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

Credit Suisse’s UK arm considers switch to Ireland

“We think there could be significant benefits to clients in creating new state-of-the-art platforms in Dublin.”

Bill Gross and Julie Dean's former funds hit by major outflows

Funds formerly managed by star managers Julie Dean and Bill Gross have been hit by outflows after those managers moved on.

Gold a needed portfolio diversifier as central banks head in opposite directions

The European Central Bank, the Bank of Japan and the People’s Bank of China are all moving toward more accommodative policies as growth slows and deflationary risks emerge, he noted.

GAM merges A-rated Love's EM equity fund into new strategy

Swiss asset management group GAM has opted to merge its emerging market equity fund run by Citywire A-rated manager Tim Love into a newly-launched fund overseen by Julius Baer. The GAM Star Emerging Equity, a Dublin-domiciled fund launched in March 2012

Investec Joins Race For RBS' Coutts Arm

Coutts International is expected to change hands during the course of 2015,

Aberdeen suffers big outflows in 2014

Aberdeen Asset Management was the big loser of 2014 in the UK and European investment industry as it suffered more than $12bn of outflows from investor fears about emerging markets and the growing popularity of cheap tracker funds.

Not all platforms will be ready for April: Fundsnetwork

Some platforms will struggle with the increased demand next April, specifically for drawdown, according to Fundsnetwork’s head of advisory services Jon Everill.

Fleming family business posts falling profits after Russian exit

Fleming Family & Partners says it is in good shape ahead of a merger with Stonehage

Happy New Year

Before the golden sun sets, 2014’s calender is destroyed, And mobile networks get jammed, I wish in 2015 every moment is enjoyed. Happy New Year 2015 !

Aberdeen CIO Richards named CBE in New Year Honours List

Anne Richards, the chief investment officer (CIO) at Aberdeen Asset Management, and Elizabeth Corley, chief executive of Allianz Global Investors, have become CBEs in the 2015 New Year Honours List

Deutsche Bank Likes Long / Short Strategies Amid Stimulus Uncertainity

When considering risks, the report noted that the withdrawal of stimulus is a wild card, an unpredictable event that might lead to favoring a long / short strategy as opposed to a long only approach.

Swiss Fall Behind In Race To Become Renminbi Trading Hub

Luxembourg’s regulators have extremely strict standards

Wealthy individuals are still prudent: research

High net worth individuals are defying the stereotype portraying them as extravagant spenders, the managing partner of a wealth management firm has claimed.

The Shame And Carnage Of Geneva's Front-Line Bankers

The past few years have seen Switzerland forced to reveal secret banking details to national authorities. That means a brutal job for the bankers of Geneva

Interview: Julius Baer CEO On Bank’s Mid-East Growth Plans

The CEO of one of the world’s largest and oldest private banks gives his insight into the evolving world of wealth management, potential acquisition targets, and his plans for the Middle East.

Barings plans multi-asset resurge after exits and outflows

Barings lost three key members of its multi-asset team - Percival Stanion, Andrew Cole and Shaniel Ramjee - in August, who later went on to head up Pictet Asset Management’s push into the space.

More wealth planning and financial advice being offered to expats

Unlike their counterparts in some other countries popular with British and northern European expats

Wealth manager in £1.6m payout to acquiree director

European Wealth’s board have today made a payment to director Peter Mullins in shares and convertible loan stock worth as much as £1.65m, under the agreement for the acquisition of he former firm Bradley Stuart in October 2012.

SocGen says 'premature' to review Russia profit targets

French bank Societe Generale said on Tuesday it was premature to begin reviewing profit targets for its Russian business after a newspaper report said they could be at risk.

Charles Stanley dozen defect to Walker Crips and Hargreave Hale

Eight wealth managers feature in a dozen departures from Charles Stanley to Walker Crips and Hargreave Hale.

Wealth and Asset Management