Collins Stewart

Stephen Massey has been appointed head of UK wealth management at Canaccord Genuity Wealth Management following the takeover of Eden Financial.

Investors question whether gold has lost its shine as China growth picks up and US shows signs of recovery.

WEALTH MANAGERS

Investors' desperate search for income continues as rumours abound of the possibility of negative interest rates and bond yields remain at record low levels.

Collins Stewart Wealth Management has recorded a pre-tax loss of £447,000 for Q4 2012 as parent Canaccord was affected by costs relating to recent acquisitions.

A double-digit stock market correction will prove the wake-up call to spur policymakers into action on the eurozone crisis, and could prove the perfect time to buy European stocks, according to Justin Oliver.

City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence, Investment Week can exclusively reveal.

Canaccord Financial is set to acquire the wealth management arm of boutique private client investment management business Eden Financial, which has also put its asset management arm up for sale.

VOLATILITY