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

UniCredit's Wealth report: Italy's clients invest short-term

They also opted for a high degree of diversification in their portfolio, in which they mostly included short-term products.

Rise of secret millionaires who never make the rich lists

One of the trivial lessons from the boom is that the so-called rich lists rarely come close to the truth.

Norway's Sovereign Wealth Fund Looks to Add Risk

According to the report, the fund may look to favor shares of smaller companies over those of larger ones, and undervalued stocks over high-growth stocks.

Only one in eight will pay for ongoing advice, survey finds

Its survey of 2,028 people from households with incomes of more than £50,000 found that while 81% would seek financial advice, only one in eight would pay for an ongoing service.

Rothschild appoints new team to UK Wealth Management business

Their experience with ultra high net worth individuals will be extremely valuable in meeting increasing demand for Rothschild’s services from this client segment in particular

National IFA opens Chester office

These advisers were recruited from Barclays Financial Planning in 2011.

Openwork paid nothing for 2Plan acquisition

Openwork, which is 25 per cent owned by Zurich, acquired national IFA 2Plan in July 2011 after announcing the deal in September 2010.

Charles Stanley to boost presence in the North

The national wealth manager has historically been opportunistic in expanding its regional presence, such as when it opened its Liverpool office in August 2010 on the back of acquiring a local employee benefits firm.

Close Brothers shuts Chartwell Direct call centre in Bristol

“This move has no impact on Chartwell’s advised clients who will continue to be served out of our Bristol office.”

Wealth boutiques merge ahead of RDR ‎

James Hambro & Partners is merging with another wealth management boutique, ahead of changes due in January as part of the UK's Retail Distribution Review.

EuroMillions Win - Coutts

With EuroMillions in the spotlight following the announcement of the latest jackpot winners, speculation grows as to what the winning couple will do with their windfall.

St.Galler Kantonalbank is doing well in the current year

In a continued challenging economic environment, St.Galler Kantonalbank achieved a good half year result. This was primarily due to the net interest income and lower operating expenses.

When a rugby scrum meets a financial scrum

Included in the squad will be Harlequins and England captain Chris Robshaw and fellow internationals Mike Brown, Ugo Monye, George Robson and Nick Easter.

The UK's Wealthy are Currently Experiencing Very Different Fortunes - RESEARCH

New data on the wealthy population in the UK produced by Ledbury Research reveals just how volatile the fortunes of the wealthy are in the country.

Saunderson House looks to consolidate platform use

The firm currently holds assets on Cofunds, Fidelity FundsNetwork, Stocktrade, Alliance Trust and James Hay.

Acta Holding to acquire Swedish wealth management company

Hagberg & Partners has since 1994 worked with creating value for its clients through qualified financial advisory. Satisfied and assured clients are what is the most prominent in the company's philosophy.

Standard Life executives to reap gains

Shares in the FTSE 100 life insurer reached their highest level since 2008 after first-half operating profits rose 15 per cent to £302m, surprising analysts who forecast a 3 per cent fall.

Swiss bank acquires Irish financial operation

The deal will see $84 billion in assets under management and more than 2,000 employees transfer to Julius Bär, which will now be operational in several new markets, including Luxembourg, Spain, India and Ireland.

Has Hambro struck gold with London Mining deal?

It will also turn his specialised vehicle into a more attractive proposition in the eyes of income-seeking investors.

Van Lanschot: investment and cost reduction programme on track

Assets under management up 2%

Wealth and Asset Management