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

Move over Millennials, there is a new gang in town and they mean business

The post-Millennial generation known as Generation Z will make up nearly a third (32%) of the global population of 7.7bn in 2019

Model use and misuse by David Rule

A model applies theories, techniques and assumptions to process input data into quantitative estimates for a particular purpose.

The Sunday Times Rich List 2019: age of uncertainty rattles the super-rich

After a year of turmoil on the stock market and high street, the super‑rich have a new fear — Corbygeddon. Robert Watts reports on how they are planning to protect themselves from a hard-left government

Who are the UK’s most generous millionaires?

At a time when fewer Rich Listers are donating significant sums, the Garfield Weston Foundation gave away its billionth pound last year. Clare Grant and David Paul report

Who Owns England? by Guy Shrubsole review – our darkest secret

This passionately argued polemic reveals that half of England is owned by less than 1% of the population

Massive discounts up to 21% for prime London homes, says bank

The current status of the pound means that for dollar-denominated buyers, prime London property is about 40 per cent cheaper than it was in 2014, and for those using euros to make a purchase it’s about 30 per cent cheaper.”

Back hedge fund young guns over established names, says alts boss

Putting so much of your own money into a business which burns through cash at such a high rate is one of the most powerful incentives to make the venture work.

Banks aware of FinTech threats, says financial services report

The largest cross-border deal in financial services of 2018, the US$14 billion Series C investment in Ant Financial, was one among a flurry of FinTech deals.

How major banks turned a blind eye to the theft of billions of pounds of public money

In just eight weeks in 2009 they claimed back £300 million before the Revenue stopped paying up and HMRC is still pursuing that money though the courts.

Macro and Markets Weekly by Gary Dugan

The Chinese will feel more comfortable dealing with the matter than they did last year.

Diversity Is Just the First Step. Inclusion Comes Next.

Many companies are taking steps to increase the diversity of their workforces.

Pension transfers tripled at third of schemes in 2018

The survey also showed that only half of final salary schemes remain open to future accrual of benefits

Global funds favour bonds, but say most assets expensive

In the latest survey of 36 fund managers conducted April 17-30, global equity allocations accounted for 47.0 percent of the model portfolio from 47.6 percent in March.

The endless talk about a shortage of skilled workers in Germany

How big is the shortage of qualified workers in Germany really? In some industries, the line of job seekers is running low.

What’s Next for All These European Banks in Asia?

Nothing indicates the pool will be any larger in 2019, though individual institutions may eke out larger or smaller shares in this zero-sum game.

Infrastructure a Highlight in the Mediocrity - Gary Dugan

Don’t let the headlines deceive you.

Wealth clients willing to pay for financial advice, 33% switch providers - study

Research says more than 80% of wealth management clients express interest in financial advice and planning, yet half of these remain on the sidelines

Brexit threatens pound’s status as global currency, surveys says

Central bank reserve managers signal reluctance to hold sterling after UK leaves EU

The 5th Money Laundering Directive; mandating electronic verification

Martin Cheek, MD of SmartSearch, says electronic verification, mandated by the 5th Money Laundering Directive where possible, is the answer

Belt and Road Forum: Philip Hammond's speech

To discuss the next phase of the Initiative.

Comment, Analysis & Research