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

Wealth managers forecast client growth of more than 20%

The research included wealth managers and financial advisers representing organisations managing approximately £1.207 trillion in assets.

Mirova exceeds €200 million in commitments for the final closing of its first private equity fund

Two years after its launch, MEAC has lived up to its promise, raising €211m in commitments, from which 30% come from private clients attracted by the multi-thematic approach of this SFDR Article 9 fund1.

2024 half-year results: Swiss Life increases profit from operations by 7% – significantly higher fee result

Swiss Life further expanded its fee business in the first half of 2024 and increased fee income by 7% in local currency to CHF 1.26 billion.

WealthTech Solutions Present a $9.43 Billion Market Opportunity by 2028

The wealthtech solutions market is expected to see rapid growth in the next few years.

Fostering respect between generations key for wealth transfer conversations

By the time those grandchildren have kids, 90 per cent of that family fortune will be gone.

Titanbay teams up with Mercer on first private markets fund of funds

The product aims to overcome the key challenges faced by wealth managers in accessing private markets.

Close Brothers AM unveils Winchester office

A fresh location in Winchester is opened by Close Brothers Asset Management.

Foster Denovo expands presence in Scotland by snapping up Glasgow-based advice firm

Managing director of Rosemount Asset Management, Raymond Pirrie, added: “We want to grow and advance in the right way.

Titan Wealth to close multi-asset range of funds in one month

The news follows Tavistock’s termination of its partnership with Titan last month

No Smooth Sailing Expected for UBS’ Iqbal Khan

This is a historical milestone for the Swiss financial giant as it has placed a divisional president in Asia for the first time ever.

Basisbank named Best Private Bank in Georgia at the Global Banking & Finance Awards

The award salutes the bank’s wide range of products and services that meet international standards.

Geneva-Based Private Bank One Swiss Reports Lower Profits

Following a strong performance in 2023, One Swiss reported a decline in net profit for the first half of the year.

A survey reveals that nearly half of family wealth consists of financial assets

Despite the trend of diversifying booking centers, nearly half of high-net-worth individuals still keep all their assets in a single country

Azets Wealth Management buys Glasgow-based firm

It offers a range of financial planning services including pensions, investments, family wealth planning, corporate investment, IHT planning and other bespoke requirements.

Pictet announces first-half 2024 figures

The Pictet Group's total equity and total capital ratio remained strong.

Zürcher Kantonalbank once again achieves a pleasing half-year result

The AAA rating for Zürcher Kantonalbank was confirmed again

HSBC Asset Management expands private credit capabilities

These initiatives mark expansions in response to growing institutional interest in the private credit market.

Brown Shipley suffers £2.5m writedown on 2019 buy

The impairment charge was linked to the wealth firm’s purchase of Cambridge-based NW Brown and attributed to a ‘fall in assets under management’.

SJP appoints Centrick Invest to oversee Asian property investment

The wealth manager has appointed Centrick Invest to its panel as a property partner after “significant due diligence”.

Claire Barker: Are women about to take control of global wealth?

This lack of confidence is not necessarily tied to a lack of ability, as women who do invest generally see better returns than men.

Wealth and Asset Management