Managers of Wealth - Europe http://europe.managersofwealth.com/ Fri, 24 May 2019 17:41:34 BST part of MediaG8way Group http://europe.managersofwealth.com/ http://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Brexit and beyond: wealth management in an era of political risk News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71831/brexit-and-beyond-wealth-management-in-an-era-of-political-risk A Corbyn-led government is a key concern for many clients, say managers Wealth and Asset Management Wealth managers adapt to appeal to female clients News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71832/wealth-managers-adapt-to-appeal-to-female-clients Women still feel unwelcome in an industry full of jargon Wealth and Asset Management Wealth Adviser 2019 - The Winners News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71834/wealth-adviser-2019-the-winners The awards were determined by the votes of Wealth Adviser's readers Wealth and Asset Management Julius Baer assets hit record as money inflows pick up News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71839/julius-baer-assets-hit-record-as-money-inflows-pick-up After a soft start to the year, net new money growth accelerated towards the end of the period Wealth and Asset Management SEI Partners with Vested EMEA Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71840/sei-partners-with-vested-emea Both firms are committed to rigour and efficiency in the workplace Wealth and Asset Management George Soros Buys Stake in Troubled Asset Manager News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71855/george-soros-buys-stake-in-troubled-asset-manager Soros bought the stake after shares of GAM had lost almost three quarters of their value following the suspension of star fund manager Tim Haywood. Wealth and Asset Management Do your children like your wealth manager? News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71844/do-your-children-like-your-wealth-manager Many managers struggle to relate to the younger generation Wealth and Asset Management Home bias remains an issue among wealth managers News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71847/home-bias-remains-an-issue-among-wealth-managers Follows UK investors' heavy weighting towards UK assets Wealth and Asset Management “How personal journeys... can be channelled to foster innovation” Leadership worthy of the UN Penny Lovell Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71849/ampldquohow-personal-journeys-can-be-channelled-to-foster-innovationamprdquo-leadership-worthy-of-the-un Now this work has awarded her a PHD from the Oxbridge group, an achievement which I think anyone would agree, is pretty extraordinary. Wealth and Asset Management Credit Suisse Makes it Rain News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71850/credit-suisse-makes-it-rain Credit Suisse CEO Wins Pay Hike Wealth and Asset Management Mercer makes Germany push with two appointments News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71830/mercer-makes-germany-push-with-two-appointments Tobias Ripka is partner at Mercer in Germany. Executive Moves Hermes hires Kevin Roche as director for private debt News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71838/hermes-hires-kevin-roche-as-director-for-private-debt Mr. Roche was previously a director at Allied Irish Banks Executive Moves Rothschild & Co strengthens Wealth Management team in Frankfurt News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71841/rothschild-ampamp-co-strengthens-wealth-management-team-in-frankfurt Flade will enrich the field of Ultra High Net Worth Individuals Business Unit in Germany Executive Moves Former UBS wealth boss takes charge of smaller rival KBL Ana Hall Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71842/former-ubs-wealth-boss-takes-charge-of-smaller-rival-kbl KBL's 72 billion euros ($80.3 billion) in assets and 2,000 employees are puny compared to UBS. Executive Moves New Relationship Directors Hired by Barclays News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71846/new-relationship-directors-hired-by-barclays Barclays has also appointed Rebekah Taitt who joined the bank in 201 Executive Moves ESMA Appoints Chair for its New Coordination Network on Sustainability Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71862/esma-appoints-chair-for-its-new-coordination-network-on-sustainability The European Union (EU) envisages to shift towards a more sustainable financial system in the medium and long run. Executive Moves Wells Fargo Names John Langley Regional President for Europe, Middle East and Africa Ana Hall Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71815/wells-fargo-names-john-langley-regional-president-for-europe-middle-east-and-africa Financial services industry veteran to lead overall strategy and execution for the region Executive Moves Brit appoints new head of outwards reinsurance from Aviva News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71806/brit-appoints-new-head-of-outwards-reinsurance-from-aviva