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

ABN AMRO Private Bank increases cash ahead of QE tapering

ABN AMRO Private Bank says it has cut exposure to equities and bonds

Record wealth levels reached in 2012 - 2013 Capgemini & RBC World Wealth Report

North America reclaims position as region with most High Net Worth individuals while Asia-Pacific leads overall wealth growth

Bank of Ireland's private banking division - Probe ‘no impact’ on client funds

Moreover, the bank’s internal audit team was looking into whether clients’ funds had been compromised as part of these irregularities, said the paper.

Tilney slips further into the red following £4 million suitability bill

Tilney’s directors said: ‘The company’s provision has arisen as a result of the FSCS announcing pre-year-end that an additional levy would be payable by the private wealth management industry, and will result in a future outflow with no

Nearly Half Of UK's Wealthiest Financiers Are Foreign Born

The total wealth of the financiers in the list exceeds US$27 billion, and foreign born ultra high net worth individuals (UHNWIs) constitute 66 per cent of that total.

Signia Wealth in takeover talks

Signia Wealth is currently in discussions with a couple of family offices, one of which is a “fairly long way down the line”.

Barclays withdraws discretionary service for clients below £100,000

Barclays’ Wealth and Investment division has withdrawn its discretionary management service for direct clients

The UK wealth managers you rate the highest

We want to know who’s really doing an outstanding job.

Cazenove European Fund removed from Wealth 150

The Cazenove European Fund has been removed from the Wealth 150 list of our favourite funds across the major sectors.

Wealth managers have fewer clients, but more assets

Evidence of the missing individuals is to be found in empty bankers’ desks and less busy client meeting rooms.

Societe Generale Private Banking Hambros voted ‘Best UK Private Bank’

This award is based on the votes of Financial Times and Investors Chronicle readers, a panel of judges, performance data and interviews with managers.

Hester’s total RBS pay may hit £14m

He could walk away from Royal Bank of Scotland having earned as much as £14m from the taxpayer-backed bank.

7IM drops re-reg charges

Seven Investment Management has scrapped its £25 fee to re-register funds off the platform.

Walker Crips revenue stable, AuM rises 43%

Discretionary and advisory assets under management increased by 64% (on a like for like basis, excluding WCAM).

RLAM wins Investors Chronicle FT Best Wealth Manager for Charities award

The ceremony was attended by representatives from RLAM, including Alan Bunce, Head of Institutional Business Development.

Princely Liechtenstein bank keen for clarity on tax

Prince Max says customers are attracted by LGT's "Princely Portfolio" that allows them to mirror the strategy used for the royal family fortune, estimated to be as much as 8 billion francs.

Wealth Manager: Signature - 'we have missed out on some low-hanging fruit'

‘We have missed out on a lot of what you could call the low-hanging fruit,’ says Andrew Morris, head of business development at IFA asset manager Signature and co-founder of parent company Rowan Dartington, reflecting on the recent discretiona

RHJI Wins Support from Largest Shareholder Against Breakup

The possibility of a breakup at RHJ International SA (RHJI.BT) receded Wednesday after its biggest shareholder said it is sticking by the company in its effort buy German private bank BHF-Bank.

Hargreaves Lansdown: ‘Nobody can buy their way on to the Wealth 150’

Fund supermarket Hargreaves Lansdown has defended the independence of its research

Offshore venture flops

But global funds of hedge funds have lost popularity, as most have failed to deliver real returns.

Wealth and Asset Management