wealth management

Tim May, chief executive of the Wealth Management Association (WMA), is to hand over the role to Liz Field later this year.

AIM-listed wealth management group European Wealth reported a rise in assets of nearly a quarter in the first six months of the year.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, new research has suggested.

WEALTH MANAGERS

‘Holding onto mid caps does hurt, it is undeniable’

The smallest discretionary fund managers in the UK market could be vulnerable to a fresh wave of takeovers by larger rivals, new research has suggested.

The Wealth Management Association (WMA) has called for a ‘lighter touch' approach to industry regulation as key EU committees face a post-election shake-up.

More private equity firms are looking at buying up wealth managers as a coming savings shake-up boosts the sector's appeal, according to Ashcourt Rowan CEO Jonathan Polin.

‘We are trying to identify the stars of the future’

The number of billionaires living in the UK has passed 100 for the first time, the 2014 Sunday Times Rich List has revealed.