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

AXA Elevate parent posts £20m pre-tax loss

AXA Elevate, headed by managing director is David Thompson, assets rose 41% to £7.5 billion, up from £5.3 billion reported for 2012.

‘Rising star’ on UK wealth management scene awarded again

A Bristol based rising star has been named in Citywire’s Top 30 Under 30.

Wealth exit fees on FCA radar

On a £500,000 portfolio this would equate to £30,000

C. Hoare & Co gains corporate chartered status

C. Hoare & Co has attained corporate financial planner status from the Chartered Institute of Insurance (CII).

Deutsche Bank Q1 Profit Declines

However, Private & Business Clients segment's profit was benefited by a one-time gain on disposal and increased investment product revenues, and Global Transaction Banking's profit growth largely reflected lower provisions for credit losses,

Retail boost helps St James's Place start 2014 strongly

Demand for advice, combined with flows into the funds of its partners, meant the firm was "well placed to maintain momentum in our business in line with our medium-term growth objectives", said Chief Executive David Bellamy.

Pyrford International Live on Charles River’s Cloud-Based, Multi-Asset Solution

A London investment boutique owned by the Bank of Montreal, is live on the private cloud-based Charles River Investment Management Solution for portfolio management, trading, compliance, and post-trade processing across its equity,

Towry to buy Baker Tilly advice arm... again

RSM, which had made losses over several years, was acquired by Baker Tilly last year.

Super rich get to cash in on luxury assets

There are around 700,000 high net worth individuals in the UK

TPD Wealth Management buys Alderley Edge-based asset management firm

An Alderley Edge-based asset management company has been sold out of administration in a pre-pack deal.

Andrew Ross: Schroders will not become an ‘acquisition machine’

‘Schroders hasn’t suddenly become an acquisition machine by doing this.

SJP adds new strategy to Artisan fund

St James’s Place reported that it had been ‘considering the addition of a complementary global strategy that would enable Dan and David to continue to manage the fund whilst catering for the anticipated future growth in assets under management