Advisers

1. Stanhope Capital grows staff by 50%

   Stanhope Capital, the private investment manager, has taken the opportunity to cherry-pick staff from rivals during the downturn, growing its headcount from 26 to 40 over the last year.

2. Family-run businesses outperform their public rivals

   Family businesses have long been considered more profitable than publicly owned companies, and industry analysts said the recession bears this theory out.

3. FSA bans ex-UBS client adviser

   The UK Financial Services Authority has handed out its first fine to an individual involved in the rogue trading scandal that hit UBS' wealth management unit, banning director Andrew Cumming for complicity allowing a senior colleague to continue making unauthorised trades.

4. London limited to tactical hiring as outlook deteriorates

   With the exception of Barclays Wealth, London-based advisers have pulled back their hiring ambitions as the capital’s attractiveness for senior private bankers is questioned.

5. European wealth managers cut back their recruitment plans

   Investment banks might be beginning to hire more aggressively after a period of deep cuts, but most wealth managers in Europe are still scaling back their recruiting ambitions as the sector lags the upturn in the wider financial services industry.

6. Recovery at UBS: work in progress

   For a bank which hoped all the bad news was now finally behind it, the £8m (€8.9m) fine imposed on UBS last week by the Financial Services Authority came at an unfortunate time.

7. 'Move Past The Crisis,' Barclays Wealth To Clients

   Global markets are now functioning normally, and stocks, particularly those in developed markets, likely offer more upside going forward, according to Barclays Wealth.

8. Advisers 'Stress-Test' Family Business Plans

   With conflicting signals about the pace and sustainability of U.S. economic recovery, it's crucial for family businesses to revisit their contingency plans, think about the positioning of their businesses and expectations about growth, according to financial advisers.

9. Hedge funds poised to recoup crisis losses

   The hedge fund industry is on the brink of recouping all its investment losses sustained during the credit crunch, placing many funds in a position to start earning performance fees.

10. Emerging markets to boost wealth staffing levels

    Recruitment consultants believe emerging markets are likely to generate most of the growth in staffing in global wealth management in the year ahead as the offshore crackdown slows expansion in Europe.