Managers of Wealth - Europe https://europe.managersofwealth.com/ Wed, 02 Jul 2025 06:07:03 BST part of MediaG8way Group https://europe.managersofwealth.com/ https://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Rothschild & Co Wealth Management Switzerland acquires Zurich-headquartered Swiss advisory firm Tenalis AG News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124080/rothschild-ampamp-co-wealth-management-switzerland-acquires-zurich-headquartered-swiss-advisory-firm-tenalis-ag The acquisition expands Rothschild & Co's portfolio of services for Swiss Wealth Management clients across succession planning, taxation services and real estate consulting. Wealth and Asset Management Quilter’s WealthSelect boosts fixed income and reduces equity allocation in latest rebalance News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124084/quilteramprsquos-wealthselect-boosts-fixed-income-and-reduces-equity-allocation-in-latest-rebalance The team believes that despite the rally, risks to growth and inflation remain elevated particularly in light of uncertainty around tariffs. Wealth and Asset Management IQ-EQ shortlisted for ‘Employer of the Year’ award News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124088/iq-eq-shortlisted-for-amplsquoemployer-of-the-yearamprsquo-award It’s not the first time that IQ-EQ has received recognition in this field. Wealth and Asset Management JTC Completes Acquisition of Citi Trust News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124090/jtc-completes-acquisition-of-citi-trust The acquisition brings with it around 300 skilled professionals from offices worldwide, including an experienced senior management team. Wealth and Asset Management Evelyn Partners completes the sale of its Fund Solutions business to Thesis News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124092/evelyn-partners-completes-the-sale-of-its-fund-solutions-business-to-thesis The transaction sees 75 staff who support the EPFL business, predominantly based in Glasgow, transfer across to Thesis. Wealth and Asset Management Fairstone reaches 100th DBO milestone with Halifax IFA News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124021/fairstone-reaches-100th-dbo-milestone-with-halifax-ifa The model enables advisers to offload compliance and back-office burdens while retaining control and focusing on growth. Wealth and Asset Management London VC head moves to Geneva as private wealth adviser News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124054/london-vc-head-moves-to-geneva-as-private-wealth-adviser Sebastien Herren exits Grosvenor to join Goldman Sachs in Geneva, in a return to the banking space. Wealth and Asset Management BNP Paribas expands its Securities Services activity through the acquisition of HSBC’s custody and depositary bank business in Germany News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124056/bnp-paribas-expands-its-securities-services-activity-through-the-acquisition-of-hsbcamprsquos-custody-and-depositary-bank-business-in-germany The implementation of the agreement is expected to commence in early 2026 through a phased client migration. Wealth and Asset Management UBS Group Retains Outperform Rating at RBC Despite TBTF Regulatory Concerns News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124061/ubs-group-retains-outperform-rating-at-rbc-despite-tbtf-regulatory-concerns While acknowledging that it will “take time to have full visibility” on the situation Wealth and Asset Management UBS to start new share repurchase program News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124066/ubs-to-start-new-share-repurchase-program UBS will communicate its 2026 capital return ambitions with its fourth quarter and full-year 2025 financial results early next year. Wealth and Asset Management Redington CEO steps down after Gallagher deal News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124072/redington-ceo-steps-down-after-gallagher-deal Sylvia Pozezanac will be replaced after three years in the role by UK boss of Gallagher Benefit Services, David Piltz. Executive Moves Antonia Murga appointed Market Head Latin America News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124073/antonia-murga-appointed-market-head-latin-america I am very excited to announce the appointment Executive Moves Natixis Investment Managers finds another opportunity at Robeco News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124081/natixis-investment-managers-finds-another-opportunity-at-robeco Ingold has extensive experience in the Swiss financial industry. Executive Moves Claude F. Moser rejoins Orbit36 to expand Global Treasury and Risk Advisory Capabilities News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124083/claude-f-moser-rejoins-orbit36-to-expand-global-treasury-and-risk-advisory-capabilities Throughout his career, Claude has led large-scale strategic initiatives across Zurich, London, New York, and Singapore Executive Moves Former WTO Chief Economist Ralph Ossa moves to UBS Endowed