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

Rowan Dartington to launch model portfolio service

Rowan Dartington is to launch five risk-rated model portfolios as well as three direct shares and collectives portfolios.

European family offices invest in India

The deal came less than two years after Verlinvest’s first investment in India. In November 2010, the firm acquired a 15% stake in winemaker Sula Wine.

BNP Paribas slashes bonuses as profits halve

The 50pc fall in fourth-quarter profits left the bank's full-year profits 23pc lower at €6.1bn. Revenues fell 3.4pc to €42.4bn.

Falling inflation to keep rates low, yield in demand - Coutts

Annual inflation slowed to a 14-month low in January, as last year’s VAT hike dropped out of the annual comparison and weak consumer demand relieved price pressures. This will help keep interest rates low and real rates, adjusted for inflation, neg

Credit Suisse Private Banking Introduces "Strategic Philanthropy: Guide to Evaluation"

The paper also gives an overview of the major trends and practices in evaluation, and provides suggestions on how philanthropists can make evaluation effective for their work.

HSBC launches Next Generation Fund for HNW's

“HSBC has been researching emerging managers for many years, and we have an established track record of investing in some of the best new managers in the industry. This Fund provides our clients with direct access to a new generation of hedge fund m

Merrill Lynch Wealth Management Strengthens London Office

Merrill Lynch hires advisers from Barclays Wealth and Goldmans

BNP Paribas reports wealth and asset management profit drop

6 billion euros in NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS, DESPITE THE GREEK SOVEREIGN DEBT IMPAIRMENT increasing the provision to 75% of the total greek debt exposure, confirming the robustness of BNp paribas’ business model

Quilter eyes buy opportunities in its latest chapter

Vakil is keen to stress the deal is unlikely to prove ‘transformative’ for the business, with a strong focus on continuity.

Credit Suisse Named Best Private Bank Globally

Euromoney is a leading publication for the global banking and capital markets communities.

Scottish adviser Dunedin goes into liquidation ‎

Helvetia said yesterday that Dunedin, at the time of the £4 million acquisition the largest privately owned IFA in Scotland, had been “reluctantly” wound up.

Pictet AM launches EUR Short Term High Yield fund

In an environment of moderate growth, low inflation and deleveraging, EUR high yield short dated bonds offer an attractive risk/return profile in a European market that has matured at a rapid pace over the past several years.

Cameron calls for truce on bonuses

The government plans to play down the significance of banker bonuses over the rest of the bonus season as it attempts to call a truce in the war of words between politicians and bankers.

High-rate pensions tax relief faces axe

Wealthier savers should be stripped of the higher-rate tax relief on pensions, Chief Secretary to the Treasury Danny Alexander suggests, in a move that will increase pressure on George Osborne to make the rich pay more.

City Asset Management hit by 98% drop in pre-tax profit

City Asset Management has seen its pre-tax profit fall 98% as ‘sluggish’ markets hampered growth.

Is bashing barclays bankers justified

As Barclays reveals its profits Channel 4 News Business Correspondent Sarah Smith asks if, in this case, it is time to stop the popular pastime of banker bashing?

BNY Mellon announced as new Boat Race Title partner

Over 300,000 people watch the Race from the riverside and the event is shown live on BBC TV as well as being transmitted to over 200 countries around the world.

Former Merrill Lynch banker to promote Qatar as rival to the City

Famed for his "little black book" of City contacts, was also appointed one of David Cameron's ambassadors last year and advised the Mayor of London on measures the City should take to remain globally competitive.

Vertem Asset Management judged one of best in the UK

Investment news and data specialist Citywire, has named the Collingwood Street firm in its Top Ten Wealth Manager profiles of the year for 2011.

City's bars and retailers gear up for the annual bonus extravaganza

Stephen Hester, chief executive of Royal Bank of Scotland (RBS), won't be collecting his £1m bonus this month, but thousands of other bankers will. Boodles, and other high-end jewellers, including Bulgari and Theo Fennell, in the historic Royal

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