- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Reports to Danish regulator of suspect activities doubles in past year

The banks are not referring for referral's sake."

Exclusive: HSBC to axe senior managers in strategy shift - sources

While it was not clear how many jobs would go, the people said the planned move would mainly hit operations in London and to a lesser extent in Asia, which contributes nearly 90% of the bank's profits.

Brexit – what has happened and what comes next?

This would allow the UK to continue to trade with the EU without tariffs or quotas.

Schroders pension fund earmarks £800m to cashflow-driven strategy

Momentum Investment Solutions & Consulting independently advised the fund on the appropriateness of the strategy, which aims to generate sufficient cashflow by investing in more predictable assets to enable pension funds to meet their payments.

Quilter: star performer on the JSE

Old Mutual’s former wealth manager, Quilter, stole the show with a huge rally in 2019. This looks set to continue

Danske’s Lone Woman Executive Says Male Dominance to Be Reduced

The bank is also committing almost $20 billion to green projects, with three-quarters of that earmarked for financing and the rest devoted to asset management.

Warning of legal risks in serving insistent clients

Ms Rhodes gave the example of a client requesting a £100,000 transfer into what they deem to be a good investment opportunity, but which a wealth manager can identify as a scam.

Global Identity and Fraud Report

New Experian research shows that identity and re-recognition are the keys to positive customer engagement

What does 2020 hold for Asset Management and Asset Servicing?

To help meet these challenges, firms are exploring how technology can help transform their businesses.

Are investment trusts taking an unfair beating on disclosure?

Wealth managers say they are having to choose between shying away from investment trusts, which now look more costly, or taking on a difficult explanation with their clients

The problems of intergenerational wealth transfers

Recent research by Brooks Macdonald found £327bn is set to be passed on from baby boomers to around 300,000 younger potential clients over the next decade.

Handelsbanken Posts Forecast-Beating Net Profit Amid Tight Cost Control

Operating profit went up by 23%

The most exciting team at Apollo Global Capital Management

Directly originated assets accounted for $24bn of Apollo’s total $216bn assets under management at the end of the fourth quarter.

What does a future outside the European Union mean for the UK? - Coutts

Facing the future with an eye for opportunities – and risks – will remain at the heart of what we do to preserve and grow our clients’ wealth.

Loneliness: it’s not just for Christmas

At Christmastime, it can seem like the issue becomes much worse.

Royal Bank of London? RBS boss Alison Rose is queen of the south

Rose is employed by NatWest, a technicality following the post-crisis move to “ringfence” high street banking operations.

Essential protection for millionaires in London

The need for personal close protection is a growing concern among a growing populous of millionaires, many of whom visit London.

Comment: It’s not all about the coronavirus By Rupert Thompson, Kingswood

The BOE held off from cutting rates last week because of a Boris-related bounce in business confidence but was distinctly downbeat in its growth outlook.

Commenting on the recent BoE interest decision sending sterling higher

A strong jobs market, the prospect of fiscal stimulus in the foreseeable future

Next Gen: Matthew Yeates, 7IM

This week we chat to Matthew Yeates, senior investment manager at 7IM. We discuss his perfect tea and biscuit combination as well as why his worst investment decision was a catastrophe

Comment, Analysis & Research