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

What these 15 private bank CIOs expect from 2022

We asked investment chiefs of the biggest private banks in Europe about their biggest convictions and contrarian calls when it comes to their allocation calls for next year.

Global Bond Winners for 2021 All Came From Emerging Markets

A deeper look into 2021 performance shows the top performers have mostly fallen in price, but coupon returns were high enough to offset these losses.

UniCredit chairman says banking M&A needs European focus -La Stampa

With operations spanning across 13 markets, UniCredit is Italy's only bank that regulators deem to be of global systemic relevance.

World economy set to exceed $100 trillion for the first time next year: Economic wrap

The head of Norway’s wealth fund said that financial markets are set to experience weak returns in the next decade and that inflation is the main hurdle ahead.

Norges Bank CEO turns to staff for fresh perspectives

He also turned to NBIM staff throughout the organization to bring fresh ideas to the CEO office.

Two decades after Euro, billions in old cash is being hoarded

Euro cash was first introduced on Jan 1, 2002 - three years after the common currency's conception.

The curious bank that people are taking a pay cut to join How to do deals for really unpopular clients

The second of these two reasons is more common as a motivation for showing up at a bank like BNP Paribas.

Quilter urges MPs to avoid ‘decades’ of pension age complexity

Block transfers are a special type of transfer that prevents people from being penalised when they transfer with another person under the same agreement (for example as part of a bulk exercise, like a workplace pension arrangement changing provider).

2021 – A tumultuous year for investments

It is this uncertainty that has led and is likely to continue to lead to elevated volatility in markets.

UK businesses report weakest growth since last lockdown - CBI

Alpesh said finance minister Rishi Sunak's announcement on Tuesday of 1 billion pounds ($1.33 billion) in support for hospitality and leisure firms would provide a breathing space.

Where SRTs are Going (and Where They’ve Been)

Banks are able to offset the hit to profitability created by higher capital requirements while maintaining core lines of business, and investors gain the potential to access exciting, diversified investment vehicles with a rate of risk and return they mig

German banks and big business profit from death in the pandemic

At US banks Goldman Sachs Group and JPMorgan Chase, bonus pools for bankers in the capital markets and advisory businesses could rise as much as 50 percent.

EFAMA reports record net inflows into UCITS money market funds in October

UCITS money market funds recorded net inflows of EUR66 billion, compared to net outflows of EUR57 billion in September 2021.

Special Report – Metaverse: overhyped or the next internet revolution?

When Facebook changed its name to Meta Platforms1 in October, the word ‘metaverse’ moved from the domain of tech geeks to the mainstream.

PIMFA welcomes extension of 10% depreciation notification rule flexibility but calls for longer term reform

This was always a rule that had more relevance for European Union financial markets than it did for the UK and our departure from the EU presents our industry, and the FCA with an opportunity to enact reforms that better fit our own domestic markets.

Home working will be a permanent feature in 2022 but it's not helping the Work/Life Balance

More than half of those surveyed (55%) said their employer was considering making hybrid the new normal going into 2022.

Bubbles, inflation, negative breadth: which market myths matter for 2022?

This issue of Simply Put, where we make macro calls with a multi-asset perspective, tests their validity.

Seven Black Swans a Swimming: Tail Events That Could Shape Markets

As Christmas approaches, we have taken inspiration from the old carol and selected seven ‘black swans’ that could have an outsized effect on markets over the coming years, for both good and ill.

From Covid-19 to new normal-22: What's in store for 2022?

One can never be certain what lies ahead but we remain cautiously optimistic about the prospects for 2022.

Deck the halls with interest rate rises

This will be our last Weekly Bulletin of 2021.

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