In his role, effective from July 1, Drew will report to Christiern Dart, group chief underwriting officer. Executive Moves Helm Godfrey appoints head of responsible investment News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71818/helm-godfrey-appoints-head-of-responsible-investment Ditchfield is well known as a pioneer of responsible and sustainable investment and a leading figure in the industry. Executive Moves Lisbon-based Bison Bank names new CEO News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71822/lisbon-based-bison-bank-names-new-ceo Within the Group, he was the Chief Executive Officer of Bison Finance Group and Member of the Management Committee at Bison Capital Financial Holdings. Executive Moves Mifid rules highlight the costs of investing News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71833/mifid-rules-highlight-the-costs-of-investing Wealth managers now required to produce annual fee statements Legal, Regulation & Compliance Liz Field: What does the future hold for regulation? News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71857/liz-field-what-does-the-future-hold-for-regulation The UK has contributed to and defined a great percentage of this over the past 40-odd years Legal, Regulation & Compliance FCA finds "significant shortcomings" in review of principal firms Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71861/fca-finds-ampquotsignificant-shortcomingsampquot-in-review-of-principal-firms Our review identified significant shortcomings in principal firms’ understanding of their regulatory responsibilities for their ARs. Legal, Regulation & Compliance Gresham House and AXA IM team up for forestry fund News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71807/gresham-house-and-axa-im-team-up-for-forestry-fund The firm did not disclose how much the portfolio was worth but the Society of Chartered Surveyors Ireland found the average hectare of forest changed hands for €9,838 (£8,623) in 2016, making the portfolio worth a potential €40 million: al Legal, Regulation & Compliance Money Laundering Deterrence in Europe: Time to Get Serious News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71808/money-laundering-deterrence-in-europe-time-to-get-serious The Egmont Group has grown to a large international organisation of 159 financial intelligence units, representing the operational arm of AML/CFT deterrence to complement the strategic arm of the FATF. Legal, Regulation & Compliance German regulator orders online bank N26 to step up controls against money laundering News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71809/german-regulator-orders-online-bank-n26-to-step-up-controls-against-money-laundering On Wednesday, BaFin said N26 must take measures including reidentifying some existing customers, catching up on a backlog of IT monitoring and documenting workflows. Legal, Regulation & Compliance FCA review of principal firms in the investment management sector Ana Hall Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71813/fca-review-of-principal-firms-in-the-investment-management-sector FCA wins case against unauthorised forex firm Legal, Regulation & Compliance Investigation into London Capital & Finance launched Ana Hall Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71817/investigation-into-london-capital-ampamp-finance-launched An investigation into the circumstances surrounding the collapse of the investment firm and the Financial Conduct Authority’s supervision of the firm Legal, Regulation & Compliance Philip Green to close 23 stores with over 500 job losses News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71821/philip-green-to-close-23-stores-with-over-500-job-losses Sir Philip Green’s wife and ultimate owner of Arcadia will also inject a further £50m of equity into the business making a total of £100m that she has loaned the company. Legal, Regulation & Compliance EU high court rejects compensation bid on Greek bond losses News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71825/eu-high-court-rejects-compensation-bid-on-greek-bond-losses The Luxembourg-based court said there wasn't evidence the ECB, which advised Greece on the deal, committed "a sufficiently serious breach" of European Union law. Legal, Regulation & Compliance Dubai firm plans sukuk tokens to invest in UAE real estate assets News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71827/dubai-firm-plans-sukuk-tokens-to-invest-in-uae-real-estate-assets ASA Ventures joins blockchain investment company IBC Group in plan to introduce sukuk tokens for property in the UAE and Portugal FinTech Robo-adviser raises £59m from Allianz News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71828/robo-adviser-raises-amppound59m-from-allianz This investment underlines our commitment to truly digital companies and is an excellent addition to our portfolio. FinTech Standard Chartered pioneers Trade AI Engine in partnership with IBM News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71814/standard-chartered-pioneers-trade-ai-engine-in-partnership-with-ibm