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

FirstGroup Hit By Investor Backlash Over Remuneration Report

Sandell's letter noted that FirstGroup's CEO remuneration package has risen 209% over the past five years

Aberdeen loses to ‘smart’ Schroders in Nutmeg deal

In a statement following the deal, Schroders executive vice chairman Massimo Tosato, who will take a seat on the Nutmeg board, said: ‘We are delighted to participate in funding Nutmeg’s next stage of growth.'

Jersey represented with keynote speaker and panellist at leading international banking forum

Jersey is taking part in the International Festival of Business 2014 in Liverpool this week with two representatives speaking in the fifth International Banking and Finance Forum.

Industry struggles to power up for data revolution

But wealth managers who spoke to Financial News said many custodians were failing to meet their demands.

Ingage Announces New Client Sign Ups

Four new asset managers join the platform Two new corporate clients and one FTSE 250 company

YOU are an investment adviser and manager for Outrageous Wealth Managers

Ethics tests for finance sector?

Web wealth manager Nick Hungerford expects race for business

The former wealth manager for blue-chip clients had the idea for the business, which will launch a pensions product in the autumn, after friends asked him to manage their finances.

Northern Trust appoints ESG investment head

Northern Trust said $58.4 billion is already invested in a set of ESG strategies.

Albanian Private Bank CEO Shot Dead Outside Office

He had been CEO and director-general of the 11-year-old Banka Credins

Tilney posts £13.6 million loss ahead of Permira deal

Tilney has also made a further £7.6 million provision for compensation and redress costs for this year.

Asset managers return to ABS

As institutional investors pressure fund managers for higher-yielding strategies in the current low-yield environment, bond funds have turned to asset-backed securities to stoke returns. Asset-backed securities are bundles of loans that have been packaged

What’s in a name? The art of rebranding post-M&A

Quilter Cheviot marketing director Jane Seymour said the combined company decided on this route with both brands being ‘well-known and respected in our target markets'

Schroder's Invests in Online Wealth Manager

Venture capital firm Balderton, which has previously invested in online companies LoveFilm, Betfair and Zopa, is also involved in the fundraisin

Private client wealth management firm merges Plymouth and Truro offices

The commitment to the county is very much intact

Controversial Blair planning office in Abu Dhabi

It also works with multinational corporations to provide “geopolitical and strategic advice”

European Wealth buys Surrey-based IFA firm

The business will be relocated and fully integrated into European Wealth's head office in London

UK wealth management startup Nutmeg raises $32 million

The latest capital raise means the business has now attracted a total of $50m of shareholder investment.

Tilney Bestinvest targets 25 financial planners for big regional push

The recruitment drive follows the hire of six wealth managers for Bestinvest’s regional offices in the first half of 2014.

Discretionary investment manager opens new office

The firm provides portfolio management services for private clients, trusts and charities.

Former Morgan Stanley Private Wealth advise targets clients with £10m assets

The firm was formed last November and began managing money this year

Wealth and Asset Management