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

Gresham House assets rocket 42% in 2020 on ESG wave

Assets under management at alternative investment specialist Gresham House leaped 42% to £3.9bn last year, driven by growth in its sustainable strategies.

UK, Europe to prosper after Brexit divorce, top banker tells Saudi summit

Thomas Gottstein, chief executive officer of Credit Suisse, was speaking at the Future Investment Initiative, in Riyadh

Few employ a philanthropic strategy despite recent groundswell in interest – Johan van Zyl

Philanthropy plays an important role in defining purpose

SocGen Private Bank outsources international back office IT to Azqore

The agreement would cover Societe Generale Private Banking in Luxembourg, Monaco and Switzerland and the Group Kleinwort Hambros, headquartered in London.

Lombard Odier Family Saga Plays out in Court

The brothers wanted extend their claim to current and recent partners of Lombard Odier like Patrick Odier.

International Federation of Family Offices launches to support global family office ecosystem

It was following this last meeting that AFFO and the AIFO decided to jointly create a federation to bring together the existing family office associations of each country, with over 50 family offices as members.

Brewin Dolphin - Quarterly Trading Update

Total funds grew to £51.4bn, higher than pre-COVID levels, driving strong income growth of 7% in the quarter

Investors face clone firm investment scam epidemic

On the other side, many others will have experienced a hit to their incomes, and will be trying to achieve the best return possible on their savings.

‘Limited upside potential left’ in equity, says Geneva wealth manager

The outlook said the markets are pricing in that the health crisis can be solved.

Working from home is losing its effectiveness, bank executives say

He predicted that more people would come back to offices to work, but with flexibility to work from home.

Coutts Reshapes Offer For UHNW Clients Under The Coutts Family Office Name

CFO offers the bank’s wealthiest clients unique investment opportunities, tax and inheritance planning and the ability to facilitate their philanthropic ambitions.

Vintage Wealth Management acquires Beaufort firm Corfe WM

Vintage Wealth Management has acquired Surrey-based Corfe Wealth Management, an appointed representative of advice network Beaufort Financial.

Berenberg boosted by Deutsche Bank’s retreat from equities

Private German bank reports record profits and plans to broaden footprint in Frankfurt

GAM Loses Major Private-Label

The GAM Private Labelling business provides fund solutions focused on structuring, legal set-up, fund administration arrangements and management company services.

SJP partners with financial services training firm

“We are delighted to be working with Redmill Advance to provide an effective and flexible way for individuals to learn, giving them the best opportunity for exam success.”

Stock pickers beat the index in 2020: Has active management turned the tide in battle against passive?

The data found that income managers struggled to beat the index, primarily as a result of their inherent value style bias, while North American managers were flat compared to the broader index.

Vontobel Asset Management transitions front-to-back investment servicing to State Street AlphaSM

The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, an active asset manager with global reach and a multi-boutique approach with more than CHF 120 billion in assets under management (AUM).

WealthTech Talks: Enhancing financial planning for UK wealth managers

As with many other areas of need and opportunity in the wealth management sector, there is clearly a strong case for modern technology tools to enhance, scale and build out the offering.

UBS: 2020 Net Profit of USD 6.6bn, 17.6% Return on CET1 Capital

It is this broad-based strength that has allowed us to stand by our clients, our team and those in need throughout the pandemic.

Quilter AUM grows by 7%

Fourth quarter gross sales of £2.8 billion (2019: £3.5 billion) and net inflows of £0.4 billion (2019: £0.5 billion).

Wealth and Asset Management