Evelyn Partners private equity owner plots £1.5bn sale July 21, 2024 The majority owner of Evelyn Partners, private equity firm Permira, is looking to offload its £1.5bn stake in the business.
Wealth manager takes legal action against fund house for ‘unacceptable performance’ July 11, 2024 Financial planning firm Tavistock and investment manager Titan have descended into a legal spat over the alleged poor performance of Titan's model portfolio service (MPS).
Wealth managers have lost a fifth of customers due to this issue July 4, 2024 Wealth managers are losing a fifth of customers due to poor complaint procedures, bringing into question the state of the colossal industry, a new study has revealed.
Election 2024: Benefits ‘less dignified’ than work, Starmer toughens welfare line June 23, 2024 State handouts don’t deliver the “same sense of self-reliant dignity as a fair wage”, Sir Keir Starmer has said, as he toughens his party’s line on welfare.
Barclays throws its weight behind fast-growing London wealthtech June 4, 2024 London-based fintech WealthOS has raised £4m in an investment led by Barclays.
Election 2024: ‘Wealth creation’ top Labour priority despite higher tax call June 3, 2024 Labour has been urged to bring in “higher taxes on wealth” in a bid to raise revenue - despite Sir Keir Starmer insisting his priority is “wealth creation”.
Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment May 30, 2024 Chair Robert Colthorpe noted that while that had been some recovery in several investment markets, there was "weak industry level net flows" from UK retail and wholesale investors.
Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
St. James’s Place shrugs off uncertainty as wealth manager continues to pick up assets April 30, 2024 Thanks to inflows and a positive market performance during the first three months of the year the company ended the first quarter with closing funds under management of £179bn.
‘Look at America’: Why this delisted money manager is calling for faster City reform April 29, 2024 Government efforts to save the London Stock Exchange are “too small” and listed firms are being hamstrung by unnecessary red tape in the market, the boss of newly de-listed asset manager Gresham House has warned.