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

Harwood spends £11m on deals over six months

I am pleased to report that the team has managed to execute nine deals over the period

Did UK lose this Russian billionaire's rare treasures?

I am now discussing with my lawyers the possibility of suing British customs

Future giving Engaging the next generation

How will you build philanthropy into the DNA of your own family?

Jeff Prestridge: Invesco is putting its financial interests above those of shareholders - it should let 'Enhanced Income' go to the investors

There to defend the interests of shareholders (investors), they are persuading investment managers to reduce their charges.

Star fund manager Andy Brown adds £43million dividend payment to his wealth

Now the founder of Cedar Rock Capital has added a record £43 million dividend payment to his wealth.

AFH hunts for bigger IFAs to buy

AFH had cash reserves of £23.7m at the end of April, while the amount it is required to hold for regulatory purposes is just £2.5m.

Millions in Baltic Scandal Frozen at Julius Baer

The bank was privatized in an emergency measure in 2011.

International wealth boutique buys into UK IFA

London-based wealth manager Dolfin has formed a strategic partnership with the advisory group Alexander House Financial Services.

Jersey Crowned Best IFC at WealthBriefing Asia Awards 2018

Jersey has won the award for ‘Best International Finance Centre’ at the WealthBriefing Asia Awards 2018, underlining the jurisdictions reputation as a world-leading international finance centre (IFC).

The 20 most expensive cities in the world

UBS Global Wealth Management has published its study into the cost of living around the world.

Union Bancaire Privée to acquire Luxembourg private bank

UBP has the necessary capacity to further develop the products, services and operations in Luxembourg, while Carnegie can focus on its domestic markets

Hawksmoor Posts Strong Growth and a Return to Profitability in 2017 Annual Report

The Distribution Fund passed the £100m mark in 2017

Invesco is embroiled in a row with its former fund as it refuses to lower management fees

They also were not proposing to charge a performance fee, which Invesco did.

UBS Wealth in big hedge fund push

The firm’s recommended allocation is indeed big compared to other private banks.

Deutsche Bank merges private and commercial business

DB Privat- und Firmenkundenbank AG concludes legal merger of Postbank and Deutsche Bank’s private and commercial clients business

Old Mutual confirms plans to sell up to 10% of shares

Old Mutual sold single strategy asset management business Old Mutual Global Investors to a partnership of OMGI chief executive Richard Buxton, the senior management team and private equity.

Tilney working with Charities Aid Foundation to give charities investment advice

Tilney’s experience means it is well-placed to offer advice to charities which use the CAF Investment Account and other CAF investment services to manage their investments.

Red Deer selected by Close Brothers Asset Management to support MiFID II processes

This approach has the added advantage of preventing inducement across the firm.

Two industry heavyweights make major announcements

According to the SLA board, it expects there will be capital within the group as a result of the sale and anticipated lower capital requirements.

Up Close With Julius Baer

The bank probably will move into the new offices at the end of 2020 after what it says will be a careful renovation of the building.

Wealth and Asset Management