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

Revealed: Evelyn's £12m bill for triple adviser swoop

Evelyn paid nearly £12m to acquire three adviser businesses last year, the latest set of accounts for Tilney Smith & Williamson reveal.

Lombard Odier reports half-year results for 2022

Operating income for the first half of 2022 was CHF 689 million, down 4% from the first six months of 2021.

JO Hambro Capital parent accepts $2.5bn Perpetual bid

Citywire Australia: The merger creates a global asset manager with combined funds under management of $201bn.

Strategic partnership - ETH and UBS launch partnership to promote innovation and entrepreneurship

UBS will also make a donation of up to CHF 20 million to support the construction of a new ETH building on the Hönggerberg campus.

Lombard International sells US and Bermuda business

In Europe, as the largest provider of insurance-based wealth, estate and succession planning solutions, our sights remain set on further growth and continued market expansion.

Abrdn on brink of FTSE ejection

The asset manager could be dropped from the FTSE 100 next week, after its share price dived this year.

Finitor Wealth snaps up two advice firms with PE backing

FMB is a second-generation family business with eight advisers in Kendal, Cumbria and more than £250mn AUA.

LGT Wealth partners rake in £25m as profit near doubles

Partners at the wealth manager were able to split £24.7m between them as pre-tax profit near doubled to £42.2m in 2021.

Why are UK takeovers on the up again?

UK companies continue to draw takeover interest, especially from private equity firms. We look at why this is happening and which sectors may be most attractive for potential buyers.

Strategy blog: Inflation and growth

Another bad UK CPI doesn't help…

Strong growth at UK private bank Hampden & Co with record H1 results

The bank benefitted from strong demand for its range of deposit, lending and day-to-day banking services.

Quilter signs sponsorship deal with Girls Are Investors charity

Gain was set up by investment professionals to champion diversity in the workplace and encourage more young women into the financial services industry.

UK inflation rises to 40 year high

In July UK CPI hit its highest level in 40 years. Unfortunately, it looks set to continue its march higher in the coming months.

How can external asset managers continue to be entrepreneurial?

For more than 30 years, services to external asset managers have been an important and strategic activity for Lombard Odier, with more than 70 employees working for EAMs and multi-family offices today.

Vontobel boutique CIO: ‘I wouldn’t pay $20 for all the crypto in the world’

Matt Benkendorf urges investors to ditch shiny new fads from list of long-term investible ideas.

7IM ‘makes progress’ with portfolio decarbonisation

7IM announced that it has moved its Moderately Cautious AAP and Multi Manager Funds from the IA Mixed Investment 0-35% Shares sector and into the IA Mixed Investment 20-60% Shares sector.

Details on the issue of the Credit Suisse Real Estate Fund LogisticsPlus

The issue price per unit is CHF 108.00 net with a net asset value of CHF 105.60 per unit.

M&G mulls expanding hybrid advice service into banks

M&G Wealth's managing director David Montgomery told FTAdviser: “We would look to deploy our hybrid advice service to firms which have customers looking for support but that don’t provide advice.

Lombard Odier to open a new office in Verbier, Switzerland

Verbier is a dynamic centre of activity where many of our current and future clients have a permanent place of residence or a holiday home.

Campbell Thomson is Verso’s first Scots deal

The deal advances Verso’s plan to build a national wealth management group and takes its assets under management to more than £1 billion.

Wealth and Asset Management