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

SJP’s Polaris funds hit £46bn and overtake Vanguard LifeStrategy

St James’s Place’s multi-asset range continues its rapid ascent since launch in 2022, growing by £9bn in just two months.

All in the game: wealth firms target sports stars

Economic benefits for host countries are always debated before and after tournaments, while many sports stars improve their branding and sponsorship prospects during the events.

LGT Crestone carves out increasing role in HNW wealth management sector

The largest companies benefiting from AI were listed offshore.

Wealth management M&A: strategies for retention of talent

The age profile of the financial advisory profession is heavily weighted towards those in the latter stages of their career.

Quilter plc interim results for the period ended 30 June 2024

We delivered a strong performance in the first half of 2024

Private banking is not for dabblers, warns HSBC

“The flip side of our plan is that I am going to Hong Kong and back, followed by India, Singapore, Saudi, Kuwait and then the UAE.”

L&G Asset Management profits drop 14% following strategy shakeup

The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results

H2O Asset Management to pay investors €250mn after FCA finds ‘serious breaches’

Regulator says asset manager provided it with ‘false and misleading statements

Meet the Mayor of Bellevue, the city that will host our new headquarters

Two key features distinguish life in Bellevue, namely its village spirit and its privileged access points to the lake: Port-Gitana, Port Saladin and le Vengeron.

Jersey Finance Director Explores Family Offices Strategies

These strategies are aimed at providing long-term stability for future generations and adapting to various economic conditions.

Sing when you’re winning: Baillie Gifford’s boost on £4bn Spotify stake

Ballie Gifford has done exceptionally well on its Spotify bet, holding the streaming giant since 2015.

Voyant and Oxford Risk to launch wealth management planning solution

Partnering with Oxford Risk allows each platform to combine their own strengths.

Abrdn sees fall in revenues as hunt for new CEO goes on

To address these outflows and attract new clients, the firm says it has implemented a series of initiatives.

Societe Generale sells UK private bank arm

Paris-based SocGen said the move was designed to make it more streamlined and efficient.

Standard Chartered PLC publishes resolvability disclosure

Resolvability disclosures are also being published by other UK banks

Family offices improve governance standards

Nevertheless, family offices have become more professional in their governance, management and infrastructure over the past five years.

Financial group Valartis makes last year’s loss forgotten

The Valartis Group is an international financial group with headquarters in Fribourg.

UBP signs two exclusive agreements to acquire Societe Generale’s international private banking operations in the UK and in Switzerland

These transactions, carried out with the support of Caurus Partners, remain subject to the applicable social procedures

First, do nothing

Approximately 99% of the time, the single most important thing investors should do is absolutely nothing.”

AI Insights: Investments, Innovation, and Industry Transformation

Financial institutions today are using AI mainly to increase operational efficiency, and not necessarily to generate revenue.

Wealth and Asset Management