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

LGT to create Region EMEA

The new setup will become effective as of 1 January 2023.

Central banks up the stakes – a key risk for the global economy

Upcoming hikes would take the Fed well beyond its previous estimates of ‘neutral’ policy that neither stimulates nor curbs growth (in the mid 2% range), and the peak of the last hiking cycle, into restrictive territory.

Lumin Wealth completes acquisition of Ashridge Financial Management

The acquisition builds on Lumin’s strategy of partnering with like-minded advisers who share the same high standards and commitment to client-centric solutions.

PE-backed advice company buys Beaufort Group

Acquirer was set up last year by former CEO and CFO of Quilter Financial Planning

Stonehage Fleming announces senior promotions

In the Jersey Family Office division, Ian Ferguson and Rudi Bodenstein have been promoted to Partner.

Wealth Management Market Players To Provide Hybrid Services By Integrating AI

The Business Research Company’s Wealth Management Market 2022 - Opportunities And Strategies – Global Forecast To 2030

Caledonia Investments looking to sell fund manager 7IM

Caledonia has owned 7IM for seven years, after acquiring the company in 2015 for GBP100 million.

Pictet predicts asset allocation ‘shake up’ over next five years

Firm says emerging markets and alternatives can achieve double-digit returns

Luxembourg Ministry of Finance appoints Schroders and BlueOrchard to accelerate climate action with a landmark partnership

The initiative will specifically focus on the environment: climate mitigation, climate adaptation, and the protection of water and biodiversity.

The Private Banking Awards 2022 winners announced!

Both Santander and BNP Paribas Wealth Management left with two awards a piece.

BMO EMEA to be rebranded as Columbia Threadneedle Investments

Follows £615m acquisition

HSBC AM expands alternatives arm with capital solutions unit

The unit will offer flexible capital solutions in private and sustainable assets for HSBC Asset Management institutional and wealth clients.

European private bank unveils advice service

It will be available to customers with a net worth between €1m-€4m

Close Brothers taps Sanlam and Rathbones for five senior hires

Opens new Chichester office

Young Fundpicker: How can wealth managers stay relevant?

New generation of investors

Credit Suisse to call for redemption of CHF 1.5bn capital instrument

The firm plans to issue up to CHF 2bn in high-trigger Tier 1 capital instruments this year.

Tatton sees 26% revenue rise as it reaps acquisition benefits

The group is aiming to hit £15bn in AUM by 2024, and has so far exceeded its organic growth target of £1bn per year, delivering £1.7bn in the first 12 months.

WealthSelect adds to Fixed Income across the range as economic uncertainty persists

The Responsible Active and Blend portfolios also see the introduction of a new holding

Credit Suisse banker to depart after unapproved messaging – report

Anthony Kontoleon was removed from his post as global head of its equity capital markets syndicate in April, and is due to leave imminently after 28 years at Credit Suisse.

Wealth management trends and the ‘new normal’

It was usually managed by lifelong financial advisors who handled the portfolios and kept the investments ticking over from a discreet distance.

Wealth and Asset Management