Professorship at the University of Zurich News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124085/former-wto-chief-economist-ralph-ossa-moves-to-ubs-endowed-professorship-at-the-university-of-zurich During his time at the WTO, Ossa led the organization's economic strategy. Executive Moves Fairstone CEO Lee Hartley to step down after 18 years News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124087/fairstone-ceo-lee-hartley-to-step-down-after-18-years Hartley, who founded Fairstone nearly 18 years ago, said he was proud of the company’s progress and its distinct approach to advice. Executive Moves Northern Trust Asset Management Appoints Head of International and Responsible Investing News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124089/northern-trust-asset-management-appoints-head-of-international-and-responsible-investing Pedro Guazo Hired to Strengthen Investment Capabilities and Lead NTAM Across Europe, the Middle East and Asia-Pacific Executive Moves Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124091/lazard-welcomes-klaus-h-hessberger-as-managing-director-and-global-co-head-of-financial-sponsors-group These appointments reflect Lazard’s expanding connectivity and partnership with alternative asset managers Executive Moves Evelyn Partners hires Catherine Kirchmann as Partner in investment management team News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124093/evelyn-partners-hires-catherine-kirchmann-as-partner-in-investment-management-team Catherine is a highly experienced, senior wealth management professional Executive Moves Ninety One announces appointment of David Knee as Head of Multi-Asset News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124094/ninety-one-announces-appointment-of-david-knee-as-head-of-multi-asset Knee’s appointment to add meaningful strengthening to Ninety One’s investment platform. Executive Moves IPTF warns of growing misrepresentation risk in protection News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124079/iptf-warns-of-growing-misrepresentation-risk-in-protection This powerful instalment confronts the reality that an estimated 52% of all declined income protection claims in 2024 were linked to some form of misrepresentation. Legal, Regulation & Compliance FCA's targeted support proposal could help millions left behind by the advice gap News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124082/fcaamp039s-targeted-support-proposal-could-help-millions-left-behind-by-the-advice-gap It proposes a new regulated activity, called targeted support, and rightly acknowledges that the binary choice between generic guidance and full advice is failing too many people. Legal, Regulation & Compliance UK reforms AML rules for business services News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124051/uk-reforms-aml-rules-for-business-services The government says these firms are vital not only to the UK economy but to its reputation as a trusted global business hub. Legal, Regulation & Compliance Living between Dubai and Milan, but litigating in London News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124055/living-between-dubai-and-milan-but-litigating-in-london While private wealth may find a new centre of gravity further east, the gravitational pull of London’s courts will stay as strong as ever. Legal, Regulation & Compliance Calls to reform Lifetime ISAs over ‘nonsensical’ rules causing savers to lose their own money News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124059/calls-to-reform-lifetime-isas-over-amplsquononsensicalamprsquo-rules-causing-savers-to-lose-their-own-money A 25 per cent boost on a first-house deposit sounds a terrific deal - but the product itself can be complex and limiting Legal, Regulation & Compliance Statistical Notice 2025/04 - Bank of England Levy: Notification Document Levy Year 2025/26 News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124068/statistical-notice-202504-bank-of-england-levy-notification-document-levy-year-202526 Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder Legal, Regulation & Compliance FCA's targeted support proposal could help millions left behind by the advice gap News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124069/fcaamp039s-targeted-support-proposal-could-help-millions-left-behind-by-the-advice-gap The scale of the problem is stark. Just 9% of adults received regulated financial advice last year, despite millions holding investible assets. Legal, Regulation & Compliance The European Accessibility Act is now live: What it means for digital businesses News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124071/the-european-accessibility-act-is-now-live-what-it-means-for-digital-businesses The legislation sets harmonised requirements for private businesses offering key digital products and services, reinforcing the rights of all consumers to access technology on equal terms. Legal, Regulation & Compliance Upper Tribunal upholds Jes Staley ban