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

Türkiye's inflation to fall sharply: Europe's largest asset manager

Strigo said the financial returns are attractive, which warrants the asset manager to take a more medium-term view, with six to 12 months.

Chancellor looks to ‘Canadian model’ pensions for UK

Reports suggest Rachel Reeves is looking to consolidate public pension funds to unlock more private investments.

Drawdown the ‘dominant’ retirement strategy despite improved annuity rates

Despite this, only 11% of client assets are held within annuities.

Alternative Credit Awards: Shortlist unveiled

The shortlist for the Alternative Credit Awards has been released, recognising the most influential players in the private debt industry.

Goehring & Rozencwajg establishes UK feeder fund

To capitalise on the growth of the commodity market, Goehring & Rozencwajg starts a UK feeder fund.

Berlin-based ACE Alternatives gets a seven-figure seed to redefine alternative fund management

This investment will drive ACE’s expansion into new markets and the enhancement of its tech offerings.

SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its cation plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

European IPO momentum sees funding quadruple in 2024

The global initial public offering (IPO) market endured something of a meltdown in 2022, and struggled throughout 2023.

Boutique Investment Bank Ardea Reportedly Eyes UK Expansion

The report noted that boutique operations in Great Britain have increased in prominence, taking almost 40% of takeover advisory fees in the first six months of the year

AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP

AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP, ushering in a new chapter for AVP as an independent private investment company.

Legal & General’s affordable housing strategy grows to £280m following GMPF investment The Greater Manchester Pension Fund (GMPF) invests £120m into Legal & General’s

Affordable Housing Fund, as it continues to invest to increase much-needed affordable housing supply in England.

Quilter Investors adds alternatives to Cirilium Passive for first time

These strategic asset allocation changes mean the Cirilium Passive portfolios now have access to a wider investment universe, but crucially at no extra cost for clients.

UK investment management industry AUM grows to £9.1trn

The IA said the growth is “testament to the resilience and global appeal of the industry, despite a challenging year.”

IA: UK investment management industry reaches £9.1trn in AUM for 2023

Allocation to UK equities falls 10% in 10 years

Eurazeo acquires French asset management boutique for €350m

The investment in Eres Group represents the 5th transaction for the ECV fund

Royal London AUM rises to £169bn as workplace pensions business grows

Its operating profit before tax rose from £127m to £144m as life and pensions new business grow.

Iress completes sale of mortgage business to Bain

Iress’ Mortgages business provides mortgage sales and origination software (MSO) and associated consulting services to banks and building societies in the UK.

Fundsmith buys into growth investor favourite

Highly-regarded Swedish industrial Atlas Copco is also held by Baillie Gifford.

London Stock Exchange Group plc Interim results for six months ended 30 June 2024

This reflects the strength of our proposition, the improvements we have made to our products and the depth of our relationships with customers.

Northern Venture Trust PLC Result of Annual General Meeting

The resolutions included those to re-elect as directors Deborah Hudson and David Mayes and to elect as a director Brigid Sutcliffe who was appointed to the Board on 2 April 2024.

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