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

Schroders AUM up 9%

The first part of the Lloyds mandate, around £45 billion of assets, will fund in the second half of the year.

StanChart first-half profit rises 3%, beats forecasts

The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.

UBS plans negative interest rate levy for rich clients

Bank will from November charge 0.75% on cash balances over 2 million Swiss francs

Fiduciary group to join Oak’s multi-jurisdictional business

The group has offices in Guernsey, the Isle of Man, Jersey, Luxembourg, Malta and Mauritius with more than 200 employees.

Charles Stanley buys Leeds-based wealth firm

We are pleased to announce that Charles Stanley has acquired Myddleton Croft, an award-winning discretionary investment management firm.

Credit Suisse Defies Bank Gloom With New Money, Trading Beat

Main trading unit beats peers, offsetting weakness in Asia

Union Bancaire Privée improves its scores in the UN PRI 2019 Assessment Report

This initiative aims to establish links between investing and environmental, social and governance factors, as well as to help UN PRI signatories incorporate these factors into their investment and ownership decisions.

Credit Suisse second-quarter net profit jumps 45%, beating expectations

Credit Suisse began a share buyback program at the start of 2019, with the aim of purchasing 1 billion Swiss francs by the end of 2019.

St James's Place feels Brexit heat as inflows stall

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise.

"Investing early and harnessing the force of compound interest can lead to rapid gains", Sanlam UK

Whether or not Einstein uttered these words is moot – it’s generally considered unlikely.

Harwood Wealth Management announces £1.8m triple acquisition

Completes third purchase

Liontrust set to buy Neptune for £40m

Whole investment team moving over

WH Ireland posts £11.3m loss as exceptional costs soar

New management team in place

Bagehot? Or bulls**t? by Tim Price

Wilson believed “that reason is given to us to sit in judgment over the dictates of our feelings.”

Withers’ profit drops as revenue approaches £200m amid Asia and America expansion

While the firm saw a 2% decrease in net income to £31.5m, the fall in PEP was largely the result of the expansion in its headcount as Withers grew its ranks in the UK, Asia and the US over the year.

JPMorgan hiring in Germany amid private banking push

At the same time, many of JPMorgan's German clients are investing more internationally, "out of the DAX and bunds and into the US and emerging markets," Mr Straengh said.

Rothschild & Co invests in independent market leading equities research house, Redburn

Rothschild & Co’s investment will provide capital for the expansion of Redburn’s services to clients, as well as providing opportunity for greater employee equity participation.

GAM Holding AG announces H1 2019 results

We are well on track with the implementation of our restructuring programme and will continue to find ways to simplify our business to achieve additional efficiency gains.

JPMorgan Chase Targets Germany’s Ultra-Rich in Wealth Push

At the same time, many of JPMorgan’s German clients are investing more internationally, “out of the DAX and bunds and into the U.S. and emerging markets,” Straengh said.

Coutts Makes the Grade for Responsible Investing

Our drive to deliver sustainable returns for clients has led to impressive scores in an assessment by the world’s top responsible investment body.

Wealth and Asset Management