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Corporate Strategy
 
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Withers and Speechly Bircham call off merger talks 23/05/2013
Leading law firms Withers and Speechly Bircham have said that merger talks that were first announced in March this year have been called off after both firms agreed that a merger would not be advantageous for either party.

Farrer makes private client leadership changes 23/05/2013
Jim Edmondson is moving from his role as partner and head of Farrer & Co’s private client department to become a full time consultant to the firm continuing his client facing role as part of a partial restructuring of the management of the department.

Ashcourt Rowan strikes outsourcing deal with TD Wealth 21/05/2013
Ashcourt Rowan Asset Management is to outsource its portfolio, settlement and custody services to TD Wealth Institutional.

Credit Suisse renamed in Channel Islands 21/05/2013
Credit Suisse (Guernsey) Ltd has been renamed as Credit Suisse (Channel Islands) Ltd, in reflection of what the bank says is its commitment to the two islands.

Private banks offer the most growth potential for mutual fund sales 21/05/2013
Private banks offer the most growth potential for mutual fund sales to institutional investors according to a report Cerulli Associates.

Client onboarding software firm opens in Geneva and Hong Kong 20/05/2013
Appway, the client onboarding specialist, is looking to build upon its 2012 growth with two new offices in Hong Kong and Geneva.

More evidence of PAM Award Winner McInroy & Wood’s ability to outperform its bigger peers 17/05/2013
McInroy & Wood is not a firm usually associated with emerging markets investing. Ashmore (especially for emerging market debt), together with First State and Aberdeen Asset Management are much better known in this respect, especially by UK-based investors. But according to data produced by FE Analytics the Haddington, East Lothian-based investment management firm which won its first PAM Award in March is the best performing firm active in the UK authorised investment funds market in terms of generating alpha by a considerable margin.

Coutts and RBS support high-growth business festival 16/05/2013
Coutts and RBS are supporting a new 'high-growth business festival', designed to boost UK’s small business community.

Rathbones and Quilter collaborate to standardise TER calculation 16/05/2013
Quilter and Rathbones are collaborating on a single formula for calculating total expense ratios (TER) for their discretionary fund managers.

Deutsche wealth executive joins giant sovereign fund 15/05/2013
The Abu Dhabi Investment Authority (ADIA), one of the world’s biggest sovereign wealth funds, has recruited a senior Deutsche Bank executive, John McCarthy, to head its division that handles global infrastructure investments.

 
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