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

Kleinwort Benson assets under management flat

Balance sheet remains strong, with a Tier 1 ratio of 22% in our Wealth Management operations and a strong liquidity position underpinned by our prudent treasury investment policy.

Veritas splits private client and fund businesses in restructure

Veritas Asset Management UK is to split its fund management arm from its private client business as part of a corporate reorganisation.

Julius Baer 10-Month Assets Under Management Rise 10%

Swiss private bank Julius Baer Group AG reported a 10% annual increase in assets under management by the end of October, due to new net money inflows and positive bond and equity markets.

BRB Wealth Management expands with takeovers

BRB, which has been based at its current location in Etruria since 2001, believes the deal will enable it to consolidate its position as one of Stoke's largest financial advisers.

Saunderson House confident ahead of RDR

Under the direction of Tony Overy, Saunderson has so far attracted 85 new clients this year and the group expects to continuing pulling in clients with its business in good shape ahead of the retail distribution review.

Liontrust triples fund inflows as recovery surges on

Liontrust Asset Management has reported net inflows of £189m in the six months to 30 September.

Quilter acquires Cheviot Asset Management

Quilter has today announced that it has signed an agreement with fellow independently owned discretionary investment firm Cheviot Asset Management to combine their two businesses.

Former Barclays investment manager launches wealth boutique

Prior to working at Covalence and Shard, Legge was an investment manager at Barclays Wealth.

Societe Generale Private Banking awarded Best Private Bank in Luxembourg

These awards underline the professionalism of Societe Generale Private Banking's teams and the service they provide to clients in the key wealth management markets.

Ashcourt Rowan pre-tax loss narrows

Funds under management fell to £3.8bn from £3.9bn and revenues dropped to £16.1m from £18.4m.

BNP Paribas scoops private banking awards

BNP Paribas Wealth Management carried off two prestigious awards at the 2012 Global Private Banking Awards

South African wealthy buying more property in London than the Swiss, Singaporeans and Saudi's

The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years.

JP Morgan fund and private bank arms team up for model portfolio launch

The investment house has rolled out the launch ahead of its Adviser Solutions outsourcing tool coming to the market next year.

Brussels in retreat over cap on bankers’ bonuses

The EU has tougher bank pay curbs than guidelines laid out by the Group of 20 but some policymakers are still pushing for more steps to be taken.

Super taxes on the wealthy may destroy Euro recovery

The flip-side is a government subsidises what it wants more of.

Wealth of UK property tycoons breaks £100 billion barrier

The collective wealth of the 250 property players rose by £13.8bn

Leading Swiss private banking group to set up new Italian private bank

new private bank to be set up jointly

Record interim results for Walker Crips

The group benefited from the disposal of Walker Crips Asset Managers, their fund management subsidiary, this April which helped deliver record pre-tax profits of £7.7m.

Wealthy Brits who have declared outright distrust for banks - RESEARCH

It seems that the key for banks to trying to re-establish their customers’ faith and loyalty is to sit down and talk.

'Mansion tax' set to hit Gulf buyers in London

It looks as though the UK government is trying to capitalise on this politically."

Wealth and Asset Management