Markets
News by: Danielle Levy
Wealth Manager: Brown Shipley's new director on his plan to take London
Brown Shipley's executive director on his plan to take the capital and life under new ownership
Rupert Robinson on Signia's five-year £5 billion asset target
Signia Wealth is hoping to enter a new growth phase by giving clients direct access to alternative asset classes.
Brown Shipley promotes duo for international and sports & media push
Brown Shipley has promoted two from its London team, as part of a drive to pick up new international, sports and media clients.
Barclays withdraws discretionary service for clients below £100,000
Barclays’ Wealth and Investment division will no longer offer discretionary management service for direct clients who have less than £100,000 in assets and clients of financial advisers below £250,000.
Shares the pros are buying and selling
A round-up of trades by professional investors in Charles Stanley (CAY.L), Kentz Corporation (KENZ.L), Rathbones Brothers (RAT.L), 1Spatial (SPA.L) and Sportech (SPO.L).
Wealth Manager: Thomas Miller - 'the profitability shift is generational and it's not coming back'
Meeting someone who is brutally honest about how the changing dynamics of their industry will force down profits is rare in financial services.
How concentrated are these six DFM buy lists?
We put six buy lists of the largest UK wealth management companies under the spotlight to see if consolidation, centralisation and model portfolios are leading to increased cross-over. With this in mind, can small funds make the cut?
How can DFMs avoid buy list concentration risk?
If consolidation in wealth management, centralisation and the growth of model portfolios are causing increased crossover in fund buy lists, will large funds only get larger?
How can firms adapt to a ‘new new normal’ as costs soar?
Firms face challenges to take out costs if profit margins are set to come under even more pressure, as research from BCG suggests.
IMA’s Godfrey: How the industry can tackle fund manager bonus proposals
The asset management industry must demonstrate a better alignment of interest between fund managers and clients to counter bonus cap proposals rather than simply labelling them unfair, according to IMA chief Daniel Godfrey.
IMA to establish industry-wide all-in cost calculation by year end
The Investment Management Association (IMA) is aiming to establish a methodology for an all-inclusive cost per underlying fund unit by the end of this year.
Barclays sees departures across regions
Barclays has seen departures from its Glasgow, Liverpool and Edinburgh offices, following a management shake-up.
The two big value traps Jeremy Lang fears
Ardevora fund manager Jeremy Lang talk value traps and explain why they sold out of miners in favour of housebuilders and construction stocks.
Newton's Pidcock: Turkey is a screaming buy
Citywire AAA-rated Newton Asian Income manager Jason Pidcock said 'guns and firing in the street' can present attractive buying opportunities.
Famous five: top UK equity trades over the last week
In a new feature we highlight the key trades made by top UK fund managers and investors over the last week, with the likes of Harry Nimmo and Anthony Cross & Julian Fosh featuring in our first edition.
Why this wealth boutique won't budge on pricing
Slashing prices and building a platform proposition to compete in the transparent RDR are not priorities for BRI Asset Management, according to chair Simon Boardman-Weston.
Towry’s Wilson cuts bonds as ‘overbought’ risk skews market
Towry’s head of investment Andrew Wilson is warning on the dangers of financial repression, likening the unintended consequences of pushing income-seeking investors along the risk curve to borrowing payday loans.
News sponsored by:
On Citywire today
Wealth Manager features
Citywire TV
Citywire Scotland: Andrew Lilico on the real problem in Europe
Andrew Lilico of European economics aimed to put to bed misconceptions about the problems in the continent as he took the stage at Citywire Scotland in Turnberry.
Sponsored: An uncompromising approach to income
In the current income environment, an understanding of the challenges and opportunities present is crucial to uncovering yield. Read more on this topic in the Income Opportunities supplement, in association with Lazard Asset Management.
Click here to read more.