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Gold specialist hires head of wealth management 14:00 GMT
Gold Bullion International has appointed Bob Alderman as executive vice president and head of wealth management.

Hollow architecture 20/10/2014
Clarion calls for asset wealth managers to embrace Open Architecture (OA) have been a remorseless din in the ears of advisors and clients alike. Very few such businesses do not state vocally that they adhere to this thoughtless ideology. For it is thoughtless, since it is almost impossible to implement in the manner in which it is portrayed and understood.

Older wealthy Americans most switched on regarding tax efficient investing, research finds 20/10/2014
Spectrem Group has found that 45 percent of the US’s wealthiest investors are investing in tax-free bonds in an effort to decrease their tax burden.

Investors want 'ethical investments' but lack information, says TD Direct Investing research 17/10/2014
TD Direct has today released research revealing that 64 percent of UK investors wish to invest ethically in the next few years but feel they lack the information to do so.

Nedbank Private Wealth offer support for declining bees 17/10/2014
Staff at Nedbank Private Wealth and its trust division have been doing their part to protect the world's rapidly declining bees by spreading bee-friendly wildflower seeds.

London residential property remains buying opportunity for wealthy Hong Kong Chinese despite unpredictable outlook 17/10/2014
Boutique London property search agency Temple Field Property has been enjoying unprecedented interest from wealthy Hong Kong Chinese looking to acquire residential property in the Capital, despite growing concerns around the likely outcome of next year’s General Election and the threat of a Mansion Tax being introduced.

Market collapse or correction: It's that old but not that familiar October feeling 17/10/2014
October and stock market collapses go together. The Wall Street Crash of 1929 occurred in October when on 28 October (Black Monday) and 29 October (Black Tuesday) the Dow Jones Industrial Average lost 12 percent and 13 percent respectively. On 19 October 1987 (another “Black Monday”) the Dow plunged by 20 percent, an event replicated by major market indices around the world. More recently in 2008 the Dow fell by around 14 percent.

Forget Thomas Piketty: Buy Credit Suisse 16/10/2014
With 577 pages of text and another 108 pages of notes, “contents in detail”, lists of tables and illustrations, and indexes Thomas Piketty’s “Capital in the Twenty-First Century” is a doorstop of a book. It is also deeply flawed. According to a number of critics, including the Financial Times’ Chris Giles and Ferdinando Giugliano (see The Financial Times, 24 May 2014), both its main conclusions and the data sources that underpin them have many shortcomings.

Berenberg wins £15m charity equity protection mandate 16/10/2014
Berenberg has been selected by the Royal National Children’s Foundation (RNCF) to establish and manage a £15 million equity overlay.

Majority of financial advisers plan to cut services - research 16/10/2014
New research from fund platform, rplan, has found that 56 percent of financial advisers are planning to stop servicing some client accounts over the next year months because they are no longer commercially viable.

 
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