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

Schroders scraps income target for real estate trust

The change has come about after a review of the trust's investment policy by Schroders, with shareholders voting in favour of the change at its annual general meeting on 14th October.

Wealth manager seeks acquisitions ahead of pension reforms

Consolidation within the wealth management industry will be driven by how well prepared firms are for the opportunities presented by next April’s at-retirement reforms

Third consecutive win for Deutsche Bank Channel Islands custody business

Deutsche Bank's sophisticated custody business in Jersey and Guernsey has been recognised for the third consecutive year at the Custody Risk European Awards, which were held in London last week.

Citywealth recognised for services to women in business

Citywealth has won a Silver 'Stevie' Award for its work with women in business.

Wealth management consultancy service predicts ascendancy of active management

Wealth management consultancy service has forecast a return to active managers beating passive funds in the next five years.

RBC appointed custodian for Spanish banks

The appointment by Banco Caminos, Banco Mediolanum and Banco Madrid is an important development for us in Spain

Wealth managers face ‘sweeping changes’

A lack of trust among rich clients is leading investors to hold more money in cash and bypass wealth managers altogether by investing directly in property and private equity.

Pictet looks to expand in London

Geneva-based private bank Pictet is planning to double the size of its team in London.

Swiss bank Syz to open assets arm in Scotland

The opening of the Edinburgh office fits within the framework of SYZ Asset Managements expansion in the UK, which is one of its priority growth markets.

Geneva-based private bank looks to expand in London

Geneva-based private bank is planning to double the size of its team in London.

Guernsey fiduciary specialist wins STEP Founder's Award

Now in their sixth year, the awards take place annually and recognise individuals whose long-term contribution to the society has gone above and beyond what is expected of a member.

Efficiencies Needed to Support Europe's Wealth Management Growth

This means front line productivity and operational efficiency need to be further increased to address industry-wide cost increases and declining revenue yields.

Wealth manager admits adviser interest in DFM ‘slow’

Adviser interest in Charles Stanley’s discretionary fund management model has been “slow” because its “different concept” is not what advisers are used to, the firm’s wealth management director admitted to FTAdviser.

European Wealth makes double acquisition

European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.

Swiss Banking Refuge Brings No Solace to Espirito Santo Clients

When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them.

Epoch Named One Of UK’s Top 100 Financial Advisers

Bath-based Epoch Wealth Management has been ranked one of the UK’s top 100 independent financial advisers by respected industry magazine New Model Adviser.

UBS Agrees to Sell Belgian Private Banking Business

The Swiss bank manages more than 3 billion euros in assets and employs 60 staff, including 20 private bankers

Spanish Family Office Starts New Hedge Fund

Registered a new hedge fund in Spain that will invest in three to 10 hedge funds.

Clarkson Wayman Ball outsources investment to Brooks Macdonald

Brooks Macdonald Asset Management has agreed a strategic alliance with IFA firm Clarkson Wayman Ball to offer its investment management portfolios to advised clients.

'Tomorrow - the world': Stonehage and FF&P on their merger, their future and whether they're more like Harrods or Westfield

Spear's got one of the first interviews with the heads of the new business and took the chance to ask them what it meant for their clients and for the industry at large

Wealth and Asset Management