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

Sanlam Investments launches US Absolute Return Fund

Tom Carroll, Head of Asset Management at Sanlam Investments said: “It remains a hugely challenging environment for investors seeking positive returns amid volatility.

Balance of payments current account: still running deficits

Putting aside the erratic quarterly movements in 2019Q1 and 2019Q2 for a moment, the current account deficit tended to improve in late 2016 and 2017

Wealth firm Saranac racks up £45m loss since 2016 launch

The wealth firm, which was set up by former Barclays wealth chief Tom Kalaris, lost another £13.3 million in 2018, although it remains optimistic about breaking even by 2020.

Future of Wealth Management

A strong final message from the panel was regarding the risk of public beneficial ownership registers to the safety of high net worth families.

Wealth Transfer for the next generation in Monaco

It might be a surprising fact, that the Principality of Monaco protects the primary family member and not the relatives; therefore, Monaco supports the direct line of descents.

HSBC forecasts economic slowdown in Q4, rules out recession

The bank adopts a mild risk-off stance on equities with a preference for defensive sectors over cyclicals

Unigestion and Allianz Bank partner to offer multi-asset fund in Italy

Allianz will offer the strategy via their internal fund, X-team Unigestion Navigator, on the Unit Linked Challenge Pro platform.

ZEDRA announces an agreement on the acquisition of Talenture in Ticino

The Lugano office will be ZEDRA’ s fourth in Switzerland and importantly will expand its footprint into the Italian-speaking region of the country.

The Fiducia Group launches new Corporate Finance division

Fiducia Corporate Finance will operate in the UK, and across European and global markets both for introductions and placements.

Ascot Lloyd sets sights on 8 IFAs

The announcement comes a month after Ascot Lloyd acquired two financial planning firms

Spooky by Tim Price

Autumn naturally lends itself to a mixture of retrospection and introspection.

Quarterly Update: Central Bank Support Soothes Political Pain

Resilient economic growth and supportive central banks outweighed the impact of a series of political shocks in the third quarter of 2019

Swiss banks benefit as rich Britons line up escape route from Brexit chaos

This trend had clearly intensified in recent weeks, a source at a large Swiss bank said.

Profile: ‘Private banking’s image is set by large, inflexible institutions’

As a business, Arbuthnot Latham is diverse and collaborative, using technology to help sometimes ‘wilful’ clients envisage their financial future

Creating the future… with a little bit of help from Weatherbys

In other words, if we make change something we enjoy doing, we’re likely to do a lot more of it, he said championing ‘bottom-up diverse collaboration’, the best current example of which might well be the Extinction Rebellion protests.

Bristol Private Office Services to Partner with Asset Managers

We find many families where their focus has been on building a business and working hard, who then need support on how to manage their wealth.

UBS Investment Bank: Roll On, Job Cuts

The unit has added 376 people since the duo took over from Andrea Orcel last year.

Schroders enhances investor access to private equity with new fund

The fund will focus on small and medium-sized buyouts in Europe and USA, encompassing companies that typically have an enterprise value of less than US$250 million.

Why the North is luring wealth managers

Manchester, Leeds and Liverpool's lure for wealth managers has increased sharply in the past two years

Credit Suisse says risk calculation, hedging change to reap $250 million

While the Zurich-based bank has decided to continue financial reporting in Swiss francs, Credit Suisse said it would calculate its Group Operational Risk risk-weighted assets in dollars

Wealth and Asset Management