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

UBS WM splits European business into two units

She added that the regulations are tighter in southern Europe, which justified the new set-up.

LGT Vestra to be headline sponsor for EY Entrepreneur Of The Year

LGT Vestra is delighted to support the programme as UK headline sponsor for the second year.

GAM reports increase in AUM

The Group's focus remains on delivering on its strategic priorities and achieving its targets over the business cycle.

Insider vs Outsider: Battle for private banks' new CEOs

Selection of a CEO doesn’t happen through a formula or a lucky draw. A lot of inputs go into selecting the leader

Wealth boutique to launch multi-asset ETF portfolio

The investment management fee on the portfolio is 0.5% plus VAT.

Asset manager Jupiter hit by clients withdrawing money and negative market conditions

The majority of outflows came from retail investors taking money out of the company’s fixed income offering including its Dynamic Bond Fund.

Progeny launches adviser-only ETF

A multi-asset ETF product that is only available through financial advisers has been launched by Progency Asset Management.

Another Dutch Bank Under Fire Over High Pay Increases

The bank employs 1,685 people, is worth around 14.7 million euros, and is one of the smallest listed companies on Amsterdam's stock market AEX, according to the newspaper.

HSBC reportedly to combine UK and Switzerland private banking units into single entity

The Financial Times said Chris Allen, who runs HSBC's private bank in the UK, Channel Islands, France and Germany will become the head of private banking for Europe, the Middle East and Africa

Client funds at Charles Stanley slide 4%

A net 7.9% increase in discretionary funds over the period was a positive, the group said.

UBS Wealth aims to capture “impact delta” in sustainable portfolio

The “ESG Engagement Equities” strategy is being managed by Hermes Investment Management.

J. Safra Sarasin announces a new brand for Asset Management

This new brand better reflects the importance of our asset management business and what we stand for

HSBC merges European private banks as it gears for growth

He has been at the bank for 12 years in a series of senior roles, including UK market head.

Getting rich, travelling and avoiding debt – new research shows Brits’ top financial priorities

This is most acutely felt among those imminently facing retirement, with 64% of people aged 55-64 believing saving should start in your 20s.

German institutional investors have faith in emerging markets

In high-yield bonds in emerging markets, more than 28% had a positive outlook.

HSBC Private Bank creates new EMEA structure

The move brings together its operations in the UK, Channel Islands, France, Germany, Switzerland and Luxembourg into one regional structure.

Mining for millennials

By 2020, the aggregated net worth of global millennials is estimated to hit between $19tr and $24tr

Ermotti Says Swissness Is Key for UBS Staying No. 1 in Wealth

Ermotti’s comments tempered his previous remarks made in a Bloomberg Markets interview last year.

Here comes Citi ...

The first-quarter results are expected to be smoother and more constructive for banks in general.

Coutts launches private networking site exclusively for clients

The only, yet important entry criterion is that the user must be an existing client of the private bank.

Wealth and Asset Management