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

Greece bids to attract the super wealthy

Greek laws do not account for family offices, but the government is preparing a plan that would provide incentives for such companies to relocate to Greece

Italian WM tech firm opens Zurich branch

Prometeia aims to become the ideal partner for Swiss financial institutions looking to transform their wealth management technology and processes

Fairstone adds 500 clients and £400m FUM with Chiltern House acquisition

Adding £400m FUM

The Drivers, Challenges, Opportunities, Steps and Technologies & Tools for Wealth Management Firms

Through the interview William and Amrik talks about the background and origins of Contemi,

GAM Discerns a Silver Lining

Our operations have remained resilient and productivity has remained high in a Covid-19 remote working environment, and we are making good progress with our strategy.

HSBC Switzerland records loss after pre-tax revenue falls by $90m

In positive news, customer accounts in Switzerland increased from 6,558 to 9,146 in the first six months of 2020.

Schroders Global Investor Study 2020: Bullish investors still targeting investment returns above 10% despite Covid-19 shock

Average annual return expectations over the next five years have edged up to 10.9% for investors globally

Aegon finalises Kames rebrand

Kames Capital will rebrand as Aegon Asset Management on 7 September, with the names of its suite of funds following suit.

Revealed: Bristol boutique enters acquisition arena with IFA buy

RC Brown has made its first buy, with the firm aiming to expand its offering among advisers.

Pictet eyes long-term growth stocks with new market neutral global equities hedge fund launch

The new strategy is a UCITS compliant version of an existing market neutral global equity hedge fund strategy managed internally by Pictet’s Aquila team within the firm’s multi-strategy funds offering.

Société Générale falls to surprise loss

During the first half of 2020, Societe Generale successfully adapted to the consequences of the health crisis and was therefore able to effectively support its customers and employees, thereby strengthening its position as a trusted partner.

SMP Group completes acquisition

The deal has been undertaken with the support of Palatine Private Equity LLP, the UK midmarket private equity house that partnered with SMP in its 2019 management buy-out, with additional debt funding from Apera Asset Management.

HSBC’s First-Half Profit Dive Misses Analyst Forecasts

The bank also warned of expected damage to its core capital ratio as worsening credit ratings impact its risk-weighted asset ratio.

Wealth management firm completes £25.6m deal

All 33 of its staff will be retained by Mattioli Woods following the deal.

Just one in four UK adults would speak to an adviser after receiving a windfall

Quilter research, conducted by YouGov*, asked respondents what three things they would do if they were to be given £500,000 tomorrow. Just 27% said they would speak to a financial adviser, which was consistent across all age groups.

Walker Crips makes 10 redundant and warns on profit

Pre-tax profits were up 97% to 31 March but the economic downturn has led the firm to take a number of cost-cutting measures.

Gold/Silver: the early stages of a long-term bull market

Despite the impressive 30% rally for gold and 70% rally in silver from the March lows, the precious metals are likely still in the early stages of a long-cycle bull market.

Coutts and Adam & Co first half inflow jumps to £1.6bn

Coutts and Adam & Company H1 Results

All aboard for the Carey Olsen Jersey Regatta

Racing will get under way on Friday morning with a coastal race for the cruiser/racers whilst the 'small boat' classes come to the line later that afternoon.

Sanlam fee hike prompts adviser exits

It comes after FTAdviser reported earlier this year that from April 2020 Sanlam would move to a minimum fee of £20,000 a year for all ARs advising on pensions and investments, regardless of turnover.

Wealth and Asset Management