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

BlackRock AUM drops CHF 1tn, with long-term outflows in EMEA

The world’s largest asset manager’s AUM fell to $6.4tn (CHF 6.2tn), compared to $7.4tn (CHF 7.2tn) at the end of 2019.

Premier Miton launches adviser platform

Connect provided a “valuable service” for advisers, adding it would be particularly benefit for advisers’ clients hold Premier Miton’s multi-asset funds.

Trustee Of The Co-operative Pension Scheme’s £400 Million Buy-In With Pension Insurance Corporation plc

The buy-in marks PIC’s second deal with the Scheme this year, following a £1bn buy-in with the Co-op Section in February 2020.

Euroclear Business and Financial Update - Q1 2020

Central banks lowered policy rates in response to the economic crisis

Schroders concludes £75bn Scottish Widows and Lloyds assets transfer

Schroders and Lloyds unveiled their joint new financial planning business called Schroders Personal Wealth last year.

Amundi moves into fourth spot in European ETF issuer AUM rankings

Some of Europe’s other top ETF issuers were also hit particularly hard as the ETF businesses of BlackRock and DWS suffered heavy losses with outflows worth €6.6bn and €4.8bn, respectively.

Covid-19 and the Fund Finance Market

Both the mainstream and private equity press have been raising concerns around Investor liquidity

Investors pull £5bn from Jupiter and Merian

The Global Equity Absolute Return fund was the hardest hit at Merian, with investors pulling a hefty £1.4bn from that fund alone.

More Dividends Pulled Despite New Virus Hope

Ultra said demand in defence markets and most of its critical detection and control markets remains robust.

Islamic investment opportunities open up in Scotland

Islamic banking and financial services reached Scotland in various steps.

Ogier in Guernsey advises on the acquisition of the historic Holborn Links Estate

The Estate is located in the heart of Bloomsbury

AXA’s Architas launches Asia asset management business

Meanwhile, Architas global head of client group, Nicolas Deschamps, and global chief investment officer, Jaime Arguello, were designated as offshore responsible officers.

River and Mercantile Group set to complete £1.6bn Smurfit Kappa UK Pension Fund Mandate

Smurfit Kappa UK was one of the earliest adopters of Fiduciary management mandate of c.£630m and an LDI allocation of c. £530m, in January.

Trapped UK property fund investors charged £10m a month

At least 10 daily traded funds managing more than £13bn in assets are suspended

Financial advisory firm opens France office

Lack of competition in the expat adviser sector has ‘bred complacency’

High Yield Braces For Fallen Angels - Fidelity White Paper

This has significant implications for a global high yield market already reeling from the abrupt economic downturn.

Investors Exit Aircraft Leasing Funds — WSJ

Two of the five LSE-listed aircraft funds have suspended dividend payments and share prices are down between 42% and 74% since mid-February.

Directors' Duties: Striking Off: Think Carefully, Are You Putting Yourself at Risk?

This is not least because a poor decision can be revisited many years after the date of dissolution or striking off.

Managers reiterate business support in coronavirus period

Companies should maintain an open dialogue, in part to help shareholders and stakeholders support management teams and boards as they focus on the most business-critical issues affecting their long-term sustainable futures.

KBI Energy Solutions Fund wins Best Fund Award

The KBI Energy Solutions Fund has been distributed widely in Taiwan since 2007 and also received this Award in 2016.

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