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

Nutmeg records £19.3m loss post-JP Morgan takeover

JP Morgan-backed Nutmeg’s total losses since inception have hit £115m after the digital wealth manager posted another deficit last year.

J. Safra Sarasin appoints Sales Director

He joins from NN Investment Partners, where he spent 3 years promoting and marketing their sustainable offering in the UK.

Tilney Smith & Williamson today rebrands to Evelyn Partners

The new name reflects that the business is now one firm with a single purpose, which enables it to offer a broader, integrated offering to all clients.

North America retains top spot for High-Net-Worth population and wealth: World Wealth Report 2022

Europe moves past Asia Pacific to second place in growth rate, fueled by a recovering economy in Europe and slowing growth in Asia Pacific; 70% of HNWIs globally have invested in digital assets and currencies

Barclays Wealth hires from Santander, Brewin and Brown Shipley

Barclays Wealth Management & Investments has hired four wealth managers to bolster its presence in the East region, including a local manager.

Stonehage Fleming celebrates women in leadership with launch of “SF XV”

Stonehage Fleming’s mission is to be the trusted adviser to successful families and wealth creators.

Lumin Wealth snaps up South-East based adviser

Lumin Wealth said the purchase builds on its strategy of partnering with “like-minded advisers who share the same high standards” and commitment to client-centric solutions.

St. James’s Place announced as Law Society of England and Wales strategic partner

SJP will provide specialist financial advice for members to help them feel financially confident and in control

Wealth industry missing out on $230bn opportunity in lower HNW and affluent segments

Morgan Stanley and Oliver Wyman report

Legal and General expands Santander partnership

These solutions aim to meet the changing needs of those at retirement age, as well as providing additional support for brokers dealing with higher-level loans.

Benchmark Capital joins The Initiative for Financial Wellbeing as a Partner Member

This partnership will provide Benchmark’s high-quality advice firms with access to leading-edge financial wellbeing practices, resources and research to continue to develop their client propositions and relationships.

The UK steps up spending to sidestep a slowdown

In the meantime, Prime Minister Boris Johnson, having just won a confidence vote, is still fighting for control of his party and political survival.

UK wealth managers show strong appetite for model portfolios

Currently, just 14% of survey respondents do not use model portfolios for their clients.

Hedging is Back

Although the passive approach will remain, the current environment calls for active management

Global Business Outlook awards StanChart Best Wealth Management Bank for 3rd year running

This award cements the bank’s dominance in the provision of wealth management services in the industry.

250 year old Brewin Dolphin upgrades to combat the cyberfraud era

Brewin Dolphin Improves Security Visibility and Control with ExtraHop

Credit Suisse provides trading update

Market conditions so far in the second quarter of 2022 have remained challenging, consistent with our published outlook statement of April 27, 2022.

British wealth manager SJP eyes China’s growing pension market, details retirement risk for Hong Kong’s ‘sandwiched generation’

The company also released research showing Hongkongers with multi-generational responsibilities are being squeezed by inflation and slower growth

ZEDRA acquires AlleyBe in Malta

The acquisition adds 25 new team members to ZEDRA Malta.

GAM Wins the Swiss Sustainable Funds Award as "Best Swiss Equities" for the Second Time

This is where our sustainability assessment of companies comes in.

Wealth and Asset Management