Wealth Management

Think-tank New City Initiative (NCI) chairman Dominic Johnson has called for a dedicated Financial Conduct Authority division to help start-up firms.

Former executive chairman of Brewin Dolphin Jamie Matheson has been appointed chairman of Saracen Fund Managers.

Brewin Dolphin has reported a 70% fall in full-year pre-tax profit as its technology project writedown and other restructuring costs weighed on the business.

WH Ireland shares have recovered ground after falling as much as 15% as the group warned full year profits will come in below previous expectations.

Investec Wealth & Investment has poached three investment directors from Barclays Wealth for its Bournemouth office.

Ashcourt Rowan has seen a strong six-month period to end of September as its acquisition of UK Wealth Management in April helped boost revenues and assets under management.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, an FCA review has found.

The departure of star managers may have hidden costs for investors "stampeding" for the exit, a wealth manager has warned.

Psigma Investment Management has launched a cautious income strategy for its Managed Portfolio Service to target pension savers.

Jean-Sylvain Perrig is the Chief Investment Officer at Union Bancaire Privee. He tells Alice Rigby why there will be opportunities in the US for some time to come and what a bout of positive trading in Japan means for his portfolios.