The outlook for the UK and related investments is likely to remain cloudy following the triggering of Article 50, expected 29 March, which will officially start the process of the UK leaving the EU. Will Hobbs, head of Investment Strategy at Barclays Wealth & Investments suggests that there are risks currently to UK growth amid […]
Andrew Tinney, a former chief operating officer at Barclays Wealth and Investment Management (BWA) faces a potential ban from carrying out any senior management activities, following a Decision Notice published by the Financial Conduct Authority (FCA). Tinney is accused of having covered up an external report in 2012 which expressed sharp criticism of BWA’s senior […]
Jonathan Holland and Robert Websdale have joined Julius Baer from Barclays Wealth as relationship managers with the rank of director. They will join Senior Relationship Manager Alan Edwards to focus on developing Julius Baer’s business in the North of England, reporting to David Durlacher, head of Relationship Management. Holland has more than 12 years’ experience […]
Alan Edwards (pictured) has joined Julius Baer’s London office as a Senior Relationship Manager with the rank of Managing Director Senior Adviser. He will focus on developing Julius Baer’s business in the North West region of the UK, and will report to David Durlacher, head of Relationship Management. Edwards has more than 30 years’ experience in relationship management […]
Lincoln Private Investment Office has announced the appointment of Chris Rowell, previously of Barclays Wealth, as a partner. He brings 30 years of industry experience and over 15 years of private wealth and investment experience to Lincoln. He will be responsible for growing the business through new client acquisition and developing the client service proposition. […]
State Street Global Advisors (SSGA) has appointed Rory Tobin as head of European distribution, responsible for the European institutional and intermediary distribution business. Tobin will report to Mike Karpik, head of SSGA for Europe, the Middle East and Africa. Karpik said the role was created in response to regulatory changes in the European distribution landscape. […]
A White Paper from Barclays Wealth & Investment Management on behavioural finance has found that what may be seen as rational behaviour by individual investors against the theoretical best practice for, say, asset allocation, is costing them 2%-3% annually in return.
The threat of inflation surging in the long term as current monetary policies run their course is being flagged by a growing number of allocators.
Aaron Gurwitz, Barclays Wealth chief investment officer, says in a preface to the latest the firm’s latest Compass report that he remains concerned about risks to investors, despite positive performances this year from multiple asset classes.
Barclays Wealth called “particularly powerful” Mario Draghi’s recent words the European Central Bank would do “whatever it takes” to save the euro, but the UK discretionary managers add economic data this week “continued to paint a fairly uninspiring picture of the global economy”.
London’s Cass Business School is to target European expansion for its Cass Consulting research business.
Markets are being held hostage by the upcoming June 17 Greek elections, according to a recent report by Barclays Wealth.