Outsourcing 101: a provider's perspective 08/10/2015 Although still in its infancy and a topic of continued debate, outsourcing is now a reality for half of wealth management firms. As uptake looks set to continue, prospective clients should consider what they can do appeal to providers.
Barclays UK philanthropy head sets out vision for guiding donors 07/10/2015 Wealthy individuals have indicated they want to engage in philanthropic endeavours, but many are confused about the complex processes behind effective giving, and need the guidance of their private bank, according to Emma Turner, head of UK philanthropy at Barclays.
Keeping it in the family for Sir John Beckwith 06/10/2015 Sir John Beckwith, one of the UK’s richest individuals, is a serial launcher of new real estate and asset management companies. Liontrust Asset Management, Thames River Capital and River and Mercantile Group are just three of the investment management firms he has backed from launch.
A changing revenue mix helps boost Smith and Williamson 05/10/2015 Founded in Glasgow in 1881 London-based Smith and Williamson provides further evidence of the heterogeneous nature of the UK wealth management market and the difficulty of making inter-firm comparisons. For Smith and Williamson encapsulates accountancy, tax and business services as well as investment and banking, a range of functions that makes it unique within the UK market.
Old Mutual's Quilter Cheviot purchase in historical perspective 02/10/2015 Reporting Quilter Cheviot’s 2014 results may, at first sight, appear slightly bizarre. After all the London-based discretionary asset management firm is now a wholly-owned subsidiary of Old Mutual, the Anglo South African financial services group and featured in the latter’s interim results delivered back in August. For the record Quilter Cheviot reported a pre-tax profits of £17 million and assets under management of £17.3 billion.
Raymond James duo: how to unite financial planning with investment management 01/10/2015 With the hope of bringing the benefits of investment management and financial planning under one roof, investment managers Mark Parello and Matt Singleton left WH Ireland to set up their own branch with Raymond James. The Manchester-based branch hopes to attract £30 million worth of assets for the first business year.
Emerging market debt – where are the opportunities 29/09/2015 For those looking for opportunities amid the wreckage of recent volatility, emerging market debt might stand out. Emerging markets – and emerging market currencies in particular - have been a notable victim of concerns over China. Has the baby been thrown out with the bath water in emerging market debt? And, if so, where are the opportunities?