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

Let’s do this

Bricks & mortar are back in fashion for now. After a major lag in 2020, assets related to tangible businesses must catch up.

Jersey announces establishment of 400th foundation

Since their introduction on the statute in 2009, foundations have been a valuable addition to the range of structures available to ultra-high net worth individuals and family offices.

1825 client director talks adviser targets and fairer fees

Research last month showed that around a third of adviser pay is still based on bonuses, and the likes of St James’s Place and Chase de Vere have been frequently criticsed over lavish reward packages for top performers.

UK wealth manager expands partnership with Canada Life

To offer the insurer’s retirement account as a core pension solution to clients

CREALOGIX Insights January 2021 edition: Digital Banking & Wealth

We want to understand how you and your organisation are thinking about these topics

Invesco launches the first Euro Hybrids UCITS ETF

Sitting just above common equity, hybrids typically offer a significantly higher pick-up in yield over the senior debt from the same issuer.

Trust ditches Invesco and the UK

Proposed Change of Investment Objective, Policy and Management Arrangements

Schroders rolls out sharia-compliant fund in first quant team launch

The Islamic Global Equity fund will be managed by the Schroders Systematic Investments team, headed by Ashley Lester.

St. James’s Place opens new office

The new premises will provide the tools and flexibility to deliver advice in the modern age

Schroders joins the global Valuable 500 Initiative

The Valuable 500 Initiative, launched in 2019, aims to bring disability inclusion to the forefront of the diversity and inclusion agenda and raise awareness amongst business leaders around how disability is valued and represented within business.

Quilter dismisses deferred payment delay reports

It is ‘not due until the assets under advice is agreed’

Union Bancaire Privée holds first close of UBP Private Debt Fund III

The target size is up to EUR 300 million, typically invested in debt transactions of EUR5–30 million with one- to three-year maturities.

Arete launches Northern multi-family investment office

A new multi-family investment office, Arete, has launched in the North West of England.

Raymond James opens East London branch for Killik director

Simon Howland, who will lead the business, said that the current market environment can deliver ‘outsized returns’.

Italian billionaire Del Vecchio further increases stake in Mediobanca to 11%

Del Vecchio has bought a total of 7.4 million Mediobanca shares

The fox and the hedgehog: preparing in a world of high risk and high uncertainty Speech given by Charlotte Gerken

These and other responses serve to address one of more fronts of risk and uncertainty – whether from regulatory, legal or operational sources.

UBP raises CHF 120m for private debt fund

The fund will have further closures in 2021, targeted at institutional investors.

HNW individuals and families look to support the economy through their business interests

The collection of individuals who were publicly open to higher wealth taxes explained that by taxing their wealth, the government could inject the funds into the economy in ways that benefit more of the population.

FCA review of advice market highlights need for sector's evolution

“It has been sometime since the regulator’s interventions through Retail Distribution Review and Financial Advice Market Review and there is palpable frustration from both the sector and the regulator that more improvements haven’t been

HSBC reaps environmental benefits of pandemic switch to remote advice

Since then, it has trained 640 advisors and relationship managers on remote interviews, carried out almost 11,000 Zoom appointments, and saved almost 900,000 sheets of paper.

Wealth and Asset Management