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

UK asset manager opens Mallorca office

Key drivers were ‘thorny issue of passporting’ and long-standing relationships with IFAs

The Edmond de Rothschild Foundations, Faire, and Singa Announce the Creation of an Emergency Fund

FAIRE, SINGA France and the Edmond de Rothschild Foundations decided to join forces to create an emergency fund in response to COVID-19 for migrant and refugee entrepreneurs.

Fix Your Finances Before Lockdown Ends

The coronavirus lockdown provides a good opportunity to sort out your financial planning. Here are three key questions we think you should ask yourself to get started.

Tilney joins private client majors at WealthiHer network

A University of Oxford study found that women were much more likely to be furloughed or made redundant than men.

UBS 2Q20 net profit

The strength, resilience, and diversification of our integrated business model have once again been confirmed by the strong second quarter results and the excellent first half.

UBS Signals Potential Return to Share Buybacks

UBS, which serves mostly wealthy clients and doesn’t do a lot of corporate lending, has been relatively shielded from the defaults and other losses which prompted Wall Street firms to set aside tens of billions of dollars to cover an expected wave o

Vontobel brings multi-asset fund to UK investors

Vescore Active Beta Opportunities

Harder than you think

For months, the American economy has shrugged off a muddled response to the pandemic, posting better-than-expected numbers.

Julius Baer Profits Surge

Record-high net profit in challenging market and operating environment underlines resilience of business model

Europe’s private banks hit by second year of lower profits

Earnings fell to €13.3bn last year, down a tenth from their 2017 peak

CIBC opens continental Europe office in Luxembourg

CIBC Capital Markets (Europe) S.A. to expand bank's operations in Europe

Kaiser Partner Wins Two Awards

The awards recognise Kaiser Partner's long-standing commitment to its clients' personal values.

Union Bancaire Privee announces a net profit of CHF 107.6 million for the first half of 2020

Revenues rose 4.5% to CHF 557.0 million in the first half of 2020

AXG Group and AHR Private Wealth announce merger

The combined AuM of the new company will be $1.1bn.

World’s Wealthiest Lower Their Private Equity Expectations

“After economies locked down, family offices’ expectations for returns declined,” UBS said.

Investors pull £800m from Brooks Macdonald

Brooks saw positive flows of £1m into its discretionary arm in Q2, while investors pulled cash from its funds.

UBP launches a new corporate governance-focused strategy

The new strategy will therefore focus on Japan’s 500 largest stocks, taking long positions on 25-35 well governed companies and short positions on 50-70 poorly governed companies.

Fitch Rates St. James's Place IFS 'A+'; Outlook Stable

This is somewhat offset by Fitch's assessment of the group's diversification as 'Less Favourable' due to a focus on the UK retail savings market.

Horizon 2020: long-term investing in a world marked by pandemic

The 2020 edition of Horizon assesses the pandemic’s impact on Pictet Wealth Management’s 10-year economic forecasts and return expectations across asset classes.

Handelsbanken’s Interim Report January – June 2020

In Q2 2019, a restructuring reserve of SEK 30m was recognised. In Q2 2019, the Bank received a dividend of SEK 55m from VISA Sweden.

Wealth and Asset Management