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

Wealth managers end 2020 rollercoaster in the black

After one of the biggest drawdowns in history, wealth portfolios ended the year in positive territory as markets surged back, according to Asset Risk Consultants.

Credit Suisse to add $850m to US provisions

Swiss bank to post a fourth-quarter loss after extra charge for US litigation

‘Significant number’ of firms could fail this year

It says it has been “rapidly increasing” the data it collects on regulated firms and last year sent a survey to 23,000 firms to get a picture of their financial resilience during the pandemic.

Odey Asset Management performance fee revenue shrinks to just £900k

Results do not cover the period during which Crispin Odey was charged with alleged sexual assault

The inheritance challenge facing women in the sandwich generation

How to make sure that all the family get the best out of inheritance planning

VP Bank (Luxembourg) SA completes acquisition of Private Banking of Öhman Bank S.A. in Luxembourg

This transaction in the form of an asset deal was successfully completed as planned on 1 January 2021.

2021 UK and Global economic outlook

The report finds that the unprecedented nature and size of the economic shock could negatively impact family planning.

Quilter offers bonus for moving assets onto ‘matrix’

This was cross-examined by a High Court judge, and Quilter did not dispute the finding that it offered a “matrix bonus” of 0.065 per cent of moved clients’ assets into its Core Investment Proposition.

Quilter readies for final platform migration in February

Last year the company moved to split the second part of its migration into two phases in a bid to manage logistical constraints presented by the coronavirus crisis, with the final of these stages scheduled for next month.

Financial Planner receives MBE

John’s fundraising efforts have helped raise more than £1 million, and he said he was stunned when he received an email about the New Year honour.

Global network enters UK market with IFA acquisition

It has wasted no time in getting a foothold in the UK after announcing in December 2020 that it had purchased three Australian advice firms.

Wealth manager secures millions in PE backing to pursue deals

Advanta Solutions employs around 60 staff and manages almost £500m in assets, a figure which has grown from £200m three years ago.

RPA Extend Exclusive Wealth Management Partnership with Sanlam UK

During the last three years Sanlam UK have played an invaluable part in the support we offer our membership

Sanlam Investments to take on eight Smith & Williamson-managed funds

As part of the arrangement, later in Q1 2021 Sanlam will also take on the investment management responsibilities of the Smith & Williamson Global Gold and Resources Fund which will continue to be managed in Toronto by AGF as sub delegate investment ma

Wealth and Asset Management