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

Diary of a Fund Manager- Imagine

Back in business for the first full week of the year, investors had plenty of news to react to.

Credit Suisse's American Temptation

Several big U.S. bank CEOs are desperate for growth, especially in lucrative, steadier wealth management activities.

Liontrust chief on the competitive edge of small asset managers

John Ions has built momentum with a string of acquisitions but argues size isn’t everything in the fund industry

LGT Vestra's Sustainable Model Portfolio Service added to two new platforms

The SMPS is a discretionary investment service offering a range of diversified portfolios, which meet a variety of objectives across five risk profiles.

Review of the week: A Christmas like no other

Breakthroughs on Brexit and COVID-19 collided with political strife and big moves in bond yields.

Silver Linings Even in Adversity

Economists who had only recently been increasing their forecast for fourth-quarter global GDP growth are now cutting back their forecasts for the first half of 2021.

Reasons to be Cheerful in 2021

Pharmaceutical companies are clearly at the centre of public attention at present, with news on vaccines encouraging markets and the global population to look forward to a better 2021.

Carey Olsen advises Sun Venture on Jersey Private Fund facilitating the UK's largest real estate acquisition of 2020

The Carey Olsen corporate team was led by Jersey partner, Chris Griffin, assisted by Singaporean-based senior associate, Susan McKinstray.

Why the self-employed should consider income protection

Income protection can shield you should the worst happen

Wealth managers end 2020 rollercoaster in the black

After one of the biggest drawdowns in history, wealth portfolios ended the year in positive territory as markets surged back, according to Asset Risk Consultants.

Credit Suisse to add $850m to US provisions

Swiss bank to post a fourth-quarter loss after extra charge for US litigation

‘Significant number’ of firms could fail this year

It says it has been “rapidly increasing” the data it collects on regulated firms and last year sent a survey to 23,000 firms to get a picture of their financial resilience during the pandemic.

Odey Asset Management performance fee revenue shrinks to just £900k

Results do not cover the period during which Crispin Odey was charged with alleged sexual assault

The inheritance challenge facing women in the sandwich generation

How to make sure that all the family get the best out of inheritance planning

VP Bank (Luxembourg) SA completes acquisition of Private Banking of Öhman Bank S.A. in Luxembourg

This transaction in the form of an asset deal was successfully completed as planned on 1 January 2021.

2021 UK and Global economic outlook

The report finds that the unprecedented nature and size of the economic shock could negatively impact family planning.

Quilter offers bonus for moving assets onto ‘matrix’

This was cross-examined by a High Court judge, and Quilter did not dispute the finding that it offered a “matrix bonus” of 0.065 per cent of moved clients’ assets into its Core Investment Proposition.

Quilter readies for final platform migration in February

Last year the company moved to split the second part of its migration into two phases in a bid to manage logistical constraints presented by the coronavirus crisis, with the final of these stages scheduled for next month.

Financial Planner receives MBE

John’s fundraising efforts have helped raise more than £1 million, and he said he was stunned when he received an email about the New Year honour.

Global network enters UK market with IFA acquisition

It has wasted no time in getting a foothold in the UK after announcing in December 2020 that it had purchased three Australian advice firms.

Wealth and Asset Management