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

Fairstone Group sees 50 per cent growth in recurring income

This solid performance across the key metrics of the business is further bolstered by new half year figures for 2019, which show continued momentum.

Young women clients demand greater transparency from ‘off-putting’ wealth management

A study from Netwealth on women's attitudes to wealth concludes the industry must up its game to appeal to a new demographic of clients

Julius Baer decides to keep Kairos after strategic review

Between the start of the strategic partnership in June 2013 and 30 June 2019, Kairos’ assets under management more than doubled to over EUR 9 billion.

Old school wealth managers bulk up for leaner times

Tilney’s buying spree is also a fight for survival

LGT Group Pairs with George Soros

The segment is a source of booming revenue for LGT.

Aberdeen Standard takes trust administration in-house

Aberdeen Standard's move could benefit investors if it works out cheaper than the previous deal.

UK wealth manager rolls out cash management service to advisers

The company will search across 5,550 deposit accounts to help clients find the best interest rate.

Wealth manager hails 'strong' ethical portfolio performance

The funds selected in Kingswood’s portfolios comprise a range of ethical strategies.

Swiss private bank profit dips even as AuM rises

Net inflows were said to be “robust” in the first half.

Income and profits fall at Mirabaud

The Group had total assets of CHF 4,148 million (CHF 4,092 million as at 31 December 2018).

Wealth management bosses fear political fallout from Brexit

Report coincides with pound plummeting as Boris Johnson moves to suspend parliament

Van Lanschot Kempen: net profit of over €83 million and capital return proposal

We note more client uncertainty and a greater need for advice in these conditions.

Sanlam UK acquires majority stake in IFA

Commenting on the acquisition, John White, CEO of Sanlam UK’s Wealth division said: “This deal marks a confident expansion of our reach and further underlines our commitment to grow and strengthen our proposition in the North of England.

Collapsed Greyfriars adviser owes clients £700k

A smaller amount of £100 was owed to the taxman but the company did not owe any money to its former employees.

SJP Singapore Secures Capital Markets Services Licence

The licence will enable us to expand our investor base and we are excited to be growing our business in Singapore, where we have evolved from serving a primarily expatriate clientele to a trusted wealth manager for all Singapore residents.

Boxing Market Volatility with A Different Fighting Style By Frédéric Babu

A long running bull market, interest rate uncertainty, and geopolitical turmoil have the potential to make markets more volatile.

Forget the generation gap – the gulf between rich and poor tells the real story of our times

Talk in terms of conflict between generations is familiar and fits easily into our standard framing of social issues.

Deutsche Bank and UBS Explored European Banking Alliance

Deal talks in June never coalesced but show how far European lenders are willing to go to address a punishing banking environment

Lombard Bank Malta plc half-yearly results for 2019

Customer deposits increased by 2% while the resultant Group Net Interest Income for H1 2019 was up by 14% from €9.0m to €10.2m.

Raiffeisen Half-Year Profit Drops on Revamp

And yet, revenues declined even disregarding the private-banking division’s business, while costs increased slightly.

Wealth and Asset Management