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

EFG International reports half-year 2018 results

EFG continues to deliver on its strategy and to strengthen its competitive market position.

Brewins reports record quarterly income

Brewin Dolphin announces a quarterly trading update

Schroders in talks to join UK fintech body

Talks confirmed just days after the asset management sector set up a fintech accelerator

BNP Paribas AM launches UK private debt fund

Access to lending market for smaller businesses

Leon Cooperman to close hedge fund Omega Advisors for family office

Money will be returned to investors at the end of the year

‘Suspicious wealth’ bought £4.2bn of London property

Criminals will have fewer places to hide their dirty money after the UK announced a world-first public register that will force foreign companies owning UK properties to reveal their ultimate owners.

Charles Stanley FUMA increases 4.6% in Q2

Discretionary service performed well

SJP defends DB transfer seminars to BA pilots

SJP’s position is that DB transfers are appropriate only in a small number of cases

Maitland Appointed by Brewin Dolphin as ACD and Fund Administrator

It is fantastic that Maitland have been chosen to implement this new structure for Brewin Dolphin

First IFA firm joins Sanlam in ground breaking model

Significantly, Sanlam’s partnership programme allows Ergowealth to retain ownership of its business and its clients.

Investec keen on mortgages for the wealthy

It is expected to compete on price and flexibility, including pre-approved terms to let borrowers draw down more finance in future, if the plan goes ahead.

Nordea's $356 billion wealth management unit is hit by outflows

Much of the lull in demand for Nordea’s wealth management services can be traced back to its Stable Return Fund.

Asset managers have lost allocation skills, says asset management chief

This is while they could sit back and enjoy a synchronised world, with only one currency to really worry about.

Beaufort Group launches new branch with two advisers

The support services that we offer allows the advisers to concentrate on what they do best – offering high end financial planning.

Quilter chief Feeney reveals growing advice arm ambitions

Private Client Advisers is Quilter's in-house advice business, which was launched in 2015 and has been expanding through a succession of acquisitions since then.

Queen's private estate records £20m profit but could take Brexit hit

Duchy of Lancaster surplus rises 4.9% on last year but Brexit is seen as ‘strategic risk’

Swiss wealth manager looks at London as Brexit looms

UBP set to acquire ACPI as Geneva worries over UK’s attraction for ultra-wealthy

SGG Group completes acquisition

A comprehensive review of the newly combined Group’s brands is currently underway and until this review is completed all businesses will continue to operate under their existing brand names.

Utmost Wealth to expand worldwide with acquisition

The acquisition is conditional on, inter alia, regulatory and competition authority approvals and is expected to complete by Q1 2019.

Investors on 7IM platform flee to safe havens

The best selling ETF was a product that buys physical gold, which is viewed by many as a safe haven.

Wealth and Asset Management