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

Breaking taboos in Swiss private banking

It is shaking the foundations of this secretive profession - what's more, there are many indications that the dam has now been broken.

Private Banking Awards 2024: Recognizing Excellence in Wealth Management

This year, 21 providers participated, with peers evaluating each other’s performance, ensuring an independent and objective ranking.

Carmignac enters private markets with launch of Article 8 PE strategy

The Carmignac Private Evergreen fund will be run as part of a strategic partnership with secondaries firm Clipway

Vontobel to acquire client book from IHAG Privatbank

The transaction is expected to have a positive impact on Vontobel’s group net profit from day one.

IQ-EQ’s Bagshaw: The asset management industry must do more to fuel female success

Caroline Bagshaw highlights the initiatives firms should adopt to move the needle towards better diversity, equity, and inclusion

Citi targets Swiss family offices with ‘highly beneficial’ PM licence

Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.

Wealth Managers turn to technology to address challenges

The study found around three out of four (74%) questioned said they expect to increase investment in technology to help address regulatory demands with 35% expecting a dramatic increase over the next three years.

UK wealth managers and IFAs see rising interest in leveraged exposure

The study has revealed that 85% of UK-based wealth managers and IFAs report that their clients have invested in financial instruments that offer leveraged exposure.

Raiffeisen stamps deal with Soven 1 Holding to sell Priorbank JSC

RBI signs a contract to sell Priorbank JSC to Soven 1 Holding Limited.

Saffery Trust named Trust Company of the Year at 2024 STEP Private Client Awards

The firm was also recognised for its contribution to its community

Deutsche Bank strengthens its comprehensive advisory approach and invests in digitalization

Deutsche Bank remains the bank for clients looking for high-quality advice.

Close Brothers agrees sale of Close Brothers Asset Management to Oaktree

The Transaction is expected to complete in early 2025 calendar year and is conditional upon receipt of certain customary regulatory approvals

Close Brother Preliminary Results for the year end to 31 July 2024

The FCA's review of historical motor finance commission arrangements announced in January introduced significant uncertainty for the group.

Swiss Private Bank Donates Digital Artwork to Kunsthaus Zurich

This immersive artwork is based on glacier data and innovatively visualizes the dramatic effects of climate change.

Asset managers scramble to appease shareholders on strategy

New leaders have no time to lose and those who act quickly could be rewarded, research suggest

Schroders Capital receives approval to launch UK Venture and Growth LTAF

LTAFs are vehicles designed to enable UK investors with longer-term horizons to invest in more illiquid assets, allowing them to take advantage of the robust returns and diversification benefits of private markets.

Newcomer Private Bank Nears 10 Billion Francs Mark

It now appears that this figure is approaching 10 billion francs.

PIMFA WealthTech opens applications for cyber security Tech Sprint

Business continuity and protection for both the organisation and their clients is paramount

Partners Group teams up with Mediobanca Private Banking

The Italian bank’s high-net-worth clients will have access to Partners Group’s evergreen private equity strategy that’s been running for 17 years.

Corum acquires Aargau asset manager

Independent asset manager Corum has acquired Menziken-based Sensusplus.

Wealth and Asset Management