Augmented Intelligence (AI) engine is intended to transform the traditional trade documentary system by automating a time-consuming process FinTech Trustly and Collector Bank AB partner to offer Nordic merchants instant bank payments in the Collector Checkout Ana Hall Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71790/trustly-and-collector-bank-ab-partner-to-offer-nordic-merchants-instant-bank-payments-in-the-collector-checkout With Trustly’s fast, simple and secure online banking payment solution, Collector’s merchants can enable their Nordic customers to pay with a method they are familiar with. FinTech Dutch Bank ABN AMRO Launches ‘Forcefield,’A Blockchain Inventory Tracking Platform News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71756/dutch-bank-abn-amro-launches-amplsquoforcefieldamprsquoa-blockchain-inventory-tracking-platform Forcefield is a stand-alone product that evolved as an independent company following a successful proof-of-concept that was conducted with consulting firm Accenture. FinTech FCA issues warning as £27m lost to crypto fraud News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71760/fca-issues-warning-as-amppound27m-lost-to-crypto-fraud Popular forms of cryptoassets include bitcoin and litecoin, with the regulator most frequently referring to these cryptocurrencies as "exchange tokens". FinTech Profits at Word Perfect translation company rise to €2.3m News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71724/profits-at-word-perfect-translation-company-rise-to-ampeuro23m Dublin group involved in expensive litigation with the State over tendering processes FinTech Juerg Hunziker: «IPO Isn't Avaloq's Only Option» News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71725/juerg-hunziker-amplaquoipo-isnamp039t-avaloqamp039s-only-optionampraquo Avaloq's «Mother of all Tech Projects» Tied Extensive Resources FinTech The Netherlands – the rise of a new fintech hub News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71734/the-netherlands-ampndash-the-rise-of-a-new-fintech-hub Such is the rapid growth of financial innovation in the Netherlands, authorities are even taking proactive steps to ensure fintech entrepreneurs, start-ups and the wider financial community have all the knowledge they need to be successful and compliant FinTech The Bank Of The Future News Aggregation Team Friday, May 17, 2019 1:00 am http://europe.managersofwealth.com/article/71695/the-bank-of-the-future If banks have the courage to make the right decisions, they have a bright future ahead of them. FinTech Reinsurance Group of America to acquire Generali's UK life legacy business News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71860/reinsurance-group-of-america-to-acquire-generaliamp039s-uk-life-legacy-business The portfolio transfer of the whole book of business will take place following the approval of the authorities. Alternative Investments The diminishing world of uncorrelated returns News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71812/the-diminishing-world-of-uncorrelated-returns Hedge fund managers consider themselves foremost alpha generators. Alternative Investments Tesco urged to seek active buyer for loans News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71816/tesco-urged-to-seek-active-buyer-for-loans Such a lender would be able to offer borrowers new deals and fixed interest rates, ensuring the sale didn’t create more mortgage prisoners. Alternative Investments LGIM expands multi-index range with two sustainable funds News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71824/lgim-expands-multi-index-range-with-two-sustainable-funds The Multi-Index team will take into consideration ESG factors as well as the risk and reward opportunities of the underlying asset classes. Alternative Investments Aligning the Interests of Hedge Fund Managers and Investors Mitzi Limlengco Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71781/aligning-the-interests-of-hedge-fund-managers-and-investors The article looks at an innovative approach to fee structuring Alternative Investments Morningstar publishes 'Guided Tour' of Europe's ETF market News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71783/morningstar-publishes-amp039guided-touramp039-of-europeamp039s-etf-market Assets in European-domiciled ETFs are well on course to hit €1trn by 2020 and €2trn by 2024. Alternative Investments Tikehau Capital Advisors : €300m equity raise News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71784/tikehau-capital-advisors-ampeuro300m-equity-raise The proceeds of this share capital increase will be used for corporate general purposes and to support Tikehau Capital SCA's plans for expansion and growth. Alternative Investments Advice firm grows 25% after becoming directly authorised News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71799/advice-firm-grows-25-after-becoming-directly-authorised The IFA firm has recruited adviser Gary Charlesworth