wealth management

Bestinvest founder John Spiers has hired a six-strong team for the launch of a new investment service at his recently acquired wealth management business, EQ Investors.

WH Ireland's pre-tax profits have fallen 70% after a year of restructuring, but assets under management in its wealth division rose healthily.

Monetary policy changes have prompted Parmenion to adjust the European and UK equity weightings in its tactical portfolios.

Fidelity's Leigh Himsworth is investing in wealth management companies as a key theme within his UK Opportunities fund, in the hope M&A and pension reforms will boost the sector.

'Wealth managers have a lot to learn from supermarkets'

Hargreave Hale is to expand its reach with the opening of a new office in Norwich, led by two former Brewin Dolphin investment managers.

The Investment Association (IA)'s plans to overhaul how funds' past performance is calculated has sparked debate among investment managers.

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

Brooks Macdonald has launched five new risk-rated portfolios, doubling the number of strategies in its managed portfolio service (MPS).

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.