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

London tops list for quality of life, sorry Paris and New York

Thirty cities were rated on their culture, entertainment, infrastructure, health and general happiness.

Do you have that NPS fever? OSAT got you down? Fear not!

This week we’re giving you a crash course in becoming satisfaction savant. Turning sentiment into strategy can be a tricky task but here are a few #satisFACTS to guide you:

Lady Shifty takes a 13-mile helicopter trip to go shopping: Armed with a £27,000 handbag, shameless Tina Green hops to Nice from the Monaco tax-haven where she shovelled millions from BHS

She opted for a casual look for the journey, pairing black trousers with a dark green animal print jumper and black embellished boots.

Harrods Bank begins international money transfers

Harrods Bank customers can take advantage of World First’s competitive rates with the same level of personal service and excellence

Lombard Odier opens private bank office in Milan

The Swiss-based Lombard Odier Group announces today that it is opening an office in Milan for private clients. It will provide the opportunity to be closer to clients in Italy and to drive future growth in this important market.

Management buyout announced at Coutts & Co Trustees (Jersey)

The current senior management team of Coutts & Co Trustees has entered into a binding sale and purchase agreement to complete a management buyout of the company

Wealth managers ask if women need to change the way they manage their money

Gender pay gap widens significantly after women have their first child

Close Tactical Select Passive fund range celebrates fifth anniversary

The five year cumulative return for the TSP Conservative fund has been 44.0%, the TSP Balanced 55.8%, and the TSP Growth 58.0%.

Rathbones plans to raise £38m as bond yields impact DB schemes

Looking to raise £38m

GAM Sees Significant Profitability Drop This Year on Volatility

Frequent bouts of volatility amid sideways markets have led to risk aversion among clients.

Small is still key for City Asset Management

Four years on from being Wealth Manager cover star, Coghill also discusses the impact of increasing regulation on her family-run business.

New world order: Have Hargreaves and SJP had their day in the sun?

Perhaps controversially, analysts also point to advice-led models being better positioned for the financial services market of the future.

Progeny Launches New Venture

Progeny Asset Management’s launch is a crucial milestone for Progeny

Handelsbanken remains optimistic about UK operations

Netherlands and Britain as areas with growth potential, despite Britain's Brexit vote

HSBC PB signs client referral deal with Indosuez WM

The referral process will begin immediately.

Standard Bank claims industry award

It's the 17th time the awards ceremony has taken place.

UBS spending $1 billion on IT overhaul

UBS did not give an estimate for the savings envisaged.

Rathbones Strengthens Charity Offer with New Fund Launch

The fund has been specifically structured for charities with the aim to deliver long-term capital growth and a level of income while employing a total return approach.

Becoming a Yoda of wealth requires a deeper voyage into the galaxy of customer insight

Imagine if wealth managers could also master the techniques employed by companies like Netflix; leveraging detailed, real time client insight to anticipate their future product or service requirements.

Stenham and Credit Suisse form CI wealth management arm

Stenham WM will also offer global custody and transaction services as part of a multi-asset class approach to private client investment management.

Wealth and Asset Management