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.
Clientology: the battle to convince the IT crowd
Tech professionals may be stereotyped as nerds but as wealth clients they are efficient individuals who enjoy face-t-face meetings
Wealth firms failing to keep pace with rising cyber threats
Too many wealth firms either rely on outdated, manual processes to protect themselves or believe they are below the radar of malicious actors.
What's behind the big wealth client exodus?
The results of EY’s recent global wealth survey serve as a reminder that the customer is always king