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

7IM snaps up London wealth firm in £2bn AUM boost

The deal, which sees PWM retain its independence, was shelved in March following the impact of the Coronavirus.

LGT completes LGT Vestra acquisition

The firm has 362 staff (March 2016: 234) and offices in London, Bristol and Jersey.

Mirabaud Asset Management’s private equity vehicle acquires stake in Alain Ducasse Group

Alain Ducasse and Mirabaud Asset Management have signed a strategic agreement, making Mirabaud Patrimoine Vivant a reference shareholder of the Ducasse Group alongside Alain Ducasse, who remains the company’s controlling shareholder.

Swiss Private Banking's Dead Calm

The costs at the front are a significant issue, having increased the most over the past three to four years with almost 3 percent.

Avaloq connects with Enterprise Bot

Enterprise Bot uses a pre-integrated system to establish an AI customer service agent for Avaloq’s banking and wealth management clients.

IQ-EQ awarded Bronze Diversity Mark

This accreditation looks to award organisations who demonstrate and highlight their commitment to advancing diversity within their workplace.

Newcastle IFA launches adviser academy

Lowes Financial Academy will offer CII Level 3 and 4 qualifications

M&G creates £28bn wealth management arm

Launch comes off the back of its acquisition of Ascentric

Coutts launches new podcast series to shed light on the meaning and purpose of wealth

The six-part series opens with a conversation with Sir Richard Stilgoe – the legendary songwriter, musician, and philanthropist.

AFH Financial warns on performance amid slow recovery in wealth management business

The company said it expects full-year earnings before interest, taxes, depreciation, and amortization (EBITDA) to be 'slightly below its previous expectations.'

Mirabaud Invests in French Gourmet Empire

Mirabaud is investing in the Monégasque chef's firm through its private equity vehicle, the wealth manager said in a statement on Wednesday.

Schroders trust nears end of Woodford hangover

While some investments under performed, other bets paid off.

EFG International Sells Swiss Retail Arm

The transaction will allow our retail clients to benefit from the dedicated services of BancaStato.

Annual Financial Report - Close Brothers Group

The Annual Report will be sent to shareholders on or around 15 October 2020, together with the Notice of Annual General Meeting.

Tiny Jupiter UK Growth to wind up after admitting it’s too big a challenge for Buxton

Today they jumped 3.6%, or 6.25p, to 180.8p - narrowing their 12% discount to net asset value - after the board stated it was minded to liquidate what was left of the company and return shareholders their cash.

Family Office Sector Consolidates as Schroders Acquires Sandaire

Schroders obtained Sandaire, for an undisclosed sum, as part of the group’s efforts to grow its stake in the UK’s ultra-high net worth community.

Ogier advises on acquisition of stake in Advisa Group

Ogier provided initial structuring advice and assisted with the implementation of the transaction, including the drafting and review of the principal transaction agreements.

Time flies by Rathbones

There’s so much going on that it can seem like nothing in isolation makes any difference.

A feeling in my bones, move like a rolling stone

Investors can write some insurance instead, since insuring the downside in stock markets is still invitingly priced by options markets.

WeekWatch by St. James’s Place

The government’s goal is to reduce its spending on job support schemes while also limiting damage to jobs and the economy.

Wealth and Asset Management