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

Super rich get to cash in on luxury assets

There are around 700,000 high net worth individuals in the UK

TPD Wealth Management buys Alderley Edge-based asset management firm

An Alderley Edge-based asset management company has been sold out of administration in a pre-pack deal.

Andrew Ross: Schroders will not become an ‘acquisition machine’

‘Schroders hasn’t suddenly become an acquisition machine by doing this.

SJP adds new strategy to Artisan fund

St James’s Place reported that it had been ‘considering the addition of a complementary global strategy that would enable Dan and David to continue to manage the fund whilst catering for the anticipated future growth in assets under management

Will higher wealth manager base salaries drive the right behaviours?

Firms are upping their game on the recruitment front

Schroders closes two funds that are 'unlikely to grow'

Schroders has moved to close two of its funds, owing to their small assets under management

Goldman Sachs Asset Management to acquire Westpeak Global Advisors

GSAM has also launched an Advanced Beta Strategies platform

Finmin officials to visit Cyprus to negotiate tax agreement

India, Cyprus will in the next few weeks finalize changes to their double taxation avoidance agreement

Trust Fund As An Islamic Finance Alternative In CEE

With the recent introduction of a new legal instrument called a trust fund

Sanlam mulling launch of D2C proposition

National advisory firm Sanlam Private Wealth intends to launch a direct-to-consumer investment platform

Martin Currie eyes US growth as losses narrow to £1.6 million

Revenue increased by approximately 50% year-on-year to £49.6 million

FSCS levy hike reignites debate about how costs are apportioned

It is a move that has prompted concerns

Impax wins Queen’s award

Impax was one of the first asset managers to create funds investing in environmental markets

HSBC PB hires Barclays discretionary boss as UK wealth head

His role will include responsibility for various teams

Wealth management sector faces unprecedented change

New research from Aite Group highlights that while the United Kingdom, the sixth-largest economy in the world,

UBS And Mornign Star Offer Solvency II Service For Funds

A unit of UBS is collaborating with research firm Morningstar to help asset managers calculate solvency capital requirements (SCRs) under the Solvency II regime at the fund level.

The wealth sector is gripped by merger mania

The wealth sector is gripped by merger mania as advisory firms jump into each other’s arms to deal with rising costs and regulatory challenges.

BlackRock targets UK pension market after budget reforms

BlackRock, the world’s largest asset manager, is set to mount an aggressive challenge to UK life insurers after concluding that the government’s pension reforms could lead to the collapse of the annuities market.

Brooks Macdonald sees assets climb 4.2% in Q1

The wealth manager had £5.92bn of discretionary funds under management at the end of March, compared to £5.68bn at the end of 2013. New business accounted for £215m of the increase, while performance added a further £30m.

EW Group to acquire all of EWMG

Based on the Theoretical Post Consolidation Price, the Acquisition values EWMG at approximately GBP13.45 million with the value of the Total Consideration being approximately GBP7.1 million.

Wealth and Asset Management