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

VP Bank: Hiring Push Drives New Money Inflows

VP Bank Group reported group net income of CHF 65.8 million for the 2017 financial year. Striking progress was made in terms of market development.

Fairstone fully-acquires Zimb Johnson following successful integration

The deal brings total fee income of c. £850,000 to Fairstone and funds under management of almost £200m. Four staff will also join the group.

Wealth management company moves into former brewery

The 25-strong company will move into the site after the 4,359 sq ft building is fitted out.

Private Jet Base Opened by Rigby Group Firm

Chris Beer, XLR director, said: "Liverpool represents a key location in our strategy to provide top rank executive aviation centres across the UK."

OM Asset Management to rebrand

“Working together with our high quality Affiliates as BrightSphere Investment Group, we will continue to evolve and enhance the ways we support Affiliate growth initiatives."

Wealth management firm seeks new talent

The company, currently manages around £200 million in client assets and offers excellent opportunities for progression.

Asset managers pay £34m compensation for overcharging investors

The fund houses, which have not been named, have made the move to reimburse investors in the wake of a landmark investigation by the FCA

AFH has £24m to spend on acquisitions

"As at 1 March the company had cash balances of £24m. The directors remain confident that the group is well positioned to take advantage of market opportunities as they arise."

How Swiss Banking Turned on Pierin Vincenz

He Took on Industry Titans

Credit Suisse Private Bank Bonuses Said to Outpace Rest of Firm

The lender, which in 2016 awarded 3.09 billion Swiss francs ($3.26 billion) in incentive pay, is in the final stretch of a restructuring plan to focus on managing money for ultra-high net worth individuals.

Nikko Asset Management debuts first global corporate brand campaign

Before stepping onto a global stage, one of Asia’s largest asset managers had to distill a list of brand attributes—and find an agency willing to create the work in Japan.

Schroders defies gloom for active managers with £9.6bn net inflows

Schroders defies gloom for active managers with £9.6bn net inflowsFocusing on the longer term, we have continued to see good progress in a number of key strategic areas, with the expansion of our investment capabilities in private assets, an improve

Schroders reveals what it paid for C Hoare's wealth arm

The board is recommending a final dividend of 79p bringing the full year dividend to 113p per share, up 22% from 2016.

GAM posts pre-tax earnings beat

Net fee and commission income increased 16% to CHF 547.7 million due to higher management and performance fees.

Jupiter Fund Management FY17 Pre-tax Profit Rises - Quick Facts

Net revenue for the year increased 17 percent to 409.5 million pounds from 351.4 million pounds last year.

Cashiered? - St. James’s Place

The Bank of England, which has been issuing notes since the late 17th century, has sought to keep them modern, introducing plastic versions and slowly offering a greater diversity of notables on their surface, most recently Jane Austen.

Valartis Group expects a significantly lower annual loss

The course of business in fiscal year 2017 was generally pleasing, and the restructuring measures in the Group had a positive effect.

Personal touch helps St James Place to beat forecasts

We are now represented by 3,661 qualified advisers across our Partnership businesses

Jardine Lloyd Thompson revenues, profit grow

Underlying profit before tax rose 11% to £191.5m, thanks in part to favourable foreign exchange movements.

J. Safra Sarasin annual net profit jumps 25%

Group net profit jumped by 25.1% to CHF 315.3 million for 2017 from CHF 252.1 million in 2016.

Wealth and Asset Management