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

Schroders will initially manage nearly £400 million of Utmost Life and Pensions’ annuity book.

The group anticipates an estimated gain on disposal of approximately £59 million.

Brookfield and its UK portfolio companies employ approximately 23,000 people across the UK.

Together with an existing 2.7% stake, ING will hold a 20.3% stake in Van Lanschot Kempen after completion of the transaction.

At the same time, the generational shift among investors will demand a new level of digitalisation.

Sage Wealth Management are aiming to reinforce their business commitment to the community and strengthen the Hexham team.

The Board further proposes the election of Sylvia Steinmann as a new independent member of the Board of Directors.

That also presents investors with a potential opportunity in fixed income.

The bank's customer business continued to develop positively.

2024 presented a mixed environment for UK consumers.

Full-year results reveal the impact of Ben Whitmore’s exit and the loss of the Chrysalis investment trust last year.

A notable trend is the increasing demand for personalised, tech-enabled services, prompting firms to invest in digital platforms and analytics.

It’s understood that a sale to a bank or PE firm is likely next year.

2024 is the first full financial year following the combination with IW&I.

The company says it “is currently working with wealth managers and investment platforms overseeing more than £50bn in assets”.

Milan-based buyout firm is working with Rothschild on deal

The multi asset strategy will be adjusted through time in line with the fund manager’s active strategic and tactical asset allocation views.

This represents an increase of 9% compared to the dividend for the 2023 financial year.

The round was led by Motive Ventures, joined by Battery Ventures and existing investors Earlybird, JME Ventures, and 4Founders Capital.

She brings significant experience from both the UK and US, having worked in New York for 6 years.