All articles by Patrick Brusnahan

Possible ‘acquisition opportunities’ for Brooks Macdonald

Brooks Macdonald’s discretionary funds in the first half of its financial year hit £5.68 billion, an 11.1% rise. The solid results may lead to acquisitions according to Brooks Macdonald’s chief executive.

SJP funds under management rise 27%

St. James’s Place (SJP), the London-based wealth management group, have recorded funds under management valued at £44.3 billion, a 27% rise from 2012.

Brown Shipley shows interest in Jupiter wealth arm

The latest interested party in Jupiter Fund Management’s wealth management arm is Brown Shipley, a source involved in the process confirmed.

Lombard Odier makes Bänziger managing partner

Lombard Odier has named Dr Hugo Bänziger as their ninth managing partner effective from the 1st April 2014.

Exclusive: Swiss banks beginning to reject tradition

The Swiss private banking system has been a mainstay for over two hundred years, despite its flaws. However, three key players, Pictet, Lombard Odier and Mirabaud, have decided to make some revolutionary changes to the way they operate.

Exclusive: China: The awakening giant of private banking

As Napoleon Bonaparte once said of China, “Let her sleep, for when she wakes she will shake the world.” To this day, it proves true in the private banking world. As the wealth management sector gains momentum in the country, the world attempts to predict and adapt to the new financial powerhouse. However, will China even be able to cope with the great changes on the horizon? Patrick Brusnahan and WealthInsight examine the ever-transforming sector.

Exclusive: Private banking on the rise in Russia

Since the Russian financial crisis of 1998, and the many reforms that followed, private banking has been on the rise and is now ready to compete with the West.

The private banking system had not begun development until the mid-1990s. This was not unnatural as many form of private enterprise were in their early stages. In fact, it was due to the lack of reliance on banking within Russia which helped a speedy recovery after the 1998 crisis. At the time, few banks entered the area. This is entirely different now.

Henderson appoints multi-asset co-head

Henderson, a London based investment group, have promoted Paul O’Connor to co-head of their multi-asset team.

Brown Shipley appoints head of private banking

Brown Shipley, a UK based bank, has appointed Hugh Titcomb as their new head of private banking.

Arbuthnot reports strong fourth quarter

Arbuthnot Latham’s fourth quarter results revealed a 10% growth in the firm’s assets under management (AuM) in the final three months of 2013.