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

Axa puts two roles ‘at risk’ in specialist sales team

Axa Wealth’s specialist sales team, which looks after the sale of offshore bonds into the UK, is set to be shrunk further, International Adviser can reveal.

UBS regains top spot as other private banks retrench – 2014 PAM Global 50

US and Swiss-based institutions continue to dominate the higher reaches of the ranking

Citadel’s profit rise helps Peregrine return to profit

Niche financial services group Peregrine Holdings on Wednesday reported a return to profit for the year ended March, thanks to a strong performance by its wealth management division, Citadel.

No sale plans for Quilter Cheviot as it undercuts rivals

Quilter Cheviot is undercutting many of its rivals by offering discounted all-in fees of 0.5% to 0.6% in a bid to boost assets.

Geneva’s French Ties Fray as Banks Tell Clients to Come Clean

For more than a century, the Swiss city of Geneva has provided wealthy French families with a convenient and safe place to stash their money.

Frontier market specialist collaborates with Kolo Toure to launch Footballers Fund

The fund invests in 10 stock markets across the continent

Wealth company joins finance expert

A FAMILY-RUN North-East wealth company has joined a finance expert

Caceis and Edmond de Rothschild seal Luxembourg deal

The deal involves assets of more than €20 billion. The 110 Edmond de Rothschild employees join Caceis, a French bank and asset servicer, on October 1.

F&C Macro Global Bond Fund Announces New Fund Managers

They will be supported by a 14-strong team covering global rates, currency, macro and money markets and bond and FX dealing.

SGPB Hambros hires nine for advisory launch

Societe Generale Private Banking Hambros (SGPB Hambros), the UK wealth management arm of Societe Generale Private Banking, has launched its new advisory division with nine hires.

Global private wealth rises to $152tn

"In nearly all countries, the growth of private wealth was driven by the strong rebound in equity markets that began in the second half of 2012," the firm said in its report.

Ascentric boosts assets to £8 billion

Ascentric has boosted its assets under administration to £8 billion thanks to its white label service.

Luton IFA sheds clients in £50k plus push

Gilbert said the firm was in talks with interested parties

Outsourcing investment: Why Independent Advisers (Scotland) uses Standard Life Wealth

We only started using Standard Life Wealth in the past year

Prestige AM signs distribution deal with Natixis

UK-based Prestige Asset Management has signed a product structuring, marketing and distribution deal with Natixis, the second-largest banking player in France

Swip global equity team exits as portfolios transfer to Aberdeen

The transfer follows the completion of the acquisition of Swip by Aberdeen in April for £550 million. Following the deal Will Low, director of global equities, left the group alongside chief executive Dean Buckley.

Rathbones receives top reporting transparency accolade

The pursuit of excellence is a driving principle at Rathbones

UK wealth manager fails to disclose up-to-date dealing costs

Firm’s True & Fair Campaign has for the past two years accused the industry of covering up costs

BMO seeks property and SRI boost from F&C

The Canadian firm is seeking ways to tap into the UK manager’s strengths in Europe

A suitability lesson for Coutts from 1957

The regulatory team at Coutts has certainly got its work cut out over the next few months.

Wealth and Asset Management