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

Old Mutual Receives Approaches for OM Asset Management

Potential sale part of plans to separate company’s four main businesses

Gerard Lyons among City titans behind new ‘robot’ advisor to the rich

The minimum investment is £50,000 but the service is hoping to attract the traditional clients of private banks such as Coutts and Brewin Dolphin.

Now ‘robo-advice’ is rounding on the Square Mile

Dr Gerard Lyons, the pro-Brexit economist and writer, is throwing his weight behind the latest new service to launch in the UK.

KBC’s ‘Crown Jewel’ Unit CEO Eyes Idle Wealth in Czech Accounts

The Czechs, who shed communism nearly 27 years ago, have yet to catch up with their western peers in personal income and private savings.

Investec Wealth Boosts Non-Pound Bond Holdings on Brexit Concern

The pound may have rallied amid evidence U.K. public opinion is shifting away from a Brexit, but one fund manager isn’t taking any chances.

EFG Hermes: Beyond the horizon

In terms of country exposure, Saudi Arabia represents the single largest percentage, with the UAE also quite large.

French asset manager buys Dublin’s Kleinwort Benson for €108 million

That’s very much our objective and the objective of the shareholders as well,” said Hawkshaw.

Bonham Carter backs launch of online discretionary manager Netwealth

Just over £6.5m raised for new venture

Aberdeen AM's Gilbert fends off significant buyer interest to keep independence

A spokesman for Aberdeen added the company has never had a formal approach.

Guernsey wins international Wealth Adviser Award

Guernsey reclaimed the award for best international wealth management centre this year, having previously won the award at the Wealth Adviser Awards 2014.

Online wealth management service launched

Two former senior banking executives launched a new online wealth management service targeting high network individuals, branded as Netwealth

Wealth at Work snaps up another company

Our increased capacity means we can continue to respond to the fast growing demand for our services.

Winners Of WealthBriefing European Awards 2016

Among the award-winners and highly commended people by the judges was David Lough, who took this year’s Lifetime Achievement Award.

Rathbones partners with Credit Suisse for private office

At a group level, Rathbones announced that total funds under management rose 0.3% from £29.2 billion to £29.3 billion in the first three months of the year.

What has Wealth Management got to do with Dominos Pizza? by Scorpio Partnership

With USD30 trillion of HNW assets expected to pass from the older generation by 2050, the wealth industry could be about to witness one of the greatest wealth transfers of all time.

Brown Brothers Harriman expands trust services in Hong Kong

The potential inclusion of ETFs in Stock Connect, a cross-border initiative launched in 2014 that links the Hong Kong and Shanghai stock exchanges

Schroders to Add Brookfield Credit Team Managing $4 Billion

The unit will join with Schroders’ ABS team in New York, and the combined group will oversee more than $8 billion, according to a statement from the company that didn’t disclose terms.

Business booms for wealth managers

Award caps anniversary for firm

UK M&A boom: the top targets in Rothschild AM's new fund

The fund, which follows the same investment philosophy as the Europe Synergy fund the pair already co-manage, is around 95% invested in potential takeover targets.

Benjamin, Woody and my nightmare by Penny Lovell

While I’m not entirely certain that Ben Franklin ever did say "a penny saved is a penny earned", I do know that Woody Allen said “money is better than poverty, if only for financial reasons."

Wealth and Asset Management