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

Northern Trust appoints ESG investment head

Northern Trust said $58.4 billion is already invested in a set of ESG strategies.

Albanian Private Bank CEO Shot Dead Outside Office

He had been CEO and director-general of the 11-year-old Banka Credins

Tilney posts £13.6 million loss ahead of Permira deal

Tilney has also made a further £7.6 million provision for compensation and redress costs for this year.

Asset managers return to ABS

As institutional investors pressure fund managers for higher-yielding strategies in the current low-yield environment, bond funds have turned to asset-backed securities to stoke returns. Asset-backed securities are bundles of loans that have been packaged

What’s in a name? The art of rebranding post-M&A

Quilter Cheviot marketing director Jane Seymour said the combined company decided on this route with both brands being ‘well-known and respected in our target markets'

Schroder's Invests in Online Wealth Manager

Venture capital firm Balderton, which has previously invested in online companies LoveFilm, Betfair and Zopa, is also involved in the fundraisin

Private client wealth management firm merges Plymouth and Truro offices

The commitment to the county is very much intact

Controversial Blair planning office in Abu Dhabi

It also works with multinational corporations to provide “geopolitical and strategic advice”

European Wealth buys Surrey-based IFA firm

The business will be relocated and fully integrated into European Wealth's head office in London

UK wealth management startup Nutmeg raises $32 million

The latest capital raise means the business has now attracted a total of $50m of shareholder investment.

Tilney Bestinvest targets 25 financial planners for big regional push

The recruitment drive follows the hire of six wealth managers for Bestinvest’s regional offices in the first half of 2014.

Discretionary investment manager opens new office

The firm provides portfolio management services for private clients, trusts and charities.

Former Morgan Stanley Private Wealth advise targets clients with £10m assets

The firm was formed last November and began managing money this year

HSBC sells $12 billion of Swiss private bank assets to Liechtenstein's biggest bank

Those assets were held by clients in dozens of countries, including in central and eastern Europe, and some countries in west Europe, Africa and in Latin America that HSBC has deemed as not strategically important.

Who will teach responsibility in a buck-passing world?

Both regulations and the structure of capital markets foster a culture of ‘passing the buck’

WH Ireland Sees H1 Pre-tax Profit Ahead Of Last Year, Stock Rises

Revenue growth continued the trends witnessed during 2013

WH Ireland set to reveal higher profits

Chief executive Richard Killingbeck said WH Ireland has had an encouraging start to the current financial year

Guernsey Financial Services Commission publishes 2013 annual report

One of the key messages it contains is that overall costs fell by almost £1 million or 7.5% compared to 2012.

A golden age for wealth & fund management as regulatory fog clears

The Evolving Investment Management Regulation report points out regulatory uncertainty over the last few years has settled down.

Million-pound home loan service launched by Mayfair-based lender

Alternative lender HNW Lending has launched a service to help advisers with wealthy clients get loans on their homes worth £1m or more

Wealth and Asset Management