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

HFMC Wealth adds £130m assets with adviser buyout

The deal bolsters the adviser's London office as it sets its sights on a pipeline of acquisitions for the coming year.

The 20 best paid back room jobs in wealth and fund management

Thanks to the turmoil in the lead up to Brexit, recruitment of permanent back office staff by investment firms took a hit last year.

Deutsche Bank reports continued progress on strategic transformation

As at the end of 2019, Deutsche Bank had recognised 70% of the anticipated cumulative costs to achieve its transformation strategy between 2019 and 2022.

Hargreaves to overhaul Wealth 50 buylist

It will add a new functionality on its platform to help those who want to follow a “more independent path”, the firm stated in its results.

Estera Wins 'Trust Company of the Year'

The awards, announced in London on Wednesday 29 January 2020, recognise outstanding achievements in Estera’s Bermuda and Cayman Islands offices as well as the expertise of the firm’s team in Luxembourg.

Nutmeg surpasses £2bn AUM to maintain position as largest digital wealth manager in Europe

Nutmeg has today announced that it is the first digital wealth manager in Europe to reach £2bn (€2.34bn) in assets under management (AUM) on the back of 41% year-on-year growth.

St. James's Place Reports Fourth Quarter Flows

Our advisers continued to work hard in supporting clients through a difficult environment, resulting in strong retention of client investments throughout the year

Dolfin empowers family office Altaira Wealth Management with custody, execution and investment advisory

Altaira’s investment strategy is also a collaborative effort with Dolfin, which provides regular research and ideas to the Altaira investment team.

Refinitiv report on Transformation of Wealth Management – five trends for 2020 and beyond

According to the report, key trends shaping today’s wealth management industry include: data and analytics, digitalization, customization, operational efficiency and client relationships

Quilter reports positive trends in Q4 net flows

Strong fourth quarter performance from International with gross flows of £0.8 billion (Q4 2018: £0.5 billion).

Brewin Dolphin announces first quarter update

Brewin Dolphin has announced a trading update for the first quarter of its financial year ending 30 September 2020.

Asset Management – the New Private Banking

Instead of the label private bank, Staub sees his firm as a pure-play investment manager, a provider of investment advice and solutions.

Deutsche Bank WM to launch funds focusing on CIO views

Clients will also be able to add thematic investments to their core allocation.

Quilter to spend £20m a year on buying advice firms

QPCA is targeted at wealthy clients, people with more than £150,000 of investable assets.

Harwood launches bid for national IFA

Harwood Capital has until 25 February to present formal offer for Manchester-based IFA

Trust has one key mission - to preserve the 'real' value of investors' wealth

'It's a trust that private investors, charities and wealth managers all like,' says Lyon. 'It's broadly diversified and they like the fact that we aim to protect wealth in real terms.'

Queen's banker bullish on 'unloved' UK stocks

Johnson's insistence on completing a deal by the end of the year may stoke market risk if months tick by with little progress.

Charles Derby Group rebrands to Quilter Financial Advisers

Quilter Financial Planning is one of the UK’s largest distributors of advice, with over 3,900 advisers.

BTG Pactual opens first Europe wealth office to tap Brazil expats

The Lisbon office will focus on ultra-high net worth, high net worth and mass affluent clients in Portugal while also acting as a gateway for European individuals looking to invest in Brazil.

New business results for the six months ended 31 December 2019

The three months ended 31 December 2019 are referred to as “Q2 2020” throughout this document.

Wealth and Asset Management