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

Blackstone buys $1B mortgage portfolio from German bank

Multifamily, office and hospitality properties backing Deutsche Pfandbriefbank loan pool

Ortec Finance: 8% of advisers and wealth managers believe company will not meet Consumer Duty deadline

FCA Consumer Duty compliance deadline 31 July

Wealth firms in the UK slow to adopt semi-liquid funds

The limited range of semi-liquid products and the question of suitability loom large for wealth managers, who largely prefer investment trusts to access private markets.

7IM enhances Pathbuilder range with ‘trend following’ strategy

Trend strategies have delivered strong performance during market turmoil and add a further layer of diversification and risk management to traditional passive strategies.

Goldman Sachs moves to new office in Amsterdam, the Netherlands

The Amsterdam office will have space for up to 50 employees allowing for the ongoing expansion of Goldman Sachs’ activities in the Netherlands.

Ex-Alpian CEO secures CHF 1.5m to launch private banking platform

Light Frame’s pre-seed financing round was led by ATX Venture Partners and New Stack Ventures.

Pantheon partners with iCapital to expand access to specialist evergreen semi-liquid private equity solution

Partnership also includes solutions targeting markets with growing demand across Europe, the Middle East, Latin America and Asia

Beyond wealth management: elevating life with Metrobank

Clients benefit from an extensive range of investment options, including securities and structured products, managed by a team of dedicated specialists.

ABN AMRO announces the acquisition of Hauck Aufhäuser Lampe, strengthening top 3 position in wealth management in Germany

These entities and HAL have closed a co-operation agreement to continue offering the successful One-Stop-Shop service offering in the market.

Transition tipping points are turning nature into a new asset class: Transition Investment Summit 2024

Nature and nature-based solutions provide a clear path towards creating this net-zero world, and the reasons why were unpacked in a series of clear and convincing presentations and panel discussions throughout the day.

NatWest share sale abandoned as election campaign derails plans

But the Treasury has confirmed the sale of NatWest shares will now not go ahead because of election plans.

4M24: Net profit exceeds CHF 110 million; annualised NNA growth rate of 7.6%, corresponding to CHF 3.6 billion NNA

Return to more normalised hiring momentum during the reporting period with a total of 26 new CROs

UBS: Sergio Ermotti’s Successor to Come From Within the Company

UBS may announce the names of the three potential successors, or possibly even female successors, at the general meeting next year, as further information suggested.

UBS Suddenly at the Bottom in European Fund Business

Morningstar analysts explicitly pointed to the forces of integration that the acquisition of Credit Suisse (CS) has brought to UBS's fund business.

Hong Kong’s BMP Wealth gets ‘significant’ investment for acquisitions from UK asset manager

The investment will be used to acquire adviser firms whose owners are looking to retire or leave the industry in next few years

Partners Group Selects Northern Trust to Provide Asset Servicing Solutions for its Private Equity ELTIF Evergreen Fund

The new ELTIF 2.0 regime is intended to facilitate European investment into private market assets via semi-liquid funds and related strategies, including by individuals not considered to be professional investors.

Citywealth Top 75 Trustees List highlights outstanding Crown Dependencies trustees

All entries are nominated for inclusion by their peers within the industry and are independently verified.

Quintet celebrates 75 years in Luxembourg!

By the early 1970s, Kredietbank had become one of the leading eurobond issuers and had broken ground on its new 12-story headquarters on Boulevard Royal.

Hargreaves Lansdown Offer Brings UK Wealth-Manager M&A in Focus

The offer is still less than half of Hargreaves Lansdown’s share price five years ago.

Close Brothers dips as it outlines motor finance review

In the voluntary review by Close, separate from the FCA probe, the firm predicts ‘single-digit millions’ in compensation for its motor finance customers.

Wealth and Asset Management