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

Sanlam UK on a quest to be ‘go-to brand for intermediaries’

‘There are plenty of opportunities, most of the life companies have died’ says former Thesis director

Mediobanca CEO defends strategy under fire from Italian billionaire

But Mediobanca CEO Alberto Nagel, who is due to present a new business plan on Nov. 12, told a conference call that his growth strategy was based on organic assumptions.

Barclays profits hit by £1.4bn provision for PPI claims

Barclays had previously announced it expected to incur £1.2bn to £1.6bn in PPI-related costs.

Whisky fund opens up to UK wealth managers

A Sweden-listed whisky fund is to try and raise capital from UK wealth managers and family offices

Only 26% of investors have a clear fixed income approach to responsible investing

Historically, responsible investors have tended to focus more on equities than on fixed income

Succession gains £500m AUM with adviser acquisition

Underpinning Succession’s ongoing focus on profitable, nationwide expansion and integration of large-scale businesses

Passing on Wealth: Motivations, Emotions and Challenges

Gareth Parsons: Our latest research report looks at the challenges and emotions associated with passing on wealth.

Profile: the new wealth gatekeeper with £100m ambitions

With almost three decades at Coutts between them and senior positions at two major private banks Samik Mukherjee and David McLellan decided to take a chance on going solo

Rothschild & Co acquires advisory firm

Livingstone provides M&A, debt and special situations advice to entrepreneurs, and private and private equity-backed companies in the mid-market segment.

Brooks Macdonald sees £28m of ouflows

Modest FUM growth, continued focus on efficiency, on track to meet full year expectations

RBS announces Q3 results.

These results demonstrate our solid underlying performance in a tough operating environment.

Coutts and Adam & Co get record Natwest referrals

Coutts and Adam & Co recorded the ‘best year yet’ for referrals from Natwest Commercial Banking, with 30% of new clients coming from the wider group.

UBS reports fall in Q3 wealth management profit

The group’s operating income dropped 5% year-on-year to $7.09bn, while operating expenses increased from $5.72bn to $5.74bn.

Finnish VC’s family office acquires stake in Augustus Capital AM

It will also permit the expansion of our offer to new sectors and geographic areas, bringing a truly international dimension to Augustus.”

St James’s Place maintains inflows amid 'uncertain external environment'

St James’s Place has recently faced criticism over its fee structure, which involves higher charges than many of its competitors, as well as the lavish incentive scheme offered to its partners.

Deal takes edge off Butterfield Bank profit

The core return on average tangible common equity for the third quarter of 2019 was 22.5%

Refinitiv enhances its wealth portal solutions via addition of widget capabilities

The new digital tools deliver a customizable suite of widget capabilities designed to support the experiences of wealth management firms on Refinitiv’s portal.

High net worth individuals think change in government threatens their finances

The research also finds that almost half of HNWIs consider a deterioration in their non-financial wellbeing, including good physical and mental health

Founder of London & Capital Daniel Freedman dies

Daniel Freedman passed away unexpectedly earlier this week

Wealth manager Quilter sees challenging backdrop

The sale of Quilter Life Assurance is expected to close by the year end and will result in the group becoming a more focused advice-led wealth manager.

Wealth and Asset Management