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

Barclays debates ending its £40m-a-year Premier League sponsorship deal

Barclays is reportedly debating the fate of its £40m-a-year sponsorship of the Premier League

Hargreaves Lansdown asks clients for cash

Hargreaves Lansdown customers will have to pay as much as £250 into their accounts to cover its new charges, or risk having their investments sold

Fund arm of the German private bank targets UK with risk management range

The fund range will offer institutional investors access to markets they previously deemed too risky through a series of quant portfolio management techniques.

BMO eyes $1.3-billion offer for Britain's F&C Asset Management

British fund firm F&C Asset Management said on Monday it had received an offer from Canadian bank BMO Financial Group in what would be an all-cash deal.

Societe Generale Private Banking Hambors looks to expand business

Societe Generale Private Banking Hambros the UK wealth management arm of Societe Generale Private Banking is implementing its commercial strategy to strengthen and expand its business in 2014, in particular through a new recruitment plan.

Senior business figures hit out at Labour's 50p tax rate plan

Heads of 24 of Britain’s most successful companies warn that Ed Miliband’s policy could threaten recovery and cost jobs

The runners and riders for Jupiter’s wealth arm

It is a business that has been running since 1985 and in 2008 the firm signalled its intention to grow the unit by hiring two separate wealth management teams from Singer & Friedlander and Bestinvest.

F&C Asset Management Response to Press Speculation

F&C and BMO are in advanced discussions about the details of the Possible Offer and the Board of F&C has indicated to BMO that it is likely to recommend a firm offer at the Offer Price.

Brooks Macdonald makes ‘good progress’ over first half

The AIM-listed group said ‘strategic progress [was] made through both organic and acquisitive initiatives’ during the six months to December 31st 2013

Close Brothers Bullish Amidst Improving Market Sentiment

It expects asset management profits to increase 160 per cent to £10.4m for the year.

Charles Stanley total client funds reach £20.1bn

Charles Stanley Group’s total client funds reached a record £20.1bn in the fourth quarter of 2013, up 9 per cent from £18.48bn the previous quarter.

Credit Suisse Bonuses to Include Bonds That Can Be Wiped Out

A representative for Zurich-based Credit Suisse confirmed the memo’s contents.

A UK wealth market spotlight: Analysis of consolidation in the UK

This is the most authoritative look at consolidation activity in the global wealth space.

SJP chief lauds group's 'reassuring consistency' after record FUM

Elsewhere, the group said it had maintained a 95% client retention rate and, over the year, had grown adviser numbers almost 10% to 1,958.

Brown Shipley enters race for Jupiter wealth arm

Brown Shipley has emerged as a potential buyer, a move that would bolster the private bank’s investment management operation in London.

UK's best portfolio managers rewarded at Portfolio Adviser Wealth Manager Awards 2014

Portfolio Adviser rewarded the UK's finest portfolio managers last night at its invitation-only Wealth Manager Awards held in London.

Rothschild Completes €200m Fund Raising for First Oberon Credit Investment Fund

The Fund targets a 7-9% net IRR, via quarterly cash distributions, offering low volatility of returns and superior access to assets via a proven and highly respected Investment Adviser.

Wealth managers caution equities face setback despite clamour for risk

Barclays Wealth & Investment Management’s European CIO, Kevin Gardiner, said the firm has moved heavily overweight cash on fears an equity market correction is “long overdue”.

Former Barclays executive sets up new bank

The news comes as the government tries to boost competition in the banking industry

Close Brothers Asset Management announces sponsorship of National Family Business Day 2014

The National Family Business Day, launched by Family Business United is designed to recognise the invaluable contribution family businesses make to the British economy, a fact that has often gone unreported and under-appreciated.

Wealth and Asset Management