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

Credit Suisse Reaps Wealth Management Rewards as Assets Soar

Credit Suisse added net new assets at 7.5% rate in quarter

7IM hires Rathbones director to launch Jersey office

‘We continue to see strong demand in Jersey for our discretionary investment services and platform.

City sentiment on Britain takes a turn for the better as wealth firms devote more of their portfolios to UK shares

UK shares have remained unloved relative to the majority of other equities markets around the world since June 2016

St. James's Place first-quarter funds under management up 13% on-year

Andrew Croft, Chief Executive, commented: "After a record year for new business in 2017, we have maintained momentum in the first quarter of 2018."

Geneva Private Bank to Buy Asset Manager

The acquisition will increase assets under management at BPDG to about three billion Swiss francs.

Wealth managers are worried they're failing to serve the world's richest women, according to research

Though most might assume that women's investment needs are little different to men's, Orbium found that 78 per cent of respondents said some of the world's richest women were not having their financial considerations addressed.

UBS profit lifted by wealth-management gains

Asset Management had strong net new money of CHF 27bn excluding money markets, taking invested assets to CHF 792bn, the highest in a decade; adjusted1 PBT was CHF 108m.

Quilter reveals pay for key executives ahead of June IPO

Feeney will also receive a pension contribution of 10% of his annual salary.

Schroders targets wealth management growth

Schroders’ wealth management business has operations in the Channel Islands, Gibraltar, Switzerland, Hong Kong and Singapore, as well as Britain, Germany, Italy and Spain.

Profile: how this boutique beat the big guns of wealth

The government has given it £1 million to boost trade after some local businesses reported their income has dived by 90% s

UBS WM splits European business into two units

She added that the regulations are tighter in southern Europe, which justified the new set-up.

LGT Vestra to be headline sponsor for EY Entrepreneur Of The Year

LGT Vestra is delighted to support the programme as UK headline sponsor for the second year.

GAM reports increase in AUM

The Group's focus remains on delivering on its strategic priorities and achieving its targets over the business cycle.

Insider vs Outsider: Battle for private banks' new CEOs

Selection of a CEO doesn’t happen through a formula or a lucky draw. A lot of inputs go into selecting the leader

Wealth boutique to launch multi-asset ETF portfolio

The investment management fee on the portfolio is 0.5% plus VAT.

Asset manager Jupiter hit by clients withdrawing money and negative market conditions

The majority of outflows came from retail investors taking money out of the company’s fixed income offering including its Dynamic Bond Fund.

Progeny launches adviser-only ETF

A multi-asset ETF product that is only available through financial advisers has been launched by Progency Asset Management.

Another Dutch Bank Under Fire Over High Pay Increases

The bank employs 1,685 people, is worth around 14.7 million euros, and is one of the smallest listed companies on Amsterdam's stock market AEX, according to the newspaper.

HSBC reportedly to combine UK and Switzerland private banking units into single entity

The Financial Times said Chris Allen, who runs HSBC's private bank in the UK, Channel Islands, France and Germany will become the head of private banking for Europe, the Middle East and Africa

Client funds at Charles Stanley slide 4%

A net 7.9% increase in discretionary funds over the period was a positive, the group said.

Wealth and Asset Management