Corporate Strategy

Barclays private bank and wealth management has reported a 15 percent decrease in pre-tax profits in the first quarter of 2024.

Geneva-based wealth manager Lombard Odier has partnered with asset manager Robeco to expand the funds offered on its ‘PrivilEdge’ open architecture fund platform.

Paul Welch has launched Million Plus Private Finance.

C Hoare & Co’s UK trust business has been purchased by Ludlow Trust, a provider of specialist trust administration services for private clients and the charitable sector.

UBS Global Wealth Management has appointed Bruno de Kegel as an ultra-high net worth (UHNW) private banker based in London, thewealthnet can reveal.

Brett Lankester has returned to UBP after two and a half years working in private equity.

Söderberg & Partners has invested in four IFA firms - Courtney Favers, Bespoke-Advice, Clear Financial Advice and Bigmore Associates.

Brooks Macdonald Group has recorded funds under management (FUM) of £17.9 billion for the third quarter of its financial year - the three months ended 31 March 2024. 

A roundup of the latest funds news impacting the wealth management sector...

Ruffer has cut around 20 positions across its business, representing around six percent of its total positions.