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

UBS announces philantropy partnership with the royal welsh college of music and drama

But also to audiences, the local community and to the Welsh creative and cultural industries.

Old Mutual may have to touch UK cash reserve

The company was updating the markets ahead of its annual general meeting held yesterday in the UK.

Old Mutual shareholders rebel against executive pay

Following public discussions about a possible vote against the plans Old Mutual presented a revised plan which was passed with 93% of votes at last year's AGM.

Couple reject Coutts redress after suitability review

Wealth Manager understands that this is an isolated case and should not have wider implications for the bank.

Old Mutual says may launch small IPO for Old Mutual Wealth

The listings are likely to take the form of a demerger, benefiting existing shareholders, but "with the possibility of a small initial public offering" for the wealth management division, the company said.

deVere to “extensively develop” in Europe; James Green, new Head of the region

The move is part of the conclusions reached by the company-wide Strategic Review of its global business operation that began in March.

RBC Wealth Management net income up 12%

Wealth Management net income of $431 million was up $45 million or 12% from a year ago, mainly due to increased earnings resulting from growth in average fee-based client assets which benefited from favourable equity markets, and higher net interest incom

Daniel Godfrey banks on green tech in trust launch

Former IA chief aims to return 7 per cent with clean energy strategy

Old Mutual making progress with 'managed separation'

On 27 April, it also announced that it had agreed to sell its 26% stake in Kotak Mahindra Old Mutual Life Insurance to the joint venture partner, Kotak Mahindra Bank.

Quilter Cheviot signs up to a ‘Bronze’ partnership with FEIFA

Quilter Cheviot’s relationship with FEIFA members will be headed up by Allie McMahon, business development manager

KBI Global Investors looks to future as range of backers buy into green strategy

After surviving five changes of ownership, along with a drastic switch in its client base, KBIGI has hit a sweet spot in the specialist space and aims to double assets under management to €20bn within the next four years, writes Gretchen Friemann

Standard Life and Old Mutual reveal how they acquire advice firms

In the wake of our cover story on acquisitions this week, the bosses of two major brands reveal how they pick and value their adviser targets

Funds industry warned over BEPS ‘collateral damage’ risk

Mr Mancini said industry bodies such as the BVCA and AIMA were providing a degree of pushback to ensure that exemptions for the funds industry were guaranteed, but BEPS still had a long way to evolve.

BNP Paribas rebrands asset management

It will rebrand BNP Paribas Investment Partners to BNP Paribas Asset Management as of June 1.

Think Basic Asset As Backlash Blows Over, Says Rothschild

Events including the Brexit referendum and Trump’s election had led some commentators to predict a generalised global “backlash” against free markets.

UBS: Cultivating a New Breed of Private Bankers

Digital attackers are cheaper, faster and less emotional at filling portfolios with the right stocks and bonds.

Fund Administration changes hands

It provides services and administration to around $7 billion in assets.

Unigestion CEO Joins the Board of Sustainable Finance Geneva

Fiona is an advocate for Responsible Investment and has been an active member of Unigestion’s Responsible Investment Committee since its inception five years ago.

Apfa members vote in favour of WMA merger

Apfa director general Chris Hannant said the merger could not be confirmed until this vote takes place.

Voting opens for Schroders UK Platform Awards 2017

The firm may use a single platform strategy while always being aware of suitability factors.

Wealth and Asset Management