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

Estate of the art

According to the Mei Moses World All Art index, investment grade art grew in value by 10.2 per cent in 2011, outperforming both the S&P 500 and the FTSE All Share total return indexes.

Dutch Bankers Must Take Oath to Put Client First, De Jager Says

The Dutch spent about 30 billion euros ($39 billion) on the 2008 bailout of Fortis’s Dutch units, including its stake in ABN Amro Holding NV.

One fifth of rich want to flee Britain ‎

One in five Britons with more than £250,000 in savings are thinking of living abroad because they are tired of crime, poor weather and the high cost of living, the wealth management arm of Lloyds Banking Group said on Monday.

Societe Generale Private Banking renews golf partnerships

Renewing these partnerships enables Societe Generale Private Banking to offer its private clients the opportunity to play with top-level golfers through an exclusive events programme organised around this sport throughout the world.

Sparkling opening to new year for Fairbairn Private Bank

Fairbairn Private Bank today announced its strongest opening quarter for new business since the financial crisis commenced in 2008.

JO Hambro IM eyes charity expansion with hire

J O Hambro Investment Management has added a new marketing manager to its charity team as it looks to add to the 95-strong list of charities for which it manages money.

Cameron suggests UK charity tax changes may be watered down

Cameron said this week he’s ready to be the first British premier to publish his tax returns, according to a person close to him, as he seeks to defuse accusations that he’ll benefit personally from a cut in the top rate of income tax next yea

Liontrust completes acquisition of Walker Crips

The WCAM name will disappear in the future and the four funds will take on the Liontrust branding.

Wealthy abuse charity donations to cut tax, says No 10

Mr Osborne said on Tuesday he was left shocked by the scale of legal tax avoidance by multi-millionaires.

UK expats face ruin in Spain and France after being duped by bogus financial advisers

The schemes are often sold by rogue financial advisers who exploit weak consumer laws on the Continent by falsely claiming to be bona fide accountants.

Big Firm Bonuses - Why 2012 Is Shaping Up To Be A Pretty Awful Year

The big winners year to date are BMO Capital Markets, RBC Capital Markets, Mitsubishi UFJ Financial Group, TD Securities, Wells Fargo and HSBC. And the biggest losers are Barclays, Nomura, Goldman and Bank of America Merrill Lynch.

Investec to drop Williams de Broë brand

The move follows in the footsteps of Investec’s decision to rebrand Rensburg Sheppards after its takeover of the firm in 2010.

7IM backs European financials

The group’s latest investment outlook explains that European equities as a whole have reached a point where they can be considered undervalued.

New white paper on investing in a “new normal” environment of high volatility and low yields released

Authored by Yogi Thambiah and Nicolo’ Foscari, both from the Investment Strategy Americas CIO Office, the paper addresses how investors can adjust risk frameworks to deal with a “New Normal” environment of increasing volatility and low-

Changes At The Top Of Venerable German Private Bank

While they may be a period where no member of the von Metzler family is among the bank’s partners, Leonhard von Metzler, 36, may be accepted as one in the future, FT Deutschland said in an e-mailed summary of an article to be published tomorrow.

Rothschild clan moves to cement its grip

The 69-year-old chairman of the Rothschild group is bringing together its French and UK assets under the roof of Paris Orléans, a French listed entity with its roots in a 19th-century railway company.

George Osborne faces revolt over 'tax on giving' as charity donations dry up

A powerful alliance of aid groups, charities and arts organisations is launching a full-frontal assault on Treasury plans to limit tax relief for philanthropists, warning that they will have a devastating impact on the culture of giving at the heart of Da

Barclays has a great deal to learn from HSBC on executive pay

When, in late September 2010, rumours emerged that Mike Geoghegan, then chief executive of HSBC, and Stephen Green, then chairman, were about to depart, institutional shareholders rightly became concerned about who would replace them and what would happen

Millionaire Tory donor 'slept on private jet flying outside UK airspace to avoid paying tax'

Dodge allowed him to extend the number of days he could stay in the UK without paying tax

George Osborne: I'm going after the wealthy tax dodgers

A confidential study by HM Revenue and customs found they are using aggressive avoidance schemes to reduce their income tax rate to an average of 10 per cent - less than half the level paid by the average Briton.

Wealth and Asset Management