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

HNWIs more altruistic than advisers think

High net worth individuals are more altruistic than wealth advisers think, according to a global study published by Liechtenstein-headquartered private bank Kaiser Partner.

Aberdeen crowned best group in the What Investment Trust Awards 2012

Aberdeen had the largest number of trusts achieving first quartile performance in their sectors over ten years, as well as a number of stand-out performers.

Preserving wealth most important aspect of managing investments - study

The study, which focused on three key topics -- structure, investing, and succession and governance planning -- was conducted to find out more about what motivates family offices and to provide a collective insight to help family offices learn from each o

Manchester United: Step aside, billionaires

Professional sports franchises are often discussed in the context of money – player contracts, labour disputes, purchase prices and the like.

Barclays resignations rattle U.S. wealth unit

The venerable British bank was halfway toward completing a $500 million, five-year plan to build a brokerage franchise aimed at wealthy Americans when Robert Diamond, the Massachusetts-born chief executive who authorized the plan, resigned.

What does responsibility mean to the wealthy? - Research

New insight from hundreds of HNWs across Germany, Russia, the UK and the USA has engagement with the major driving forces of change as a wealth of creating wealth.

Embarrassing moment for Coutts customer

Coutts is the private banking arm of Royal Bank of Scotland and asks for a £1million deposit to open an account.

Credit Suisse Seeks $321 Million Selling Part of Aberdeen

The Zurich-based lender is selling as many as 80.4 million Aberdeen shares for 245 pence to 255 pence each, a discount of as much as 7.4 percent to the closing price today, said the people, who asked not to be identified because the process is private.

Sir David Money-Coutts

It was Thomas who established the firm’s reputation as private bankers to the aristocracy, and secured its royal connection.

deVere Group launches Italian office

The Group aims to have 100 offices worldwide within the next five years.

Dexia AM presents its asset allocation outlook for the second half of 2012

The situation is still precarious. Any excessive disappointment could send us into a new cycle of stress, which is the main driver of negotiations in Europe. The psychological battle between countries is feeding the rumour mill and heightening market vola

The RDR Inquiry - 2plan wealth management research

The White Paper, entitled, ‘The RDR Inquiry’ was independently commissioned and not designed to reflect the opinions of 2plan or its members.

IFAs realise value of having access to a broad range of cash deposit products on wrap platforms - Research

“The role of cash deposit products/rates on wrap platforms will change substantially over the next few years. It is up to those IFAs to spend more time on this element of a portfolio to potentially gain a significant advantage for their client.&rdqu

Heartwood to offer model portfolios via Novia platform

Heartwood has announced that it will be offering its model portfolios via the Novia platform.

Coutts creates framework to align job roles globally

Coutts has created a global career framework that clearly defines career levels and job roles to make its reward and pay more transparent across 12 countries.

Former consultant takes over financial adviser Dunedin's assests

The remaining assets of a collapsed independent financial advice firm in Glasgow have been taken on by one of its former consultants.

Wealthy Swiss Hoard Cash, See Doom for Euro

In Switzerland, 58 percent of private banking clients have lost confidence in the financial system. Forty-four percent worry about inflation.

Axa Wealth to facilitate adviser charging on all products

Under the FSA’s adviser charging rules, it will be possible to deduct the advice fee from funds held within the investment product.

Lombard Odier to Meet Target as Swiss Banks Lure Spanish Funds

Client inflows will at least match last year’s 7.2 billion Swiss francs ($7.4 billion), helping to maintain profitability, Droux said in an interview in Solothurn, Switzerland. The bank is targeting 7 billion to 8 billion francs, he said.

Vatican’s bank moves to lift veil of secrecy

It was an effort to demonstrate the Vatican’s latest attempt at modernity and transparency – and came just before a key meeting next week of international anti-money laundering experts.

Wealth and Asset Management