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

Wealth Management: Quarterly Letter – Why the long term?

Investors tend to be rewarded for their patience and staying invested

Redmayne Bentley profits slide as it counts cost of hiring spree

Redmayne Bentley cited ‘ongoing economic uncertainty’ and increased investment in the business as it reported a 14.4% fall in profits.

New company out to take fresh approach to financial planning

Two Aberdeen-based financial advisers have teamed up to launch a new business.

National adviser gets private equity backing

The value of the investment was not disclosed, nor was the value of the stake that CBPE would take in the business.

Tenet creates South East hub with double acquisition

Tenet launched the scheme in January 2018 and has since made more than 15 acquisitions through the process.

‘Major’ investment will not halt IFA firm’s acquisition spree

Since it was founded in 2008, the business has bought 35 advice companies

HSBC GAM plans ETF push in 2020

ETFs are still one of the fastest growing investment products in Europe and Asia, and we are seeing increased demand from our clients for ESG-focused ETFs" HSBC GAM has been offering passive strategies to its clients for nearly three decades and has

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

Wealth and Asset Management