News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124037/upper-tribunal-upholds-jes-staley-ban The FCA alleged that Mr Staley acted recklessly when he signed off the letter and the Tribunal agreed. Legal, Regulation & Compliance FCA chief Rathi signals pivot from risk aversion to growth News Aggregation Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124039/fca-chief-rathi-signals-pivot-from-risk-aversion-to-growth The chancellor sees the regulatory system as having regulated for risk, not growth,” he said. Legal, Regulation & Compliance How ERI is staying agile for the next generation of wealth management News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124076/how-eri-is-staying-agile-for-the-next-generation-of-wealth-management ERI is the provider of OLYMPIC Banking System - an integrated, realtime core banking and wealth management software package FinTech Are London Companies Embracing Bitcoin Treasury Holdings? News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124047/are-london-companies-embracing-bitcoin-treasury-holdings It's clear that these companies are shifting towards digital assets, aiming to safeguard their financial standing in the face of market fluctuations. FinTech BBVA launches a 100% digital bank in Germany, offering an interest-bearing checking account with no fees News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124033/bbva-launches-a-100-digital-bank-in-germany-offering-an-interest-bearing-checking-account-with-no-fees In that market, BBVA has already earned the trust of more than 700,000 customers in just over three years, and it expects to reach one million customers by the end of 2026. FinTech Optio acquires share plan platform from Investec Wealth & Investment International News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124036/optio-acquires-share-plan-platform-from-investec-wealth-ampamp-investment-international Optio Incentives scales global offering, reaching 1M participants across 15 stock exchanges. Global expansion supported by the acquisition of Investec Wealth & Investment International's share plan software platform. FinTech Verso’s strategic platform partnership with Nucleus helping to power its growth plans News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124038/versoamprsquos-strategic-platform-partnership-with-nucleus-helping-to-power-its-growth-plans Nucleus and Verso have been working collaboratively over the last twelve months to develop and launch the new platform with the transfer of existing client assets well underway. FinTech BIBA issues AI guide for British insurers News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124044/biba-issues-ai-guide-for-british-insurers The British Insurance Brokers’ Association (BIBA), with the support of Markel, has launched a new guide to help members understand how Artificial Intelligence (AI) might be beneficially incorporated into their business. FinTech LGT and iCapital Join Forces for Alternatives Investing News Aggregation Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/123991/lgt-and-icapital-join-forces-for-alternatives-investing The partnership marks a bold step toward automation, transparency, and personalized client service in private markets investing. FinTech CaixaBank launches Tap To Pay on iPhone for businesses to accept contactless payments News Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/124004/caixabank-launches-tap-to-pay-on-iphone-for-businesses-to-accept-contactless-payments Innovation, continuous improvement and exceeding our customers' expectations are among the company's core values, a benchmark for the entire organisation and the key to our management model. FinTech AI boosts productivity and profitability for UK businesses News Team Tuesday, June 24, 2025 1:00 am https://europe.managersofwealth.com/article/123944/ai-boosts-productivity-and-profitability-for-uk-businesses The vast majority of businesses using AI say the technology has helped them to boost their productivity and profitability, new research from Lloyds’ Business Barometer reveals. FinTech Digital-Native Banking Challengers Gain Ground in Europe News Aggregation Team Friday, June 20, 2025 1:00 am https://europe.managersofwealth.com/article/123887/digital-native-banking-challengers-gain-ground-in-europe European banking customers are growing increasingly dissatisfied with traditional banks’ offerings, demanding more personalized and intuitive digital services. FinTech ECB Proposes Redirecting Retail Savings to Capital Markets for Growth News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124074/ecb-proposes-redirecting-retail-savings-to-capital-markets-for-growth This initiative aims to boost economic growth by increasing private sector investment. Alternative Investments Team announce interim results and plans for UCITS launch News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124075/team-announce-interim-results-and-plans-for-ucits-launch UCITS launch set as firm says it has now received final approvals from the CBI and JFSC. Alternative