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

Wealth management giant strikes 14th deal

The maximum purchase price is £1.6m.

Miton assets reach £4.5bn

Miton relies on its people and providing an attractive working environment is part of our commitment to them.

How High Net Worth Individuals Can Succeed In Their Investment Plans With Non-Traditional Assets

Investing in non-traditional assets opens new avenues for wealth creation by allowing investments in Private Equity, Real Estate and Securitisation, among others.

FirethornTrust Launches with Backing of £200M to Invest in UK Real Estate

The venture will focus on creating a long term, diversified portfolio and will aim to take advantage of opportunities and market dislocations occurring as a result of the UK’s decision to leave the EU.

Fenergo expands in to asset and wealth management

This expansion will allow clients from other market segments to benefit from their award-winning capabilities for the first time.

Brooks boss joins IA board alongside three fund heavyweights

The appointments near-double the number of women at the top of the UK's asset management trade body to 40%.

Brooks takes £2.5m hit on 'obsolete' tech as compliance costs climb

On an underlying basis pre-tax profits rose from £17 million to £18 million with earnings per share 12% higher at 117p, with revenue 14% higher at £101 million.

Brooks Macdonald in-house advice a ‘major introducer’ of funds into DFM

The FCA asset management market study noted the potential for conflicts of interest to arise when advisers are recommending funds at related companies.

Swiss private bank buys Luxembourg bank

The transaction is subject to the approval of the relevant regulatory bodies and is expected to complete during the first quarter of 2019.

Succession gets back on IFA acquisition trail with two deals

Chartered financial planner McKenzie Investments has four planners including one trainee and has offices in both Inverness and Elgin.

Wealth Management Firm Reaches £4BN Milestone

Chief executive Alan Hudson said: "In January 2017 the company set out a number of financial aspirations, including having £5bn of funds under management by 2021, an increase of 150 per cent above the £2bn level at that time.

Luxembourg embraces SRI and alternatives

These humble funds eventually embraced cash, derivatives and, more recently, alternative assets.

Societe Generale Private Banking (SGPB): Embracing phygitalization

Over the last five decades, Societe Generale has been synonymous with innovation, says Jean-François Mazaud, Head of the group’s private banking unit (SGPB).

UBS has chosen Frankfurt as its post-Brexit EU base

Major financial organisations are being forced to rethink their European strategies as a result of Brexit and the coming end to financial passporting arrangements.

Wealth management firm to create 12 jobs with office move

The new headquarters in Luke Lane, Brailsford, will keep many of the historic features of the corn stores barn conversion which was the former showroom of tile company, Stoneworks.

Standard Chartered Private Bank integrates tech and tradition for new UK Resident non-Domiciled service

Standard Chartered’s UK RND service uses technology based safeguards to automatically segregate cashflows.

Germany's Berenberg sells Swiss private bank to investor consortium

The acquired business has 100 staff in Zurich and Geneva, offering private banking, asset management and family office services

Investec plots spin-off of asset management business

Move comes amid management overhaul at the South African banking group

Close Brothers sells retail lending business

Close Brothers Retail Finance provides unsecured finance to consumers through retailers at the point of sale, and has worked with companies such as Jessops, Samsung and Cotswold Outdoor.

BNY Mellon IM launches thematic fund focusing on mobility disruptors

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