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Latest News - Rudi Abdallah

Julius Baer battles to return to past profit glories

While business has picked up at Julius Baer it still remains short of its profit target.

Charles Stanley head of investment management exits

Charles Stanley has confirmed Gary Teper's departure as the firm's three-year plan to secure 15% profit margin by 2022 begins to bite.

Gresham House and AXA IM team up for forestry fund

The pair have joined forces to manage a forestry portfolio exceeding 4,000 hectares

Aviva Investors' £1bn fund manager loads up on SJP and Schroders

Christopher Murphy and his team exploited the sell off in the fourth quarter to buy into the duo at discounted price.

Crypto scammers pocketed £30m as Bitcoin bubble burst

Reports on previous year more than triple as victims lose £14,600 on average over last financial year

Boutique hires wealth head two months after acquisition

Firm moves for Ashworth, who was a senior portfolio manager at Creechurch, after Chancery Capital Holdings purchased the Douglas-based boutique in March

Hermes makes key private debt and CLO hire

Hermes Investment Management has appointed Kevin Roche as its first director for private debt and collateralised loan obligations.

Bolsonaro bounce: Brazilian equities in the spotlight

The Brazilian market has rallied since the appoint of the authoritarian Jair Bolsonaro as president, but what do wealth managers think?

Kames hires Janus Henderson manager as high yield boss

Thomas Hanson is one of two new hires, while high yield fund manager Jack Holmes is leaving the business

Rathbones suffers sharp fall in Q1 growth

Shares in the wealth firm have dipped as first quarter growth slid on weak investor sentiment.