Wealth Managers and the Future of Trust: Insights from CFA Institute’s 2022 Investor Trust Study June 7, 2022 | City Talk Corporate responsibility is more important than ever. Today, many investors expect more than just profit from their financial decisions; they want easy access to financial products and to be able to express personal values through their investments. Crucial to meeting these new investor expectations is trust in the financial services providers that enable investors to [...]
Londoners have the second-lowest perception of their wealth in England December 15, 2021 Despite having the highest average total wealth in the country, London dwellers’ perceptions of their financial wellbeing are particularly poor, according to this year’s UK financial health index by wealth manager St James’s Place. Data from the index released today, ahead of The Bank of England’s announcement of its next move on interest rates later this [...]
Brewin Dolphin draws in record fund inflows November 24, 2021 Fund inflows swelled to the highest total on record at wealth manager Brewin Dolphin in the past year, buoyed by a combination of positive net flows and strong investment performance. The London-listed firm drew in a record £4bn of discretionary inflows in the year to the end of September, compared to £2.8bn in the previous [...]
KPMG eyes larger piece of UK’s asset management pie as it lures EY and UBS veterans November 8, 2021 Accountancy giant KPMG is ramping up its efforts in the UK’s wealth and asset management space as the firm has appointed a range of new partners. KPMG said it has appointed Dean Brown as a partner and Shelley Doorey-Williams as an Associate Partner in its market leading Wealth and Asset Management practice. Brown will support [...]
Post-pandemic stress: UK high net worth individuals increasingly anxious about their own wealth October 19, 2021 High-net-worth-individuals (HNWIs) are increasingly less confident when it comes to their own money, with almost two-thirds saying they feel ‘anxious’ about their wealth, according to new data shared with City A.M. this morning. Younger people much more likely to feel anxious than older generations, according to the Saltus Wealth Index, which surveyed surveyed attitudes of [...]
Exclusive: Square Mile veteran Ian Mattioli MBE says a ‘feeding frenzy’ is raging through the City October 13, 2021 Mattioli Woods is undoubtedly one of the best known firms in the City. Founded in 1991 by Ian Mattioli and Bob Woods, the wealth manager floated on the LSE in 2005. These days, the group has around 600 employees that together manage around £12bn in assets for 10,000 clients. In an exclusive interview, City A.M. [...]
Two-thirds of young adults in the UK are counting on inheriting wealth August 2, 2021 More than two thirds (65 per cent) of under-45s in the UK expect to receive an inheritance gift of wealth from family or friends to fund their financial goals and get on the property ladder, according to new research. Millennial and Gen Z adults are increasingly relying on the transition of wealth between generations to [...]
`Your network is your net worth´: seven tips to propel your career July 27, 2021 | City Talk My thought leadership speaking tours to the Middle East and Europe were postponed. To convince the organizers to host their events online, I went on a shopping spree and bought all kinds of audio and video equipment just before the first lockdown in Singapore. It wasn’t just me. Everyone, from students to senior professionals, needed [...]
Charles Stanley revenues on the rise at £46m July 12, 2021 Investment management firm Charles Stanley (CAY) saw revenue, total funds under management and administration grow in the first quarter. The wealth-management services group said total funds under management and administration increased by almost 6 per cent to £27bn as of June 30, from £25.6bn at March 31. Total revenue for the quarter was up by 8 [...]
Soaring house prices and stock markets push wealth per adult to record £57,598 June 22, 2021 Despite the pandemic impact on economies around the world, global household wealth hit a new record last year, primarily due to soaring house prices and rebounding stock markets. The latest global wealth report by investment giant Credit Suisse showed today that wealth per adult rose 6 per cent last year, to hit a record £57,598. [...]