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

Europe’s Banks Fall Out of Love With Commodity Traders

BNP Paribas SA is reviewing its involvement and may shut down its specialized unit, Bloomberg reported earlier this month. Rabobank Group is also reviewing the business.

The Power of Nought: All Twelve of Them by Justin Urquhart Stewart

It has been good news for those shareholders, that their value has gone up like a rocket, but there is a potential downside.

Catching fallen angels

Notably, investor fears during the correction around fallen angels and illiquidity did not materialise, and corporate bond markets have continued to function reasonably well.

Growth Prospects and Challenges ahead for the U.S., U.K., Eurozone, China, and Japan

A resurgence of virus infections in several areas is threatening to choke the recovery and could flatten growth in the second half of 2020 and beyond.

For the Best and Worst of Times: Convertible Bonds Through the Coronacrisis

We have a positive outlook on convertible bonds for three reasons: downside risk mitigation, a cheap entry point and improving liquidity.

Pandemic to prolong German banks' struggle with low profitability

The fragmentation of the German banking system has created a vicious circle of low profits and high costs.

DFMs had already shunned UK ahead of record GDP plummet

‘We haven’t been adding to UK risk asset exposure either before the crisis broke out or during it’

60% of advisers turning away new clients

Six in ten financial advisers had to turn away prospective clients in the last year, according to a new report.

Opportunity for planners in care advice market - report

Over a third (35%) of those surveyed said that they would then meet an adviser in person, with a further 26% likely to make contact by phone or online.

US dollar second only to gold as good investment right now - RWC Partners

As long as currency-debasing policies abound, then gold, will remain a primary investment for the fund.

Counting the cost of getting your timing wrong

Past performance is not indicative of future performance.

A performance overview of European banks

The most recent quarter has illustrated an industry whose pre-tax profit growth continued to remain well into negative territory with sector earnings declining by more than 50 per cent year-on-year (YoY).

Bridging the Gap

60% of the advisers we surveyed said they had turned away prospective new clients in the last 12 months, which provides a reasonable indication of the size of the current advice gap.

Key Things You Need To Know by St. James's Place

The decision left thousands of people scrambling to book the last remaining tickets out of the country, adding to fears of a second wave of the pandemic.

European real estate investment is top priority for Hong Kong HNWIs, says new survey

The findings of the survey are an encouraging sign that Cyprus is able to generate significant foreign investment and that the economy will continue to thrive.

Third of wealthy to buy small firms to kickstart economy

The research looked at how the wealthy had amassed wealth and what they want to do with their money.

Schroders to allow thousands of staff to work from home in milestone for City

Britain's largest listed asset manager has fired the starting gun on the end of City life

Latest banking customer satisfaction results published

Introduced by the CMA, the survey gives customers the chance to see how their banks have performed over the last 6 months since February 2020.

Hong Kong, UAE, and Indian buyers push prime London property market to busiest in over five years

Domestic UK applicants are dominated by high-net-worth buyers and tenants working in finance and law.

French and German financing needs exceed value of ECB’s bond buying program – Citigroup

As such, one may expect government bond yields to extend their recent rise.

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