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

Julius Baer Still Hasn't Turned a Profit in Germany

When he said that he wanted to return first profits on a monthly basis as early as 2014, he met surprise.

Boutique asset managers set to merge forming $2.3bn business

The firms said that 'in line with the shared boutique philosophy', the combined business will remain employee owned.

Wealth manager hits the acquisition trail again

The acquisition is expected to contribute approximately £170,000 of recurring revenue to the company.

Mattioli Woods eyes more buys as assets hit £8.3bn

Gross discretionary assets under management have reached £2 billion, up from £1.6 billion in the figures released in September.

Ascot Lloyd Bellpenny acquisition revealed

The acquisition is the first since Bellpenny and Ascot Lloyd merged last July

Coutts staff hit ambitious charity goal

In celebration of the company’s 325th anniversary, Coutts set itself the ambitious goal of raising at least £325,000 for its staff charity in 2017.

Federation of European IFAs hits 50 firms

The Federation of European IFAs has grown its membership to 50 with the recent acquisition of three new firms.

Investec sees £3.5bn inflow in wealth arm

The firm’s discretionary funds under management rose 20.9% to £26 billion

Brewin Dolphin PT Raised to GBX 365 at Canaccord Genuity

Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock.

The 10 Worst Clichés of Wealth Management

We win if you win.’ ‘We treat your assets as if they were our own.’ ‘We put client interests first.’ And more.

Chase de Vere boss warns of restricted influence

"We have continued to try and generate positive media coverage, in particular to promote the benefits of independent financial advice."

Tilney goes on adviser hiring spree

Tilney Group was created by the merger of Tilney and Bestinvest in May 2014.

PrivatBank hires Rothschild's partner in Ukraine to sell 46.5% stake in AS PrivatBank Latvia

The partner will also have to prepare and accompany a future deal.

LLB to buy Austria’s Semper Constantia Privatbank for €185m

LLB also proposed the name of Karl Sevelda, Semper Constantia chairman, as its new board member.

BlackRock takes 5% stake in wealth consolidator

‘We see the continuing support of BlackRock and other institutional investors as a vote of confidence in the group and our strategy'

Funds Beyond Europe - Jersey Finance

In addition to Jersey’s renowned risk management expertise for funds, new international governance requirements for hedge funds also make Jersey an ideal place from which to conduct business.

Notice of PreClose Trading Update

Update for the half year to 31 January 2018

Rathbones’ Thomson slashes UK exposure

Rathbones’ Global Opportunities Fund has dropped its UK exposure from 25% to 7% over the past year.

Stonehage Fleming makes emphatic return to profit

The full year accounts revealed for the first time that FF&P had been acquired for £1.4 million.

Old Mutual strikes £600m asset management sale deal with TA Associates

The Single Strategy business has £25.7bn in assets under management.

Wealth and Asset Management