Wealth managers

Clients saving more for retirement will cause global assets under management to soar by 2020, PwC has predicted.

Financial advisers' preference for multi-asset funds marks the "biggest cyclical change for 30 years", an Allianz Global Investors retail sales head has said.

Brooks Macdonald Asset Management is to offer clients of adviser Prosperity exclusive access to portfolio services.

J.O.Hambro Investment Management has rebranded as Waverton Investment Management today following a management buy-out from Credit Suisse.

Charles Stanley has agreed a deal to buy Evercore Pan Asset Capital Management, the passive portfolio specialist co-founded by John Redwood MP.

Stockbroker and discretionary wealth manager Charles Stanley today reported a jump in revenues and profits, and a hike in its interim dividend, as it continues to benefit from a shift among clients either moving to self-invest or to use discretionary...

Wealth manager Brooks Macdonald said today assets under management had risen more than 5% in the last quarter, as a combination of market gains and inflows lifted the total.

WEALTH MANAGEMENT

The Association of Private Client Investment Managers and Stockbrokers (APCIMS) is planning to rebrand as the Wealth Management Association to better reflect its membership.

Wealth managers and asset managers have led the pack in early morning trading after a number of companies delivered positive updates to the market.