PEOPLE MOVES: Momentum UK, Russell Investments, Hermes

PEOPLE MOVES: Momentum UK, Russell Investments,...Lock icon

Industry veteran Peter Mann has reappeared at Momentum UK, while Russell Investments is banking on an ex-BlackRock man to head up its Europe, Middle East and Africa region. Hermes has named a head of fixed income.

Published : 25, Apr 2017
Strong pension business helps SJP net inflows rise to £2bn in Q1

Strong pension business helps SJP net inflows...

UK-based wealth manager St James’s Place (SJP) has reported net inflows of £1.99bn in the first quarter of 2017, bringing assets under management (AUM) to nearly £80bn, helped by solid growth in its pensions business.

Published : 25, Apr 2017
Standard Life Aberdeen powerhouse eyes US market for expansion

Standard Life Aberdeen powerhouse eyes US market...Lock icon

A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.

Published : 24, Apr 2017
M&A: the 'new normal' in UK asset management

M&A: the 'new normal' in UK asset management

The merger of Standard Life and Aberdeen is a sign of the times in asset manager consolidation, but who will be the winners and losers from the trend?

Published : 21, Apr 2017
PEOPLE MOVES: Citi, Guardian Wealth, Brewin Dolphin

PEOPLE MOVES: Citi, Guardian Wealth, Brewin Dolphin...Lock icon

Citi Private Bank has named two heads of investment for Asia Pacific, with GWM Investment Management adding a senior wealth manager in London. Brewin Dolphin’s Jersey office has a new head.

Published : 21, Apr 2017
Schroders boosts private equity holdings with Adveq deal

Schroders boosts private equity holdings with...

Schroders is set to expand its private equity business through the acquisition of Swiss-based private equity firm Adveq Holding for an undisclosed sum.

Published : 20, Apr 2017
DeVere denies ‘unfounded claims’ it uses prohibited funds in SA

DeVere denies ‘unfounded claims’ it uses prohibited...Lock icon

International advisory firm deVere has denied claims that it has been investing its South African clients’ money in offshore funds which have not been approved by the country’s regulator, blaming the “unfounded allegations” on a disgruntled former employee.

Published : 20, Apr 2017
Focus Financial sells majority stake to two private equity firms

Focus Financial sells majority stake to two private...

Private equity firms KKR & Co and Stone Point Capital have announced plans to take a majority stake in Focus Financial Partners, a US-based network of independent fiduciary wealth management firms, in a deal worth $2bn (£1.6bn, €1.9bn).

Published : 19, Apr 2017
Provisca signs up asset manager Heptagon to target IFAs

Provisca signs up asset manager Heptagon to target...Lock icon

International product distribution business Provisca has partnered with Heptagon Capital to help the London-based asset management firm actively promote its funds in the retail market for the first time.

Published : 19, Apr 2017
PEOPLE MOVES: Lombard Odier, Neuberger Berman, Livingbridge

PEOPLE MOVES: Lombard Odier, Neuberger Berman,...Lock icon

The industry’s revolving door slowed down as the Easter break approached. Lombard Odier IM created a head of third-party distribution role, while Neuberger Berman has a new head of China. The former managing director of Fharlie Advisers has appeared at Livingbridge.

Published : 18, Apr 2017
European Wealth expands to South Africa

European Wealth expands to South Africa

European Wealth has opened an office in Johannesburg, South Africa, following its recent acquisition of a client bank from Towry Asset Management.

Published : 18, Apr 2017
Old Mutual Int'l and AAM Advisory in court against IFS

Old Mutual Int'l and AAM Advisory in court against...Lock icon

Old Mutual International appeared as a defendant in Singapore’s supreme court alongside its local advice business AAM Advisory on Thursday.

Published : 13, Apr 2017
Shortlist revealed for int'l product and service awards 2017

Shortlist revealed for int'l product and service...Lock icon

We are delighted to announce the shortlisted companies in International Adviser’s Product and Service Awards 2017.

Published : 12, Apr 2017
Goldman Sachs AM first to register foreign retail funds in UAE

Goldman Sachs AM first to register foreign retail...

Goldman Sachs Asset Management (GSAM) has become the first firm to register foreign investment funds for retail investors in the UAE under the new mutual fund regulation introduced by the Emirates' Securities and Commodities Authority (SCA).

Published : 12, Apr 2017
Record int’l inflows for Praemium despite boardroom battle

Record int’l inflows for Praemium despite boardroom...

Platform provider Praemium reported record international inflows of A$184m (£113m, $138m, €130m) in the first three months of 2017, despite an ongoing power struggle between the company’s board and its ousted chief executive.

Published : 11, Apr 2017
PEOPLE MOVES: Money Advice Service, Schroders, Aviva

PEOPLE MOVES: Money Advice Service, Schroders,...Lock icon

The Money Advice Service has named its new chief executive, while a Schroders veteran confirms his “non-dramatic” departure. Aviva Investors has appointed a senior client solutions director.

Published : 11, Apr 2017
 DeVere Group launches new banking app deVere Vault

DeVere Group launches new banking app deVere Vault...

DeVere Group has launched a new banking app to coincide with its recently-unveiled plans for an investment bank on the offshore jurisdiction of Mauritius.

Published : 10, Apr 2017
Standard Life considering Dublin move post-Brexit

Standard Life considering Dublin move post-Brexit...

Insurance and investment giant Standard Life is considering moving its European hub to Dublin as it prepares for the UK to pull out of the EU single market, the firm’s chairman Gerry Grimstone has said.

Published : 6, Apr 2017
FCA stops pension transfers from 16 advice firms

FCA stops pension transfers from 16 advice firms...Lock icon

Sixteen UK firms agreed to stop any activities related to pension transfers in the 12 months to January 2017, the Financial Conduct Authority has revealed.

Published : 5, Apr 2017
Tensions rise as Praemium face off approaches

Tensions rise as Praemium face off approachesLock icon

Ousted Praemium chief executive Michael Ohanessian’s "aggressive" relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.

Published : 5, Apr 2017

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DeVere denies ‘unfounded claims’ it uses prohibited funds in SA
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