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

Charles Stanley Direct waives HNW fee

Charles Stanley Direct is to waive fees for six months on new investments of £500,000 or more.

Asian ultra-high net worth individuals flock to invest in Monaco

Asia owns 24% of the total world private wealth with nearly one third of it held in real estate, mostly in international properties. With rising profits, Asian high net worth individuals (HNWI) have developed an appetite for trophy homes in Monaco.

Anglo wealth arm sale postponed

A number of well-known wealthy individuals have taken proceedings against IBRC Assurance in relation to badly performing investments.

Europe’s largest bank Said to Plan Sale of Swiss Private Banking Assets

The bank has attracted scrutiny from governments over its operations in low-tax jurisdiction

Ascot Wealth Management VouchedFor As The Best In Berkshire

User review and rating system, although prevalent across sectors like travel, food and lifestyle, is only just making its presence felt in the medicine, financial and legal world.

Former F&C CEO Grisay passes away

I was shocked and saddened to learn that Alain Grisay had passed away

Vestra management reshuffle pays off with £1bn inflow

Growth is expected to come from a focus on ultra-high net worth clients, intermediaries and its US division, which provides a range of wealth management services to clients with ties to America.

London-based wealth manager 'first UK wealth manager to achieve ‘B Corp’ certification'

The London-based wealth manager that specialises in looking after American expatriates‚ has been awarded “B Corporation” certification‚ the first such company in the UK to receive this relatively-new ac

one Star hires Rothschild and Bank of America Merrill Lynch as advisor

Lone Star, IKB, Rothschild and Bank of America Merrill Lynch declined to comment.

BNP Paribas to help Budding entrepreneurs

Vital Regeneration launches “HELP Enterprise” in partnership with BNP Paribas, Dolphin Square Foundation and Westminster City Council

Secret Swiss Stashes at Risk as Italy’s Saccomanni Visits Bern

Solving the dispute over undeclared Italian funds with Swiss banks will be on the agenda today as Switzerland’s Eveline Widmer-Schlumpf and Italy’s Fabrizio Saccomanni meet in Bern.

Jersey’s 'future proof' funds regime to be showcased to London audience

Jersey’s position as the first ‘third country’ to offer the option of a fully-compliant AIFMD regime is set to be highlighted at Jersey Finance’s annual Funds Conference in London this year.

Sesame bans its advisers from using non-mainstream products

Sesame advisers will no longer be able to recommend non-mainstream investment products under the firm's new restricted proposition, managing director Stephen Gazard has said.

Brewin Dolphin takes £4m hit from loss of trail

Brewin Dolphin's revenue has been impacted by its well-flagged move to a transparent pricing model.

Liontrust Quarterly Inflow Propped Up By Multi-Asset Acquisition

The outflows were mainly a result of one investor in the Liontrust Global Strategic Bond Fund redeeming GBP106 million, while an institutional investor redeemed GBP39 million from the UK Retail funds.

F&C takeover by Canada’s Bank of Montreal thwarted by Standard Life

Shares in F&C rose 7.1p to 123.5p taking it above the offer price, which is at around a 30 per cent premium to before the bid announcement.

Plymouth firm to create 100 jobs after landing £140m investment

The Succession Group was established in Plymouth by Simon Chamberlain in 2009.

Ex-UBS Banker Quits Zurich Desk for Horse Racing Dream

After more than 20 years in the financial-services rat race, Swiss banker Michael Reichstein packed it in and turned to horse racing for a living.

Azimut Targets Italy Asset Management Company From Bank

Azimut Holding SpA, Italy’s largest independent asset manager, is interested in buying a fund unit from a bank to expand distribution and attract client investments.

Assets under management boom at Mattioli Woods

Pensions and wealth management company Mattioli Woods has posted a strong set of interim accounts with a rapid growth in its discretionary assets under management

Wealth and Asset Management