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

Moody’s cuts outlook on 82 European banks to negative

Moody’s Investor Service changed the outlook to negative on no less than 82 long-term European bank ratings in an exhaustive report on the sector published on Friday.

Succession acquires two member IFAs

Wealth management group and consolidator Succession has acquired two of its member IFA firms for £3m, as it seeks to reach £7bn of assets by 2017.

Baillie benefits from long-term approach

THE decade of success at Edinburgh investment house Baillie Gifford has arguably been down to its partnership structure and lack of short-term commercial pressures, a leading commentator has said.

Succession acquires two member IFAs

Accession, which specialises in taking on member firms with the potential of acquiring them in the future, has now bought a total of seven firms.

Deutsche Bank, Former Executives Sue Each Other Over Move

The hirings violated a non-solicitation agreement and previous settlement over HPM’s recruitment

Elevate platform: New Isa allowance will boost assets

Axa Wealth is preparing for a surge of assets under administration on its adviser platform

Little acorn to mighty oak

OakTree’s Ian Brady says careful backtesting and research enables the boutique to hit above its weight

UBS upbeat about growth potential at IMI, upgrades to 'buy'

The strategic review results with the first-half results in August should provide a positive message on improved growth.

What the FTSE 100 Rotation Means for Fund Managers

Wealth managers are warning that active fund managers must take care to manage the challenge

Barclays tips SJP to double AUM and grow partner numbers

St James’s Place has the most attractive dividend profile in the UK insurance sector

Brewin Dolphin profits up 25% despite £1bn outflows

Other income continued to fall due to the imposition of new Retail Distribution Review laws, slipping 42% to £11.9m as margins decline on cash deposits trail income dwindles. - See more at: http://www.ifamagazine.com/news/brewin-dolphin-makes-margin

DeVere chief defends his approach to hiring advisers

Advisers working for international wealth manager the deVere Group must have the right qualifications or they cannot progress in the company, Nigel Green has said.

Barclays guide to giving away money

We know that clients in the South West are increasingly looking to become involved in giving

Sal. Oppenheim selects CACEIS

CACEIS services 16 real estate investment companies in Germany

Brewin Dolphin profits surge in H1 but advisory arm sees £1bn outflow

Wealth manager Brewin Dolphin reported a surge in profits in the half year to March, although it saw a large outflow from its advisory business.

Close Brothers CDF Managed Fund range hits £100m milestone

CBAM’s investment proposition is differentiated because they embrace three complementary approaches: in-house direct management, open architecture and passive.

Friends Life to receive offers to buy Lombard business

Philadelphia Financial targets high net-worth families through a network of intermediaries, and it views Lombard as an attractive opportunity to expand that area of its business, Sky News said.

Bestinvest name to be dropped for B2B market

It has also been announced that Bestinvest’s current chief executive Peter Hall will lead the combined group, while Tilney Investment Management director Miles Robinson will head up Tilney for Intermediaries.

ABN AMRO Private Banking wins ‘Best Overall European Private Bank’ and ‘Best Domestic Clients Team’

We are quite unique in pursuing a multi-domestic, multi-brand strategy

Gore Brown’s founding duo on the perils of centralisation

We want to avoid something that is happening in larger companies where they apply an investment process

Wealth and Asset Management