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

Lockdown savings - where are they now?

This means almost half (47%) of the population were unable to put aside any money and now lack these savings to fall back on to see them through the cost-of-living crisis.

Boris Johnson’s departure will boost pound: deVere CEO

The analysis from Nigel Green of deVere Group comes as Boris Johnson is desperately clinging to power after a slew of resignations from his government.

Just 12% of advised clients are ‘ESG Dedicated’

Overall, 56% of clients are either ESG Dedicated or Focused, meaning more than half want ESG factors to play a role – to some extent – in how their portfolio is selected or managed.

Bonds are dead, long live bonds? What can save investors in the months ahead

With the Fed maintaining its hawkish stance, investment chiefs of Europe's biggest private banks deliberate where to go next with their asset allocation.

Wealth industry business sentiment weakens in Q2 2022

Despite these dark clouds, the wealth industry is still hoping for a better 2022.

UK workers’ pay down £100 a week as unions’ collective bargaining power fades

Last year, just 3% of workers in the private sector had their pay set at a national or industry level, rising to 67% in the public sector.

What is the role of investors in financing the transition towards sustainable food systems?

Climate change, perhaps the best-known of these boundaries, is coming under increasing pressure, with our atmospheric CO2 levels higher now than they have been for millions of years.

A risk-based approach to multi asset as caution prevails

Such turbulent times amplify the need for resilience

Bank of England vows to bring down inflation

This is the same figure the Bank of England decided on for the last five interest rate increases in a row.

As Bad as it Felt

In the first half the key change in sentiment amongst economists and central bankers has been the marked deterioration in their outlook for inflation.

Export industry continues to grow despite challenges

Meanwhile, 64 % of companies are facing corresponding challenges, 19 % more than six months ago.

Saving nature – why 2022 is key for biodiversity

The greatest threats come from over-exploitation of natural resources, such as overhunting, overfishing and deforestation, as well as agriculture and human development.

Big data innovation among private banking industry companies has dropped off in the last year

Analysis of patent filings shows a shrinking level of big data related applications in the industry over the past year

Opperman says people in their 20s should receive pension nudges

“I want people to be able to look at their work, wealth and wellbeing before the age of 50.”

Returning inflation to target − speech by Huw Pill

These are difficult times for many people. Getting inflation back to our 2% target is important if we are to have a stable economy that supports people’s jobs and incomes. Huw Pill sets out how we’re doing that.

Soft or hard landing? How these 10 private bank CIOs brace for recession

Investment chiefs of private banks share their views on economic growth and if the markets should be readying for a hard landing.

Ukraine’s costly war of attrition still weighs on outlook

Neither Ukraine nor Russia are pushing to negotiate a settlement, calculating that they each need to make territorial gains first.

Asset management execs back four-day week

Polling shows the funds industry is getting behind a new way of working

UK interest rates: what next?

Interest rates in the UK and elsewhere are forecast to continue rising as central banks battle to contain inflation. We keep track of what these changes mean for markets and economies.

UK Finance chair Bob Wigley: We need to create ‘reasons for banks to be in London’

He was also instrumental in setting up TheCityUK, spent over a decade with investment banking giant Merrill Lynch and chaired the UK green investment bank commission for ex-chancellor George Osborne.

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