Managers of Wealth

BNY Mellon Acquires 100% of WestLB Mellon Asset Management

WestLB Mellon Asset Management was formed in early 2006 as a 50:50 joint venture between BNY Mellon and Portigon.

London-based wealth manager in £3.5m bolt-on

Acquisition follows plans, announced last year, to increase private client wealth management proposition.

Real estate to remain key asset class for Asian UHNW

Wealth-X estimates in a new report that there are 11,730 ultra high net worth (UHNW) real estate investors in Asia with a combined net worth of US$1.9 trillion, of which US$250 billion is in real estate assets.

Alexander Beard Group in Outsourced Investment Partnership

Cheshire headquartered international financial services firm, ‘Alexander Beard Group plc’, has entered a partnership agreement with London & Capital, to provide an outsourced, discretionary managed investment proposition for use by its UK-

Impax AUM falls

The Board expects the Company's operating earnings to be broadly in line with market expectations.

City Financial acquires Eden Financial AM

City Financial has bought the asset management arm of Eden Financial in a move to bolster its UK equity, fixed income and multi-asset presence, Investment Week can exclusively reveal.

Fairbairn name may disappear as Nedbank restructures HNW proposition

Nedbank Group Board took the decision to consolidate the group’s HNW client offerings

Blacktower opens office in Tenerife

The new Tenerife office brings Blacktower’s office portfolio to eight

Affluent Americans Ready to Take On More Risk - RESEARCH

Merrill Lynch Wealth Management has released findings from its Merrill Lynch Affluent Insights Survey, a report examining the values, financial priorities and concerns of affluent Americans.

Too much gold and just nowhere to put it?

Barclays new vault opens for gold

UBS Confident Wealth Management Americas Can Reach Target

“At the margin, we get the sense that investors are slightly more positive than they were a year ago.”

Asian Philanthropists Constitute 45% Of The Top 20 Next Mega Donors

"The opportunities for fundraising professionals are immense."

European Wealth makes third acquisition in South East push

The acquisition is European Wealth’s third in the two years since it launched.

HSBC takes wealth management to MENA

HSBC Global Asset Management has made a foray into wealth management in the Middle East and North Africa (MENA) region.

Morgan Stanley debuts ad campaign for renamed unit

To introduce the name change, Morgan Stanley this week rolled out an integrated ad campaign

Wealth management firms handle uncertainty

"There’s an overall higher level of pessimism than average."

Panmure eyes move into wealth management

Panmure Gordon is expanding into wealth management as part of efforts by its new leadership to diversify the business, as the UK broker swung to a profit in the first half of this year.

Rowan Dartington launches IFA business

UK wealth managers are bolstering their investment advice services in preparation for next year’s retail distribution review, which changes the fee structure for financial advisers.

New head of Catella’s wealth management announced

The integration of the two sets of operations in Catella Bank will strengthen the range of services offered to clients, with both superior management services and borrowing and lending arranged by the bank.

Ex-Bluefin practice head joins Best Practice

Best Practice has also taken on board Arch Financial Planning, a firm with eight advisers and around £90m assets under advice.

Wealth and Asset Management