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

Hargreaves Lansdown apologises to customers locked in Woodford fund

Woodford Equity Income Fund was on investment platform’s favourite funds list

Kingswood partners with Flagstone to launch new cash platform proposition

Kingswood believes the flexibility and accessibility of choice coupled with the compensation protection will act as a strong incentive for clients to move their savings into accounts paying higher rates of interest.

Are you richer than you think? How to calculate your net worth by Penny Lovell

‘Your net worth is usually determined by what remains after your bad habits are subtracted from your good ones.’ – Benjamin Franklin

Axxsys joins larger asset and wealth consultancy

Axxsys has provided specialised management consultancy and technology implementation services to the investment management industry since 2003.

Will US firms change the face of Britain’s advice market?

The service lets clients first select their goals (whether it be sending their children to university or saving for retirement), and then provides them with the probability of achieving each goal, as well as suggestions on how to increase the probability

UK wealth manager eyes £2bn AUM

As double acquisition adds around £250m towards its target

Woodford – our view

While the trading suspension is very frustrating for those who need the capital now, it’s a protection against risk for investors.

Standard Life Aberdeen eyes £30m IFA swoop on Grant Thornton

The Edinburgh-based asset management giant is in exclusive talks to buy GT's IFA business, Sky News learns.

Investors plough £10m into UK's newest private bank

The fund rasing was disclosed in the company's annual results, which showed operating expenses up 17.5% at £12.1 million last year and total income 63% higher at £6.4 million.

Dolfin powers up with Falcon acquisition

The London wealth management boutique is makes new headway with the acquisition of Falcon private bank amid raft of impressive hires, reports Arun Kakar

Arbuthnot Latham moves to Euroclear’s investment fund service

Euroclear noted that from the placing of a funds order to the settlement, transfer, reconciliation and corporate action processing of the asset, the service makes a fund held in the UK as easy to administer as any other EUI-eligible instrument.

ECB interest rate: "If the economy continues to stagnate, the ECB will be forced to intervene", Nancy Curtin

Pressure is now increasing on Draghi to give the eurozone economy a boost. For the time being at least, the ECB has resisted taking radical action.

Union Bancaire Privée joins The Big Exchange as founding member

UBP has joined forces with a group of major fund houses to support The Big Exchange, co-founded by The Big Issue*.

Schroders and Lloyds advisory takes on 500 staff

Schroders Personal Wealth chief executive James Rainbow described the move as a "significant milestone" for the business and expressed his "delight" with the progress the firm was making.

Wealth management giant ditches Woodford as manager of £3bn funds

The move by SJP comes just days after Mr Woodford was forced to suspend dealing in his Equity Income fund.

Chase de Vere profits top £10m for first time

Company turnover increased from £57.38m to £68.49m and average fee income per adviser rose from £286,000 to £296,000.

Unigestion plans wealth management push following asset gathering

Increasing UK footprint

Wealth management firm buys two NW counterparts

Leicester-based Bankfield and Devon-based SWFP, both specialise in holistic financial planning and wealth management.

Private bank welcomes 63% income growth during 2018

The capital bank also in April of this year saw shareholders invest a further £9.8m in the business.

Credit Suisse CEO dismisses European bank mergers as 'solution'

The failed merger talks between Germany’s two biggest lenders prompted speculation of deals with other European banks, including UBS.

Wealth and Asset Management