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

Astorg-backed group, SGG’s acquisition of First Names Group

Jersey-based First Names Group provides private client, corporate, and fund services.

Can UK agencies deal with unexplained wealth orders?

‘What’s a trust?’ asks one investigator

Hargreaves duo share bumper £81m payout

Hargreaves banked £61m, while Lansdown, 65, who has 51.6m shares, received £20m.

Was GAM right to block investors taking money out of its funds?

So-called ‘redemption gates’ act as a safety measure, but they can they damage relationships with clients

Mixed-sex teams show best return as asset managers

The mixed teams also produced 4.3 per cent bigger gains for clients over three years than teams made up of just women, the study showed.

Big UK banks wade back into wealth management

Sector hunts for areas of growth after years of restructuring and regulatory issues

JTC A Finalist Again at Industry-Leading STEP Awards

JTC’s commitment to the development and education of its employees was also exemplified in May when we were accredited by STEP as a Gold Employer Partner in ten jurisdictions.

Trust firm shortlisted for Citywealth awards

The winners will be announced at a ceremony in London on the 23rd January 2019.

Wealth manager to add £350m after founding CEO’s exit

Factors behind UK advice firm chief’s departure, his legacy and the company’s plans without him

Mattioli Woods forks out £4m for Midlands advice firm

Broughtons’ management team will be retained by Mattioli Woods following the acquisition.

Guernsey launches Private Wealth Forum

STEP Guernsey Chair Adele Perrot, of Butterfield Group’s wealth structuring team, said the event would showcase Guernsey’s strengths, build stronger awareness of the island, and engage directly with valued contacts in London.

Barclays Wealth Asset Management decided to change its name

“Barclays is committed to meeting the needs of wealthy clients and those aspiring to become wealthier."

Quilter reports 16% profit jump in first results since listing

Today’s results show a 2 per cent increase in assets under management and administration from 31 December 2017 to £116.5bn, which the company attributes to net flows of £2.2bn.

Charles Stanley makes its range of managed portfolios available to advisers

The addition of the managed portfolios to the 7IM platform marks the tenth platform through which advisers can access Charles Stanley managed portfolios and was predominantly in response to demand from advisers.

Hargreaves Lansdown annual profits rise as inflows hit record

Assets under administration rose 16% to £91.6bn

Youth focus for Beacon Wealth Management

Rebecca Tearle is one of a batch of new, younger recruits the firm is taking on, as it hopes to expand.

Standard Life Aberdeen profits fall

The group also recorded a 2.6 per cent drop in assets under management and administration to £610bn over the six months to end-June.

Private wealth investors slowly gain interest of more managers

A number of money managers running alternatives strategies said they are picking up interest from, and consequently working hard to adapt, to new interest from high-net-worth individuals.

SJP reveals how it will invest to expand business

The Rowan Dartington discretionary fund management business had client assets of £2.1bn at the end of 2017, and to £2.3bn at the end of June 2018.

Duet Group snaps up wealth manager

The decision to acquire Merit Capital followed the reorganization of Duet Group in to 3 business units.

Wealth and Asset Management