based in Cumbria, adding roughly £20m in funds under management to the partnership. Alternative Investments Development Bank of Wales invests £80m News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71801/development-bank-of-wales-invests-amppound80m Economy and Transport Minister Ken Skates said: “This has been a landmark year for the Development Bank and I congratulate it on achieving its five year annual investment target of £80 million in just eighteen months. Alternative Investments WH Smith continues to shine amid gloomy UK retail market Ana Hall Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71758/wh-smith-continues-to-shine-amid-gloomy-uk-retail-market WH Smith is one of the few retailers that have provided positive news for several years, bucking the trend on the high street. Alternative Investments Why banks like Deutsche have too many managing directors News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71836/why-banks-like-deutsche-have-too-many-managing-directors You have to do something when your share price keeps falling Investment Banking Morning Coffee: Bereft of terrifying boss, UBS bankers become lethargic. Deutsche Bank re-sharpens the knife News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71837/morning-coffee-bereft-of-terrifying-boss-ubs-bankers-become-lethargic-deutsche-bank-re-sharpens-the-knife Some bankers at UBS believe the poor performance is at least partially owed to the void left by Orcel Investment Banking Goldman Sachs to acquire UK insurance broker Aston Lark News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71819/goldman-sachs-to-acquire-uk-insurance-broker-aston-lark Livingstone and Macquarie Capital acted as joint advisors. Investment Banking Deutsche Bank CEO Signals ‘Tough Cutbacks’ to Investment Bank News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71826/deutsche-bank-ceo-signals-amplsquotough-cutbacksamprsquo-to-investment-bank CEO makes no mention of equities as he highlights successes Investment Banking Morning Coffee: The final battle for Deutsche's investment bank. And the incompetent rich News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71794/morning-coffee-the-final-battle-for-deutscheamp039s-investment-bank-and-the-incompetent-rich The key question is the fate of the current inhabitant of the Iron Throne at the head of the supervisory board, Paul Achleitner. Investment Banking FinecoBank expands its multi-currency offering for UK consumers Ana Hall Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71802/finecobank-expands-its-multi-currency-offering-for-uk-consumers This expansion is a logical next step for the bank that will enable customers to operate like a local in different markets around the world. Investment Banking Lloyds boss says Scottish bank branches 'here for decades News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71754/lloyds-boss-says-scottish-bank-branches-amp039here-for-decades The bank's new tech hub will be based at its Scottish Widows headquarters Investment Banking We’re banking on cultural diversity Ana Hall Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71757/weamprsquore-banking-on-cultural-diversity We celebrate World Day for Cultural Diversity for Dialogue and Development by spotlighting some of our Chinese ‘corridor bankers’ Investment Banking KBC Ireland has returned almost third of €1.4bn bailout News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71730/kbc-ireland-has-returned-almost-third-of-ampeuro14bn-bailout Irish division released €12m of loan-loss provisions in first-quarter due to rising house prices and improvement in the quality of its portfolio Investment Banking Why Goldman Sachs should buy Deutsche Bank News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71739/why-goldman-sachs-should-buy-deutsche-bank US group wants growth in transaction banking and a German deal could help achieve that Investment Banking Little by little, we went insane by Tim Price Tim Price Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71845/little-by-little-we-went-insane-by-tim-price Coppola’s unique vision came at a price. Comment, Analysis & Research Turkeys Twizzled by Tim Price Tim Price Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71848/turkeys-twizzled-by-tim-price This is not to denigrate the entrepreneurial spirit. Society needs risk-takers. Comment, Analysis & Research Rich Brits plough cash into crypto over Corbyn and Brexit fears News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71852/rich-brits-plough-cash-into-crypto-over-corbyn-and-brexit-fears Millionaires across the UK are looking to invest their wealth into cryptocurrencies over concerns that Labour leader Jeremy Corbyn is heading for Number 10 Comment, Analysis & Research Scanning the Horizon by Sam Woods, PRA Ana Hall Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71856/scanning-the-horizon-by-sam-woods-pra This part of our work has its origins in two simple observations about financial history. Comment, Analysis & Research Raphael: Boris