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

Wealth managers warn against kneejerk reactions to Budget speculation

Nearly 30 per cent regretted their withdrawal, after speculation that capital gains tax (CGT) rates could be raised to match income tax rates.

Lloyds and Schroders to end UK wealth joint venture, FT reports

Lloyds and Schroders both declined to comment on the report, while SPW did not immediately respond to a request for comment.

Evelyn to migrate 109 WMs to XPlan as ‘Herculian’ tech battle nears end

At S&W, investment managers used Avaloq (although financial planners used XPlan’s previous iteration, Adviser Office).

Fairstone acquires Norfolk advice firm Allen Tomas & Co

The Dersingham firm, near King’s Lynn, advises more than 260 clients and manages £120m of assets.

Altoo Client Survey: Wealth Platform Core to Family Office Operations

Clients cite a consolidated wealth view, intuitive navigation, and strong transparency as key reasons they rely on Altoo daily.

JP Morgan ditches Nutmeg brand in digital wealth revamp

Nutmeg is being replaced with a new service which will be available on the Chase UK app and as a standalone entity.

Florence Schnydrig Moser: «Private Banking Starts at 1 Million Francs»

Despite consolidation in recent years, there are still around 80 providers in Swiss private banking — competition is intense.

Jim London: Moving away from the Wild West in consolidation

While some lessons have been learned, integration remains a persistent weak spot for wealth management organisations completing M&A deals.

Rathbones warns pension tax fears driving premature withdrawals

A Rathbones survey of investors found that accessing the lump sum topped the list of regrets in the run-up to last year’s Autumn Budget when similar rumours circulated.

JPMorgan to launch DIY platform in UK retail investment push

It will be available directly and via the Chase UK app, offering managed investments, pensions and ISAs.

Profits surge at wealth management group in year it was taken private by PE firm

This was supported by an increase in revenues from £123.1m to £134.1m.

IHT changes fuels increase in intergenerational wealth discussion

Flagstone’s latest research revealed 56% have witnessed a rise in clients wishing to talk about the subject.

Leadership and growth: UBP's drivers in the EAM market

SPHERE spoke with key managers from the team to understand how the Bank is responding to the evolving needs of EAMs while consolidating its position as a market leader.

Rothschild & Co named Outstanding Global Restructuring Investment Bank

These recognitions demonstrate our outstanding advisory performance and innovative approach, highlighting the strength of our Restructuring Advisory platform.

Edmond de Rothschild Asset Management makes a strategic move into the Quant space

The new product range will complement Edmond de Rothschild AM’s traditional active management product range with an additional risk/return mechanism.

Quilter’s WealthSelect takes equity profits and tops up fixed income in latest rebalance

Aegon Global Sustainable Government Bond fund added to Responsible Active and Sustainable Active portfolios

Apex Group launches AI-Driven WealthTech platform to expand retail access to private markets

The platform helps firms’ future-proof their strategies amid the expanding private markets and digital asset landscape, while ensuring compliance with a rapidly evolving regulatory environment.

Close Brothers swings to £122 mln loss on motor finance provisions, business exits

The Banking division reported a 7% decline in adjusted operating profit to £198.3 million.

Rathbones reaffirms commitment to responsible investment, renewing membership of Stewardship Code

The accreditation reaffirms the Group’s commitment to responsible investment, transparent and effective stewardship and sustainable long-term value for clients and wider society.

How HSBC’s Wealth Intelligence Intends to Enhance Client Experience

Joe Pickard hears from HSBC head of wealth and premier solutions Lavanya Chari about HSBC's Wealth Intelligence platform.

Wealth and Asset Management