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

Bank of Valletta plc issues its half yearly results

Growth in deposits coupled with persistent negative interest rates continued to exert pressure on the bank’s net interest margin.

Amati AIM VCT’s raises record breaking sum

It streamlines investor and financial intermediary engagement with the Offer, centralises Offer oversight, delivers real-time Offer statistics, and eliminates the administrative delays associated with paper-based application processes.

UK listed firms attract £12bn more from investors

Research shows investors injected £12bn more into firms in the first half after last year's record fundraise, as they battled to stay afloat following the devastation of Covid.

Aviva and Nationwide join £2.5 million round in mortgage broker Tembo

Deposit Boosts work by allowing a willing family member to unlock money from their existing property, using that capital to top up the first-time buyer’s deposit or create one from scratch.

Generali on track to meet FY goals after solid first half

Generali said in a statement it would successfully complete the current strategic plan at the end of 2021

L&G protection profit ticks up despite Covid claims

“Although we retain the majority of our exposure in the US and in UK group protection.”

TISE launches Qualified Investor Bond Market (QIBM)

The QIBM represents a dedicated exchange offering for the listing of bonds marketed to ‘qualified investors’

Axa IM head of US fixed income, Carl Whitbeck, dies

Experienced bond fund manager dies following car accident.

Close to £124m still trapped in Woodford fund

The “most notable” of these investments was £0.7m invested in Mafic, involved in the production of basalt fibre in the US.

AIF pre-marketing: what fund promoters need to know

This could present challenges for promoters seeking to access EU investors from outside of the EU.

Jupiter's net outflows accelerate

Shares down 8% in early trading

City 2040 Report

Rapid change in commerce and technology is demanding new strategies for how we organise our working and social lives, as well as how we interact with space.

Can a family become a brand in its own right?

Almost 60% of respondents thought their family was to some extent a brand in its own right.

Lloyds buys platform business for £390m

The sale presents a significant opportunity for the Embark business to continue its rapid expansion, as a wholly owned subsidiary of Lloyds Banking Group.

Royal Bank owner in Irish asset sale

NatWest revealed its intention to withdraw Ulster Bank from the Republic of Ireland in February.

Lloyds Banking Group to unveil £400m takeover of savings group Embark

The UK’s biggest high street lender will announce its most important strategic acquisition since it was returned to full private sector ownership alongside half-year results on Thursday, Sky News learns.

HSBC AM launches Sustainable Healthcare Fund

These companies will have a clinical and cost savings focus, aiming to improve healthcare affordability.

Antin Infrastructure Partners acquires Pulsant

Pulsant was advised by Jefferies International Limited (financial adviser) and Ropes & Gray LLP (legal counsel).

Consultants see continued drive towards ‘alternative’ private debt, including regulatory capital and direct lending strategies

FEG is a Cincinnati-based investment consultancy advising a combined AUM of USD14.9 billion, primarily for non-profits such as endowments and foundations.

L&G launches later life mortgage portal for advisers

“As an adviser, online portals are a fantastic innovation – they mean hanging on the phone is hopefully a thing of the past.”

Alternative Investments