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

Credit Suisse quarterly profits rise despite market turmoil

Lender’s trading business boosted by volatility while private bank revenues rise

M&A Activity: 2020 Outlook

With the help of sustained fundraising activity, private equity firms will continue to be active in the M&A market in 2020.

Top 50: WMs reveal how they improved their fund selection process

Wealth managers explain how their fund selection process has developed while their company grows.

Syz’s Clements sees flagship fund slip to 15% of size he inherited

Clements was last rated by Citywire in July 2018

EdR records CHF 43.9m net profit and proposes CHF 50m dividend

As part of the changes, Edmond de Rothschild (France) was also absorbed by the Swiss entity. According to the bank this resulted in expenses going up by 14% in 2019.

Weeks where decades happen by Tim Price

If this were just a time of Brexit, or the last election, my disdain for the British media might matter, but not that much.

Three Lessons From February's Market Turbulance

Mohammad Kamal Syed, head of asset management at Coutts considers how a diversified portfolio helped to preserve wealth during the worst of market falls in February

Sanlam Wealth opens new office in Royal Tunbridge Wells

Sanlam, formerly Principal, have had a presence in Kent since 1987. Sanlam bought Principal in 2010, with the firm rebranded in 2012.

A path through the bear market by Rathbones

Now the World Health Organisation has declared a pandemic and condemned Western governments for inadequate medical responses and social distancing protocols.

Fund managers spot rich pickings in wealth market

Clients are accustomed to paying higher fees for personalised service and are less skittish

LGT reports strong revenue and net new asset growth in 2019

The 8% increase in total operating income to CHF 1.82 billion in 2019 underscores the broad diversification of LGT’s business.

How Bill Gates, Jack Ma And 11 Other Billionaires Are Reacting To The Coronavirus Pandemic

On Saturday, Airbnb CEO Brian Chesky announced on Twitter that the company will allow guests around the world to cancel and get their money refunded.

Brooks on the lookout for acquisitions

Brooks would also ensure the firm had "good economics" and the right culture so the companies could integrate, while Ms Connellan added one of the "great possible outcomes" of acquisitions was the people who transfer over and the good

UBS Wealth cuts emerging market stocks bet

Emerging market stocks and currencies fell further on Thursday, with some Asian bourses hitting circuit breakers.

UK wealth manager Brooks Macdonald reports rise in profit

Brooks Macdonald CEO Caroline Connellan said: “I am delighted with the progress made during the first half."

Quilter 'confident' about replatforming after learning from rivals

When Quilter terminated its contract with tech provider IFDS and switched to FNZ in May 2017 it said it had spent more than £200m on the platform, and expected to spend about £160m more.

Wealth managers ask rich clients to stump up more against loans

UBS and Credit Suisse are among those seeking extra collateral from wealthy customers as markets tumble

International Wealth Management Firm Launches Spanish Logistics Fund

Swiss based wealth management firm acting as Investment Advisor, has completed its first Logistics acquisition in Zaragoza, Spain

Fanning fear by Paul Donovan

Although China's domestic economy is recovering, the global situation challenges external demand.

Quilter plc reports 3% growth in adjusted profit before tax to £182 million

Quilter plc preliminary results for the year ended 31 December 2019

Wealth and Asset Management