Kingswood continues US expansion with second strategic acquisition

• 85% majority interest to be acquired in Chalice Wealth Advisors and Chalice Capital Partners in San Diego, California, subject to regulatory approval • Transaction provides Kingswood with a strong leadership team and a seasoned CEO who have the background and experience to carry out an ambitious acquisition strategy • Kingswood plans to use Chalice as one of its centralised … Read More

Lindsey McMurray and Howard Garland appointed to Kingswood Board

• Follows Pollen Street’s injection of £80m permanent growth capital to create a global, scalable wealth management business • Kingswood’s current share price is significantly undervalued given the upside growth potential that can be delivered in a relatively short time period Kingswood Holdings Limited (AIM: KWG), the ambitious integrated international wealth management company, today announces that Lindsey McMurray and Howard … Read More

Trade to remain centre stage

The initial market reaction to the thumping majority gained by the Conservatives was pretty much as expected. UK equities rallied across the board, with domestically focused sectors and small/mid cap stocks doing best, now the outlook for the UK economy is looking rather brighter. The FTSE 100 lagged significantly on Friday, held back by the strengthening in the pound which … Read More

Conservative Victory – how much further upside for UK assets?

The Conservatives have won 364 seats and their largest majority since 1987. Not surprisingly UK markets have reacted favourably now the spectre of a hard-left Labour government has disappeared. At the time of writing, the pound is up 2-3 cents at $1.34 while the FTSE 100 is up 1.7% and the mid cap FTSE 250 up 5.0%. The big question … Read More

Kingswood ends transformative year with senior promotions and appointments 

• Leigh Philpot assumes the role of Head of Wealth, Rupert Thompson promoted to Managing Director and Chief Investment Officer and David Winckler becomes Associate Director • Paul Surguy joins Kingswood from Kleinwort Hambros to lead the investment management business • Further senior appointments to the management team will be completed in the New Year as the Group continues its transformative journey Kingswood … Read More

Conservatives on track to win a majority

Equities remain hostage to the incessant swings in sentiment over the state of the US-China trade talks. Last week started with Trump saying it might be better to wait until after next year’s election for a deal but more positive comments from both sides subsequently cheered markets up.

A sense of perspective is key

After two weeks of little change, the rally in global equities resumed last week. US-China trade negotiations remain centre stage and the presumption is very much that a limited deal will eventually be agreed. Still, this is not yet a done deal, not least because recent US support for the protesters in Hong Kong has not gone down well in … Read More