“Kirk Kapital has decided to phase out the firm’s shipping activities,” Chief Executive Officer Kim Gulstad said in a statement. “We therefore need to find a good moment to sell the five product tankers.”
Andrew Croft, Chief Executive, commented: "After a record year for new business in 2017, we have maintained momentum in the first quarter of 2018."
Though most might assume that women's investment needs are little different to men's, Orbium found that 78 per cent of respondents said some of the world's richest women were not having their financial considerations addressed.
Asset Management had strong net new money of CHF 27bn excluding money markets, taking invested assets to CHF 792bn, the highest in a decade; adjusted1 PBT was CHF 108m.
Schroders’ wealth management business has operations in the Channel Islands, Gibraltar, Switzerland, Hong Kong and Singapore, as well as Britain, Germany, Italy and Spain.