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

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.

Neuberger Berman launches emerging market debt ‘blend’ fund

Neuberger Berman is to launch a new fund that will invest in both hard and local currency emerging market bonds, Wealth Manager can reveal.

Natixis launches short-dated high yield fund

The fund offers retail and institutional share classes denominated in US dollars and euros

Credit Suisse reports Improved profitability in Private Banking & Wealth Management:

Improved Wealth Management Clients net margin to 29 basis points from 23 basis points in 4Q13

The winner of the 2014 Wealth Management Madness is....

After he took over he did two things that turned the ship: Sharpened its focus

Five reasons why buying wealth firms may be too consensual

Wright highlighted the potential boost from ‘internal change as a new management team focus

Expectations of UHNW and HNW European investors - J.P. Morgan Private Bank

Three quarters (75%) of European investors believe Europe will grow by 1% or more in 2014, and 39% say Europe will be the best performing equity market

EDRAM launches European multi-asset income fund

The equity allocation will make up anywhere between 0% and 50% of the fund, which will be drawn EuroStoxx 600

Societe Generale’s cross-asset approach pays off

The French bank has a first-mover advantage in advising multi-asset funds in a market tipped to double in size in the next five years.

Julius Baer enters Irish market

he new Irish business of Julius Baer, which is understood to employ about 10 people, will be run as a branch of Julius Baer International Limited based in London, and cooperate closely with the parent company. The offices will continue to be located in Ce

Wealth and Asset Management