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

Charles Stanley in £2.7m move to new London HQ

The relocation of London-based teams to the 47,000 square foot single central site will commence in the fourth quarter with a view to being completed by the first quarter of 2017.

Raymond James opens King Street base

The business was founded in 1962 in the US and has been operating in the UK since 2001.

Private banks squeaky clean reputation coming under scrutiny

But its pristine reputation has come under wider public scrutiny after finding itself explicitly named several times in the Panama Papers.

Succession planning dominates top ten worries keeping family business owners awake at night

The family business research follows the launch of the Family Business United and CBAM Family Business Road Trip 2016.

Axa confirms Wealth selloff plans

These transactions would allow Axa to rebalance the focus of its UK activities towards property and casualty, health and asset management.

Tilney’s assets rise to £11bn after Igenious acquisition

As result of the acquisition Tilney Bestinvest’s assets under management and administration will increase to more than £11bn, predominantly in managed portfolios.

Why is the boss of a £600m Plymouth firm ready to walk away from it all?

By then Succession Group, which is based at Plymouth Science Park and manages £11bn worth of people's wealth, will aim to have a £100m annual turnover with £30m profit.

UK’s oldest bank, C Hoare & Co, goes digital with Backbase

C Hoare & Co, Britain’s oldest bank, is modernising its front-end operations with Backbase, a specialist provider of omnichannel banking software.

Delta Lloyd launches the sale of its shareholding in Van Lanschot

Goldman Sachs International and UBS Limited have been appointed by Delta Lloyd as Joint Global Coordinators and Joint Bookrunners of the intended marketed offering.

Here's How Goldman Sachs Plans to Go After the Global Not-So-Rich

Goldman Sachs Group, the banking gold standard for the world’s elite, sees a future in less prosperous investors.

Sanlam pulls out of deal to buy Caerus

Sanlam says it continues to assess its priorities in the UK following a restructure that saw former Ashcourt Rowan boss Jonathan Polin named UK chief executive.

Investment Update - Couts

In this week's update, Alan Higgins, Chief Investment Officer, Coutts, gives an asset allocation update plus our view on the winners and losers from Corporate earnings season and central-bank policy.

St. James's Place Academy toasts its 200th graduate

Academy candidates come from a wide range of backgrounds, but are often people looking for a career change or a new challenge.

Over half of wealth managers say Brexit would negatively impact FM industry

Around 56% of wealth managers questioned by Harrington Cooper for its latest survey believe a Brexit will be 'negative' or 'very negative' for the UK asset management industry, Investment Week can exclusively reveal.

When the game changes by Tim Price

In their efforts to jam the square peg of financial theory into the round hole of human nature, economists have perpetrated some pretty stupid things.

Brexit and global growth top wealth manager fear list

Britain leaving the European Union and sluggish global growth top the list of fears among wealth managers according to a survey by Jupiter.

Switzerland’s largest independent private bank to allow clients to domicile wealth in UK

Offers asset and wealth management services, said it hopes to allow customers to register assets through an onshore booking centre in London from the second half of this year, subject to approval from the UK financial regulator.

The sandwich generation by Penny Lovell

Sabine Heubner, in The Family in Roman Egypt*, describes how parents in second and third century Roman Egypt were expected to “feed and clothe their children, watch over their moral development, celebrate their coming of age, provide their sons with

UBS to revamp wealth management business

The initial stage of the restructuring, which includes the wealth management unit moving to common information technology systems and shared support facilities, are expected to eliminate several hundred jobs, according to the report.

Nedbank Private Wealth wins Best UK Private Bank for second year

Nedbank Private Wealth has won Best UK Private Bank for a second year running at the prestigious City of London Wealth Management Awards 2016.

Wealth and Asset Management