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

Nordea AM to wind down emerging markets debt team

Outsourcing to external manager

Majority of high net worth borrowers rejected for preferred mortgage – Investec

In the last five years, 84 per cent of high net worth applicants had to accept a lower LTV or put down a larger deposit to secure their preferred mortgage.

Nadège Lesueur-Pène: “Private Banks Should Better Focus”

A million dollars of short-term deposits differs from a million dollars invested actively through a discretionary mandate.

Business Awards UK Announces Winners of the 2023 Wealth Management Excellence Awards

This year's honourees have exemplified a dedication to excellence and a commitment to client satisfaction that distinguish them as industry leaders.

Titan Wealth Group announces sponsorship of GB Sevens men’s and women’s teams

Titan Wealth has an ambitious strategy for growth over the next 3 years, both in the UK and internationally.

Jupiter launches five-strong thematic fund range

The Article 8 range will be led by Amadeo Alentorn and focus on ‘transformative, and often disruptive, megatrends’.

Julius Baer to Announce Signa-Linked Write-Off

This is the largest exposure in its private debt loan book and is widely believed to be linked to Signa, which filed for insolvency in November 2023.

Swiss asset management back on track for growth

A strong final quarter on the stock exchanges led to a positive balance in the Swiss fund and asset management market for 2023 as a whole.

Bristol Planner named SJP Chartered Award winner

She was one of five Chartered Financial Planners shortlisted for the award, which recognises professional standards and commitment.

UniCredit to offer Apollo Clean Transition Equity ELTIF to wealth and private clients

UniCredit becomes the first bank in Italy to offer the ACT Equity ELTIF and one of the first in Europe to provide its clients with investment solutions according the new ELTIF 2.0 directive

Observers Expect Massive Provision Increase at Julius Baer

The bankruptcy proceedings for the various Signa companies are progressing.

Julius Baer and the Elephant in the Room

Reading between the lines, that is likely to be the Signa business empire founded by Austrian investor René Benko.

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

Guernsey-based Funds Channel Additional £13 billion into UK Economy

The report shows that a significant proportion of this investment into the UK would not have occurred if these funds were domiciled elsewhere.

SJP announces chartered award winners

The new responsible business award was created to celebrate businesses that "aim to have a positive and lasting impact on society".

Private bank CIOs are ill at ease using semi-liquid funds

Semi-liquid funds are often seen as key to unlocking broader private markets adoption, but wealth management firms themselves have issues explaining these structures to clients.

Channel Islands shine in The International Finance Centre Awards 2024 winners’ list

The Channel Islands stood out again with the numbers and the excellence of the winners.

Sygnum raises more than USD 40 million in interim close of oversubscribed financing round

As of the completion of this interim close the company’s post-money valuation stands at USD 900 million.

SJP reports record FUA but inflows fall by almost half

This largely came from significant growth in its pensions arm, which grew by over £6bn in the final quarter of the year

Schroders boss: Advice guidance proposals ‘will not solve advice gap’

The FCA published its advice guidance plans last month. It hopes they will allow more people to access financial advice or support.

Wealth and Asset Management