Investments Handelsbanken research reveals generational differences in financial habits News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124078/handelsbanken-research-reveals-generational-differences-in-financial-habits The findings reveal stark differences between generations on their preferred channels for carrying out financial tasks. Alternative Investments Transact and Plannr join forces to speed up account opening process News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124086/transact-and-plannr-join-forces-to-speed-up-account-opening-process System integration is part of both Plannr and Transact’s strategies to create a fully integrated adviser ecosystem. Alternative Investments River Global set to acquire Devon Equity Management News Aggregation Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124095/river-global-set-to-acquire-devon-equity-management Half-year results show profitability 'tantalisingly close' for the asset management group Alternative Investments BNP Paribas completes acquisition of AXA Investment Managers News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124096/bnp-paribas-completes-acquisition-of-axa-investment-managers The combination of AXA IM, BNP Paribas Asset Management (BNPP AM) and BNP Paribas Real Estate Investment Management (BNPP REIM) will create an unmatched global platform for long-term savings and investments. Alternative Investments Barings sees rare interest in Europe as Asian investors diversify News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124049/barings-sees-rare-interest-in-europe-as-asian-investors-diversify The alternatives manager said it is seeing 'active interest in Europe' among investors in Asia, where the continent has historically been a very tough sell. Alternative Investments Property transactions rebound in May but remain below long-term average News Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124052/property-transactions-rebound-in-may-but-remain-below-long-term-average After April’s sharp slump in transactions following the stamp duty threshold changes Alternative Investments UBS AM endorses European equities News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124058/ubs-am-endorses-european-equities Higher returns and a low correlation to US equities make European stocks more attractive for a long-term strategic asset allocation, according to UBS AM. Alternative Investments Liquidity crisis support made in Switzerland and the too-big-to-fail subsidy News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124060/liquidity-crisis-support-made-in-switzerland-and-the-too-big-to-fail-subsidy Banks have long posed threats to financial stability Alternative Investments Mediobanca pledges 4.9 billion euro shareholder reward to counter MPS bid News Aggregation Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124024/mediobanca-pledges-49-billion-euro-shareholder-reward-to-counter-mps-bid In an attempt to become too big for MPS to swallow, Mediobanca proposed in April to buy private bank Banca Generali. Investment Banking J.P. Morgan Elevates Its Swiss Presence News Aggregation Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/124015/jp-morgan-elevates-its-swiss-presence J.P. Morgan is reorganizing its Corporate Banking operations in the DACH region. Investment Banking Barclays engages McKinsey to help optimise investment banking division News Aggregation Team Monday, June 23, 2025 1:00 am https://europe.managersofwealth.com/article/123904/barclays-engages-mckinsey-to-help-optimise-investment-banking-division The UK banking scene has been undergoing a period of transformation in recent years. Investment Banking BNP Paribas receives multiple accolades at the GlobalCapital Bond Awards 2025 News Aggregation Team Friday, June 20, 2025 1:00 am https://europe.managersofwealth.com/article/123897/bnp-paribas-receives-multiple-accolades-at-the-globalcapital-bond-awards-2025 BNP Paribas secured 10 awards at the GlobalCapital Bond Awards 2025. Investment Banking 1,600 BBVA employees met in Madrid to advance the bank’s 2025-2029 strategy News Team Wednesday, June 18, 2025 1:00 am https://europe.managersofwealth.com/article/123845/1600-bbva-employees-met-in-madrid-to-advance-the-bankamprsquos-2025-2029-strategy They also conveyed their vision of the future: a competitive scenario, full of opportunity. Investment Banking UBS hires BNP Paribas dealmaker Spens to bolster Nordic team News Aggregation Team Tuesday, June 17, 2025 1:00 am https://europe.managersofwealth.com/article/123816/ubs-hires-bnp-paribas-dealmaker-spens-to-bolster-nordic-team The Swiss bank has added senior dealmakers in Europe and the US in recent weeks Investment Banking EU’s investment bank ‘ready’ to triple funding for defense projects this year News Aggregation Team Monday, June 09, 2025 1:00 am https://europe.managersofwealth.com/article/123637/euamprsquos-investment-bank-amplsquoreadyamprsquo-to-triple-funding-for-defense-projects-this-year Among NATO member states, Poland allocates the highest