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

Weekly Close Up - Close Brothers

The sunny days have put me in a more literary mood. ”Now is the winter of our discontent made glorious summer” Richard III once famously announced.

114K UHNW individuals relocated to UK over past decade

Last year, 15 people per day joined the ranks of ultra-high-net-worth individuals

Schroders unveils flexible catastrophe bond fund

The fund primarily focuses on natural catastrophe risk and gains exposure through investments in cat bonds.

Private equity firms circle £100m 7IM

Private equity firms are circling Seven Investment Management and could value the wealth manager at over £100m, Money Marketing understands.

The grapes of wealth

Guests were given the background to a carefully selected wine from each chosen area by sommelier Jonathan Simpkin

ABN Amro Transfers India's Diamond, Jewelry Activity to IndusInd Bank

ABN Amro agreed to transfer diamond and jewelry activities in India to IndusInd Bank Limited. These business activities were being conducted under cohabitation with Royal Bank of Scotland in India.

Charles Stanley Reveals GBP16 Million Fundraising

The company is looking to focus entirely on wealth management, meaning that the main parts of its securities and employee benefits businesses are up for sale.

New Global Business Network Makes a Strong Start With Highly Accomplished Member Base

The Marque is rapidly building a powerful membership base in London, with growing interest in business capitals across the world.

Expect exodus from large wealth managers to continue

Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.

CEO of world's biggest sovereign wealth fund turns to Africa for profits

Norway's sovereign-wealth fund is pouring a bigger share of its cash into Africa in a bid to capture some of the fastest growth in the global economy.

Vontobel eyes further growth after missing out on Meriten

Vontobel Asset Management has revealed it will seek further growth opportunities after talks to take over Meriten Investments ended unsuccessfully.

Bellpenny buys Winchester-based wealth firm

The acquisition is Bellpenny’s 25th, involving 100 active clients and £31m of funds under management.

Panmure Gordon to close Liverpool office

Panmure’s move emphasises the pressure on boutique brokers despite the recent health of Aim.

OECD Tax Policy expert added to Jersey Finance private client London conference programme

The conference, entitled ‘Mapping the Future’, will take place on Wednesday 13 May

Beware the risks before investing in the booming art market

The global art market is booming, but investing in art comes with considerable risks. Should you take the plunge?

Increasing number of hedge funds converting to family offices

Mounting regulatory and operational costs are prompting a growing number of hedge funds to convert their businesses into family office structures, according to Citi Private Bank.

RBS Coutts second bank in Singapore linked to 1MDB, says paper

Singapore's Business Times today said it had obtained documents confirming the involvement of another bank in the island state with 1MDB

Award for London-based wealth management firm

The silver standard is achieved by just 6 per cent of Investors in People-accredited organisations.

Cristiano Ronaldo could be set to become the new international face of leading Swiss Private Bank

If ongoing negotiations between the bank and the Portuguese footballer's agents come to fruition.

Siegel+Gale Unveils a Unified Brand Platform for Sandaire Investment Office

"Drawing on their founding purpose - to simplify matters for their clients - we worked with Sandaire Investment Office to align their communications and interactions with clients and each other," said Liana Dinghile, group director, strategy at

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