Paris-based independent financial adviser Dauphine Patrimoine has been awarded an asset management license from French financial market regulator AMF for a company branded Dauphine AM, InvestmentEurope can reveal. AMF has given its green light on 4 December 2017. Dauphine AM’s license enables the firm to manage among others Ucits funds (OPCVM) and mandates in addition […]
Paris-based independent financial advisor K&P Finance has partnered with Rothschild HDF Investment Solutions, part of Rothschild & Cie, to launch the Kilimandjaro fund. This diversified fund of funds, domiciled in France, relies on an open architecture fund selection operated by Rothschild AM’s portfolio managers Stéphane de Kermoal et Marc Terras, who pick funds from Rothschild HDF’s buy-list […]
Spanish credit union Arquia Banca is to acquire independent financial advisory company Profim. The deal is subject to regulatory approval and would make Arquia Banca a major shareholder of Profim, which tallies over 1,000 clients and manages €350m. The transaction aims to develop Arquia Banca’s activities on the private bank segment targeting ultra-high net-worth individuals and […]
Cyrus Conseil, a French private wealth management firm and family office, has acquired Malherbes Gestion Privée, an independent financial advisor based in Paris. Cyrus Conseil, which has €2.4bn of assets under management, will record some further €30m of assets with this acquisition. The firm has announced it will develop itself mainly by external growth in the […]
Raymond Leban has been elected as chairman of CGPC (Association française des conseils en gestion de patrimoine certifiés), the French association of certified independent financial advisors. He replaces Hervé de La Tour d’Artaise whose mandate was ending. Leban has presided over the jury of the certification exam of CGPC since its launch in 1998. He aims to strengthen the […]
Zurich Investment Services UK has announced that Threadneedle will be the first manager it works with to launch a range of funds for UK advisers. The range of five multi-asset growth funds should be available to advisers using the Zurich platform from 2 April this year. In line with its multi-manager ACD status, Zurich states […]
Total assets in 2014 reached €30bn (compared to €24bn at the end of 2013) including assets under custody and third parties’ funds (internally managed assets stood at €26.7bn at end-2014 compared to €21.4bn at the end of 2013), Italy’s independent asset management company Azimut has revealed. Net financial position as of December 31, 2014 came positive at €312.4m. […]
Pershing Limited has introduced a new portfolio reporting template, which is intended to improve the communication experience of clients, as well as support white labelling of further communication between financial intermediaries and their clients in turn. Key features of the new template include: 20+ page colour-coded booklet presenting information ranging from portfolio breakdown to top […]
IFAs believe the sector will attract over £475m this tax year, up from £435.8m during the 2013/14 tax year, according to a new study commissioned by Albion Ventures. Nearly one in five (18%) people investing in a Venture Capital Trust this tax year will be doing so for the first time. This is an increase […]
Over one in six (16%) people investing in a Venture Capital Trust this tax year will be doing so for the first time, according to a new study commissioned by Albion Ventures.
Russell Investments has announced that it will acquire On-line Partnership Group Limited (OLPG), significantly expanding Russell’s relationships with UK independent financial advisers (IFAs) and enhancing the way in which the OLPG’s advisers work with retail investors.
Carmignac Gestion has recruited Franklin Templeton’s Pierre Andriveau as head of external distribution for independent financial Advisors in Paris. He will report to Ariane Tardieu, head of country for France.