proportion of its GDP to defense – at 4.7%, more than double the alliance’s 2% baseline. Investment Banking BancTrust downsizes London headquarters in latest cost-cutting measure News Aggregation Team Friday, June 06, 2025 1:00 am https://europe.managersofwealth.com/article/123614/banctrust-downsizes-london-headquarters-in-latest-cost-cutting-measure Investment bank has recently cut jobs in management and compliance Investment Banking Eurozone inflation fall intensifies News Team Thursday, June 05, 2025 1:00 am https://europe.managersofwealth.com/article/123577/eurozone-inflation-fall-intensifies Goods inflation remains contained at a subdued 0.6% y/y, while the recent manufacturing PMI suggests waning price pressures with the input price sub-index falling back below 50 in May. Investment Banking JP Morgan launches risk-rated investment portfolios News Aggregation Team Wednesday, June 04, 2025 1:00 am https://europe.managersofwealth.com/article/123557/jp-morgan-launches-risk-rated-investment-portfolios The new portfolios will offer five different options, each designed for a different level of risk and for different investment timeframes. Investment Banking Business owners face new risks around tax, cyberattacks and succession planning in 2025 News Team Tuesday, July 01, 2025 1:00 am https://europe.managersofwealth.com/article/124077/business-owners-face-new-risks-around-tax-cyberattacks-and-succession-planning-in-2025 now a firm fixture in the diary for entrepreneurs in Switzerland – addressing the theme of "Tax and cybersecurity". Comment, Analysis & Research Number of highly vulnerable clients falls over the past year News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124048/number-of-highly-vulnerable-clients-falls-over-the-past-year Dynamic Planner suggests this indicates that clients facing more serious issues are likely receiving beneficial support and guidance, leading to increased reassurance. Comment, Analysis & Research Ex-Baillie Gifford manager's platform shuts after funding blow News Aggregation Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124017/ex-baillie-gifford-manageramp039s-platform-shuts-after-funding-blow Tillit, which was founded by Felicia Hjertman in 2020 with the help of a number of high profile backers, has failed to secure enough funding to keep going. Comment, Analysis & Research Investing in luxury assets: watches, wine and real estate for passion, prestige and portfolio diversification News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124018/investing-in-luxury-assets-watches-wine-and-real-estate-for-passion-prestige-and-portfolio-diversification With today’s traditional investment world looking uncertain, luxury assets are increasingly valued not just as collectibles, but as vehicles for enjoyment, preservation and long-term investment potential. Comment, Analysis & Research Ten Investment Convictions for H2 2025 News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124041/ten-investment-convictions-for-h2-2025 Alternative investments can enhance diversification - real estate benefits from falling rates and market-neutral hedge fund strategies can offer stability. Comment, Analysis & Research Research Reveals More Than 75% of UK Wealth Managers Planning Acquisitions News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124035/research-reveals-more-than-75-of-uk-wealth-managers-planning-acquisitions As M&A Activity Grows, Nearly 20% of Consolidators Pause Initiatives Due to Integration Issues Comment, Analysis & Research Schroders wins ‘Best Overall’ at the INSEAD Business In Balance Awards 2025 News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124040/schroders-wins-amplsquobest-overallamprsquo-at-the-insead-business-in-balance-awards-2025 These awards distinguish companies driving real change and improving gender representation in the workplace. Comment, Analysis & Research Ensuring financial futures after the final whistle company- Tweed Wealth Management News Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/123999/ensuring-financial-futures-after-the-final-whistle-company-tweed-wealth-management All too often, talented athletes are failed by a system that rewards short-term performance but neglects long-term financial literacy. Comment, Analysis & Research Global art trends viewed by Guillaume Cerutti, Chairman of Christie’s International News Team Tuesday, June 24, 2025 1:00 am https://europe.managersofwealth.com/article/123940/global-art-trends-viewed-by-guillaume-cerutti-chairman-of-christieamprsquos-international Collectibles are often illiquid and follow trends of their own, thereby providing precious sources of diversification to the rest of investment portfolios. Comment, Analysis & Research Citi and CREATE-Research Report Highlights Shifts Transforming the Global Asset Management Industry News Team Tuesday, June 24, 2025 1:00 am https://europe.managersofwealth.com/article/123951/citi-and-create-research-report-highlights-shifts-transforming-the-global-asset-management-industry 269 asset