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

HL Multi-Manager breaks into top 10 thanks to UK income

The Hargreaves Lansdown Multi-Manager Equity & Bond Trust has broken into the top 10 in its sector with a three-year performance of 27.53 per cent, Morningstar data has shown.

UK asset managers can boost competitive edge with more transparency

The growing consensus that more can be done to ensure clients’ funds are used fairly reflects a wider cultural shift across financial services.

London is a whole new world as foreign wealth finds home

Traditional communities are dying out because many streets in “prime” parts of London house barely a single British resident

Societe Generale Securities Services launches complete AIFMD reporting package for asset managers

This new offer responds to the different needs of its asset management clients, allowing them to concentrate on their core investment activities whilst ensuring they are fully compliant with AIFMD.

Heir today, gone tomorrow - Close Brothers Asset Management

Affluent Britons set to leave loved ones with unexpected inheritance tax bills

Swiss fund manager slashes prices in UK strategy rethink

Swiss fund manager is aiming to firmly establish itself in UK after pricing overhaul

Bellpenny teams up with Charles Stanley for MPS access

Bellpenny's advisers can now access a suite of low-cost model portfolios through a partnership with Charles Stanley.

Credit Suisse Bankers Face Delay To Bonuses

Hundreds of London-based bankers face having to wait until 2021 before they can cash in on bonuses awarded two years ago following an intervention by regulators.

How much are they charging? New research reveals what the big firms cost

New research has highlighted the wide variance in fees charged by large wealth managers and adviser firms.

Aberdeen CEO says no plans to move HQ

The head of a major Scottish fund manager, Aberdeen Asset Management said the firm has no plans to relocate its base in the face of a forthcoming referendum on Scottish independence.

Rathbones, Close & Brown Shipley in bidding war for Jupiter wealth arm

The race for Jupiter’s wealth management arm now stands between Rathbones, Brown Shipley and Close Brothers Asset Management.

Private Banks Offering Best Family Office Services Announced

As private banks increasingly court the lucrative family office market, a peer-reviewed survey has ranked UBS the top provider for the lucrative customer segment.

Lombard Odier rolls out multi-strategy funds for private clients

Monier says: “Traditional approaches can over-expose investors to equity risk and may not be dynamic enough to cope with today’s markets. By balancing risk with a diversified approach, we aim to keep clients’ portfolios balanced and not

Barclays Wealth team moves into new offices

"We are well placed to advise across a wide range of circumstances: from entrepreneurs looking to take the next step with their business or families seeking support on inheritance and succession planning."

StanChart set to sell Swiss private bank

Standard Chartered is looking to sell its Swiss private bank as part of its plan to get rid of several non-core businesses as it sharpens its focus on Asia, Africa and the Middle East.

BNP Paribas profit hit by US sanctions probe

BNP Paribas, France's No. 1 listed bank, reported a 76 per cent drop in quarterly profits on Thursday after booking a US$1.1 billion litigation provision in case it faces fines for breach of U.S. sanctions.

Pimco seeks Nama’s €4bn Northern Ireland property portfolio

The approach, which has been quietly in the works since before Christmas, could trigger a bidding war for Nama’s NI property portfolio among a select number of the world’s largest property funds.

Dexia Asset Management rebranded following sale

The change in name follows the confirmation of the sale of the Franco-Belgian bank’s asset management unit to New York Met Life Investments earlier this month.

Oddo AM launches strategic corporate bonds fund

This will see it focus on bonds with a credit quality of BBB- to AAA, while also having the ability to allocate 10% of its assets to high yield and non-rated bonds.

Rothschild hired for TSB flotation

TSB, the UK retail bank preparing for a spin-out from Lloyds Banking Group, has hired Rothschild as an independent adviser ahead of a spring IPO.

Wealth and Asset Management