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

What the FCA's call to action means for wealth managers

Identify how managers can meet the FCA's expectations

Brooks Macdonald cuts costs by £4m

As at 31 December, the group had £5.2bn of funds under management or advice.

Fresh-faced CEO drives 30% net new money growth at Vaduz private bank

Banque Havilland Liechtenstein’s CEO Fabian Käslin says a 'red carpet service', and a sense that 'small is beautiful again' is powering inflows at the boutique bank.

IQ-EQ’s Group CEO named in eprivateclient’s 50 Most Influential for 2024

The ‘50 Most Influential’ recognises and celebrates the most prominent leaders within the private wealth industry in the UK and Crown Dependencies.

Rathbones takes £300m hit from Investec W&I exits

Following its fourth-quarter trading update, Rathbones says things are now settling down as the firm starts integrating Investec Wealth & Investment.

'Private equity puts management's toes to the fire'

Cook has plenty of experience with private investors, having been a board director at Thesis Asset Management when private equity was brought in.

UBS Against Wall Street: The Race for Market Cap

The increase in value over the past few months means that UBS is now trading at a price-to-book ratio of 1.1. Morgan Stanley

Traditional Geneva house attracts fund managers from CS

The departures include Valentin Petrescou , currently head of global fixed income strategies at Credit Suisse

Ardevora to stop managing money for external investors

Capital will be returned to all clients

Four Trends That Will Shape the Wealth Management Sector in 2024

As firms navigate the post-pandemic era with highly connected clients, digital readiness will be a critical focus area in shaping the path forward in 2024.

Royal London expands £2bn multi-asset range following IFA demand

The asset manager is boosting its GMAP range with a mid-risk portfolio on the back of adviser feedback.

Ninety One addresses shareholder dissidents from AGM

Concerns over ‘dilution of rights’

Hungary’s Private Banking Sector Flourishes in 2023

On the other hand, entry limits for new clients remained largely unchanged, barring a few specific institutions that made slight adjustments.

Mercier Van Lanschot: A New Titan in Belgian Wealth Management Market

This unification has propelled the new entity to become one of Belgium’s leading private banks, managing €10.5 billion in assets as of the third quarter of 2023.

Coutts: 2023 Year in Review

Investment Outlook 2024

Former Vontobel star is now focusing on the Middle East

What convinced him about the region were the business-friendly approaches of the local governments and their plans to break away from their dependence on oil.

Mattioli Woods joins forces with T Rowe for income model portfolio

The firms see an ‘exciting opportunity set’ on offer in income-producing assets following a prolonged period of low interest rates and yields.

What is a family office?

A family office is a private wealth management advisory firm that serves ultra-high-net-worth individuals and families.

Schroders launches multi-asset Article 8 fund with ILS component & HSBC reach

The idea is to deliver “an attractive and resilient income stream” through investments into a diversified portfolio of assets, including alternative asset classes.

Baloise boss has an open ear for activists

The insurer's CEO is now quite calm about the request.

Wealth and Asset Management