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

HNWs and surging cost of living drives increase in equity release

The trend is being driven by those at the top end of the market who may not be facing the same financial struggles as the average homeowner.

Aegon issues fifth distribution as property fund wind-up approaches anniversary

Further £18m

Cleveland Potash pension schemes appoint WTW’s OneDB

Raft of recent client wins takes OneDB’s consolidated pension service to over £4bn in assets under management across 22 clients

BoE mortgage stats show uptick in lending as buyers rushed to beat rate hikes

The value of new mortgage commitments also grew considerably in Q1 2022 to £82.5 billion, up 6.7% on the previous quarter and 6.6% compared to the previous year.

Syz Capital eyes Singapore and UK expansion amid niche strategies push

Geneva-based alternative investment manager is aiming to double its headcount in the next two years.

How the top three growth-focused Euro equity managers compare

The best managers in the sector have had a successful run over the past two years, but the current economic environment is hurting the rally.

Stronger nudge: a push to Pensions Wise

The changes implement a requirement under the Financial Guidance and Claims Act 2018 and are designed to increase take-up of the Pension Wise service.

Opperman supports public sector DB reform

Opperman added that a reform would apply “as much to the civil service and to members of parliament or anybody”.

Scottish Mortgage leads FTSE slide after surprise GDP slip

The FTSE 100 fell 76 points, or 1%, to 7,243, while the more domestically focused FTSE 250 slumped 2% on a slew of worrying data both at home and abroad.

Downing sells VCT business for £17.8mn

Foresight is planning to grow its AUM by 20-25 per cent per annum, and to grow Ebitda by 43 per cent over the “medium term” it said in a statement today.

MilleniumAssociates AG advises KX Power on a Battery Storage Joint Venture with BlackRock

MilleniumAssociates’ Entrepreneurs and Corporates team applied their energy and infrastructure expertise and advised KX Power concerning financial aspects of the transaction through deal closing.

Liquidity: has the tide now turned?

Changing macro environment

Investors demand for UCITS drops 4.5%

Net outflows reach €90bn

Robeco launches quant-backed sustainable credit strategy

The Article 9 fund will focus on UN’s Sustainable Development Goals be and benchmarked against a Paris-aligned index.

Baillie Gifford UK Growth to stick to guns despite performance drop

“The past year has not been a supportive period for growth investing,” they said in their manager's report.

OECD: UK growth will hit zero in 2023

Worst in G20 bar Russia

Morningstar: Praemium has ‘strong growth trajectory’ in UK

It also experienced the largest year-on-year growth of assets of any other advised platform between 2021 and 2022, up 35.52 per cent over the past year.

BW appoints 7 partners as growth continues

BW has also this month split off its Pension Executive and Management Services arm as a standalone, specialist business area to underline the importance of pension management services to trustees.

Neuberger Berman and UBS revamp stars' bond fund to target SDGs

The investment team will now work with high-yield issuers to ensure the United Nations' Sustainable Development Goals are met.

SiriusPoint outlines Lloyd’s SIMA sale to Mosaic

SiriusPoint will retain its UK Branch operations, inclusive of Syndicate 1945.

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