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

Barings awarded RQFII status

The asset manager received a quota under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.

Coutts launches pilot scheme that enables customers of the bank to video call their advisor

Customers will be able to speak to several advisors from across the Bank simultaneously and also invite other parties such as joint-account holders additional account signatories or even external professionals to join.

Low-cost ‘large mortgage’ service launched

A large mortgage advice service has been launched to counter high arrangement fees for more complex mortgages, Chris Morgan, lead financial adviser at Unusual Risks, has announced.

Saunderson House sponsors the Global Law Summit

It is supported by organisations including The Law Society of England and Wales, The Bar Council, ComBar, Ministry of Justice, TheCityUK and UKTI.

Intesa targets private banking, asset management acquisitions

Italy's leading retail bank Intesa Sanpaolo wants to boost its private banking, asset management and insurance businesses, including through acquisitions

Diamonds are forever

Top reason for borrowing against wedding rocks includes to cover divorce settlement costs

Will foreign firms lead the next M&A wave in wealth management?

There has been no let-up in merger and acquisition activity in UK wealth management in 2014.

Cornish IFA expands services

Helston-based independent financial advice firm, Atkins Ferrie Wealth Management, is extending its services to include mortgage advice for the holiday home market.

Aberdeen to fix the operating costs across its fund range

The asset manager has proposed to fix the “operating, administration and servicing expenses” on its funds, which are not included in the annual management charge (AMC) but are included in the ongoing charges figure (OCF).

Traditional alts hubs squeezing out smaller players, survey finds

Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study

Expansion of family-office industry leads to blurring of distinctions

Here’s a question: what is a family office anyway?

Corporate and fund services provider reports significant growth in its Luxembourg operations

The overall framework it now has in place enables Crestbridge to support managers through its ManCo service for a broad range of strategies, encompassing both UCITS and AIFs.

122 Tons of Gold Secretly Repatriated to the Netherlands

The trend towards gold repatriation began with Hugo Chavez bringing Venezuelan gold back to Caracas in 2011

Call for minimum advice fee to replace assets threshold

FTAdviser showed that advisers agreed £50,000 was a realistic threshold for new clients.

Signia Wealth's hedge fund assets breach £500m

They boosted the hedge fund team with the hire of Michael Rosenthal, global co-head of hedge fund Investment at Amundi Alternative Asset Management, back in March.

Asset management industry “already moving to centre-stage”

Europe’s asset management industry is already in the process of moving to centre-stage not just within the financial services industry but in the broader economy, delegates have been told at PwC’s 15th annual European Asset Management Conferen

Schroders brings £4bn global multi-asset fund to UK

Schroders is opening its giant global multi-asset fund to UK investors to offer people a retirement solution in the radical overhaul of the pensions market.

SPEAR'S Awards to Select Bankers for Millionaires

The names of the winners will be officially made public on 4 December at the Mossovet Theatre in Moscow.

Coutts UK to be ringfenced from overseas sale

Royal Bank of Scotland will categorically rule out a potential bid for the whole of Coutts, its wealth management arm for affluent individuals, from Italian domestic lender Intesa Sanpaolo.

Barclays planning 20% headcount increase in MENA

The message coming out of the bank’s wealth and investment management division in the Middle East and North Africa (MENA) region is very different. Barclays is hiring, and it largely wants to attract senior people.

Wealth and Asset Management