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

St. James's Place Half Year Results 2021

Growth in new business and funds under management has resulted in strong growth in income

‘The Queen’s bank’ Coutts joins the ranks of ethical brands

Despite chequered history the 329-year-old private bank has secured the sought-after B Corp status

Rathbones Funds under management and administration up 8.2%

The deal continues to be on track to complete during the third quarter of 2021, adding c£4.7 billion of funds under management and administration.

PraxisIFM announces sale of Fund Administration division

Formed in 2005, the PraxisIFM Funds Business is one of the leading players in the European listed funds sector and augments Sanne’s existing presence in this important market.

Barclays H1 2021 Results

Barclays has announced its H1 2021 Results at 7am UK time on 28th July.

Inflection Point Intelligence launches Henley Family Office Program

The new family office executive training program builds on IPI’s successful Henley Executive Hedge Fund Programme in collaboration with Henley Business School, which has become a globally recognised training and education resource for professionals

Perspective buys four IFAs to reach £3.6bn AUM

“We see a growing demand for the type of expert, specialised advice we offer that enables clients to make full and effective use of their financial resources"

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.”

Wealth and Asset Management