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

Credit Suisse Veterans Lead Shakeup of Opel Family Office

Marina Viergutz, Susanne Reinhard join Opel family’s GVO

Stern granted Swiss asset management licence

The firm’s partners and the Stern family account for approximately 20% of the firm’s assets under management.

Wealth managers try to avoid 'conversational cul de sacs' on philanthropy

Clients are often happy to discuss particular charities which they support – especially if someone in their family received outstanding care in the past.

Basel investment firm to merge with billionaire’s asset manager

The tie-up between special situation investment firm Youngtimers and Hong Kong billionaire Adrian Cheng’s C Capital is set to allow the latter to be listed on the Swiss Stock Exchange.

Impax Asset Management Group plc completes acquisition of fixed income assets of Absalon Corporate Credit

With the completion of the acquisition, Absalon’s Global High Yield and Emerging Market Corporate Debt strategies become part of Impax’s fixed income range, with funds available on Impax’s Irish-based UCITS platform.

Close Bros’ wealth arm in fresh talks over £200m sale

Private equity house Oaktree Capital Management is rumoured to be in talks to buy Close Brothers Asset Management.

Pictet’s head of fund research lifts the lid on current searches

Sébastien Gentizon talks through his team’s strategy and how its high-conviction approach feeds into the Swiss bank’s wider thinking.

CHF 610m fundraise propels Swiss Life property fund to top table

With a market cap of around CHF 2.5bn, the strategy is now one of the five largest listed real estate funds in Switzerland.

Vontobel merges German AM subsidiary with sister company

Company hopes integration will enable it to pool its strengths and become more efficient.

Wealth managers grapple with long client onboarding times, study shows

The experience of wealth management professionals varies between the UK and the other markets included in the survey.

PIMFA sets out 5-year agenda for government to create a UK Culture of Thriving Financial Health

PIMFA believes that this can be done primarily by equipping retail investors with the tools and incentives necessary to save and invest for their financial futures.

Wealth Management Boosts Profits at Zuger Cantonal Bank

The Zuger Cantonal Bank increased its operating income by 1.7 percent to 154.2 million Swiss francs in the first half of the year

Annalise Toberman: Wealth management’s disputed territory

This is no longer a cottage industry of stockbroking firms serving those of privileged means

SEB’s results for the second quarter 2024

While the interest rate cuts during the quarter resulted in a decrease in net interest income, we saw improved momentum in other parts of our business.

Advisers need to teach clients about their ‘relationship to money’

That level may vary throughout the day, but in general, people have a standard level of happiness in their mood.

What factors are driving the rebound in global wealth?

The proportion of people in the world in the lowest wealth bracket has shrunk since 2008, while the proportion of people in every other wealth bracket has grown.

UBS Suffers Setback in Greensill Scandal

They also complain that they have been denied access to important documents.

Sustainability: an increasingly important consideration for wealth management

Sustainable finance regulation is on the rise.

Objectway scores a hat-trick in Private Banking and Investment Management from IBS Intelligence

Objectway maintains its leading position in the IBS Intelligence Sales League Table

Schroder British Opportunities Trust Full Year Results

This follows an increase in the previous year of 3.1% and 12.3% since inception.

Wealth and Asset Management