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

Investing in the New Year: What 2023 has in store

Five trends

Impax Asset Management Group sees nearly £800m inflows in Q1

6.4% increase in AUM

Peter Hargreaves: 'It is hardly surprising' HL's shares 'have collapsed' - reports

Criticises new advice structure

Equity Release Council will 'continue to work closely' with Fos

This year was a record year for the equity release market with more than £5bn of annual lending activity projected for the first time.

Skerritts buys Kent-based IFA with private equity backing

The deal will bring an additional £62mn in assets under management to the group, in its fifth deal since the investment.

UK property fund Q3 redemption deferrals extend to CBRE

Retail funds remain mostly unaffected

Nucleus buys Sipp provider for £242m

Combined group will have £80bn in assets under administration

Atomos to move smaller clients to MPS as part of review

This saw their independent adviser play a part in picking which funds they invest in.

Royal London consolidates with-profits funds

Those invested in the PLAL Sub-Fund will receive a 5.6 per cent uplift to their policy value.

UK equity funds haemorrhage £8bn in ‘momentous’ year

Rate hikes turned asset markets upside down in 2022 as UK outflows swelled eight-fold

Scottish wealth manager AAB reveals acquisition of Kilkee in Aberdeen

The deal will give the enlarged business a team of 25 people, combined revenue of around £4.5 million, and assets under advice of about £550m.

TAM CIO Multi Asset Outlook: It’s always darkest before the dawn

Last year will go down as one of the worst years for clients invested into “protected” portfolios of government and high-quality corporate bonds.

Equity fund flows fall to weakest in eight years

£6.3bn in outflows

Deutsche Börse Sees €1.8trn Order Book Turnover in 7 Months of 2022

Deutsche Börse's order book turnover declined -20% to €92 billion in December 2022.

Scarlettabbott aims to double headcount following investment

Human resources challenges will continue to be one of the top concerns for businesses in 2023, and as such, demand for HR consulting firms like Scarlettabbott remains high.

Home REIT share suspension should be remedied quickly as short sellers achieve victory

The release of the full year report was delayed following the publication of a short-selling report by Viceroy research in late November.

European private equity yet to spend €270bn worth of capital

Deployment of capital expected

BearingPoint boosts banking, insurance and asset management capabilities by acquiring Levo Consultants

Synergies with Levo Consultants will enable the management and technology consultancy to approach customers with stronger offerings and teams.

Legal & General Capital commits £5bn of alternative asset investments globally

Despite globally economic uncertainty, Legal & General Capital has significantly increased its alternative asset commitments in 2022

Aegon: ‘2022 was not a year many will want to remember’

There may also be a chapter on the three prime ministers, four chancellors and three Budgets., he said.

Alternative Investments