Johnson gets his chance to fail, too News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71779/raphael-boris-johnson-gets-his-chance-to-fail-too She previously promised to leave before the next election and then after her Brexit deal won approval from parliament; now she will step down regardless. Comment, Analysis & Research British ministers say the City of London will survive in a post-Brexit world News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71748/british-ministers-say-the-city-of-london-will-survive-in-a-post-brexit-world London, which is home to the world’s highest number of banks and largest commercial insurance market, has potentially a lot to lose from the end of unfettered access to the EU’s post-Brexit market, its biggest trading partner. Comment, Analysis & Research EY’s Nikhil Lele on why banks, wealth managers and tech companies will soon offer financial subscriptions News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71749/eyamprsquos-nikhil-lele-on-why-banks-wealth-managers-and-tech-companies-will-soon-offer-financial-subscriptions This rental or subscription economy will also appear in financial services, changing products into services. Comment, Analysis & Research Nearly half of all UK SMEs believe technology is more important to their business than people News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71772/nearly-half-of-all-uk-smes-believe-technology-is-more-important-to-their-business-than-people The research compares insights into work-life balance, growth ambitions, innovation, dynamism and diversity. Comment, Analysis & Research Some euro zone banks need extra buffers amid slowdown: ECB News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71774/some-euro-zone-banks-need-extra-buffers-amid-slowdown-ecb “The continued build-up of buffers could therefore be justified, especially in those countries where the long upturn may have led to an underestimation of credit risk or where private indebtedness is particularly high or rising.” Comment, Analysis & Research The fast routes to a London banking job before August 2019 News Aggregation Team Thursday, May 16, 2019 1:00 am http://europe.managersofwealth.com/article/71653/the-fast-routes-to-a-london-banking-job-before-august-2019 If you want a new front office banking job in London before the summer lull you will therefore need to play your hand carefully. 2019 is not a year of plenty. Comment, Analysis & Research Andersen Global Expands UK Locations Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71829/andersen-global-expands-uk-locations The Manchester office will continue the firm’s focus on advisory and compliance services and is joined by Partner Matt Hodgson. Tax Pass on your wealth without paying a penny to the taxman: Inheritance tax cost £5.4bn last year - and more are set to pay it News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71835/pass-on-your-wealth-without-paying-a-penny-to-the-taxman-inheritance-tax-cost-amppound54bn-last-year-and-more-are-set-to-pay-it And there is no escape if you give your assets away during your lifetime, as anything given within seven years before your death may also be subject to tax — and could mean your relatives are chased for money after you've gone. Tax Further Tax Changes for Irish Property Funds Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71851/further-tax-changes-for-irish-property-funds The Irish Government has advised that the tax treatment of Irish property funds may face further changes later this year. Tax POLAND: Withholding tax rules affected by new beneficial owner definition Ana Hall Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71858/poland-withholding-tax-rules-affected-by-new-beneficial-owner-definition The scope of tax treaty withholding tax exemptions may be limited and qualification for treaty benefits for intercompany payments may be in question. Tax Setting a benchmark for inheritance tax portfolios News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71751/setting-a-benchmark-for-inheritance-tax-portfolios Tracking real performance Tax Swiss give clear ‘yes’ to corporate tax reform News Aggregation Team Sunday, May 19, 2019 1:00 am http://europe.managersofwealth.com/article/71719/swiss-give-clear-amplsquoyesamprsquo-to-corporate-tax-reform The new legislation will bring Switzerland into line with international tax rules by cutting out preferential rates offered to multinationals, while lowering baseline rates in an effort to prevent them fleeing to more attractive destinations. Tax German authorities raid 11 banks in tax evasion probe News Aggregation Team Thursday, May 16, 2019 1:00 am http://europe.managersofwealth.com/article/71649/german-authorities-raid-11-banks-in-tax-evasion-probe Deutsche Bank said the investigation was directed against private individuals, not against the company, that it is cooperating with prosecutors and wasn't a target of the current raids. Tax No Safe Havens 2019 Mitzi Limlengco Thursday, May 16, 2019 1:00 am