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

SJP changes managers at three funds to boost returns

Each of the three new fund managers will aim to reduce the fund’s carbon intensity by 50% against the benchmark.

Wealth managers must conduct an urgent gap analysis for MiFID II suitability requirements

Under the latest amendment to MiFID II, wealth managers will need to proactively assess their clients’ sustainability preferences in the same way that risk tolerance and investment knowledge are measured currently.

‘Buy Brewin Dolphin!’: Nine wealth managers’ top H1 calls

Asset allocators had to make some tough decisions in the first half as inflation, exacerbated by the Ukraine war, turned the market on its head.

Publication of shareholder circular in connection with proposed simplification of Company’s dual class share structure

For the purposes of approving these proposals, the Circular contains notices for two shareholder meetings each to be held as hybrid meetings on 15 August 2022 at 1 London Wall Place, London, EC2Y 5AU.

VP Bank takes a bleak view of market prospects

The bank’s chief investment officer warns that the global economic outlook could deteriorate further before it improves.

AFH-owned insurance broker enters liquidation

The insurance broker remains authorised and regulated by the FCA.

Necessity is the mother of invention – how wealth managers need RegTech to navigate marketing and sales compliance

In addition, operating in multiple jurisdictions means there are decisions to be made over whether to take a broad-brush approach and apply the strictest regulatory regime to all products, or adopt the compliance rules of each country and have a more tail

UBS Considering Single Wealth Management Head

It additionally indicated that the step would also potentially set him up to succeed current UBS chief executive Ralph Hamers, although no final decision has been made yet.

The UK’s new wealth management landscape

The deal is the largest in a wave of consolidation that has swept through the UK’s wealth management industry.

UBS Weighs Elevating Iqbal Khan to Sole Wealth Management Head

After surpassing the $3 trillion mark in assets under management, the Swiss lender under Hamers is counting on greater use of digital technology to boost cost savings and increase business with the world’s wealthy.

Average UK wealth increases 59%

Those in London have seen their wealth grow fastest.

Evelyn Partners adds to Cambridge financial planning team

Catherine Glennon will join Evelyn Partner’s Cambridge office from Tees Financial, the Independent Financial Adviser arm of regional law firm Tees.

GAM streamlines bond funds after strategic review

Swiss fund house to focus efforts on high conviction and high alpha products, Citywire has learned.

Schroders announces continuation of its partnership with UK Platform Awards 2022

This year’s Award ceremony will be hosted by Kate Silverton

Changes in consumption patterns: survival of the fittest

Secular trends encompass thematic opportunities with the potential to have a material effect on the world and financial landscapes with long-term and lasting consequences.

Liontrust profits more than double despite tumbling flows

Profit before tax of £79m

Mattioli Woods' revenue soars 70% after acquisitions

In May it completed the acquisition of Ferguson Financial Management, bringing in another £80mn of assets under advice.

'Wealth illusion' vital for UK confidence

This is being driven by overall rental yields responding to the broader rises in gilt yields, as well as the very depressed levels of consumer confidence putting people off moving home.

Brooks Macdonald cuts fees on Cornelian multi-asset range

The wealth firm has cut fees on its active and passive Cornelian multi-asset range.

Lombard Odier Investment Managers launches New Food Systems strategy

Strategy is designed to capture the opportunities associated with the sustainability-driven transformation of Food Systems.

Wealth and Asset Management