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

Big beast Buffett is no longer king of the jungle

Buffett’s Berkshire Hathaway had just taken out the venerable ketchup maker with the help of trusted hunting partner 3G Capital and it had whetted his appetite for further big targets.

2020 predictions for the wealth management industry

US asset managers have been on regular buying sprees to acquire European asset managers.

Investors pull £4bn from Schroders funds

In the 2017 calendar year the company had net inflows of more than £9bn

Quilter completes £445m sale of assurance business

The proposal for the acquisition of ReAssure came after Swiss Re pulled June plans for its float on the London Stock Exchange and remained on the lookout to dispose of the business to better streamline its operations to continental Europe.

Edinburgh boutique bank completes £30 million lending takeover

Hampden & Co says transfer of loan book from Smith & Williamson has attracted more business from wealth managers

Bankers' pay surges at City's top boutique firms

Average pay at Rothschild was up 57pc to £316,000 for the year to December 2018.

CISI eyes 40% jump in financial planner numbers

The CISI merged with the Institute of Financial Planning in late 2015 and has since sought to boost numbers in the financial planning profession, reporting "significant" growth in this area last year.

ING cuts jobs at private banking arm, but growth ambitions are unchanged

All 16 private banking branches will remain open

How Rich Families Plan to Get Even Richer

One of the main findings of the study is that family offices are very cautious about investments that conform to so-called ESG criteria.

Mirabaud Asset Management wins large real estate advisory mandate

As adviser to the ultimate buyer, Mirabaud has demonstrated its due diligence, professionalism and its ability to facilitate the execution of a complex transaction in a timely manner, a key challenge in today’s real estate world.

Global private equity group buys Wealth Manager

The Harwood Board therefore unanimously recommends that shareholders vote in favour of the resolutions relating to the Acquisition.

Mattioli Woods acquires Glasgow wealth adviser

Mattioli Woods has added £65 million to its coffers through the £1.6 million purchase of Turris Partnership for £1.6 million.

Wealth manager buys Glasgow financial planner in £1.6m deal

Turris Partnership in Glasgow is taken over by UK-wide operator Mattioli Woods

Kingswood continues US expansion with second strategic acquisition

Formed in 2017, the principals of the firm are Keith Gregg and Derek Bruton.

IQ-EQ shortlisted across three categories in Citywealth Magic Circle Awards

The Magic Circle Awards aim to celebrate the elite of the private wealth industry.

Ocarian shortlisted twice in Citywealth's Magic Circle Awards 2020

The annual Magic Circle Awards identify the best advisers and managers in the global private wealth industry.

Tikehau Capital partners with Intesa Sanpaolo's Fideuram to offer private market solutions to HNWI

So far, the Fund has been subscribed to by almost 3,000 clients of Fideuram - Intesa Sanpaolo Private banking networks.

Is investment management too much of a risk for IFAs?

Today, many managed portfolio services have large teams of researchers monitoring funds and providing support to their investment managers – as a firm, we have more than 50.

Mirabaud AM announces the merger of two global convertible bonds funds

Since both funds’ investment processes had converged, and in order to allow investors to benefit from economies of scale with a larger pool of assets, Mirabaud has made a proposal, which has been accepted by its investors, to merge the two ESG Conve

Northern Trust selected by Nordic investment manager

Northern Trust will provide global custody, fund administration, transfer agency, depositary, and company secretarial services for the Storebrand funds in Luxembourg.

Wealth and Asset Management