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

Demand for income security sees MetLife’s AUM hit £5bn

Growth has been accelerated by MetLife’s expansion into Isas

Beagles doubles Brewin Dolphin stake on bid belief

Clive Beagles and James Lowen believe wealth manager could be a bid target after 'Brexit' vote

WM Profile: SJP’s Ralph on acquisitions, opportunities and vertical challenges

We are vertically integrated in that we manufacture and distribute.

Old Mutual profit up on lower tax expenses

As part of its separation, the investment firm on Tuesday announced the sale of its Italian wealth arm to private equity-backed Ergo Italia for €278m.

Lloyds boss Antonio Horta-Osorio probed by his own bank

He visited the city for a banking conference, but pictures published in the Sun yesterday showed the married father-of-three also taking a boat trip with Dr Piatt, 45.

Brexit Uncertainty Has Wealthy Asians Looking West

Increased uncertainty and volatility has accelerated the trend

Old Mutual to cut jobs in London as part of restructure

The head office in London is being restructured to support a holding company focusing mainly on two functions.

Record breakers - St. James's Place

Governor Mark Carney indicated that the BoE had chosen to prioritise supporting growth over taming inflation.

Deutsche Asset Management invests €490m in Spanish retail property

The company said, that since opening in 2001, the asset had maintained a solid performance and continuously increased sales and visitor figures.

Chester Financial Planner Acquires Yorkshire Counterpart

Beaumont Robinson managing director Michael Wall will take on the role of regional director for OMWPCA.

Rothschild & Co's revenue rises on increase in M&A business

The company said market volatility had adversely affected client activity in its private wealth and asset management business, resulting in a 5 percent drop in revenue to 89.4 million euros.

Son to inherit £8.3bn family fortune after death of Duke of Westminster

The 64-year-old father of four was said to be worth around 10.8 billion dollars (£8.3 billion), according to Forbes, making him the 68th richest person in the world, and third in the UK.

The surge in wealth mergers

This analysis looking at the increasing trend towards M&A activity should also be balanced by a consideration of the other issues that are driving wealth management firms towards growth and consolidation.

City Chief Is Mystery Heathrow Hub Backer

A Marshall Wace hedge fund manager is the biggest investor in a scheme to extend one of Heathrow's runways, Sky News can reveal.

Old Mutual sells Italian business for €278m

“I am extremely proud of the Italian team and what they have achieved. I believe that the growth prospects of Old Mutual Wealth Italy will be enhanced under Cinven and ERGO Italia’s ownership.”

Old Mutual sells Old Mutual Wealth Italy for €278m

The sale is subject to regulatory approvals and is expected to complete within six months.

Standard Life's platform pushes profits to £341m

Standard Life said this drop was due to the impact of market volatility on investor confidence.

Van Lanschot and Achmea agree sale of Staalbankiers’ private banking activities

Staalbankiers clients and employees will be advised of the takeover today.

Welcome to Google Wealth! by Annie Catchpole, Scorpio Partnership

Ask any wealth manager who their future competitors will be and they’ll probably say one of the big-name private banking brands or a local boutique offering similar products and services to their own.

Canaccord Genuity’s UK wealth business reports 11% AUM rise

Canaccord Genuity Wealth Management UK has reported an 11% year-on-year rise in assets under management at the end of its first fiscal quarter. - See more at: http://www.portfolio-adviser.com/news/1030815/canaccord-genuity-uk-wealth-business-reports-aum-r

Wealth and Asset Management