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

Hargreaves Lansdown profit up 30%, lifts dividend

Operating profit GBP92.1 million

Euromoney publishes 10th annual Global Private Banking Survey – UBS returns to the top

The private banking industry has had to modernize as never before to keep pace with the global needs of clients, new regulation and rebuild trust.

Sanlam targets wealth acquisitions as it sheds Punter stake

Sanlam UK has sold its 21.6 per cent stake in actuarial consultants Punter Southall Group

Baring Swiss Bank for Rich Athletes Buys Asset Manager Coges

“We share the same values and ethics.”

UBS overhaul bearing fruit despite hefty quarterly loss

Wealth management businesses’ full-year net new money up CHF 11.3 billion to CHF 46.9 billion

Can Old Mutual Global Investors become a top 5 player in the UK?

OMGI is the result of a merger between Old Mutual Asset Managers UK

A Guide to the Family Office Employment Market

They may not quite resemble Winston Churchill’s concept of the former Soviet Union as “a riddle, wrapped in a mystery, inside an enigma.” At the very least, however, it would very difficult to disagree with the notion that family offices

Number of millionaire Brits hits 13,000 despite recession

New figures show the number of Britons earning at least £1million a year has increased to 13,000, thanks to the coalition government’s April tax cut, local media reported.

European average household financial wealth declines - RESEARCH

The report, Bringing Europe Back to Savings, analyses household savings, investment and debt across 22 European countries, interpreting differences in the propensity to save and incur debt, household investments and the overall financial wealth of Europea

UK's wealthy investors pile into US real estate

In many cases investors have almost double in US real estate compared to what they have in other alternative investments

Funds under management at Rathbones’ Bristol office breaches £1 billion

The office provides a range of investment services for almost 5,000 clients.

AWD picks Standard Life Wrap for HNW clients

The move will see high-net-worth clients with investable assets of £375,000

Quilter Cheviot in search for new premises

NEWLY merged fund management firm Quilter Cheviot is searching for larger office space in Liverpool

Swiss Rothschild arm targets London in £2bn assets push

The London hub comprises a team of six led by Charles Goodman

Charles Stanley aims for second spot in platform market

Mr Yearsley, who formerly worked at Bristol-based Hargreaves Lansdown, said Charles Stanley’s new platform will be a success if it moves up to second position in the market in the next few years.

ARC Private Client Indices and Charity Indices

The Q4 2012 performance figures for the ARC Private Client Indices and Charity Indices have been calculated.

Quadruple hire powers near tripling in Vestra profits

As it reported on its financial performance, Vestra pointed to the challenging conditions. However, in a filing to Companies House, the firm appeared to have navigated these smoothly, highlighting growth in its client bank ‘at a good price’ an

Signia's Robinson hire paves way for Leeds and Manchester arms

The expansion plans follow the boutique’s hire of former Schroders Private Banking boss Rupert Robinson for the newly created role of head of wealth management.

Berry Asset Management in Defaqto 5 Star rating double

The achievement of the maximum ‘5 Star’ Rating for multiple discretionary propositions across Defaqto’s two Discretionary Fund Management rating classes is a rare feat indeed.

Seymour Pierce enters int’l asset management market

Until now, the company, which traces its roots back to 1845, has catered mainly for British investors

Wealth and Asset Management