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

Praxis Fund Services supports launch of LSE’s first SPAC

SPACs are now able to remain open for trading following an acquisition announcement providing it meets and complies with various investor safeguarding requirements.

Abrdn seals £1.5bn Interactive Investor deal

Our management will remain the same

Fund manager M&A hits new high in Europe as deal value soars to $12bn

Deal flow comfortably passes the already-bumper figures reported last year

Cazenove Capital launches new donor-advised fund

A donor-advised fund account is a philanthropic fund established under a charity, which administers the fund to benefit specific causes on behalf of a donor.

Apex Group wins new mandate from life insurer

These services will be supplemented with Apex’s Middle Office solution. Apex’s Middle Office services are seeing growing demand from institutional investors including insurance firms, pension funds, endowments, and alternative managers.

EBRD extends €25 million loan to Erste Bank in Serbia

The loan will provide short-term liquidity to Erste Bank’s clients in Serbia and help alleviate the negative impacts of the Covid-19 pandemic.

Aberdeen Standard Asia trust changes fee structure

The changes have been proposed by the board in order to ensure it can continue to invest in companies that can deliver the best returns for shareholders, “and not to be inhibited by the enormous difference in the relative size of the Asian market.&a

Pamplona Capital Management to Acquire EET from FSN Capital

EET is led by CEO Søren Drewsen, supported by a deep and highly experienced management team.

Aegon UK multi-assets solutions business reaches £1bn AUM

Comes two years after launch

Threadneedle merges UK funds but AoV shows receiving fund still only rated moderate

UK fund is £1.8bn

BB Entrepreneur Europe Fund is now Bellevue Sustainable Entrepreneur Europe

The portfolio management team headed by Birgitte Olsen strives to identify the leaders in terms of operational sustainability as well as companies that will provide the most promising solutions for a greener planet and that are pivoting their business mod

Allica scoops £110 million in Series B

The bank, which combines proprietary technology with a network of regional relationship managers, has so far raised £233 million

Investment Week reveals winners of Women in Investment Awards 2021

Congratulations to all the winners

Poll: Is private equity involvement in platforms positive?

“If they want to maximise value, the business has to be seen as valuable in the long term,” he argued.

British Business Bank report highlights spike in UK VC fund performance

The British Business Bank report, ‘UK Venture Capital Financial Returns 2021’

Goodbody Stockbrokers returned to profit ahead of sale to AIB

Broker recorded pretax profit of €5.5m

GMG launches real estate fund

The strategy, which is domiciled in Luxembourg, will finance a development project for a residential neighbourhood in Lisbon.

Apex and CSC Said to Weigh Rival Offers for Intertrust

Deliberations are ongoing and there’s no certainty either firm will decide to proceed with offers, the people said.

Barings shuts strategic bond fund as assets dip below £30m

The strategy, run by Brian Mangwiro, has had net outflows of over £11m in three years.

Investment Company of the Year Awards 2021 - the night in pictures

Awards ceremony on 18 November

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