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

EFG International: Record profit of CHF 147.6 million (+47%)

Net new assets totalled CHF 3.0 billion, corresponding to an annualised growth rate of 4.2%, within EFG’s target range of 4-6%.

GAM Responds to Newgame Claims

As a public company GAM has an obligation to ensure that information it discloses is accurate and transparent

Nugenis Awards Bordier UK £200M Mandate

We enjoy a great working chemistry with the Nugenis team and look forward to building the relationship.

Rathbones takes £6m fee freeze hit waiting on Saunderson House deal

‘We have chosen not to charge investment advisory fees to clients’

EQ Investors launches sustainability questionnaire toolkit

Advice firms can now use the questionnaire as a go-to reference for supporting their conversations with clients.

Nucleus launches improved cash panel on James Hay platform to help advisers make their customers’ cash work harder

There are currently 26 different account options up from the three that were previously available, providing greater flexibility and enabling more customers to take advantage of the higher interest rates on offer.

Julius Baer to end business with Russia-based clients

The wealth manager said it will drop all Russia-domiciled clients by the end of the year as a result of the widening spate of sanctions.

Vontobel will work with Microsoft to employ AI

The global investment company Vontobel is scaling up its collaboration with Microsoft in order to employ Azure Open AI Service.

Julius Baer Breaks New Ground in Client Expansion

This doesn't prevent him from attracting more outside talent because the bank offers attractive conditions.

Alternative expertise helps LGT make headway in ultra-high net worth space

The strategy, which aims at achieving “equity-like returns with fixed income volatility”, was made available to ultra-rich clients just seven years ago, after the UHNW share class was tested for two years.

Evelyn Partners Group Limited Interim results for the six months ended 30 June 2023 (unaudited)

During the period, the business delivered record growth in both gross and net new assets, increased operating income including excellent momentum in Professional Services fee growth

Migros Bank achieved a strong first half of 2023

With success: Migros Bank received several awards in 2023 for the digitization of its customer offering.

Unicorn Asset Management chair Colin Howell dies

A statement from the firm reports that the industry veteran passed away unexpectedly.

What is wealth management?

What do wealth managers do and how can they help HNW individuals maximise the efficiency of their investments?

Presentation of the 2023 half-year results for the Julius Baer Group

In the first half of 2023, assets under management grew by CHF 17 billion (4%) to CHF 441 billion.

GAM Holding AG provides update on the Liontrust offer

In addition, with GAM having entered into definitive agreements to sell the third-party FMS businesses in Luxembourg and Switzerland to Carne Group, Liontrust has waived the FMS Exit Condition.

IHT receipts show £0.2 billion rise year-on-year

Inflationary growth of asset values coupled with frozen allowances* are helping ensure that, as things stand, IHT receipts continue to be a lucrative earner for the Treasury.

Julius Baer plans new northern UK branch as it pulls in billions

The move comes after the private bank saw a surge in first-half inflows to CHF7bn following the merger of two of its biggest rivals, Credit Suisse and UBS.

Liontrust waives key condition in GAM deal

The requirement for GAM’s fund management services unit to be sold before the takeover deal can go through has been waived.

UBP: First half-year results 2023

Revenues amounted to CHF 616.4 million in the first half of the year, representing a slight decrease (-0.7%) compared to CHF 620.9 million in the first half of 2022.

Wealth and Asset Management