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

August Benz: Swiss Financial Center Amid Geopolitical Risks

These attributes have enabled the Swiss banking sector to establish itself as a safe haven for investors and companies.

Schroders Solutions selected by Merseyside Pension Fund to manage £3.8 billion equity protection strategy

The strategy enables the scheme to maintain its equity exposures in order to meet its long-term performance objectives, while effectively managing downside risk.

Golden Visa Boom: Malta, Spain, Montenegro, Antigua & Barbuda, Grenada attract interest from HNIs for citizenship

The country's appeal is evident in its growing foreign resident population, which exceeded one million in 2023, representing over 10% of the total population.

Revolut Chair, Others Eye Buying Monaco’s Banque Havilland

Murphy said the investors aim to “restore the trust” of the bank’s clients and staff after last month’s news of the license forfeiture.

BNP Paribas signs an agreement with HSBC for the acquisition of their Private Banking activities in Germany

The closing of this transaction is expected during the second semester of 2025, once regulatory approvals have been obtained.

Fidelity and Abrdn among backers of new investment platform trade body

Although most UK investment platforms are already members of other associations, the new body aims to address issues specific to the £800bn industry.

UBS renews its partnership with Mercedes-AMG PETRONAS Formula One Team

The bank has been part of the Team’s partner family since 2011, during which time the team has successfully clinched seven Drivers’ and eight Constructors’ World Championships.

Breaking taboos in Swiss private banking

It is shaking the foundations of this secretive profession - what's more, there are many indications that the dam has now been broken.

Private Banking Awards 2024: Recognizing Excellence in Wealth Management

This year, 21 providers participated, with peers evaluating each other’s performance, ensuring an independent and objective ranking.

Carmignac enters private markets with launch of Article 8 PE strategy

The Carmignac Private Evergreen fund will be run as part of a strategic partnership with secondaries firm Clipway

Vontobel to acquire client book from IHAG Privatbank

The transaction is expected to have a positive impact on Vontobel’s group net profit from day one.

IQ-EQ’s Bagshaw: The asset management industry must do more to fuel female success

Caroline Bagshaw highlights the initiatives firms should adopt to move the needle towards better diversity, equity, and inclusion

Citi targets Swiss family offices with ‘highly beneficial’ PM licence

Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.

Wealth Managers turn to technology to address challenges

The study found around three out of four (74%) questioned said they expect to increase investment in technology to help address regulatory demands with 35% expecting a dramatic increase over the next three years.

UK wealth managers and IFAs see rising interest in leveraged exposure

The study has revealed that 85% of UK-based wealth managers and IFAs report that their clients have invested in financial instruments that offer leveraged exposure.

Raiffeisen stamps deal with Soven 1 Holding to sell Priorbank JSC

RBI signs a contract to sell Priorbank JSC to Soven 1 Holding Limited.

Saffery Trust named Trust Company of the Year at 2024 STEP Private Client Awards

The firm was also recognised for its contribution to its community

Deutsche Bank strengthens its comprehensive advisory approach and invests in digitalization

Deutsche Bank remains the bank for clients looking for high-quality advice.

Close Brothers agrees sale of Close Brothers Asset Management to Oaktree

The Transaction is expected to complete in early 2025 calendar year and is conditional upon receipt of certain customary regulatory approvals

Close Brother Preliminary Results for the year end to 31 July 2024

The FCA's review of historical motor finance commission arrangements announced in January introduced significant uncertainty for the group.

Wealth and Asset Management