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

Bigger means better for asset managers merging to survive

Jupiter’s swoop for Merian shows how times are changing in the sector as bold moves replace the normally staid practices of fund handlers

Schroders set to change results reporting to woo City analysts

At the end of last year Schroders embarked on a restructuring drive which could lead to 200 job cuts globally.

Investec AM valued at up to £2.1bn in IPO

The shares will list on the London Stock Exchange on March 10 and the cash raised will be retained by the parent company.

Schroders, chaired by Michael Dobson, prepares City charm offensive

The 216-year-old group, chaired by Michael Dobson and still controlled by the Schroder family, has traditionally split out its performance along the lines of retail and institutional fund management.

J. Safra Sarasin Group announces robust results in 2019

2019 has seen the issues of environment and sustainability dominate the headlines.

Alantra WM boosts business growth in northern Spain

It has also been reported that the new office has already managed to raise some €300m of new capital.

Lombard Odier Group reports results for 2019

Client assets up 16% to CHF 299 billion

UBS cuts chairman’s wage and CEO’s bonus following CHF4bn French fine

In addition, UBS’ board of directors will reduce fees for all of its members and eliminate the share price discount, effective from the 2020 annual general meeting.

World Heart Beat Music Academy announced as ZEDRA’s first international charity partner

ZEDRA has a proud track record of supporting local communities in the countries it operates in around the world.

St. James's Place full-year operating profit down 5%

Record funds under management and confidence in our business underpins 5% increase in final dividend.

Hurun Global Rich List 2020

The Hurun Global Rich List 2020 ranked 2,816 billionaires from 71 countries and from 2,182 companies.

SJP boasts a quarter of new chartered planners

Despite this the advice firm reported "record" funds under management of £117bn last year, up from £95.6bn in 2018

A Private Bank That Survived the Nazis May Be Broken by German Tax Scandal

Longtime chairman Olearius forced to leave supervisory board

Pictet Wealth Management to open banking branch in Monaco

From a legal point of view, the new banking branch is affiliated to Pictet & Cie (Europe) SA, the Group’s bank in Luxembourg.

Pictet WM opens banking branch in Monaco

A presence in Monaco will allow us to offer local access to the Pictet Group's investment expertise, borne out by more than two centuries of experience."

Harwood Wealth Management Takeover Offer Gains Approval From UK FCA

The remaining condition for the takeover is a sanction from the High Court of Justice in England & Wales at a hearing which is expected to be held in March.

Private Banking Insight: What are the industry's biggest challenges?

Regulation, recruitment and retention are the three Rs listed by our panel of industry experts

Wealth managers move savers into pricier portfolios

DIY investors are the new target of services designed for the super-rich

Wealth manager Elkstone set to launch €50m seed fund for Irish tech fledglings

The Elkstone management, including Merriman, is also making a significant personal investment in the fund.

UBS unveils investment initiative for private clients

Plastic waste in the sea could outweigh fish by 2050 if current practices continue.

Wealth and Asset Management