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

UBP House View - July 2024

Momentum has been propelled by earnings growth and the “Magnificent 7”

PIMFA Wealthtech and EY Announce the Publication of our Report New Technology And Client Expectations in the Wealth Management Industry

The report outlines the changing expectations of clients in the wealth management industry

Impax to acquire European-based high yield assets and expand fixed income team in agreement with SKY Harbor Capital Management, LLC

The acquisition marks an important step in Impax’s strategy to expand its fixed income business and follows Impax’s agreement to acquire the assets of Copenhagen-based Absalon Capital Management (“Absalon”).

Oxfordshire-based CMS Wealth snaps up UHNW firm

CMS is aiming to raise its profile with the deal to become a leading player in the financial planning sector.

ZKB puts Swiss banks through their paces

Even if the exceptional year is unlikely to be repeated, the earnings prospects are quite favorable.

Liontrust looks to positive times for UK asset managers

Analysts at Panmure Liberum said the company's "direction of travel is changing for the better.

Redemption of two UBS Group AG additional tier 1 instruments

The last trading day of the SGD AT1 instrument will be 2 September 2024.

Golding’s successful secondaries strategy strengthens its ESG approach and classifies as Article 8 SFDR strategy

Golding Capital Partners has refined its sophisticated ESG screening model and so extended full ESG transparency to its secondary market products.

Deutsche Bank division cuts external consultancy spend by 70%

The decision to cut consultancy spending, amounting to a double-digit-million-euro reduction, aligns with the bank’s broader cost-cutting goals, and the strategy to leverage internal expertise to resolve complex and recurring issues.

BlackRock urges FCA to include corporate access in investment research overhaul

MiFID II changed the rules governing how brokers facilitate meetings between asset managers and company executives

Julius Baer says don't cut Big Tech and investment grade credit

Rival private banks have been turning angsty on the valuations of the US tech titans and high quality corporate bonds, but the Swiss pure-play remains a staunch bull.

'Wealth managers should collaborate with family offices to serve HNW clients'

The report found UHNWs have increased the number of relationships they have with a wealth management firm from three in 2020 to seven in 2023.

LOIM launches earnings-surprises big data hedge fund

The DataEdge strategy is opened for the first time to external investors and in the Ucits format.

Indosuez Wealth Management launches the 'StartUp Connections' in 4 countries

Developed by the Indosuez Innovation Lab, StartUp Connections lists over 100 international startups in the fundraising phase or in search of business relationships.

Pictet Alternative Advisors buys Technology Services Group

Second UK investment by direct private equity team

Mediobanca strengthens in European advisory services with the opening of a new office in Germany

Corporate and Investment Banking Division Consolidates its Specialization in MID Corporate deals at international level

Schroders publishes its first impact investment report

Schroders Impact Report provides a comprehensive summary of the tangible impacts being delivered by our Impact Driven investment range.

TISE reports sustained listings growth in first half

The total market value of all listed securities surpassed the £700 billion mark for the first time, reaching £708 billion at the end of June.

Asset manager: Credit Suisse leaves a gap

The disappearance of CS is a loss, especially in the corporate banking sector.

Franklin Templeton calls time on Euro Core Plus Bond fund

Firm to rationalise Western Asset fund following review.

Wealth and Asset Management