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

Sustainable investing drives £723m rise in Liontrust assets

Chief executive John Ions said the company’s UK Special Situations fund was the fourth best selling fund to UK investors in the third quarter of 2018, and was now £3.9bn in size.

Guernsey is on the map for family office moves

The focus is to move away from areas seen as tax havens to areas with a more robust framework, and a real focus and defensibility around using the locations.

Julius Baer grows 10M AuM by 2 pct

Assets under management at CHF 395 billion – Net new money growth close to 5% – Drop in client activity in Q3 affecting gross margin and cost/income ratio – Enhancing focus on core markets and reducing complexity

Thesis Asset Management launches IFA consultancy service

Thesis Research and Consultancy Service (TRACS)

Intrinsic loses large IFA firm

The firm runs a national partnership of 38 advice firms, which it hopes to grow to 45 by the end of the year.

GAM offers special retention bonuses to managers

Earlier this month the group’s CEO Alexander Friedman stepped down and David Jacob was appointed as interim CEO.

GAM Cuts Jobs in Slim-Down

The number of jobs wasn't disclosed, and appears to be as yet unclear due in part to U.K. labor law.

Wealth manager Murphy creates business advisory unit

Mr Murphy’s brother in law Damian Pike, who was previously in charge of business development at logistics specialist DHL, has been brought in to run the advisory arm

Wealth management firm Acumen acquires West Lancs rival

Acumen has completed the takeover of Wyre Investment and Financial Management, taking on two staff, 400 active clients and funds under management of around £40m

Murphy Wealth named Top 100 Adviser in the UK

We have championed small businesses.

AJ Bell sets minimum offer price for IPO

Major investors Invesco Perpetual and Seneca Investment Managers will take on a 180-day lock-in, as will former AJ Bell employees who still have shares in the company and wish to sell them.

Lancashire firm joins Beaufort Financial

Beaufort has 18 member firms in the partnership, having added five this year, both existing and newly established, while also expanding into Wales last summer.

Credit Suisse Weighs Hundreds of Job Cuts to Reduce Costs

The bank also said that it will continue to invest in talent and seek to grow revenue in wealth management and investment banking.

SJP's sales process under fire

SJP argued the main features and benefits of EIS were outlined in the fund fact sheets but Mrs H said she hadn't been given any sheets at the time of the meeting.

Multi-family office partners with Edmond de Rothschild

EOS comprises the Edmond de Rothschild portfolio management and distribution management system, based on leading market solutions, Simcorp Dimension and Microsoft Dynamics.

HSBC introduces two sustainable multi-asset funds

To be made available from this month, the two portfolios will seek higher average ESG score as well as lower portfolio carbon intensity than the market.

Mariner Wealth Advisors to acquire Patriot Wealth Management

As per the agreement, Patriot will become a unit of Mariner Wealth Advisors from 1 January 2019.

Jersey firm launches London private office

By harnessing the expertise of our global team, working with trusted partners and bringing some cutting-edge innovations to the family office space, JTC Private Office can help cement our position as a market leader.'

Santander Private Banking, named ’Best Private Bank’ in Spain by The Banker magazine

The award recognizes the advantages of a specialized advisory model offered to private banking clients in more than nine countries.

Client assets fall at EFG

As of 31 October 2018, Assets under Management were CHF 140.1 billion

Wealth and Asset Management