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

Family Offices Back Away From Hedge Funds After Returns Decline

They are trimming stakes in hedge funds, bonds and other similar asset classes in favor of illiquid investments like real estate and private equity.

Growth up a quarter at wealth management business Mattioli Woods

Mattioli Woods grew 25 per cent in the year to May 31, 2016

Charles Stanley sells Luke Street lease for £5.6m

“The move to our new offices in Bishopsgate will commence ahead of schedule next month"

Sergio Ermotti: UBS to Cut Jobs in London

UBS may shift as many as 1,500 jobs from London to other regions of Europe following the decision by voters in the U.K. to leave the European Union.

Schroders joins European financial adviser association Fecif

Our members understand and significantly appreciate the true value of this.

Liontrust expands European distribution via Allfunds Bank

Adding the funds to Allfunds Bank is intended to boost Liontrust’s international distribution.

Rowan Dartington to offer DFM services to int’l advisers

To head up the new operation, Rowan Dartington has hired Stephen Kevan from ABC Capital Markets in Mauritius

Investec expands HNW buy-to-let product range

Investec Private Banking has broadened its high net worth buy-to-let range with low loan-to-value rates

Questions raised over the value of fund performance fees

The fees are usually in the high double digits and are added to fixed management charges as a percentage of total assets.

St. James’s Place – “Brexit’s impact on finance felt from the capital to Cash ISAs”

Paul Boyne of Manulife Asset Management and fund manager of the St. James’s Place Global Equity Income fund said of Apple’s unpaid tax bill: “while this is a significant number, when put into perspective relative to Apple’s net cas

AP Group Ltd wins Corporate Vision’s 2016 Recruitment Award

The award held by Corporate Vision, a monthly magazine focussing on the corporate landscape, recognises the outstanding recruitment firms, and the people behind them, who have showcased exceptional commitment to client service and innovation over the past

"Life’s most persistent and urgent question is 'What are you doing for others?'" Martin Luther King

As preparations get underway for the 10th annual carol concert for Children & the Arts, it made me realise what an enormous privilege it has been to act as one of their Trustees over the years.

It's not about the old school tie: banks deny hiring from wealthy elite

A UK report suggesting people from less privileged backgrounds are hindered when trying to enter or work their way up the investment banking industry has been rubbished by the vast majority of those working in it.

Chubb’s high net worth product in UK hits milestone

The insurer celebrated the milestone last week during the Salon Privé at Blenheim Palace, the UK’s most prestigious luxury supercar and motorbike show.

Financial wellbeing moving up employers’ priority lists - Close Brothers

UK employers are starting to prioritise financial wellbeing for their staff, according to the latest Close Brothers Asset Management (CBAM) Business Barometer.

Asset management chiefs receive bonuses 15 times salary

Fink’s variable pay was 2766% of fixed pay, (almost 30 times his salary) with a total package worth $26 million (£20 million).

Switzerland Pushes for Coalition of London, HK and Singapore

He has also said that he will stay committed to and support this plan after he has given up his presidency of the SBA.

Weekly Investment Update - Coutts

In this week's film John Shepherd, Portfolio Manager, discusses Central Bank policy and looks at how Coutts are utilising alternative investments to diversify client portfolios.

Intesa Sanpaolo, UniCredit asset manager merger not on table - Intesa SanPaolo CEO

Italian media has said a merger of the two asset managers could be an option UniCredit might consider to help beef up its capital base.

Amundi completes deal to acquire equity fund house

KBI Global Investors will also significantly strengthen our offering in the equity asset class.

Wealth and Asset Management