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

Fintech launch aims to boost access to private markets investment

PM Alpha is aiming to popularise private markets investment to a wider investment base by enabling better access for wealth managers to the best private markets managers.

Pictet announces 2022 first-half figures

Net profit is up 1% to CHF 380 million, adjusting for the one-off gain in the first half of 2021 from the sale (sale and lease back) of the main building of Pictet in Geneva.

Rothschild Bank digests takeover

The operating profit behaved analogously, which also shrank by 5 percent to 11.8 million Swiss francs.

Syz Group half-year results in line with ambitious budget despite market turmoil

Highly adverse market conditions translated into decreasing transaction volumes and assets under management in the first half of 2022.

Women, wealth and teamwork – the future of finance in Italy

The number of female clients has also risen, with women increasingly involved in managing family wealth or gaining independent wealth through successful entrepreneurship.

Lombard Odier in Italy: “the Rolls Royce of private banking”

Our size allows us to focus fully on performance and to adapt operations where necessary, something that is difficult for larger banks.

Wealth management veterans set up private markets platform

To give retail investors access to a wider range of asset classes

Fighting Swiss inflation with a strong franc

A rising franc also risks deflationary effects at home as consumers put-off buying goods that may become cheaper.

Partners Group reports strong H1 management fee growth driven by robust client demand; lower performance fees in line with guidance

Confirm our full-year 2022 gross client demand guidance of USD 22 to 26 billion.

Rathbones applies barbell strategy to its multi-asset fund range

The purpose of this strategy is to strike a balance between reward and risk by focusing on two extremes.

Why recession looms for the developed world

Central banks around the world are hiking interest rates to battle rising inflation. Recessions are now expected in the US, UK and Europe in the next year.

Mirabaud suffers a drop in profits

Assets under management at the end of June amounted to CHF 33.2 billion.

Schwyzer Kantonalbank dampens expectations

On the other hand, success in the commission business increased by 9.8 percent, and in the trading business the figure rose by as much as 16.2 percent.

Quilter expands digital signature capability with addition of four providers, bringing total to 11

The additions take the number of digital signature providers recognised by Quilter to 11.

LGT reports higher profits and strong net asset inflows for the first half of 2022

The first half of 2022 was exceptionally challenging due to the geopolitical and economic uncertainties in international financial markets, which was also reflected in the generally subdued level of client activity.

Van Lanschot Kempen announces EGM related to capital return proposal

After the capital return, the CET 1 ratio will remain well ahead of Van Lanschot Kempen’s capital objective of 15%, plus an M&A add-on of 2.5% for acquisitions.

Revealed: Evelyn's £12m bill for triple adviser swoop

Evelyn paid nearly £12m to acquire three adviser businesses last year, the latest set of accounts for Tilney Smith & Williamson reveal.

Lombard Odier reports half-year results for 2022

Operating income for the first half of 2022 was CHF 689 million, down 4% from the first six months of 2021.

JO Hambro Capital parent accepts $2.5bn Perpetual bid

Citywire Australia: The merger creates a global asset manager with combined funds under management of $201bn.

Strategic partnership - ETH and UBS launch partnership to promote innovation and entrepreneurship

UBS will also make a donation of up to CHF 20 million to support the construction of a new ETH building on the Hönggerberg campus.

Wealth and Asset Management