Companies
Law firms merge to create business with ‘international reach’
Deal ‘presents opportunities to further develop our family office and private wealth services’
Flaw in multi-asset funds exposes investors to greater risk
Close correlation between fixed income and equities to lead to ‘meagre returns’
Global wealth reached record high of $250trn in 2020
8.3% rise caused by surge in clients investing in alternatives
PEOPLE MOVES: RBC WM, Raymond James, Brooks Macdonald Int’l
Wealth manager names four directors in Asia, as investment firm poaches financial planners from 1825
Investec creates UK wealth advisory arm
After announcing ambition to make M&A deals in the market