managers share their views on future business and operating models against a backdrop of industry challenges, new growth drivers and the adoption of AI and GenAI technologies Comment, Analysis & Research Managing the tax tail: how Gilts can aid inheritance planning News Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124022/managing-the-tax-tail-how-gilts-can-aid-inheritance-planning For many high-net-worth individuals considering a move abroad, gilts may offer a rare combination of security and tax efficiency, potentially keeping your estate out of HMRC’s reach. Tax The eternal dilemma of how to tax the super-rich News Aggregation Team Friday, June 27, 2025 1:00 am https://europe.managersofwealth.com/article/124034/the-eternal-dilemma-of-how-to-tax-the-super-rich It is becoming harder to keep wealthy nomads and ordinary voters happy Tax Rethink your tax strategy in the new financial year News Aggregation Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/124007/rethink-your-tax-strategy-in-the-new-financial-year Tax is often the biggest cost for investors – yet many aren’t aware of the strategies available to reduce it. Tax New HMRC data show over 6 million more taxpayers since threshold freeze News Team Thursday, June 26, 2025 1:00 am https://europe.managersofwealth.com/article/124013/new-hmrc-data-show-over-6-million-more-taxpayers-since-threshold-freeze The Treasury has grown hooked on the tax revenues this freeze generates, and like any addiction, it may prove difficult to kick even when the damage becomes clear. Tax ‘Way too cheap’ – Tax experts question Reform’s £250K non-dom plan News Aggregation Team Wednesday, June 25, 2025 1:00 am https://europe.managersofwealth.com/article/123967/amplsquoway-too-cheapamprsquo-ampndash-tax-experts-question-reformamprsquos-amppound250k-non-dom-plan The scheme is similar to those currently in place in Greece and Italy, which have both benefited from an influx of former UK-based non-doms after the government chose to scrap the old non-dom regime in last year’s Autumn Budget Tax Wealth advisers helping tax evasion face fresh fines News Aggregation Team Wednesday, June 25, 2025 1:00 am https://europe.managersofwealth.com/article/123982/wealth-advisers-helping-tax-evasion-face-fresh-fines Advisers who help clients evade tax will face fines under rules that have come into force from 01 January this year. Tax French authorities search SocGen's offices in tax fraud investigation News Aggregation Team Wednesday, June 25, 2025 1:00 am https://europe.managersofwealth.com/article/123985/french-authorities-search-socgenamp039s-offices-in-tax-fraud-investigation This investigation is separate from the so-called "cum-ex" dividend stripping probe involving SocGen, the source said. Tax Five hacks to generate £16,000 of tax-free income News Aggregation Team Tuesday, June 24, 2025 1:00 am https://europe.managersofwealth.com/article/123960/five-hacks-to-generate-amppound16000-of-tax-free-income Meanwhile, tax-free childcare is still under-claimed by working parents and can provide a 20% subsidy on childcare costs, giving up to £2,000 per year, per child. Tax Nigel Farage Accused Of 'Billionaires' Giveaway' Over New Tax Policy News Aggregation Team Monday, June 23, 2025 1:00 am https://europe.managersofwealth.com/article/123921/nigel-farage-accused-of-amp039billionairesamp039-giveawayamp039-over-new-tax-policy All of the money raised from the new policy would be given directly to around 2.5 million workers on low incomes, Farage will announce in a major speech on Monday. Tax Tax gap steady at 5.3% but lowered allowances risk first-time taxpayers falling foul of the rules News Aggregation Team Thursday, June 19, 2025 1:00 am https://europe.managersofwealth.com/article/123871/tax-gap-steady-at-53-but-lowered-allowances-risk-first-time-taxpayers-falling-foul-of-the-rules The rise in the corporation tax gap is likely driven by a mix of economic strain, increased complexity in the global tax system, and perhaps a lag in HMRC enforcement capacity. Tax Major UK bank axing six branches after announcing 55 closures News Aggregation Team Monday, June 30, 2025 1:00 am https://europe.managersofwealth.com/article/124063/major-uk-bank-axing-six-branches-after-announcing-55-closures NatWest is set to close down six of its branches in coming days, following announcement that 55 would be shut for good. Retail Banking ALEX BRUMMER: Beware of bank mergers - they can go horribly wrong News Aggregation Team Monday, June 23, 2025 1:00 am https://europe.managersofwealth.com/article/123905/alex-brummer-beware-of-bank-mergers-they-can-go-horribly-wrong Barclays boss John Varley, married to a scion of one of the bank's founding families, even conceded that the headquarters would be canal-side in Amsterdam. Retail Banking Council of Europe Development Bank Partners with TCS to Transform Reconciliation Processes News Team Friday, June 20, 2025 1:00 am https://europe.managersofwealth.com/article/123885/council-of-europe-development-bank-partners-with-tcs-to-transform-reconciliation-processes