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

Ascentric boosts assets to £8 billion

Ascentric has boosted its assets under administration to £8 billion thanks to its white label service.

Luton IFA sheds clients in £50k plus push

Gilbert said the firm was in talks with interested parties

Outsourcing investment: Why Independent Advisers (Scotland) uses Standard Life Wealth

We only started using Standard Life Wealth in the past year

Prestige AM signs distribution deal with Natixis

UK-based Prestige Asset Management has signed a product structuring, marketing and distribution deal with Natixis, the second-largest banking player in France

Swip global equity team exits as portfolios transfer to Aberdeen

The transfer follows the completion of the acquisition of Swip by Aberdeen in April for £550 million. Following the deal Will Low, director of global equities, left the group alongside chief executive Dean Buckley.

Rathbones receives top reporting transparency accolade

The pursuit of excellence is a driving principle at Rathbones

UK wealth manager fails to disclose up-to-date dealing costs

Firm’s True & Fair Campaign has for the past two years accused the industry of covering up costs

BMO seeks property and SRI boost from F&C

The Canadian firm is seeking ways to tap into the UK manager’s strengths in Europe

A suitability lesson for Coutts from 1957

The regulatory team at Coutts has certainly got its work cut out over the next few months.

U.K. investment management apprenticeship program gets big thumbs-up

Investment 2020 is helping people growing up in Britain and London who might not think of themselves as being natural fits for the financial services industry and are helped into it by this scheme.

Wealth managers hit back over claims of ‘murky’ costs

Leading discretionary fund managers have rejected a report’s insinuations that their costs are excessive and opaque.

Queen's speech confirms you CAN by a Lamborghini with your pension....

Brewin Dolphin wealth management provides their latest comments following the Queen’s speech

Meketa Investment Group to Open London Office

Meketa Investment Group’s London office will provide research support to Meketa Investment Group’s U.S. offices on public market

Boris Johnson: London is 'natural home' of asset management

The Mayor of London Boris Johnson has described the asset management industry as of “crucial importance” to the UK economy, while declaring the economic recovery is in “full swing”.

Queen's bank Coutts to review 60 years of client files over concerns about investment advice

Coutts is to review every client investment dating back to 1957 in one of the most thorough suitability reviews ever carried out in the industry.

Platform opens wine fund opportunity to wealth managers

The challenges associated with self-directed trading by orchestrating settlement between counterparties, inspections and all logistics are handled by Wine Owners

SocGen, Santander mull tie-up with Germany’s Commerzbank – report

France’s Societe Generale and Spain’s Santander are mulling a tie-up with Germany’s second-largest lender Commerzbank

Rathbones' Coombs: 'If Dobell had a trust, we would buy tomorrow'

Dobell's performance has since struggled and over the past three years it has returned 11.9% versus 31.9% by the UK All Companies sector.

Yorkshire’s G&E Wealth Management to advise Beneden Health

G&E Wealth Management will be offering advice about the financial options for paying for care in later life to the leading mutual Benenden Health’s UK membership of around 900,000 people.

Coutts warns customers over ‘unsuitable’ investments

Another problem was that roles had become too “complex” after staff were required to combine general banking and wealth management duties.

Wealth and Asset Management