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

Wealth manager continues expansion drive

The firm has been on an acquisition spree over the last few years, targeting professional services firms.

Lighthouse sells stake in Bristol adviser to Towry

Lighthouse Group has sold its 50.1 per cent stake in Bristol-based wealth management firm Deverill Black & Co to Towry for £501,000.

Despite disruption, RDR has benefited industry: RBC

The RDR has been hugely disruptive but it is hard to argue against the benefits

Coutts chairman retires

Coutts & Co chairman David Douglas-Home has retired from the position after 14 years, Financial News has learned.

JPM Global Equity Income taken off Wealth 150

Hargreaves Lansdown has removed Gerd Woort Menker’s JPM Global Equity Income fund from its Wealth 150 list of favourite funds owing to its “mixed” performance.

Close Brothers Asset Management appoints Head of Research

He joins CBAM from AllianceBernstein

Credo to offer new partner model for wealth managers

In the Autumn Statement, the government announced it would press ahead with a review of the taxation of partnership structures where corporate entities are set up to act as additional partners, and are generally taxed at lower rates than individuals.

Savills Selects Wealth-X As Global UHNW Intelligence Provider on High-End Property Business

Wealth-X announced today that it has been selected as a provider of global ultra high net worth (UHNW) intelligence for Savills’ high-end real estate business.

HSBC plans to give staff shares to avoid Brussels' new cap on bankers' bonuses

Commerzbank sees opportunity to expand wealth management business

Commerzbank's wealth management business has about 70,000 customers

Rothschild bankers made partners

The 202-year-old investment bank has set up a partnership for 48 of its most senior bankers as the final step of a drawn-out process to unite its French and British branches

Schroders set to unveil London relocation plans

The development is managed by Brookfield Office Properties and Oxford Properties in partnership with the City of London Corporation, which owns the freehold. The development is scheduled to be completed by late 2016.

Coutts Index Reveals Passion Investments have risen 77pc since 2005

Launched today, the new Coutts Index aims to provide the global benchmark for monitoring the performance of passion assets.

Tetragon takes big stake in Ashcourt Rowan

Guernsey-domiciled hedge fund firm TFM - which hunts out opportunities in assets and asset classes in believe to be ‘superior’ based on their track record and expertise bought the stake though its Tetragon Financial Group Master fund

Barclays chief Antony Jenkins defends 'controversial' bank bonuses

Antony Jenkins, chief executive of Barclays, has defended pay in the banking sector as he guest-edited the Today programme

RHJ International Announces Spin-off of Ripplewood Merchant Banking Operations

As part of this arrangement, RHJI holds a 19% interest in KBA and will retain access to future unique investment products and services for existing and future clients.

Hartmann Capital to Wind up After £1.5m Client Money Shortfall

London-based investment firm Hartmann Capital has applied to wind up after identifying a number of problems and being censured by the FCA.

The top three financial New Year resolutions for HNW individuals

In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those polled said that their ultimate objective for the year ahead was to build their retirement funds.

£2m: Average Pay Award for JP Morgan's Top Staff in 2012 Revealed

Banks disclose figures in dying hours of 2013 to comply with new European rule demanding information on bankers' pay

Peter Hargreaves and Katherine Garrett-Cox awarded CBEs

Hargreaves Lansdown co-founder Peter Hargreaves and Alliance Trust chief executive Katherine Garrett-Cox have both been awarded a CBE in the New Year’s honours list.

Wealth and Asset Management