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

Liontrust sees £190m net inflows in Q2

This was down from £302 million in the same period last year, although £179 million of that figure was down to the launch of its credit strategy.

Bethmann Bank to extend services to EAMs

Frankfurt-based Bethmann Bank has announced that it will extend its existing range of services to external asset managers (EAMs).

Performance review: How Coutts’ Higgins is preparing for 10% US correction

Coutts’ chief investment officer Alan Higgins said tightening by the US Federal Reserve next year could result in a 10% correction in US equities, which investors should view as a buying opportunity.

UK wealth management group underlying earnings up 37%

Revenue was down at £31.5m from £32.6m but underlying earnings before interest, tax, depreciation and amortisation rose to £3.78m from £2.76m and the pre-tax loss of £2.0m was down from £2.5m last time.

Mattioli Woods reveals client assets up 27%

These are significant milestones, marking the next phase in our development as a 21st century financial services business

Plymouth wealth management firms merge

The business now has nine qualified and independent advisers

Russians in the City London Club opens its branch in Moscow

In London the Club bands Russian-speaking professionals in finance industry: lawyers, bankers, sales and IT specialists.

Luxembourg Targets Deeper Financial Ties With China; Hosts Another Chinese Bank

From there, they manage a European network and help Chinese clients in their European trade deals and investments.

Close Brothers Asset Management launches second ‘Future Leaders Programme’ to support the next generation

Designed to pass on knowledge and insight to talented youngsters, participants will tackle philanthropic challenges and business strategy planning activities as well as cultivating important professional skills, such as presenting.

WH Ireland expands wealth management division

WH Ireland has unveiled plans to open a new Milton Keynes office in an expansion of its wealth management division.

How to become a NISA Millionaire starting today by Brewin Dolphin

The wealth manager has revealed that it already has 15 ‘Isa millionaire’ clients, whose Isa pots have broken the magic million pound barrier. A further 40 have assets in ISAs of well over £750,000.

Profits at private bank rise to £16.5m

The bank's return to robust health saw bad debts fall from £7m to £1m last year and enabled it to pay a £25m dividend to its taxpayer-owned parent.

Ex-Rathbones boss Pomfret takes Thai adventure on Aberdeen trus

Pomfret stood down as Rathbones chief executive in February after 10 years at the helm. Under his watch assets under management at the wealth firm rose from £5 billion to £22 billion.

Standard Life Investments confirms £390m Ignis takeover

Standard Life Investments’ intention to acquire Ignis Asset Management was announced on 26th March 2014.

IPE Top 400: SEB Wealth Management takes top spot in Nordic region

Sweden’s SEB Wealth Management has moved up IPE’s global ranking of the 2014 Top 400 Asset Managers survey to take 69th place

Property fund inflows hit 2009 peak

Investors continued to pour money into equity funds at a rapid pace in May despite peaky looking valuations, with £588 million of net new money committed.

Old Mutual Wealth completes Intrinsic buyout

Group confirms ‘significant milestone’ as it buys up restricted advice network as part of chief executive Paul Feeney’s plan for company.

Prometeia: Significant opportunity for asset managers in the European private debt space

This would suggest that Europe represents a significant opportunity for asset managers and shows that the loan and private debt market is really starting to build traction.

UBS to increase liquidity in TAA fund over ‘end of cycle’ expectations

UBS Global Asset Management is shifting the structure of its tactical asset allocation strategy to account for upcoming downside risk.

Furious IFAs accuse Aegon of ‘poaching’ customers

PENSIONS company Aegon has been accused of attempting to “poach” clients from independent financial advisers without informing them.

Wealth and Asset Management