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

Charles Stanley profits dip as FSCS bill rises 66% and revenues fall

Charles Stanley has seen its profits fall by 27.5% to £6.6m in the six months to September as assets under management drags on revenue.

Close Brothers post strong results, despite virus

Our operational capabilities and financial resources have enabled us to continue to build on the positive momentum seen in the last months of the 2020 financial year.

Investec shares slide on profit plunge

The bank’s share price fell 5% after it announced adjusted operating profit had fallen by 48.4% to £142.5m, although its wealth business stood firm.

Nordea 1 – European Stars Equity Fund celebrates its 3-year anniversary

The Fund is part of NAM’s constantly expanding ESG STARS family, its flagship ESG fund range which represents a distinct concept and approach where the team fully integrates ESG factors into the investment process.

Schroders among founding partners of Change the Race Ratio campaign to accelerate racial diversity in business

Schroders is campaigning to Change the Race Ratio and will start by setting targets for greater racial and ethnic diversity across the business.

Nutmeg and J.P. Morgan Asset Management launch Smart Alpha portfolios

To change investing for the better, we create low-cost, innovative investment products which are accessible to everyone

Kingswood Holdings to acquire Regency Investment Services

The transaction boosts Kingswood’s client facing advisory team to 67 people and increases assets under advice/management to circa £5.0 billion from over 16,000 active clients.

UK based fund distribution company launches capital bond to finance acquisitions in UK wealth management sector

This bond will help to facilitate that growth as we look to acquire high growth IFA and fund management businesses.

Standard Life Aberdeen boss confirms changes at Wrap and Elevate and UK wealth push

Former banker Stephen Bird is also looking to take inspiration from Blackrock with move into ETFs

Uncovering the wider benefits of financial advice

New research shows that sound financial advice boosts confidence and emotional wellbeing

The international portability of wealth will be crucial in navigating the complex world of tomorrow

High Net Worth (HNW) families have much to consider, balancing their shorter term lifestyle needs, against the needs of their family construct and, over the longer term, the legacy they wish to leave behind.

Ninety One Focuses On Execution As Interim Profit Grows

Our strategy is clear and our focus remains on execution

Fairstone gains £150m in latest adviser deal

"The team are a strong cultural fit for Fairstone, with high quality individuals who really care and put clients at the heart of what they do."

‘Big fat chequebooks’ squeeze small IFAs out of M&A market

As acquisitions by consolidators leave rivals in the dust

Night of the Wrong Wives by Tim Price

The status of Downing Street’s head of communications was threatened because Johnson wanted to appoint Allegra Stratton as his press secretary.

JTC to Enter FTSE 250 Index

Headquartered in Jersey, JTC listed on the Main Market of the LSE in March 2018

FNZ to Acquire Silica from Ninety One

The acquisition supports FNZ’s long-term strategy of expanding the accessibility of wealth management services in the South African market.

UBS’s Chandler: The Future Of Wealth Management Will Be Digitally Enabled But Won’t Replace Relationships

UBS financial advisors may send clients a digital survey seeking feedback.

The Goldman Sachs 2020 Partner List

27% of this year's Goldman partner class are women. 7% are black. 5% are Hispanic/Latinx and 17% are Asian.

IQ-EQ: Meeting the complex needs of next-gen HNWs

The widely anticipated ‘great wealth transfer’ is set to be particularly interesting, as there are three clear differences between the inheriting generation and the incumbents.

Wealth and Asset Management