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

Fidelity Worldwide makes more moves on board pay

The move is another advance for the growing move to curb excessive pay, as most company incentive schemes allow for shares to be sold after one to three years.

World’s Richest Gain $15.2 Billion as Global Markets Rise

The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose on speculation that Europe will move to ease borrowing costs in Italy and Spain.

City Asset Management awarded top rating by Defaqto

“Defaqto has based its assessment on a number of key features they know IFAs are concerned about, including accessibility, costs, back office integration capability, tax statements and online access to valuations,” she said.

Passive investing has an active role to play in client portfolio construction - Research

In the past, most advisers have recommended actively managed funds that seek to outperform stock markets through research and careful selection of stocks.

FTSE remuneration chiefs believe pay is too high - survey

The majority of executives who set the remuneration of directors running Britain's top companies believe salaries and bonuses are too high, The Sunday Times reported, citing a survey by management consulting company Hay Group.

Charities manager calls for fresh approach

Mr Maitland has been assisting in that education for the past 16 years, partly via the Compendium of Investment he and his team compile.

Brewin income rises 4.4% in Q3

British investment manager Brewin Dolphin said transition to a fee based charging model boosted streams of recurring revenue while falling trading volumes kept a cap on overall revenue growth in its third quarter.

HSBC Wealth Management revenue falls

HSBC Holdings, Europe's largest bank, said first-half profit rose 10 per cent, lifted by gains on asset sales. Pretax profit rose to $US12.7 billion from $US11.5 billion a year earlier, the London-based bank said in a statement today.

Benefits of social media to the wealth management industry

There are an almost unlimited number of benefits to incorporating social media into your overall marketing/business development strategy.

The Y factor

Generation Ys are apparently best placed to communicate with older patriarchs or matriarchs of family businesses.

Investec ‘on track for growth’

Although Investec has a strong private banking and wealth management franchise, the economies of some of its key markets such as Europe have been hit by the eurozone crisis.

Barclays profits up despite interest rate swap scandal‎

Embattled banking giant Barclays today revealed a potential £450 million bill for mis-selling complex financial products to unwitting small businesses.

Family Office purchases IVG Luxembourg office

The deal represents one of the most important transactions in Luxembourg and so far represents 15% of the total market. Private investors still dominate the Luxembourg office market despite huge demand from institutional investors.

Charles Stanley sees revenue plummet 9%

Investment management firm blames “challenging” market conditions and “entrenched” economic uncertainty for fall in revenue.

Swiss bank hunts for wealth management deal

The group said it had a war chest of 600 million francs and was looking for deals as it reported better-than-expected results for the first half of 2012.

RBC completes acquisition of global investor services business

Top 10 global custodian being rebranded RBC Investor Services

Wealth Management Outsourcing: A Global Market Perspective

All of these have brought technology centre stage in managing financial institutions.

Disgraced Barclays chief banks £9m payoff

Fury at bonus for top banker in rate-fixing scandal

Kay review calls for overhaul of fund manager pay

The John Kay review of equity markets, published this week, calls for regulatory authorities to ensure fiduciary standards apply to all relationships in the investment chain, including asset managers, brokers, platforms, IFAs and the end investor.

SJP profits rise after record sales quarter‎

Funds under management of £30.9 billion up 8% since the start of the year

Wealth and Asset Management