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

Aberdeen chief predicts long hot summer of revolt over top pay

Martin Gilbert has accused the pay committees at some leading companies of stubbornly failing to consult shareholders

Brewin Dolphin to tap ‘DIY savings’

The wealth manager, which declined to comment on plans for a new service, said in its year-end results for 2013 that “there is growing demand for a simplified, lower cost service.

Might Xavier Rolet hold on to Russell’s fund management arm?

But in his five years as head of the LSE, the Frenchman has established a record of diversification.

Hedge funds in worst start to year since financial crisis

Lansdowne Partners, Odey Asset Management and Brevan Howard are among the stellar hedge funds to have had a poor start to the year

Wealth manager Brewin Dolphin poised to announce plans to launch a new online ‘DIY’ service for retail investors

The new plans are expected to be unveiled tomorrow when Brewin announces its interim results.

Standard Chartered to close Swiss private bank -media

The Asia-focused bank said in February it was looking to sell the Swiss private bank as part of a plan to shed several businesses as it sharpens its focus on Asia, Africa and the Middle East.

Close Brothers records a 4% rise in AuM in third quarter

There was a good result in Banking with the loan book now £5.1bn, up 10% year to date.

Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance

Home prices in the capital’s most desirable areas have jumped more than 60 percent since 2009

AXA Elevate assets hit £8bn

Elevate also halved prices for assets over £5 million, from 0.22% to 0.10%

Bank offers London property bond deal

Buying a home in London’s most affluent areas is becoming unattainable for anyone without a billionaire’s bank balance.

Competition for deals is rife, says Brown Shipley banking head

Brown Shipley incoming head of private banking Hugh Titcomb is keen to avoid this fate.

River & Mercantile IPO targets £12m

River & Mercantile has confirmed its plans to float in a move which the asset manager expects to raise £12 million of new money.

Saga float will boost company’s wealth arm

A successful initial public offering by Saga, the company focusing on the over-50s market in the UK, will help to boost the company’s wealth management arm, Michael Hewson has predicted.

Leading asset managers slam market's short-term focus

Human activity has already degraded Earth’s resources

Brown Shipley's new banking head on his growth strategy

‘Acquisitions are certainly something we will consider here and we regard it as part of our growth strategy, but our growth strategy is not based on a requirement to make acquisitions,’ he says.

Cirencester targets growth with protection launch

An individual income protection contract is set to be introduced by Cirencester Friendly

Two more advisers sign up to join Succession

Succession Advisory Services has acquired two further chartered financial advice firms

Norway’s $33 Billion Man Steps Up Search in Asia Real Estate Bet

Karsten Kallevig, the head of real estate at the world’s biggest sovereign wealth fund, has at least $33 billion to spend.

Legal & General Offers Coutts Building for Sale at $285 Million

It’s the first time in 110 years that the property is being sold as a single asset

BNP Paribas Wealth Management Unveils Its New Brand Positioning

It has been adapted in some 30 countries with local brand identities and in 11 different languages.

Wealth and Asset Management