http://europe.managersofwealth.com/article/71665/no-safe-havens-2019 HMRC’s strategy for offshore tax compliance. Tax Estates in administration – beware of the tax issues News Aggregation Team Wednesday, May 15, 2019 1:00 am http://europe.managersofwealth.com/article/71631/estates-in-administration-ampndash-beware-of-the-tax-issues But executors and other personal representatives should be aware that both Income Tax and Capital Gains Tax may apply during the period of administration. Tax Tax & Brexit for EU and UK businesses News Aggregation Team Tuesday, May 14, 2019 1:00 am http://europe.managersofwealth.com/article/71610/tax-ampamp-brexit-for-eu-and-uk-businesses EU based businesses, which would prefer to operate in a constant and certain environment, are left having to guess how they will be able to transact with the UK once Brexit takes place. Tax Why Capital Group has no time for 'big name stars' News Aggregation Team Wednesday, May 22, 2019 1:00 am http://europe.managersofwealth.com/article/71798/why-capital-group-has-no-time-for-amp039big-name-starsamp039 Raising the group's profile in the UK Retail Banking Tesco Bank exits mortgage market News Aggregation Team Tuesday, May 21, 2019 1:00 am http://europe.managersofwealth.com/article/71761/tesco-bank-exits-mortgage-market The sale process will remain confidential until a transaction is confirmed and the bank said there would be no changes to customer accounts as a result of the lender’s exit from the mortgage market. Retail Banking Metro advisers rake in £13m fees News Aggregation Team Sunday, May 19, 2019 1:00 am http://europe.managersofwealth.com/article/71717/metro-advisers-rake-in-amppound13m-fees The banks did not agree a minimum price for the underwriting, lessening their risk of ending up with unwanted stock. Retail Banking Danske dumps $4.5bn in kroner as part of bank’s hedging plan News Aggregation Team Friday, May 17, 2019 1:00 am http://europe.managersofwealth.com/article/71688/danske-dumps-45bn-in-kroner-as-part-of-bankamprsquos-hedging-plan Danske’s assets are equivalent to roughly 1 1/2 times Denmark’s gross domestic product. Retail Banking Metro Bank’s woes are a warning: watch the metrics News Aggregation Team Friday, May 17, 2019 1:00 am http://europe.managersofwealth.com/article/71698/metro-bankamprsquos-woes-are-a-warning-watch-the-metrics When a single number becomes all important investors should be wary Retail Banking Santander wants to slash 3,700 jobs in Spain: union News Aggregation Team Wednesday, May 15, 2019 1:00 am http://europe.managersofwealth.com/article/71618/santander-wants-to-slash-3700-jobs-in-spain-union The planned cuts are Santander's first proposal made to unions during a meeting held on Tuesday. Retail Banking Metro Bank shares continue to slide News Aggregation Team Tuesday, May 14, 2019 1:00 am http://europe.managersofwealth.com/article/71588/metro-bank-shares-continue-to-slide It said it would raise the money via a share placing, with additional shares created and offered to new and existing investors. Retail Banking Societe Generale targets rise in profits at its domestic retail bank in 2020 News Aggregation Team Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71430/societe-generale-targets-rise-in-profits-at-its-domestic-retail-bank-in-2020 As a result of this year's transformation, SocGen now expects costs to start falling in 2020, while it sees revenues rising, boosting return on net equity to between 11.5 percent and 12.5 percent, the bank said in a presentation to investors. Retail Banking Best Banks In Central And Eastern Europe 2019: Rising Demand News Aggregation Team Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71435/best-banks-in-central-and-eastern-europe-2019-rising-demand Banks are benefiting from accelerating economic growth in Central and Eastern Europe. Retail Banking Here's How Commerzbank's Potential Suitors Stack Up in Germany News Aggregation Team Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71436/hereamp039s-how-commerzbankamp039s-potential-suitors-stack-up-in-germany Given the hurdles to cross-border bank deals in Europe, lenders that already have a meaningful presence in Germany are well positioned because they have a greater potential for savings. Retail Banking HMRC Makes Reclaiming QROPS Transfer Charge Easier News Aggregation Team Tuesday, May 07, 2019 1:00 am http://europe.managersofwealth.com/article/71405/hmrc-makes-reclaiming-qrops-transfer-charge-easier The main reason for such a claim would be an expat moving to the same country as where their QROPS is based. Pensions AJ Bell inflows fall as DB transfers slow down News Aggregation Team Friday, April 26, 2019 1:00 am http://europe.managersofwealth.com/article/71197/aj-bell-inflows-fall-as-db-transfers-slow-down The platform added 10,000 new customers during the quarter, to bring the total to more than 200,000, with assets under administration on the platform rising by 9 per cent to £40.6bn. Pensions Four lessons the UK’s pension industry can learn from Australia and New Zealand Mitzi