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

Abrdn confirms job losses amid £120mn of cuts to investment business

The division had total assets under administration of £66bn, and net inflows in the six month period to 31 December 2023 of £1.1bn.

Pictet’s wealth management unit cuts back on clients' hedge fund holdings

On average, the top 20 managers were up 10.5% last year, while the industry overall returned 6.4%, the fund of funds investor LCH said in a report on Monday.

Tradition and innovation create winning formula for Weatherbys, the Private Bank of the Year (UK)

Spear's Awards 2023 winner: Weatherbys Private Bank embraces innovation while staying true to the importance placed on human relationships

The Schroders Family Office Service team reflects on winning Family Office Provider of the Year

Spear's Awards 2023 winner: Schroders Family Office Service was named Family Office Provider of the Year, in association with AP Executive

HNW Wealth Manager of the Year Ross Elder on being ‘the best, not the biggest’

Spear's Awards 2023 winner: Ross Elder won HNW Wealth Manager of the Year, in association with August

Objectway Acquires Nest Wealth, Leading Digital Wealth Solutions Provider in Canada

This is a notable milestone in Objectway’s strategy to become the trusted end-to-end global partner for the wealth management industry.

Patience in an uncertain environment

Markets & Investment Update

UBS Launches Large-scale Brand Campaign

The results of that exercise came into full view on Tuesday during the bank's worldwide launch of its new brand campaign.

At Lombard Odier, “Team Strobaek” gets started

Based in Zurich, he also heads the Investment Solutions department and chairs the Private Clients Investment Committee.

Migros Bank: CEO Manuel Kunzelmann was right

As expected, the most important contribution to this came from the interest business, where success increased by a quarter to 641.4 million francs.

FNZ completes acquisition of Luxembourg-based B2B fund platform ifsam to strengthen global proposition

Luxembourg, the largest fund centre in Europe, will become FNZ’s centre of excellence for fund processing services in Europe.

INVL Family Office will provide investment services in Latvia

INVL Financial Advisors launches its operations in Latvia after the approval of the Latvian financial markets supervisory authority.

Macquarie European Infrastructure Fund 7 reaches €8 billion of investor commitments

MEIF7 is the seventh vintage of Macquarie Asset Management’s successful European Infrastructure Fund series and was raised with a target size of €7-8 billion.

Rothschild & Co: 2023, a record year for Asset Management

This dynamic inflow was mainly driven by the bond asset class.

Lombard Odier becomes a patron of GENILEM to support entrepreneurial innovation

A non-profit organisation, GENILEM's mission is to help entrepreneurs in the cantons of Vaud and Geneva to build viable, innovative and responsible companies in every sector.

Union Bancaire Privée reports net profit of CHF 223.8 million, up 6.4% year on year.

The operating result reached CHF 269.2 million, reflecting an increase of 11.6% from CHF 241.2 million in 2022.

IQ-EQ adds real estate to AIFM capabilities in France

The firm is now able to act as AIFM in France for all alternative asset classes.

Fairstone, SJP, then…? More advice fee overhauls expected post-consumer duty

Fairstone shifts to single charging structure as firms rethink fees in light of consumer duty, and FCA says it’s not done yet.

The crucial role of corporate administration in catalysing FDI growth in Switzerland

This article explores how these services are instrumental at every stage of FDI, from initial setup to long-term success.

True Potential Appoints Northern Trust for Asset Servicing Solutions

Selected by UK Wealth Manager to Service GBP26 billion of Assets Under Management

Wealth and Asset Management