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

Old Mutual Wealth completes Intrinsic buyout

Group confirms ‘significant milestone’ as it buys up restricted advice network as part of chief executive Paul Feeney’s plan for company.

Prometeia: Significant opportunity for asset managers in the European private debt space

This would suggest that Europe represents a significant opportunity for asset managers and shows that the loan and private debt market is really starting to build traction.

UBS to increase liquidity in TAA fund over ‘end of cycle’ expectations

UBS Global Asset Management is shifting the structure of its tactical asset allocation strategy to account for upcoming downside risk.

Furious IFAs accuse Aegon of ‘poaching’ customers

PENSIONS company Aegon has been accused of attempting to “poach” clients from independent financial advisers without informing them.

Smith & Williamson launches new ‘SVS’ trading name

Group’s fund administration business will now have two trading names for clients to choose from.

FirstGroup Hit By Investor Backlash Over Remuneration Report

Sandell's letter noted that FirstGroup's CEO remuneration package has risen 209% over the past five years

Aberdeen loses to ‘smart’ Schroders in Nutmeg deal

In a statement following the deal, Schroders executive vice chairman Massimo Tosato, who will take a seat on the Nutmeg board, said: ‘We are delighted to participate in funding Nutmeg’s next stage of growth.'

Jersey represented with keynote speaker and panellist at leading international banking forum

Jersey is taking part in the International Festival of Business 2014 in Liverpool this week with two representatives speaking in the fifth International Banking and Finance Forum.

Industry struggles to power up for data revolution

But wealth managers who spoke to Financial News said many custodians were failing to meet their demands.

Ingage Announces New Client Sign Ups

Four new asset managers join the platform Two new corporate clients and one FTSE 250 company

YOU are an investment adviser and manager for Outrageous Wealth Managers

Ethics tests for finance sector?

Web wealth manager Nick Hungerford expects race for business

The former wealth manager for blue-chip clients had the idea for the business, which will launch a pensions product in the autumn, after friends asked him to manage their finances.

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

Wealth and Asset Management