Through this partnership TCS will deploy its flagship product, TCS BaNCSTM for Reconciliations, to help the bank manage complex transactions and streamline processes using AI and automation Retail Banking Lloyds group slashes overdraft fees – borrowers to save up to £299 a year News Aggregation Team Friday, June 20, 2025 1:00 am https://europe.managersofwealth.com/article/123902/lloyds-group-slashes-overdraft-fees-ampndash-borrowers-to-save-up-to-amppound299-a-year In a major U-turn on previous hikes, Lloyds Banking Group is cutting punitive overdraft rates for new and existing customers. Retail Banking Allied Irish Banks return to private ownership News Aggregation Team Thursday, June 19, 2025 1:00 am https://europe.managersofwealth.com/article/123860/allied-irish-banks-return-to-private-ownership The Irish government controversially guaranteed the banks' liabilities which later led to huge taxpayer-funded bailouts. Retail Banking TSB could be sold off by Spanish owner Banco Sabadell News Aggregation Team Tuesday, June 17, 2025 1:00 am https://europe.managersofwealth.com/article/123823/tsb-could-be-sold-off-by-spanish-owner-banco-sabadell TSB currently operates around 175 bank branches across Britain. Retail Banking Millions of Nationwide customers to wake up to £100 bonus payments News Aggregation Team Monday, June 16, 2025 1:00 am https://europe.managersofwealth.com/article/123774/millions-of-nationwide-customers-to-wake-up-to-amppound100-bonus-payments Bonus payments to enter millions of bank accounts within days Retail Banking Groupe BPCE to acquire 75% stake in Portugal’s novobanco for €6.4bn News Aggregation Team Monday, June 16, 2025 1:00 am https://europe.managersofwealth.com/article/123779/groupe-bpce-to-acquire-75-stake-in-portugalamprsquos-novobanco-for-ampeuro64bn The deal forms part of BPCE's VISION 2030 strategic plan, designed to expand its operations in France, Europe, and beyond. Retail Banking The best bank account switching deals for June — with bonuses up to £310 News Aggregation Team Friday, June 13, 2025 1:00 am https://europe.managersofwealth.com/article/123752/the-best-bank-account-switching-deals-for-june-ampmdash-with-bonuses-up-to-amppound310 The bonuses start off at £100, but if you’re willing to do a little more or stick with the bank for longer, the highest paying one is worth a healthy £310. Retail Banking UK’s Starling Bank Reports Business Growth and Global Expansion Plans News Aggregation Team Monday, June 09, 2025 1:00 am https://europe.managersofwealth.com/article/123631/ukamprsquos-starling-bank-reports-business-growth-and-global-expansion-plans These developments underscore Starling’s commitment to innovation, diversity, and customer-centric growth. Retail Banking ESG considerations driving food and drink industry acquisitions News Team Monday, April 29, 2024 1:00 am https://europe.managersofwealth.com/article/116007/esg-considerations-driving-food-and-drink-industry-acquisitions Businesses are increasingly conscious of the importance of ESG in M&A. Pensions Schroders Greencoat eyes deal for scandal-hit solar operator – reports News Aggregation Team Monday, November 13, 2023 12:00 am https://europe.managersofwealth.com/article/112765/schroders-greencoat-eyes-deal-for-scandal-hit-solar-operator-ampndash-reports The infrastructure unit is a leading contender to buy Toucan Energy, which collapsed a year ago amid a local government scandal. Pensions Pensions allowance tax charges hit record high News Aggregation Team Thursday, March 24, 2022 12:00 am https://europe.managersofwealth.com/article/99923/pensions-allowance-tax-charges-hit-record-high The total value of LTA charges reported by schemes stood at £342mn in 2019-20. This is a 21 per cent increase from £283mn in the previous period. Pensions Pensions industry fires back at Opperman criticism News Team Wednesday, March 16, 2022 12:00 am https://europe.managersofwealth.com/article/99678/pensions-industry-fires-back-at-opperman-criticism Opperman’s remarks went down badly with a number of the industry’s leading voices. Pensions XPS partners with Abrdn to launch DB pensions master trust News Aggregation Team Tuesday, March 08, 2022 12:00 am https://europe.managersofwealth.com/article/99435/xps-partners-with-abrdn-to-launch-db-pensions-master-trust “This new solution should really help bring governance and efficiency improvements to the benefit of thousands of pension scheme members." Pensions Pension providers call for personalised advice rules News Aggregation Team Monday, March 07, 2022 12:00 am https://europe.managersofwealth.com/article/99382/pension-providers-call-for-personalised-advice-rules “UK’s advice rules (from MiFID) prevent firms providing personalised support to customers given the liability risk," it said in its submission. Pensions Government authorises use of dormant pension assets to "change people's lives for the better" News Team Thursday, March 03, 2022 12:00 am