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

Friends Life awards £14.5 billion mandate to Schroders

Friends Life is to transfer £14.5 billion in assets from F&C to a new strategic partnership with Schroders

Investment trusts hail RDR as platform sales increase 67%

The AIC commissioned a report using Matrix Solutions’ Financial Clarity to evaluate adviser and wealth manager investment company platform purchases in the first year after RDR.

Private equity guru buys big stake in fledgling Liverpool fund firm

Via his family office, Perscitus Advisers, he has acquired a significant minority interest in the new fund management firm, which was founded in 2010.

Do wealth managers know the real cost of managing their clients?

Gilly Green, wealth management practice leader at consultants Knadel, said wealth managers rarely fully assess the cost of servicing their clients.

DBS to Buy Societe Generale's Private Banking Business in Asia

Further to the transaction, Societe Generale announces that it has entered into a memorandum of understanding with DBS to develop a commercial partnership combining the strengths of the two franchises for the benefit of their respective clients.

Bellpenny swells FUM by further £21m with latest purchase

Bellpenny, the national wealth manager and IFA acquirer, has acquired Essex-based Personal & Corporate Financial Solutions

Coutts staff angered at bonus cuts

Staff at Coutts have reacted furiously after learning their bonuses have been slashed by 40% this year.

French asset manager Perial targets €400m investment in 2014

French asset manager Perial is looking to invest €400m for its SCPI and OCPI real estate funds this year, up from €250m in 2013.

City of London Wealth Management Awards 2014

Well done to Goodacre for organising a very good night, I look forward to next year.

Canaccord Genuity Voted Wealth Management Company of the Year

This year a record number of votes were cast.

FxPro Recognised as Best FX Services Provider at the City of London Wealth Management Awards

FxPro Group Ltd has won the City of London Wealth Management Award for Best FX Services Provider at a ceremony held in the City of London’s Guildhall on 12thMarch 2014.

DBS Near Deal for Société Générale’s Asia Private Banking Business

Singapore’s DBS Group Holdings is near an agreement to buy the Asian private banking business of French bank Société Générale SA in a deal valued at around $250 million

Rothschild HDF launches Alt Ucits platform

The platform, which is called InRIS, is expected to hold around a dozen companies across a wide range of alternative investment strategies.

Excellence in UK Private Asset Management Celebrated at the PAM Awards Gala Event

Senior private asset managers enjoyed a lavish gala event, celebrating the exceptional achievements of private asset managers, organised by PAM Insight with Wendy Marston Events.

F&C sees “significant headwinds” despite profit rise

Fund flows from the Consumer and Institutional business were strongly positive in the fourth quarter at £771 million

Citywire Wealth Manager Awards 2014: Revealed - the six regional winners

We reveal the six wealth offices across the country which advisers voted to be best in class at our annual awards ceremony.

Citywealth Magic Circle Awards voting is open: have your say on who should win in 2014

The shortlist of candidates, put forward for the Citywealth Magic Circle Awards 2014 has been released by the judges and the public vote is now open to allow the global private wealth industry to have their say.

JPMorgan Asset Management Selling Euro-Periphery Debt on Rally

JPMorgan Asset Management is reducing its holdings of Europe’s higher-yielding debt as it bets a rally in the bonds is ending.

Brooks Macdonald Reports 16% Half-Year Pretax Profit Growth

"Growth was achieved across the group, onshore and offshore, in our bespoke private client service, funds and managed portfolio service," Christopher Knight, chairman, said in a statement, adding that expectations for the current year "rema

James Hay parent IFG Group sells IFA arm for up to £9.1m

James Hay and Saunderson House parent company IFG Group has sold its IFA arm to Ascot Lloyd.

Wealth and Asset Management