Lawyers from Carey Olsen's corporate practice acted as lead counsel to Lloyds Bank International on the sale of its wealth management and funds business in the Channel Islands to investment management services provider Brooks Macdonald.
Millennials, and to a lesser extent Gen Xers, have been rushing into financial markets to capitalise on the steep increase in volatility as they adjust to Covid-19 disruptions.
Three quarters of individuals say that the impact of the Covid-19 pandemic has made them realise the importance of having a savings pot to fall back on in the event of unexpected circumstances.
Refinitiv has launched Refinitiv Digital Investor, a new flexible solution which aims to provide wealth managers with a faster time to market for digital properties, while providing investors with account information, workflow tools, analytics, news, and insights related to their holdings.
Wealth manager and private bank Coutts is targeting a 25 per cent reduction in carbon emissions in its funds and portfolios by the end of 2021, according to the firm's newly launched 2020 Sustainability Report.
On 26 June, Edinburgh-based investment boutique SVM Asset Management will mark 30 years since it was co-founded by Colin McLean and Margaret Lawson back in 1990.
According to a nine month study, captured in a 53 page report entitled Exploring the Retirement Prospects of Generation X published by the pensions and wealth tech company Dunstan Thomas this week, the average value of non-pension investments of 39-54 year olds resident in the UK is GBP71,591.
Finantix, a global provider of technology to the wealth management, insurance and banking industries, has opened a new office in Serbia, extending its global reach to 11 offices across four continents.
Apex Clearing has launched a new turnkey platform solution called Apex Extend which provides modular applications to create customised wealth management experiences.
Adam Laird (pictured), formerly of Lyxor and Hargreaves Lansdown, and ex-ETF chair of The Investment Association, has launched Ards Ventures, a consolidator of actively managed fund managers.