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

Close Brothers appoints audit committee Chairman

He succeeds Geoffrey Howe

JPMAM hit by exit of respected healthcare manager

Since its formation, the fund has returned 148.5 per cent, performing significantly better than its benchmark MSCI World Healthcare index, which has returned 109 per cent in the same period, according to data from FE Analytics.

BNP Paribas hires to bolster asset management

BNP Paribas Securities Services has announced four appointments to its existing sales and relationship management team for UK asset managers.

Franklin Templeton’s Clements exits following inflow curbs

Mr Clements is lead manager of the €3.1bn (£2.47bn) Franklin European Growth fund, a highly concentrated pan-European mandate based in Luxembourg, along with Claire Manson and Robert Mazzuoli.

New CFO at Caixabank announced

The vacancy was created when former CFO Gonzalo Gortazar replaced Nin as chief executive.

Invesco Perpetual restructures sales team for wealth push

The two will work alongside Chris Donnelly, head of life companies and James Rawson, head of platform distribution.

Former Credit Suisse banker becomes Coinfloor chairman

The platform is fully compliant with ISO27001 and has registered with HMRC for anti-money laundering.

Deutsche Bank hires former Luxembourg minister Frieden

Frieden – a former minister of the Luxembourg government and chairman of the board of governors of the International Monetary Fund and the World Bank Group – will assume his new role on Sept. 15 and will be based in London.

Departures continue at Ignis as head of distribution Chene exits

Ignis’ global head of distribution Claude Chene has followed Chris Samuel in exiting the business following its takeover by Standard Life Investments.

BNP Paribas Real Estate appoints UK HR Director

BNP Paribas Real Estate, the leading property adviser, has appointed Pippa Evans as UK HR director.

Smith & Williamson appoints head of distribution

Morrissey spent a decade as head of distribution at Liontrust, joining from Mercury Asset Management where he worked for 12 years.

Norton leaves Quilter Cheviot after 33 years

At Quilter, Norton established the London stockbroking desk and went on to advise private clients, trusts and pension funds.

Pope Names Former Invesco Manager for Vatican Bank in Revamp

He said he would tap an outside management fund to help shift the bank toward asset management. He emphasized that the fund would be chosen based also on its Catholic principles.

Goldman Sachs hires energy marketer from Barclays

Goldman Sachs has affirmed its commitment to commodities trading even as other banks have left the sector or scaled back their activities in the face of public and regulatory scrutiny.

Nomura funds unit hires head of UK marketing

“We’re delighted to have Jon on board. He’ll be joining us after a short break.”

Banque de Luxembourg appoints new head of sales

Thanks to his experience in fund selection, he has excellent knowledge of the investment methodology and is in close contact with the fund managers and analysts.

Income stars Chelverton to launch small-cap fund for new hire

Baker will be lead manager of the small-cap fund

Unigestion boosts London team

She joins Unigestion from Energy Alpha Strategies, where she was a director and head of Investor Relations

London & Associated Properties Finance Director Retires

Retail property investor and asset manager London & Associated Properties PLC Thursday said its Finance Director Robert Corry will be retiring on December 31.

Deutsche Oppenheim Family Office expands board

Deutsche Oppenheim is now Germany's largest family office

Executive Moves