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

Brown Shipley enters race for Jupiter wealth arm

Brown Shipley has emerged as a potential buyer, a move that would bolster the private bank’s investment management operation in London.

UK's best portfolio managers rewarded at Portfolio Adviser Wealth Manager Awards 2014

Portfolio Adviser rewarded the UK's finest portfolio managers last night at its invitation-only Wealth Manager Awards held in London.

Rothschild Completes €200m Fund Raising for First Oberon Credit Investment Fund

The Fund targets a 7-9% net IRR, via quarterly cash distributions, offering low volatility of returns and superior access to assets via a proven and highly respected Investment Adviser.

Wealth managers caution equities face setback despite clamour for risk

Barclays Wealth & Investment Management’s European CIO, Kevin Gardiner, said the firm has moved heavily overweight cash on fears an equity market correction is “long overdue”.

Former Barclays executive sets up new bank

The news comes as the government tries to boost competition in the banking industry

Close Brothers Asset Management announces sponsorship of National Family Business Day 2014

The National Family Business Day, launched by Family Business United is designed to recognise the invaluable contribution family businesses make to the British economy, a fact that has often gone unreported and under-appreciated.

Euroclear’s Collateral Highway grows 12 percent to EUR 787 billion in 2013

This 12 percent increase on the Collateral Highway – which allows users to seamlessly source and mobilise their securities irrespective of location in order to cover trading exposures and to access central bank liquidity – comfortably eclipsed

Deutsche Bank posts €1.2bn loss for fourth quarter

Its parent Deutsche Bank had a tough quarter, recording a net loss of €965 million for the last three months of the year as a slowdown in fixed income trading took its toll on earnings.

Barclays scraps private banking for sub-£500k clients

The standard cost to transfer an account from Barclays Wealth is £20 for each fund or stock held and £50 if moved offshore.

UK wealth manager appoints industry vet as new head of private banking

He is a highly experienced business leader within banking, wealth management and investment management sectors. He has held a number of senior executive roles including Vice Chairman & Group CEO at Sanlam Private Investments UK, Group CEO of the Ansba

Charities specialist leaves Standard Life Wealth

Just weeks after Standard Life Wealth was brought under the wing of the Standard Life Investments division, it is losing one of its key players.

IFA Prosperity links with UK Wealth management group

Prosperity Independent Financial Advisers and Stockbrokers has joined forces with investment specialist

Global private equity firm to acquire UK-based asset management firm

The companies did not disclose the price tag of the deal.

The specifics of Russian private banking

Although the private banking market is relatively young in Russia, local banks are now capable of competing with their Western colleagues in terms of complex and exotic investment vehicles

Brown Shipley offers redress for Anglo Irish bond default

Brown Shipley is compensating clients who saw their investments in Anglo Irish and Lambay bonds wiped out after the bank was nationalised in 2009.

A year on from the RDR, advisers are feeling positive about the future

A year on from the introduction of the Retail Distribution Review, two thirds of advisers are optimistic about their prospects over the next 12 months, with only 10% expecting things to decline.

ABN Amro Chairman Dons Blue Dress to Explain Core Values

Rather than the usual speech about market conditions, ‘Priscilla Zalm’ outlined how she advised her brother to lead the bank

Trusts are new tool in Czech Republic wealth managers' toolbox

Since the beginning of January‚ wealth managers in the Czech Republic have been able to make use of trusts for the first time‚ following extensive changes to the country’s civil laws.

AFH Financial snaps up 20th firm as acquisition run continues

SR Wealth Management has £10.2 million in assets under advice and generated £63,000 in recurring revenue during its most recent full financial year.

Polar Capital sees AUM surge by 80%

Polar Capital saw its assets under management rise by 80% over the last nine months of the year.

Wealth and Asset Management