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

The blurring of the lines between fund and wealth managers

Neptune to launch a wealth arm

Lombard International opens office in Paris

The Paris office is managed by Régis Gaston-Breton, head of domestic French market, and Pierre-Alix Jean, relationship manager France.

Close launches retirement portfolio modelling service

‘There is no one-size-fits-all approach and advisers need to take into account their clients retirement income needs, future goals and objectives.’

Rothschild trust walks from Alliance Trust tie-up

This is a missed opportunity for Alliance Trust shareholders. It is not altogether sure where the trust is going on the long term.

Greece and Spain could be pot of gold for wealth managers

Countries such as Greece and Spain have suffered most in recent years, €107bn exiting Greece alone.

Societe Generale finalises the acquisition of Kleinwort Benson from the Oddo Group

The acquisition has no significant financial impact on the Societe Generale group.

Share In Talks With Wealth Manager For Profit-Boosting Deal

Even amid subdued activity, Share said that independent research indicates it has performed better than peers.

Wealth Management Industry Getting Better for Females

Female professionals say the two biggest concerns that need to be addressed to accelerate the trend are an ability to balance the career with motherhood, and a larger number of women in leadership roles.

Alliance hires Canaccord as sole broker

JP Morgan, which advises RIT, had previously been the Trust’s sole broker.

The impact of philanthropic donations by high net worth individuals is often not assessed

Such individuals are often much more personally involved with their philanthropic foundations than they are with their investments.

Leading independent private banks merge

The deal values Martin Maurel at 240 million euros, and the transaction would be financed by a mixture of newly issued Rothschild & Co shares, Rothschild & Co's own cash resources and external credit facilities, the banks said in a statement

Dutch trust operator buys Elian

Elian is expected to generate Revenue of £96 million and EBITDA of £36 million (37.4% margin), representing a CAGR of 9% and 12%, respectively, on Revenue and EBITDA since FYE January 2015 (pro forma for the acquisitions of Allied Trust and SF

Close Brothers AM buys celebrity wealth firm

The firm specialises in servicing high net worth clients, particularly in the media and sports industries.

Canaccord Genuity WM's assets break through £12bn

The recovery encompassed rises in the firm’s annual revenue and pre-tax net income, which hit £70.3 million – up from £68.1 million the year before – and £12.2 million respectively.

Bagnalls ‘painting the town’ after national awards triumph: Close Brothers Asset Management

Penny Lovell, Head of Private Clients at Close Brothers Asset Management, one of the judges and the sponsor of the award added: "It is a privilege to support these awards and to find out more about the fantastic family firms that are the backbone of

Lyxor signs distribution agreement with Intesa Sanpaolo Private Banking

Lyxor’s Alternative UCITS Platform is one of the fastest growing platforms in the industry with $2bn in assets, recording a 30% growth in 2015*.

Wealth's Great Unanswered Question? by James Horrax, Scorpio Partnership

Summer is an opportunity to kickback and contemplate life and whether it’s a few days at home or jetting off to an exotic locale, the salubrious nature of a well-earned break allows one to question all things personal and professional.

Tilney Bestinvest sponsors private view of the Wildlife Artist of the Year exhibition

The Wildlife Artist of the Year exhibition showcases over 150 works of art in all mediums by established and exciting new artists from around the world, each competing for a coveted competition prize of £10,000. There will also be pieces from guest

Old Mutual faces revolt over CEO payout

Hemphill’s 2016 base salary is proposed at £900,000, which means he could earn £9m as part of the long-term incentive plan over the three years Old Mutual aims to complete the break-up.

Norwegian sovereign fund should act on tax transparency, MPs say

In a chapter of the report examining the existence of tax havens, the committee said it believed improving reporting and tax transparency requirements for companies in which the NOK7.

Wealth and Asset Management