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

Schroders trust nears end of Woodford hangover

While some investments under performed, other bets paid off.

EFG International Sells Swiss Retail Arm

The transaction will allow our retail clients to benefit from the dedicated services of BancaStato.

Annual Financial Report - Close Brothers Group

The Annual Report will be sent to shareholders on or around 15 October 2020, together with the Notice of Annual General Meeting.

Tiny Jupiter UK Growth to wind up after admitting it’s too big a challenge for Buxton

Today they jumped 3.6%, or 6.25p, to 180.8p - narrowing their 12% discount to net asset value - after the board stated it was minded to liquidate what was left of the company and return shareholders their cash.

Family Office Sector Consolidates as Schroders Acquires Sandaire

Schroders obtained Sandaire, for an undisclosed sum, as part of the group’s efforts to grow its stake in the UK’s ultra-high net worth community.

Ogier advises on acquisition of stake in Advisa Group

Ogier provided initial structuring advice and assisted with the implementation of the transaction, including the drafting and review of the principal transaction agreements.

Time flies by Rathbones

There’s so much going on that it can seem like nothing in isolation makes any difference.

A feeling in my bones, move like a rolling stone

Investors can write some insurance instead, since insuring the downside in stock markets is still invitingly priced by options markets.

WeekWatch by St. James’s Place

The government’s goal is to reduce its spending on job support schemes while also limiting damage to jobs and the economy.

HSBC struggles to escape as the dragon and the eagle bare claws

Though the list itself is yet to be published, speculation is mounting that HSBC, a big player in the dollar clearing market, could be on it.

Slippage in September By Gary Dugan

The global economy and markets continue their correction from the strength seen earlier in the summer.

Ocorian acquires Newgate Compliance

The deal, which was agreed on 22 September, is subject to regulatory approval.

Whisky investment fund manager partners with InvestaX

Gaining exposure to such a regulated real asset investment is exceptionally rare, but InvestaX will work with Wave to make more accredited investors aware of the opportunity and risks.

RBC takes £9m stake in Brooks Macdonald

According to stock market filings, RBC bought a 3.1% stake on 23 September when the stock was trading at an average price of £18.10.

Investec expands MPS offering for advisers

Firm hopes it will be ‘attractive’ to existing IFA partners and intermediary companies

Chancellor’s Winter Economy Plan

A raft of new measures aims to prevent huge job losses after the withdrawal of the furlough scheme

Schroders plans £250m UK public/private trust less than a year after landing Woodford mandate

Schroder UK Public Private co-manager Tim Creed jumps on board for trust with similar investment universe

Zurich digital WM CEO: ‘We want to be the main provider for retail investors’

‘Roughly two thirds of customers invest for the first time. They often will not invest all of their money in us,’ he said.

SFAMA and AMP Switzerland to merge

The former chairman of the AMP and president of SFAMA is president of the new association.

Jersey wealth managers merge

As UK financial planning firm agrees eighth M&A deal of 2020

Wealth and Asset Management