Europe
Edmond de Rothschild buys 42.5% stake in UK family office
Deal will help serve clients ‘who continue to see London as a major financial hub post-Brexit’
UBS sells off wealth management arm in Spain
It remains ‘committed’ to its ‘main European markets’
PEOPLE MOVES: Holborn Assets, Vitality, Deutsche Bank WM
Advice firm names managing partner of Middle East region, while UK insurer bolsters life operation
1,400 investors given compensation hope after decade-long wait
€66.5m misappropriated but lifeboat scheme objects to clients getting back more than they put in
Morningstar IM creates multi-asset range to serve global clients
Advisers ‘increasingly looking to provide investment solutions’ to customers with money outside UK