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

New-look Towry at a turning point

The acquired business, which advised more than 4,500 private clients and held more than £1.5bn of client assets, was another step in Towry’s ambitious acquisition plans.

WMA doubts RDR's future in a MiFID europe

There are differences between RDR and MiFID, such as their definitions of independent advice

Liverpool financial planning firm W&A says ordinary people are being penalised by 'crumbling' care system

Wilcocks & Associates helps Liverpool savers protect £2.5m in assets and ponders merger with law firm

Schroders’ Global Multi-Asset Income fund surpasses $5 billion in AUM

This milestone highlights the continued strong demand for income from clients globally, particularly given the sustained environment of moderate economic growth and low interest rates, coupled with the trend of an ageing population globally.

Hyde Park Barracks inspected by Abu Dhabi wealth fund

Middle Eastern investors show interest in the home of the Household Cavalry

Deutsche Bank’s asset arm plans to power up in Londona

Deutsche Bank’s asset management arm is planning to double the number of financial professionals it employs in London to 600 over the next five years.

Natixis unveils high conviction global equity fund

Today’s financial environment gives UK investors great flexibility over their pensions and savings

Biggest Wealth Fund Forms New Real Estate Group

The new executives will have key roles in implementing a new organizational structure

Goldman plans wealth mangement push

Goldman Sachs is expanding its European wealth management business to offer loans to rich clients in a move that is taking it further into the domain of centuries-old private banks in Europe.

Luxembourg eyes Europe bridge

Gramegna also said Alipay, a major online payment platform in China, would set up its European entity in Luxembourg following other Chinese financial companies.

European Wealth increases FUM

European Wealth's funds under management and influence grew by 24.2% to around £0.82bn in the six months to the end of June.

Succession and Vestra launch on-platform DFM

National adviser company Succession has teamed up with Vestra Wealth to offer an on-platform discretionary fund management service for its advisers, Simon Chamberlain has confirmed.

Gemini Wealth Management makes 7th acquisition

This takes the total number of acquisitions and recruitments to 7 since its inception in December 2006.

Luxembourg seeks increased financial cooperation with Singapore

Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.

Liontrust sees £190m net inflows in Q2

This was down from £302 million in the same period last year, although £179 million of that figure was down to the launch of its credit strategy.

Bethmann Bank to extend services to EAMs

Frankfurt-based Bethmann Bank has announced that it will extend its existing range of services to external asset managers (EAMs).

Performance review: How Coutts’ Higgins is preparing for 10% US correction

Coutts’ chief investment officer Alan Higgins said tightening by the US Federal Reserve next year could result in a 10% correction in US equities, which investors should view as a buying opportunity.

UK wealth management group underlying earnings up 37%

Revenue was down at £31.5m from £32.6m but underlying earnings before interest, tax, depreciation and amortisation rose to £3.78m from £2.76m and the pre-tax loss of £2.0m was down from £2.5m last time.

Mattioli Woods reveals client assets up 27%

These are significant milestones, marking the next phase in our development as a 21st century financial services business

Plymouth wealth management firms merge

The business now has nine qualified and independent advisers

Wealth and Asset Management