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

“We’re moving back into an environment that’s more conducive to hedge funds”

The term means that most private-client wealth is held by clients who need income more than capital gains.

Diversity Project Europe: Just 20% of asset managers track social mobility

Ratio of women in asset management declines with seniority

Business Awards UK 2024 Wealth Management Awards Winners and Finalists Announced

Revealing the winners and finalists of the 2024 Wealth Management Awards at Business Awards UK.

UBP expands its asset management business with new staff

His appointment aims to implement a consistent strategy across all markets

Brooks Macdonald to acquire Lucas Fettes Financial Planning

Long-standing relationship culminating in acquisition

Wealth management sector on the rise, but challenges are piling on

One of the most pressing challenges that the wealth management sector is facing is the shortage of skilled talent.

Corum acquires Aargau asset manager

Independent asset manager Corum has acquired Menziken-based Sensusplus.

Succession planning delays leading to transition hiccups

Even among those who do, a notable 24 per cent acknowledge difficulties in integrating the next generation into business life.

Farrer & Co advises Canaccord Genuity Wealth Management on the acquisition of Brooks Macdonald Asset Management (International) Limited

Farrer & Co acted as legal advisor to CGWM UK in connection with the transaction, which represents a significant addition to CGWM UK’s international operations.

Family offices expected to ramp up real estate dealmaking as rate cuts begin

The impacts were felt across private market strategies with closed-end real estate funds posting an average negative return in 2023

Will the Fed cut interest rates by 0.5% right away? More from our Global CIO Private Bank, Michael Strobaek

Many experts were sure at the time that this massive increase in the cost of credit would completely stifle economic growth in the USA – and this fear still exists.

Deutsche's Rocchi 'not into loss leaders' on family office business

Private banks need to ensure family offices clients are profitable and not just sat in cash, says Deutsche's head of ultra-high-net-worth individuals and family office investment advisory, emerging markets.

EFG private banker relocates from Switzerland to Dubai

A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai.

Italian private bank Banca Generali bids for broker Intermonte

Wealth managers such as Banca Generali are increasingly focused on the succession issues faced by the myriad Italian businesses that sprang up during the post-war boom.

JTC To Acquire Citi Trust

The acquisition brings with it an experienced senior management team with over 150 years of collective trust experience, supported by a skilled global employee base.

Wealth manager City & Merchant goes into liquidation

The FCA said it imposed restrictions because it had “serious concerns” the firm was not capable of being “effectively supervised” by the authority.

Schroders appointed by Metfriendly to run £270 million investment portfolio

The mandate, which emphasises the strategic importance Schroders places on working with the UK’s mutual sector, will encompass both multi-asset and short-dated credit assets.

Family offices confident recent growth in wealth will continue

More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.

Schroder Asian Total Return Investment Company plc - Half-Year Results

Technology holdings, especially those linked to artificial intelligence, were the largest contributors to performance and benefitted the technology heavy Taiwan market, where stocks rose strongly.

Raiffeisen relies on internal expertise in the asset management of its Futura funds

The change in the management of the active Futura funds from Vontobel to Raiffeisen enables holistic, internal management of Raiffeisen investment solutions and products.

Wealth and Asset Management