Limlengco Friday, April 12, 2019 1:00 am http://europe.managersofwealth.com/article/70885/four-lessons-the-ukamprsquos-pension-industry-can-learn-from-australia-and-new-zealand In the UK, employers and payroll are integral to the ‘nudge’ theory of auto-enrolment Pensions Report: Pension de-risking 2019 Ana Hall Thursday, March 28, 2019 12:00 am http://europe.managersofwealth.com/article/70486/report-pension-de-risking-2019 It will be increasingly important for those interested in de-risking to be ahead of the curve as the dynamics in the market change. Pensions Brunel Picks Two Managers to Run Low-Volatility Portfolio News Aggregation Team Tuesday, March 26, 2019 12:00 am http://europe.managersofwealth.com/article/70426/brunel-picks-two-managers-to-run-low-volatility-portfolio Low-risk global stock portfolio expected to grow by £200 million for UK pension fund. Pensions Pension fat cats face MP probe: Huge payments to FTSE 100 bosses spark call for inquiry News Aggregation Team Monday, March 25, 2019 12:00 am http://europe.managersofwealth.com/article/70378/pension-fat-cats-face-mp-probe-huge-payments-to-ftse-100-bosses-spark-call-for-inquiry The practice is now also facing a crackdown by the Investment Association Pensions Top bosses forced into pensions climbdown News Aggregation Team Sunday, March 24, 2019 12:00 am http://europe.managersofwealth.com/article/70354/top-bosses-forced-into-pensions-climbdown This weekend British Gas owner Centrica, property giant British Land, energy network National Grid, ­plumbing distributor Ferguson and rental company Ashtead are understood to be reviewing their executive pension policies with a view to cutting payout Pensions Seven myths about pensions busted News Aggregation Team Sunday, March 24, 2019 12:00 am http://europe.managersofwealth.com/article/70356/seven-myths-about-pensions-busted Automatic enrolment started in autumn 2012, amid concerns people were living for longer but not saving enough for their later years. Pensions Lloyds comes under fire over Horta-Osório’s pension perks News Aggregation Team Tuesday, March 19, 2019 12:00 am http://europe.managersofwealth.com/article/70206/lloyds-comes-under-fire-over-horta-osampoacuterioamprsquos-pension-perks Staff protest as anger at exclusive final salary scheme grows Pensions Major banks accused of ‘pensions racket’ for senior executives News Aggregation Team Tuesday, February 12, 2019 12:00 am http://europe.managersofwealth.com/article/69205/major-banks-accused-of-amplsquopensions-racketamprsquo-for-senior-executives Major Tier 1 banks in the UK are under fire from shareholders and professional organizations over massive pension contributions and lump sums that are not available to other staff, and are being disguised. Transparency, eh? Pensions Business reaction to Theresa May’s departure News Aggregation Team Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71854/business-reaction-to-theresa-mayamprsquos-departure As our global competitors get sharper and more strategic, Britain is still mired in indecision and uncertainty. Brexit Investors can ride out the UK's political storm News Aggregation Team Monday, May 20, 2019 1:00 am http://europe.managersofwealth.com/article/71745/investors-can-ride-out-the-ukamp039s-political-storm The creation of the Independent group in the midst of everything leaves additional uncertainty in understanding Brexit The psychotic freakshow rolls on by Tim Price News Aggregation Team Friday, May 10, 2019 1:00 am http://europe.managersofwealth.com/article/71537/the-psychotic-freakshow-rolls-on-by-tim-price Any government will struggle to sign something they know will be hated by so many and held up as an example of the two parties serving themselves. Brexit Banks lose appetite for new Brexit fight News Aggregation Team Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71447/banks-lose-appetite-for-new-brexit-fight Four banks said they opposed another vote while one bank said it would remain agnostic on all Brexit scenarios and would let the political process - now stretching towards its third year - run its course. Brexit Brexit jeopardy: Nancy Pelosi issues THREAT to Theresa May over Brexit - 'No US-UK deal' News Aggregation Team Tuesday, April 16, 2019 1:00 am http://europe.managersofwealth.com/article/70968/brexit-jeopardy-nancy-pelosi-issues-threat-to-theresa-may-over-brexit-amp039no-us-uk-dealamp039 Speaking at the event, Ms Pelosi said: “If there was to be any weakening of the Good Friday accords that there would be no chance whatsoever – a non-starter – for the US-UK trade agreement. Brexit Money managers facing further costs following Brexit News Aggregation Team Monday, April 15, 2019 1:00 am http://europe.managersofwealth.com/article/70942/money-managers-facing-further-costs-following-brexit The U.K. can leave the EU as soon as members of Parliament reach an agreement but if the U.K. hasn't held elections, the extension will be void on May 31, which would mean a hard exit. Brexit Fears of a Halloween Brexit horror story for