United Kingdom
UBS wealth management sees strong inflows amid profits slump
Swiss bank UBS reported the strongest inflows to its wealth management division since 2008, although pre-tax profits were lower than analyst expectations and below last year.
United Kingdom | 3 May 16
Half of UK advisers turn away 5 clients every month
Almost half of British financial advisers have turned away up to five potential customers in a month, while one in 10 has rejected six or more people, according to a new study by Prudential.
Macro Views | 3 May 16
UK manufacturing contracts as “deep unease” takes hold
Manufacturing activity in the United Kingdom has contracted for the first time in three years, according to data from Markit.
Aviva’s closed offshore unit to be sold to consolidator LCCG
M&A firm Life Company Consolidation Group (LCCG) has agreed to buy Aviva Life International.
Investment | 3 May 16
Investment insights: cuts, yields and opportunities
With the looming threat of dividend cuts and a reversal in bond yields, coupled with the emergence of new growth patterns and value opportunities, click through the following pages to read what five wealth managers think we should be paying attention to.