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

St. James's Place Market Bulletin - Competing forces

Financial markets continued their seesaw last week as the US economy showed further signs of strength and the Greek debt drama inched closer to its ending – quite possibly a bad one

Nicola Horlick wins inaugural 'Champion of Change' award

Nicola Horlick has been named the inaugural winner of the 'Who’s Who Champion of Change’ award

European Fund Selectors Seek Greater Transparency

Transparency, both in official reporting and day-to-day communication, not only tops fund selectors' demands, but lack of it is also the main criterion for deselection

Investors shift to cash for protection

An overall total of 207 panelists with US$562 billion of assets under management participated in the survey from 5 June to 11 June 2015.

Morning Coffee: Paranoia at Credit Suisse. The hideous truth about 70 hour weeks.

Unfortunately for Credit Suisse’s investment bankers, that time is running out.

Only one in four absolute return funds makes money every year

Despite promising annual growth, many absolute funds are failing, says new analysis.

Europe draws up Greek capital control plans as default is 'all but a certainty'

Eleventh hour bail-out talks last just 45 minutes with reports creditor powers are planning ultimatum offer with threat of capital controls

Zurich tops list of most expensive European cities for expatriates

In the Middle East, Tel Aviv is the most expensive location, despite falling 3 spots to 24th place.

Berlin Banking on Billions Spent on Arts Yielding Tourist Riches

Berlin is spending billions of euros to renovate old museums, build new ones and snatch celebrity talent in a bid to upgrade the city’s cultural lineup and satisfy visitors flooding the German capital

The brave new world of Bitcoin

The use of block chain or other protocols can facilitate the use of a decentralised public ledger system to partially replace the traditional banking system.

Estonian central bank ups 2015 GDP growth forecast

Euro zone member Estonia's economy will grow faster than previously forecast in 2015 as the economy re-orientates its trade to other markets away from neighbouring Russia,

World Bank slashes growth forecast for emerging economies

Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities

Where to earn bigger money in the Big Four

That same salary survey suggests that accountants with 20 years’ post-qualification experience earn an average of ‘just’ £113k – big in comparison to the UK average, a pittance in comparison to the sums that equally seasoned

Witanhurst-style billionaires’ homes are on the rise in north west London

London is the billionaire capital of Europe. Over 140 of these ultra ultra high net worth individuals now have homes in the capital, and 72 of these use it as their primary base, according to a recent report.

CEE Banking Sector: 2015 as a transition year

"New normal" has arrived in the CEE banking sector

Hype about German residential properties continue - Catella

The hive of activity currently witnessed in terms of investments, price increases, takeovers and initial public offerings in the German property markets is a sign of the great attraction of this market segment.

St. James's Place Market Bulletin 09/06/15

Bond markets around the world took a tumble last week as the US economy appeared healthier than had been feared.

Eurozone QE needs to kick-start domestic demand- UBS AM

McCallum also noted that while banks so far seem more willing to lend and at a cheaper cost, lending to the private sector has remained very weak.

The UK Financial Conduct Authority FCA Publishes Its Bi-Annual Hedge Fund Survey

On June 2, the Financial Conduct Authority published its bi-annual hedge fund survey concerning the investment activities of hedge funds managed by a sample of hedge fund managers operating in the United Kingdom and supervised by the FCA.

Comment: Trackers put the squeeze on managed funds

Are you an active or a passive investor? Barely a month passes without further evidence of the growing popularity of index-tracker or passively-managed funds and trusts.

Comment, Analysis & Research