pensions have been raised by AJ Bell Ana Hall Monday, April 15, 2019 1:00 am http://europe.managersofwealth.com/article/70945/fears-of-a-halloween-brexit-horror-story-for-pensions-have-been-raised-by-aj-bell The Department for Work and Pensions was holding out faint hopes of getting a Pensions Bill through the House of Commons in 2019. Brexit EU to allow visa-free travel for Brits post Brexit News Aggregation Team Friday, April 05, 2019 1:00 am http://europe.managersofwealth.com/article/70705/eu-to-allow-visa-free-travel-for-brits-post-brexit Therefore, even in the event of a no-deal Brexit, a UK citizen can stay in any Schengen Area country without a visa for a total of 90 days out of the 180 days that begin on the day of entry into the country. Brexit Government delays probate fee hike News Aggregation Team Friday, March 29, 2019 12:00 am http://europe.managersofwealth.com/article/70523/government-delays-probate-fee-hike This charge is additional to inheritance tax. Brexit Brexit 'could benefit overseas development by curbing City of London’s power' News Aggregation Team Tuesday, March 19, 2019 12:00 am http://europe.managersofwealth.com/article/70229/brexit-amp039could-benefit-overseas-development-by-curbing-city-of-londonamprsquos-poweramp039 Griffiths began by saying that many things will stay the same after Brexit for the role of UK NGOs trying to influence the global financial system Brexit Guernsey forges green finance collaboration Mitzi Limlengco Friday, May 24, 2019 1:00 am http://europe.managersofwealth.com/article/71859/guernsey-forges-green-finance-collaboration Guernsey Finance Deputy Chief Executive, Strategy, and Chair of Guernsey Green Finance, Dr Andy Sloan, said the Green Finance Initiative team, and Sir Roger in particular, had been incredibly supportive over the last two years. ESG Sustainable funds attracts $26bn of net inflows in Q1 2019 News Aggregation Team Thursday, May 23, 2019 1:00 am http://europe.managersofwealth.com/article/71811/sustainable-funds-attracts-26bn-of-net-inflows-in-q1-2019 Innovative solutions can be seen not only within mainstream equity and debt asset classes, but also across alternative strategies such as green bonds and microfinance. ESG Reasons why Guernsey’s going green Kris Borres Friday, May 17, 2019 1:00 am http://europe.managersofwealth.com/article/71699/reasons-why-guernseyamprsquos-going-green Green finance, Guernsey Green Finance, is about financing climate change mitigation projects. It is Guernsey’s contribution to global good. ESG Ilmarinen backs Blackrock US ESG exchange-traded fund with €750m News Aggregation Team Wednesday, May 15, 2019 1:00 am http://europe.managersofwealth.com/article/71638/ilmarinen-backs-blackrock-us-esg-exchange-traded-fund-with-ampeuro750m The pensions insurer said such collaborations enabled it to find suitable passive products not previously available as it worked on implementing its “extensive ESG strategy”. ESG ESG rating agencies fulfil the need for knowhow News Aggregation Team Monday, May 13, 2019 1:00 am http://europe.managersofwealth.com/article/71553/esg-rating-agencies-fulfil-the-need-for-knowhow They can be controversial and they may not agree . . . but M&A is booming ESG Activists tell Barclays to bin off over bags News Aggregation Team Monday, May 13, 2019 1:00 am http://europe.managersofwealth.com/article/71557/activists-tell-barclays-to-bin-off-over-bags Single-use plastics at Barclays’ AGM do not go unnoticed, host's gaffe at the Headlinemoney Awards and how Bercow got around capital gains tax ESG Green bonds rose 40 per cent in the first quarter backed by corporate issuance News Aggregation Team Sunday, May 12, 2019 1:00 am http://europe.managersofwealth.com/article/71549/green-bonds-rose-40-per-cent-in-the-first-quarter-backed-by-corporate-issuance The green sukuk market remained nascent, with issuances largely coming from South East Asia ESG ESG a Game-Changer – But Plenty Still to be Done… News Aggregation Team Friday, May 10, 2019 1:00 am http://europe.managersofwealth.com/article/71538/esg-a-game-changer-ampndash-but-plenty-still-to-be-doneamphellip One of the trends according to panellist Sachin Vankalas, Director of Operations & Sustainability at LuxFLAG, is that an increasing awareness of ESG is driving demand in this investment category ESG Global biodiversity is collapsing, warn scientists News Aggregation Team Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71444/global-biodiversity-is-collapsing-warn-scientists The first global assessment of biodiversity and ecosystem services has held humans largely responsible for looming mass extinction of species and has urged immediate action to avert disaster. ESG Unigestion enhances ESG risk management capabilities Ana Hall Wednesday, May 08, 2019 1:00 am http://europe.managersofwealth.com/article/71454/unigestion-enhances-esg-risk-management-capabilities It will help Unigestion not only to avoid future ESG-related risks, but also to better exploit new opportunities offered by sustainable investing. ESG