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Julius Baer upgrades Eurozone equities while downgrading US counterparts 28/03/2017
Julius Baer has upgraded Eurozone equities to overweight and downgraded US equities to underweight as the bank expects the Eurozone equity market to outperform that of the US, according to head of equity strategy research, Christoph Riniker.

Old Mutual to sell asset management stake in next step of separation plans 27/03/2017
Old Mutual is to sell a 24.95 percent shareholding in OM Asset Managing to HNA Capital US in a two-step transaction for gross cash consideration of around $446 million, marking the latest step in its break-up plans.

Former Towry director launches Altor Wealth Management 24/03/2017
A new wealth management boutique, Altor Wealth Management, has been launched by former Towry executive director Matthew Pitcher.

Canaccord Genuity Wealth Management acquires part of C. Hoare & Co 24/03/2017

Progeny's expansion deal won't be its last of the year, managing director tells thewealthnet 24/03/2017

RBC signs HM Treasury's gender equality charter 23/03/2017
Royal Bank of Canada (RBC) has confirmed its participation in the HM Treasury Women in Finance Charter across its British Isles businesses.

Thesis Asset Management moves away from equity funds to reduce costs 22/03/2017
Thesis Asset Management has added direct UK securities to its Optima fund range for the first time, with the direct exposure to UK stocks now replacing almost all of the UK equity unit trusts previously held by the funds.

Avaloq gains private equity investment to fuel growth 22/03/2017
Wealth management IT firm Avaloq has entered into an agreement to acquire a 35 percent shareholding in global private equity firm Warburg Pincus from existing shareholders.

Financial services network appoints Mercer to support discretionary service 21/03/2017

Wealth management and legal firm expands London presence with MBO deal 21/03/2017

 
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