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

Slippage in September By Gary Dugan

The global economy and markets continue their correction from the strength seen earlier in the summer.

Ocorian acquires Newgate Compliance

The deal, which was agreed on 22 September, is subject to regulatory approval.

Whisky investment fund manager partners with InvestaX

Gaining exposure to such a regulated real asset investment is exceptionally rare, but InvestaX will work with Wave to make more accredited investors aware of the opportunity and risks.

RBC takes £9m stake in Brooks Macdonald

According to stock market filings, RBC bought a 3.1% stake on 23 September when the stock was trading at an average price of £18.10.

Investec expands MPS offering for advisers

Firm hopes it will be ‘attractive’ to existing IFA partners and intermediary companies

Chancellor’s Winter Economy Plan

A raft of new measures aims to prevent huge job losses after the withdrawal of the furlough scheme

Schroders plans £250m UK public/private trust less than a year after landing Woodford mandate

Schroder UK Public Private co-manager Tim Creed jumps on board for trust with similar investment universe

Zurich digital WM CEO: ‘We want to be the main provider for retail investors’

‘Roughly two thirds of customers invest for the first time. They often will not invest all of their money in us,’ he said.

SFAMA and AMP Switzerland to merge

The former chairman of the AMP and president of SFAMA is president of the new association.

Jersey wealth managers merge

As UK financial planning firm agrees eighth M&A deal of 2020

Schroders Global Investor Study 2020: Millennials are more likely to compromise their personal beliefs if the return is high enough

Millennials[1] are more likely to compromise their personal beliefs in order to benefit from potentially higher returns, Schroders Global Investor Study 2020* has found.

One third of clients considering switching wealth managers

One in three wealth clients are considering switching, with the richest investors the most fickle.

Asset manager signs deal with wealth firm to bolster LatAm arm

As it targets offshore investors from Argentina, Panama and Uruguay

Investment Performance Awards 2020: Shortlists revealed

This year’s awards will credit those wealth firms that have delivered strong returns for clients in these tough market conditions.

Klaus Wellershoff says WMs treat clients ‘miserably’ and must improve

If clients really understood how miserably they were treated, there would be a huge pressure for those who do not do well to level up their business,’ he said.

Investec Wealth & Investment throws hat into ring in MPS price fight

AMC of 0.2% makes model portfolio range one of the most competitive on the market

Deutsche Bank wins dismissal of Warburg’s cum-ex suit

Warburg did not pay any capital gains tax for these trades but had it offset against its corporate income tax.

In conversation with Farah Ballands, CEO

In 2015, we decided to sell the trust company – so I led the management buy-out of that part of the business, which was backed by Bridgepoint and became Estera.

UBS calls in McKinsey to explore merger with Credit Suisse

A merger between the two heavyweights has reportedly been considered by executives at both banks over the years, especially as their goals and methods have become ever more synchronised.

Utmost Wealth Solutions announces launch of new Apex (Portugal) product

The product launch is an exciting development for our Group, key advisers and clients.

Wealth and Asset Management