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

Wealthy Russians turn to private banks for lifestyle solutions

Various Russian asset managers and private banks offer art banking solutions.

Sweden gets tough on millionaire tax dodgers

Over six billion kronor have come in from Switzerland and Luxembourg alone.

Wealthy cut spending and limit investment

“This research shows that even high-net worth individuals are cutting back on a variety of spending.

50 years of James Bond: Evening charity auction totals $1,214,448 at Christie's

Within the first 90 minutes of the auction every item listed had received bids originating from over 40 countries.

EFG Financial Products announces initial public offering

Listing and commencement of trading is expected on 19 October 2012.

Julius Baer gives details on rights issue

Julius Baer announced the acquisition of Merrill Lynch's overseas wealth management business in August as it seeks to expand in fast-growing emerging markets.

Smith & Williamson: Approaching the promised brand

Since the middle of 2009 it has been focused on better name recognition in the outside world, starting with the wealth management community.

Rathbones buys stake in HNW advice network

The stakes in the groups have been purchased from the founders of Vision and Castle, Roger Edwards and Paul Sweaton, and their spouses (the founders).

Associations launch wealth management charter of quality in Luxembourg

In an environment where regulation and compliance for the wealth management industry are playing an increasingly important role in client relationships, the Charter of Quality sets out in a single document the overall guiding principles of the private we

Ashcourt Rowan to lock-in top talent with incentivisation plan

‘We already have a great team at Ashcourt Rowan and we want them, and those that choose to join us in future, to be as closely aligned as possible to what we are looking to achieve. I believe the plan we are putting forward will do just that.&r

Shareholder activism changing corporate approach to Executive Remuneration

The consultancy, which advises Remuneration Committees on Executive Pay issues, has identified it as the single biggest executive remuneration trend in 2012.

Paradigm to launch asset management business

Advisers in the Paradigm Partners network who choose to become restricted after the retail distribution review

Seven IM targets £600k annual savings as it converts to LLP

The change to a LLP, which is subject to regulatory approval, is expected to be completed by the start of next year, with around 25% of staff becoming partners under the new structure.

Ex-Brooks Macdonald duo join forces to launch wealth firm

‘We have already taken on a fair number of clients and expect to be cashflow neutral or positive by January,’ Keen said.

Rothschild Europe partners with University of Parma to monitor real estate

According to the partnership, the two institutions will publish reports on the performance of real estate funds domiciled in Italy.

Morgan Stanley: 'We have too many overpaid bankers'

The comments from Mr Gorman comes on the eve of third-quarter results from Wall Street which are expected to underline the pressures revenues at banks remain under.

Millionaire Spotting – What Sets Them Apart from Other Investors?

Latest research from Phoenix Marketing International profiles the breadth of financial holdings of millionaires in the UK.

Credit Suisse Advances to No 2 Prime Broker Worldwide

Credit Suisse has announce that it is now the second-largest prime broker globally, as recognized in the 2012 Hedge Fund Intelligence survey of assets in prime brokerage.

Hargreaves Lansdown dominates the What Investment Readers' Awards 2012

Hargreaves Lansdown has swept aside all opposition in this year’s What Investment Readers’ Awards, netting a hat-trick of titles.

Swiss wealth management boutique to acquire Clariden Leu (Europe)

The purchase price for the transaction will not be disclosed.

Wealth and Asset Management