A boutique wealth manager offering a bespoke private client service is to launch its first retail fund as it seeks to diversify its business.
Boutique fund managers suffered a marked slowdown in growth ahead of the Retail Distribution Review (RDR) as investors flocked to trusted brand names, according to new research from the IMA.
Old Mutual Global Investors (OMGI) is planning to relaunch a number of funds in its range, with global equities, Asia and emerging markets touted as major growth areas.
Henderson Group has seen a record jump in underlying profit before tax in the first half of 2013 despite a £2bn outflow from its institutional business.
UBS has become the largest global wealth manager after its assets under management soared in 2012, according to a survey from UK-based research firm Scorpio Partnership.
Premier Asset Management has streamlined its fund range in a move to broaden its appeal in the wealth management market.
Investors are boosting exposure to exchange-traded products (ETPs) in their multi-asset portfolios, driving assets under management in the vehicles to new highs.