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

Deutsche Bank reports profit before tax of € 1.2 billion in the second quarter of 2021

The cost/income ratio was 80%, down from 85% in the prior year quarter.

Fortunis Capital to invest in leading UK wealth management firms

The new drive is a completely separate strand of the business from the Fortunis venture capital investments.

Schroders Capital surpasses €330 million for its fifth European infrastructure senior debt fund

Fund V, which is managed by Schroders Capital’s specialist infrastructure team, aims to invest in European investment grade senior debt opportunities.

Diary of a Fund Manager - Silk Road

Those who forecast a permanent return to rising prices, the normal state of affairs in the ‘west’, were left high and dry. If anything we have become more Japanese in recent decades.

Credit Suisse backed FundsDLT to go live with Azimut Investments

Apart from the fund manager’s fees, Fitz Partners found that distribution costs for cross border equity funds make up 61% of fees, with administration coming a distant second at 23%.

Withers global art team recognized by Chambers 2021 HNW guide

The guide identifies and ranks law firms and lawyers around the world, with the HNW Guide specifically focusing on those representing wealthy individuals and families.

The tax breaks that are making electric cars cheaper than petrol

If you pay through your job you can get at least 30% off a greener model

Two more acquisition deals sees Fairstone expand into Yorkshire and Scotland

The Tyneside-based financial advice company has now launched six takeovers through its downstreet buy out programme

Gary Walker Wealth Management in Dons deal

“After such a difficult period during Covid I wanted to step up my support for the Club to help them fulfil their ambitions.

Goldman Sachs Asset Management and DWS mulling offers for NN Investment Partners - reports

NN Group ‘reviewing strategic options’ for NN IP since April

7IM provides investors liquidity through partial merger of suspended funds

DRUM Income REIT uncovered as illiquid

Raymond James opens Cheltenham branch

Earlier this month the firm opened a branch in Cheshire, which is led by Audrey McKinstry and John Simpson.

Bank of England’s ‘Britcoin’ will drive the price of Bitcoin higher

“If the Bank and government officials believe Britcoin will supersede Bitcoin, they are mistaken. In fact, it will have the opposite effect.”

Rothschild & Co launches Wealth Management business in Madrid, Spain

The launch of this new business area will increase the company's presence and broaden its offering to both existing and prospective clients in Spain

Mediobanca reaches for low-hanging wealth fruit

The business serves customers with some 17 billion euros of assets and makes about 25 million euros a year in net profit.

Brewin Dolphin: Quarterly Trading Update

Q3 discretionary net flows of £0.7bn, an annualised growth of 6.1%; implementation of our custody and settlement system remains on track

JTC Employee Shared Ownership Programme Awards £20M To GLobal Workforce

The business listed on the London Stock Exchange in 2018 and current employees own around a fifth of the issued share capital.

Mind the 300-year gap

It takes closer to 750 years for employees in consumer discretionary companies to achieve parity with their CEOs

CIO views: the power of selection

Pessimists will focus on rising Delta cases and the threat of further mutations of the virus, the risk of inflation, taper-timing and the downside risk driven by high valuations.

Robeco selected by St. James’s Place Wealth Management as sustainability engagement partner

Through the partnership, Robeco will also help broaden the wealth manager’s client reporting capabilities, such as sharing information on its engagement activities through case studies that demonstrate the difference it is making through collective

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