All articles by John Schaffer
John Schaffer
US Roboadviser Betterment exceeds $5bn AUM
US headquartered Betterment LLC has surpassed $5bn in assets under management the first automated advisory service to do so.
Global ETF market to exceed $7trn by 2021
PwC expects accelerated growth in ETFs over the next five years, with global assets under management (AUM), expected to exceed $7 trillion by 2021.
Standard Life halts trading on UK property fund
Standard Life has halted withdrawals on its property funds following the UKs decision to leave the European Union, stopping all trading as of July 4, 11.00am GMT.
UK Robo-advisor Wealthify performs well post Brexit
Michelle Pearce, CIO and co-founder at UK headquartered roboadvisor, Wealthify, tells PBI that Brexit has resulted in largely positive performance across its 5 investment plans.
S&P and Fitch downgrade UK credit rating
Fitch and S&P have both downgraded the UKs credit rating, reflecting economic uncertainty after the UKs Brexit vote on June 23.
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PBI Conference London 2016: Private banking in turbulent times
The third Private Banker International London Conference took place on 15 June and professionals from the private banking and wealth management industry attended four sessions complete with speaker presentations and expert panels exploring and debating various issues currently impacting the industry. John Schaffer provides a detailed overview of the day
Digitally fit: Private banks in the UK
As the wealthy increase their demands for sophisticated digital channels and easily accessible information about their portfolios, private banks must evaluate their technology priorities to successfully keep up with client expectations. John Schaffer speaks to leading UK private banks to understand their digital journeys
Lombard Intermediation Services opens Paris representative office
Lombard International Assurance, a life insurance-based wealth solutions provider, announces the opening of a representative office of Lombard Intermediation Services in Paris.
Societe Generale finalises acquisition of Kleinwort Benson
Societe Generale confirms the closing of the acquisition of Kleinwort Benson in the UK and Kleinwort Benson Channel Islands Holdings Limited from Oddo & Cie.
Old fashioned relationship management from Metro Bank
Metro Bank is starting to become increasingly prominent on the UK high street. The bank is modest in its private banking offering but is aiming to leverage upon its branch network to better serve wealthy clients. John Schaffer speaks with Metro Banks head of private banking, Julie Barnsley, to find out more