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

British banks face more severe Covid fallout than their European peers

All five UK banks have under-performed, falling by between 42% and 55% this year compared to a 36% fall in the European banking index.

Bank leaves interest rates unchanged, but its outlook remains uncertain - comment from Fidelity International

The good news is that activity seems to have picked up sharply since the April trough.

BofE Chris Bailey Commentary: We have seen a chink of light for UK economy

This is another positive signal at a time of still considerable uncertainty.

Flexible working is here to stay for financial advisers

Advisers will also find socially distanced desks, hand sanitiser stations, one-way systems and personal protective equipment as commonplace.

Businesses lose over $1m annually due to poor data management

Indeed, ITDMs confirmed they are losing, on average, more than $1m annually due to poor data management.

What happens when my loved one dies? Three steps you need to take in the UK

The process is more straightforward if the death was expected and the cause of death is clear.

Swedish pension injects €48.5m into A-rated PM's impact mandate

Swedish giant increases the size of strategy overseen by UK-based ESG investment specialist Impax AM.

Office for National Statistics looking at attitudes towards pensions and saving for retirement

The gradual increase in confidence concerning our retirement finances coincides with an increasing trend toward people viewing pensions as the most secure way to save.

When will Europe crack down on those aiding and abetting financial crimes?

At the heart of the dispute currently cleaving Leo Trust, one piece of the web of Swiss financial services companies which optimize super high-net-worth clients’ assets for tax purposes, in two is a $1.35 billion loan contract.

UK expat exodus up 30% post Brexit - study

Authored by Daniel Tetlow of Oxford-in-Berlin and WZB's Daniel Auer, the joint statement warned that the UK is "facing a potential brain drain of highly-educated British citizens, who have decided to invest their futures in continental Europe&am

Boss of former Barnett trust on why merger was best option

Perpetual Income and Growth had been managed by Invesco’s Mark Barnett, before he was removed in April.

Control the message by Rathbones

The ability to pivot toward takeaway and home delivery has helped some, and the relaxation of lockdowns has even helped the oil price float higher as more tanks get filled up.

LOIM equity head highlights new tourism investment opportunity

He also noted the popularization of working from home and the potential for some supply chains to transition from just-in-time to just-in-case models.

Covid-19 pandemic responsible for increased anxiety among business owners

The pandemic is also having a far-reaching impact on mental health, with two-thirds of participants in the research admitting to being negatively affected

New analysis from HANetf reveals strong growth of Swiss ETF market

Hector McNeil, co-founder and co-CEO at HANetf says: “The Swiss ETF market has enjoyed staggering growth in recent years, and we believe the scene is set for this to continue or even accelerate.

Policymakers still Needed

Developed market equities returned 4.7% underperforming emerging markets which were up 8.4% led by that strong performance from China.

Willis Owen reveals the best & worst sectors and funds

The UK market also continued to suffer as new lockdowns and changes in travel rules for Spain hit the domestic market.

Riding the economic wave

And we’re increasingly optimistic about the positive impact of vast economic support programmes.

Appleby : Offshore Business Update - Issue 19

Our online hub which hosts this information will be continually updated as the pandemic evolves.

Moving to cash left investors £50,000 behind peers, 7IM research shows

A move to cash when large crashes occur is a common response in a crisis.

Comment, Analysis & Research