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

UBS Against Wall Street: The Race for Market Cap

The increase in value over the past few months means that UBS is now trading at a price-to-book ratio of 1.1. Morgan Stanley

Traditional Geneva house attracts fund managers from CS

The departures include Valentin Petrescou , currently head of global fixed income strategies at Credit Suisse

Ardevora to stop managing money for external investors

Capital will be returned to all clients

Four Trends That Will Shape the Wealth Management Sector in 2024

As firms navigate the post-pandemic era with highly connected clients, digital readiness will be a critical focus area in shaping the path forward in 2024.

Royal London expands £2bn multi-asset range following IFA demand

The asset manager is boosting its GMAP range with a mid-risk portfolio on the back of adviser feedback.

Ninety One addresses shareholder dissidents from AGM

Concerns over ‘dilution of rights’

Hungary’s Private Banking Sector Flourishes in 2023

On the other hand, entry limits for new clients remained largely unchanged, barring a few specific institutions that made slight adjustments.

Mercier Van Lanschot: A New Titan in Belgian Wealth Management Market

This unification has propelled the new entity to become one of Belgium’s leading private banks, managing €10.5 billion in assets as of the third quarter of 2023.

Coutts: 2023 Year in Review

Investment Outlook 2024

Former Vontobel star is now focusing on the Middle East

What convinced him about the region were the business-friendly approaches of the local governments and their plans to break away from their dependence on oil.

Mattioli Woods joins forces with T Rowe for income model portfolio

The firms see an ‘exciting opportunity set’ on offer in income-producing assets following a prolonged period of low interest rates and yields.

What is a family office?

A family office is a private wealth management advisory firm that serves ultra-high-net-worth individuals and families.

Schroders launches multi-asset Article 8 fund with ILS component & HSBC reach

The idea is to deliver “an attractive and resilient income stream” through investments into a diversified portfolio of assets, including alternative asset classes.

Baloise boss has an open ear for activists

The insurer's CEO is now quite calm about the request.

Cambridge CEO finds his financial future in private wealth management

Olly Phillips, former Managing Director at Cambridge firm Brown Shipley, has joined the board of KMD Private Wealth Management.

Schroders collaborates with HSBC to launch multi-asset income fund

Additionally, the fund seeks to offer capital growth opportunities while effectively managing thematic variations and market volatility.

How private equity bosses become wealth management clients

As private equity firms grow assets, staff lack the time to look after their own wealth. Private bankers see opportunity here.

Swiss banks optimistic about immediate future

The Swiss banks are doing better than they have for a long time.

St. Galler Kantonalbank is also pushing forward business in Germany

As we learned, Germany is an important growth market for the state institute.

Odey Asset Management partners pocket £64m in last payout before wind down

The payout will be split between the partners, with one member alone set to take £28.6m of the total profits.

Wealth and Asset Management