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

Brooks Macdonald discretionary assets jump 23%

Brooks Macdonald Group plc today announces a trading update for its half year ended 31 December 2012 together with an update on its funds under management.

Lloyds' wealth arm caught in fresh jobs cull

The cuts come after some 360 job losses were announced earlier this week.

St James's Place rides crisis with robust 2012 sales

Funds under management of £34.8 billion (2011: £28.5 billion) up 22% over the year

Close Brothers AM set to move into the black

Claims it is on track to return to profitability in the coming year.

Quilter-Cheviot £12bn merger given green light

Fund manager merger to be completed after regulator agrees deal.

Ongoing adviser fees averaging at 0.6%: FundsNetwork

Platform sees 10,000 clients set up on fee service since its launch in October.

How do you impress someone who can afford almost anything?

Private banking's new play: schmoozing with a dynasty

SNS Reaal in talks to sell private banking

Dutch banking and insurance group SNS Reaal is in talks to sell a private banking business to rival Bank ten Cate, as it battles to avoid a second state bailout following huge losses on property loans.

Old Mutual Wealth chief sets out distribution plans

Chief executive describes “strategic partnerships”.

Raymond James’ Pay Grid Gets Long-Awaited Facelift

"This is the first significant change to our grid during my almost 20 year tenure at Raymond James."

Aberdeen Asset Management raises AuM and new business

Assets under management of £193.4 billion at 31 December 2012 were 3% higher than at 30 September 2012.

Former hedge fund star launches family office

He is one of a number of star hedge fund managers who has moved away from managing assets for pension funds or wealth managers and rich individuals and switched to running his own wealth.

Billions in bankers' bonuses could be delayed until April when top rate of tax is cut

City firms planning to defer bonus payments until after top 50p tax rate drops to 45p

Beaches, bling and banking - what makes millionaires the most active surfers?

The more wealth a client has, the more time they spend communicating–and that includes communications with their financial advisors.

Arbuthnot Banking in line with market expectations

Arbuthnot Latham took advantage of the prevailing market conditions by hiring a number of executives in the fourth quarter, who will help the business to focus on growing its wealth management franchise for customers based both here in the UK and internat

Wealth and Asset Management