiencies in their client risk models exposed by the credit crisis or they could face legal action, warns wealth management solutions firm Odyssey Financial Technologies.
10:40 | 17 Nov 2008
| By
David Campbell
Mark Hall of the Rensburg UK Select Growth and UK Managers Focus funds has started building stakes in consumer facing stocks he expects will gain from global interest rate cuts.
10:12 | 17 Nov 2008
| By
Dylan Lobo
Barclays Wealth has strengthened its financial planning unit in north east Scotland with the hire of Bruce Hendry.
14:16 | 14 Nov 2008
| By
David Campbell
The Standard Life Equity Income trust saw its total assets fall almost a third over the year to the September 2008, falling from £145.7 million to £99.9 million.
11:47 | 14 Nov 2008
| By
David Campbell
Citywire AA-rated manager James Harries has torn up and replaced the investment criteria on his Newton Global Higher Income fund in order to widen his stock universe.
10:05 | 14 Nov 2008
| By
Dylan Lobo
Shares in RAB Capital surge 20% on its plans to close three funds in its retail operation as part of a widespread overhaul of its business which will see a significant reduction in its product range.
13:56 | 13 Nov 2008
| By
Dylan Lobo
Standard Life Wealth chief executive Richard Charnock (pictured) has hired 7IM's Sarah Mann to help grow the firm's London operation.
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