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

Part-timer Jacob Rees-Mogg lines up £1m payday

Under a complex formula, part of the profit will go to Mr Rees-Mogg, one of the most prominent Brexit-supporting politicians

Parmenion launches solution due to ‘adviser demand’

The company says that since pension freedoms, advisers have had “increasing responsibility” for helping clients manage their income in retirement.

UK largest listed fund manager provides mixed update for investors

Group sees steady rise in assets under management, however net outflows of funds continue

M&G acquires landmark office in Edinburgh for international investor

M&G Real Estate said it had a long-standing presence in Edinburgh and continued to invest heavily in the city, most notably as part of the 4-acre mixed-use Haymarket development.

Aviva reports steady results and confirms review of its Asian business

The first half results were rather mixed with profits from general insurance up 29% but those from life insurance and fund management were both down.

Savills Blames Brexit and HK Protests for 12% Drop in Profits

Savills group chief executive, Mark Ridley, said the drop in profit was due to political and economic uncertainty in many markets, particularly in the UK and Hong Kong

What future do boutique fund managers have?

Many believe this is a direct consequence of complex and costly post-crisis regulation.

Hargreaves Lansdown bosses give up bonuses in wake of Woodford woes

It is also believed that company bosses will restate their call for Mr Woodford to drop his management fee for as long as the fund remains suspended.

Hedge funds short Jupiter and Schroders amid fund industry woes

Steven Cohen among the short sellers betting against the UK investment industry

Swiss Re subsidiary makes $515 million acquisition

The transaction will mean passing on 200,000 customer policies

London property developments expect proximity to famous landmarks will boost sales, prices

Greenwich Peninsula, Marylebone Square and Battersea Power Station bank on iconic buildings and addresses to attract buyers

KKR to acquire majority stake in German fintech heidelpay from AnaCap

KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.

The Times view on Al Rayan bank: Finance for Fundamentalism

A bank owned by the Qatari state is providing services to Islamist-linked British groups that have been shunned by other UK banks.

Alternative finance pioneer looks to offload peer-to-peer holdings

The move comes as the industry falls under increasing scrutiny following the collapse of peer-to-peer lender Lendy

UK plc posts weakest performance in three years as economic slowdown takes its toll

The top-line performance was poor for larger and smaller companies alike.

LSE confirms £22bn Refinitiv merger

The Transaction brings together two highly complementary businesses to create a leading, UK headquartered, global financial markets infrastructure provider

Landmark Office Building Acquired for £68M

The grade II-listed building is multi-let to tenants, including the secretary of state for defence, Brabners, Jackson Canter, Regus, DLA Piper and Brookes Bell .

Allianz Profit Climbs as Pimco Lures $25 Billion New Money

Property and casualty insurance hit by lower investment result

Private investors commit GBP8m to Connection Capital fund

The alternative lending market is one of the fastest growing sectors in the UK, driven by advances in technology, increased access to data, a supportive regulatory environment and increased willingness on the part of consumers and SMEs to engage with non-

Investors' risk aversion sees Amundi's AUM drop €4.8bn in Q2

Treasury products proved to be the biggest source of outflows, with a loss of €13.4 billion over the first six months of the year

Alternative Investments