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

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.

The affluentisation of wealth management: enhancing the client experience

As the total addressable market size for fee revenue in the affluent segment is estimated to be up to USD 40 billion annually, this presents a significant opportunity to wealth managers.

Wealth management professionals from Jersey join awards judging panel

Now in their fourteenth year, these awards were established to highlight the excellence of the advisors and managers in the private wealth sector

Lombard Odier reports half-year 2024 results and announces evolution in the Partnership

Lombard Odier’s balance sheet remains strong, liquid and conservatively invested, and totalled CHF 13 billion at end-June 2024.

Interest Business Weighs on Bank Frick's Profit

The balance sheet total stood at 2.5 billion francs at the end of June.

Wealth managers go west with acquisition

Glasgow base helps Tweed Wealth Management cover the nation

Evelyn Partners adds 2 funds to Sustainable MPS in rebalance

The team also added to its positions in the FTGF ClearBridge US Equity Sustainability Leaders and Brown US Sustainable Growth funds.

Wealth managers warn investors of upcoming UK government tax raid

The stark warning from wealth managers follows UK Chancellor Rachel Reeves refusing to rule out tax rises and after Sir Keir Starmer warned the autumn budget will be ‘painful.’

BNP Paribas Asset Management launches fixed maturity ETFs

The portfolio typically has a short to medium-term maturity such as three or five years, depending on the investment horizon.

Dubai-based Hoxton Capital Management rebrands to Hoxton Wealth

Since Hoxton’s inception in 2018 it has committed to being a more wealth tech-focused and less ‘pen, paper and pinstripes’ advisory model

Wealth and Asset Management