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

Deutsche Bank wins Best Structured Trade Finance, Best New Economy and Best NBFI Bank in APAC

The bank’s ability to bring its Global Hausbank offering to clients won out at this year’s The Asset awards

Vontobel 3-month 2024 trading update

In the first quarter of 2024, assets under management increased by CHF 16.9 billion to a total of CHF 223.7 billion compared to year end 2023. T

Results of the 2024 Annual General Meeting of UBS Group AG

Shareholders approved all proposals at the Annual General Meeting of UBS Group AG.

Baillie Gifford Sustainable Income fund added to the Wealth Shortlist

The fund focuses on providing a resilient income over time, meaning that while the income provided by this fund may not be the highest available, it can be expected to be more consistent.

Deutsche Bank reports 10% year-on-year growth in profit before tax to € 2.0 billion in the first quarter of 2024

Deutsche Bank’s target ratios improved compared to the first quarter of 2023.

Andrew Chatterton: Exemplifying Excellence as a Spears “Top Recommended” HNW Wealth Manager

This recognition not only highlights Andrew’s outstanding professional capabilities but also underscores his unwavering commitment to his clients’ financial well-being.

Redmayne Bentley acquiring Blankstone Sington client assets

Leonard Curtis have deemed the most favourable solution for Blankstone Sington clients is for a transfer of their money and assets to a single broker which is also regulated by the FCA.

Quilter first quarter flows demonstrate continued strong business momentum

This reflected improved net inflows and higher equity markets, partially offset by rising bond yields in the quarter which reduced the market value of bond portfolios.

Abrdn gets much-needed £800m boost

The first-quarter net inflow for the asset manager is a significant shift from the £6.2bn outflow it suffered in the corresponding period of 2023.

Swiss fund awards group nominees for 2024

The winners of 12 categories will be announced on 21 May in Zurich.

The six unknowns at the UBS general meeting

Above all, today's Wednesday marks the first regular shareholder meeting since the official takeover of Credit Suisse (CS) last June.

Mirabaud launches five-year fixed-maturity bond fund for rated managers

Designed to be held to maturity in December 2029, the strategy is designed for European investors to get ahead of anticipated rate cuts by locking in higher yields now.

Syz Group with significant increase in profits in a difficult environment

The result represents an increase of 16% compared to 2022 and shows the resilience and robustness of the group.

Abrupt CEO departure at Banque Havilland

The private bank Havilland did not actively communicate its 2023 results.

GAM Holding AG publishes AGM agenda

To support the implementation of GAM’s strategy, the Board of Directors proposes to shareholders to approve an ordinary capital increase by way of a rights issue.

Helvetica slashes management fees on all its funds

Company says revamp reflects its confidence in funds’ long-term future.

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis.

Pictet targets $400m with new environment tech Eltif

The Article 8 strategy co-invests with ‘all the big names of the private equity world’.

Five waves of UBS layoffs to start in June, SonntagsZeitung says

Most of the cost savings are set to come from cutting staff and analysts have estimated between 30,000 and 35,000 jobs could go globally.

Local success & global expertise: how a focus on entrepreneurs boosts Julius Baer in the UK

The UK wealth market is a competitive industry, but thanks to Julius Baer’s focus on pure wealth management and highly personalised service, the firm is poised to grow its regional footprint further.

Wealth and Asset Management