https://europe.managersofwealth.com/article/99279/government-authorises-use-of-dormant-pension-assets-to-ampquotchange-peopleamp039s-lives-for-the-betterampquot The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts. Pensions €43bn pension fund cuts external fund exposure by half in two years News Aggregation Team Friday, February 25, 2022 12:00 am https://europe.managersofwealth.com/article/99130/ampeuro43bn-pension-fund-cuts-external-fund-exposure-by-half-in-two-years Assets under external management hit lowest levels for nearly a decade, as Swedish group focuses on interal efforts. Pensions Pensions platform Guiide considers institutional funding News Aggregation Team Thursday, February 24, 2022 12:00 am https://europe.managersofwealth.com/article/99063/pensions-platform-guiide-considers-institutional-funding Primarily the new funding will be used to develop Guiide+, an extension to its free online pension modelling tools. Pensions Northern Trust Supports AMF News Team Monday, February 21, 2022 12:00 am https://europe.managersofwealth.com/article/98943/northern-trust-supports-amf The implementation of the directive demanded important changes and enhancements to pension fund providers’ business models spanning risk management, governance and member communications. Pensions The growing appeal of green and sustainability-linked loans News Team Thursday, June 19, 2025 1:00 am https://europe.managersofwealth.com/article/123879/the-growing-appeal-of-green-and-sustainability-linked-loans One of the most notable developments in this area is the rise of green and sustainability-linked loans. Planet SOS Impact Report 2024: Sustainable investment as relevant as ever News Team Friday, June 13, 2025 1:00 am https://europe.managersofwealth.com/article/123757/impact-report-2024-sustainable-investment-as-relevant-as-ever Engagement also means bilateral interactions with their investee companies to clear up specific matters such as their links with certain sectors, or their remuneration policies. Planet SOS ESG insights for 2025 and beyond News Aggregation Team Wednesday, June 11, 2025 1:00 am https://europe.managersofwealth.com/article/123685/esg-insights-for-2025-and-beyond The global sustainable fund universeendured its worst quarter on record in the first quarter of 2025, registering net outflows of USD 8.6 billion. Planet SOS How should asset managers balance sustainability and investor returns? News Team Thursday, June 05, 2025 1:00 am https://europe.managersofwealth.com/article/123582/how-should-asset-managers-balance-sustainability-and-investor-returns As a first step, asset managers should integrate financially material ESG data in their investment process since it allows them to take better-informed investment decisions. Planet SOS The rising cost of climate catastrophes – how should investors respond as extreme weather becomes the new normal? News Team Thursday, June 05, 2025 1:00 am https://europe.managersofwealth.com/article/123592/the-rising-cost-of-climate-catastrophes-ampndash-how-should-investors-respond-as-extreme-weather-becomes-the-new-normal Looking ahead, the long-term trajectory is clear: the scale and cost of climate-related events is not only rising, it is accelerating. Planet SOS Schroders publishes first Group Nature Report News Team Wednesday, June 04, 2025 1:00 am https://europe.managersofwealth.com/article/123542/schroders-publishes-first-group-nature-report The report follows the recommendations of the Taskforce on Nature-related Disclosures issued in 2023. Planet SOS Barclays Climate Ventures enables half a billion pounds of climate tech investment since 2020 News Team Wednesday, June 04, 2025 1:00 am https://europe.managersofwealth.com/article/123564/barclays-climate-ventures-enables-half-a-billion-pounds-of-climate-tech-investment-since-2020 Climate tech is key to delivering the next generation energy system, addressing the climate challenge whilst supporting a successful and growing economy with affordable and resilient energy. Planet SOS Managing the growing challenge of global waste News Team Monday, June 02, 2025 1:00 am https://europe.managersofwealth.com/article/123482/managing-the-growing-challenge-of-global-waste The approaches adopted vary by country and have different implications for the environment. Planet SOS Driving change: inside Mercedes-Benz’s bold plan to build carbon-neutral cars News Team Tuesday, May 27, 2025 1:00 am https://europe.managersofwealth.com/article/123370/driving-change-inside-mercedes-benzamprsquos-bold-plan-to-build-carbon-neutral-cars With a legacy that spans nearly a century, Mercedes-Benz continues to define what luxury means on the road, blending heritage, performance and a bold vision for the future. Planet SOS Danske Bank expands its tool box for financing the climate transition News Team Friday, May 23, 2025 1:00 am https://europe.managersofwealth.com/article/123361/danske-bank-expands-its-tool-box-for-financing-the-climate-transition With global emissions and temperatures continuing to increase, climate change remains an urgent challenge. Planet SOS