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.
Total assets in UK wealth management reached a record high of £527bn in Q4 last year, despite fears regulation would dampen inflows and put pressure on costs.
Charles Hepworth, investment manager in charge of GAM's discretionary fund management (DFM) offering for UK IFAs launched in November, has revealed his top fund picks for the range.