News by: Danielle Levy
The US economy grew at an annual rate of 4% during the second quarter, bouncing back from a 2.1% decline in the first quarter.
Heartwood Investment Management saw record inflows over the first half of the year, particularly within its multi-asset fund range.
Towry has promoted four of its senior partners to executive partners.
(Update Jupiter’s pre-tax profit was down 18% during the first half of the year, as costs associated with the sale of its private client business and a £2.6m write down relating to Adria took their toll.
Barclays' pre-tax profit fell 7% fall to £3.3 billion over the six months to the end of June.
A US investor is suing Barclays alongside its current and former bosses over losses suffered in relation to its dark pool.
UK equity income funds attracted a record inflow of £1.4 billion in June, buoyed by star manager Neil Woodford's high profile fund launch.
St James’s Place has joined forces with the Loughborough School of Business and Economics to launch a level 7 Masters degree in wealth management.
BlackRock, Artemis and Miton have all sold down positions in the listed wealth managers.
Coutts’s recent warning to clients that it must check the suitability of portfolios pre-retail distribution review (RDR) serves as a stark reminder that the sector continues to grapple with this profound issue.
Hargreave Hale has added to its London team with the hire of Jeannette Cottrell from Bestinvest, where she worked as a senior investment adviser.
Charles Stanley posted paltry asset and revenue growth over the three months to the end of June, impacted by poor commission income.
Brewin Dolphin’s revenues took a tumble over the 12 months to the end of June, as its switch out of trail and move to a national rate card took its toll.
Assets of discretionary investment firms currently up for sale look overpriced, Ashcourt Rowan chief Jonathan Polin has warned.
Few can say they do not want to be made to feel special. Private banks know this all too well and have it as part of their resolve to attract wealthy, loyal clients. Here we look at some of the best perks they offer…
FCA chief Martin Wheatley has warned the banking sector to prepare for further action.
Almost two years since its launch, Nutmeg has never been stronger
We explore what the Revenue will look at next, as it gains direct access to bank accounts.
Barclays’ Edinburgh-based private banker Chris Cowan has resigned to join new Scottish private bank Hampden & Co, formerly known as Scoban.
The Scottish economy outpaced the UK's over the first quarter, powered by strong activity in manufacturing.
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