Five ways to retain your wealth management clients in 2020 April 28, 2020 | City Talk The global wealth management industry is being buffeted by demographic changes among investors, as well as technological advancements such as the arrival of robo-advisers. Recent research commissioned by Bank of America on millennials’ spending priorities in the USA – with millennials defined as those aged 24 to 41 – found that about 25% of those who [...]
Investors believe coronavirus lockdown will return with a rocky road to recovery April 24, 2020 The majority of investors believe the coronavirus lockdown will return, implying a precarious road to economic recovery. A Peel Hunt survey of investors and corporate managers reveals uncertainty over timing and severity of the lockdown, but the strong view is that it will likely return. Last week the foreign secretary Dominic Raab extended the UK’s [...]
What’s happening to dividends and what next? 11 questions answered April 23, 2020 | City Talk Nick Kirrage, co-head of the Value team, and Sean Markowicz, part of the Research and Analytics team, chatted with us about the future of dividends and buybacks. With so many investors reliant on dividends to boost their income or support their retirement we wanted know what’s happening now, whether investors should be concerned and what [...]
Non-Standard Finance bolsters finances by focusing on debt collection April 23, 2020 Non-Standard Finance is focusing on its collection activity after cutting lending across its divisions during the coronavirus pandemic. In a statement today, Non-Standard Finance said it would delay full-year results because of coronavirus. It maintained its collections performance had been robust despite the circumstances. Last month the firm cut lending across its divisions to mitigate [...]
Private equity activity reaches new peak but firms brace for difficult year April 22, 2020 European private equity activity hit a new peak in the first quarter, but firms are bracing for a significant slowdown as the impact of coronavirus hits. The first quarter saw 1,025 deals close for a total €132.9bn, a new quarterly peak, according to PitchBook data. It is in part because transactions that closed in the [...]
Johanna Kyrklund: It pays to be patient April 22, 2020 | City Talk As lockdown continues for millions of us across the world, unsure of when we will see loved ones or return to our places of work, we all know we must be patient. Good things come to those that wait, as they say. This seems to me to be true not only from a personal viewpoint, [...]
Cru Wine getting the balance right with astute and nimble investments April 21, 2020 | Sponsored Very often timing is everything. That certainly proved the case for Gregory Swartberg when he started Cru Wine Ltd (CWL) in 2013, which he initially operated by himself around his full-time job as a strategic consultant for big names in the city. The 31-year-old Dutchman’s first employee came two years later, when he finally decided [...]
Quilter’s platform migration faces delay due to coronavirus uncertainty April 21, 2020 Quilter’s platform migration programme is facing delays and increased costs as the coronavirus pandemic creates growing uncertainty. Quilter confirmed it was still preparing for the second phase of its platform migration, which is due by the end of this summer. However Covid-19 makes the feasibility of this timeline more uncertain. In February Quilter completed the [...]
Good vs. bad active fund management: three indicators April 21, 2020 | City Talk Do you ever wonder whether your active fund is worth the management and performance fees you charge? Would passive investments have yielded similar or better outcomes for your clients? If you haven’t asked yourself these questions, you can be sure your clients have asked themselves. And they will continue to, measuring what you deliver with [...]
European regulators scrutinise investment fund liquidity sparked by sell-off April 20, 2020 Asset managers across Europe are coming under increased scrutiny as regulators ask for new information about their ability to meet investor withdrawals. The French and German financial regulators are asking for daily updates of investor redemptions as they seek to stave off a liquidity crunch sparked by the coronavirus-induced market sell-off. It comes after investors [...]
