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

Asset managers with £6.5tn sign up to tackle diversity greenwashing

City Hive has launched a new framework to measure the investment sector's progress on diversity

UK property firms Capco, Shaftesbury in talks on reported $4bln merger

The potential deal comes as London has started to pick up from pandemic lows and travellers get back on planes with easing of COVID-19 quarantine rules after nearly two years

Amati launches strategic innovation fund

Investing in companies at the leading edge of innovation and change within their industries

Why this Swiss PB’s CIO is giving hedge funds another shot

Banque Heritage’s Jean-Christophe Rochat is chasing bond-like returns, but bonds are no longer the most obvious place to look.

CAIS and Advisor Group partner to provide alternative investment education

All funds will undergo Mercer’s third-party independent due diligence, giving Advisor Group’s Home Office and financial advisors additional confidence on the funds they select for their clients.

Azimut expands global presence with new office in Portugal

Most recently, the treatment on cryptocurrency income in Portugal has generated significant interest in the country

WisdomTree hits back at "false and misleading" shareholder claims

WisdomTree fights against investor claims

IFA deals becoming more about profitability than income

Isaacs said this change has been largely driven by private equity investors, which will buy consolidators at a multiple of EBITDA.

4th credit union collapses this year owing £1.3m

The City of Plymouth Credit Union Limited in Devon, which had 2,348 members, was declared in default by the FSCS in April owing £1.2m in total.

FRP acquires Bridgeshield Asset Management

The latest example of this sees FRP acquire Bridgeshield Asset Management, in a deal which concludes for an undisclosed fee.

Golding study explains excess private equity returns

The study carried out in association with Professor Oliver Gottschalg from HEC School of Management Paris shows that the excess return from private equity is persistent over the period 2000-2021.

Fore Partnership Secures Investment from KKR for Sustainable London Development TBC.London

KKR’s Real Estate platform shares FORE’s commitment to sustainability, with ESG criteria embedded into its investment process and a dedicated, bespoke strategy of environmental and sustainability improvements for each investment.

RBS International delivers asset-backed facility to SME investment fund

RBS International has provided a £33.3m hold to allow support for UK SMEs

The Investment Association: Investors withdraw £7bn from funds over three months

£3.4bn outflows in March

Ex-Jupiter board member slams management in scathing open letter

Among his concerns are consistent net outflows — averaging £4bn a year over the past four years — waning performance, and a significant fall in its operating margin over the past five years.

Jupiter has ‘lost its way’ and risks takeover, says former board director

Jon Little, who holds millions of pounds of shares in asset manager, calls for strategy shake-up

Arma Partners appoints six new partners and managing directors

During his career, he has advised private equity and corporate clients, including Nikon, Colt Group, Fairfax Media, FPE Capital, Foresight Group and Bowmark Capital.

Pat Sanderson and Leanne Barnham join Ninety One’s UK Client Group

Ninety One has announced the appointment of Pat Sanderson as Head of Business Development, UK and Leanne Barnham as Head of UK Marketing to the 30 strong UK Client Group.

Hargreaves Lansdown preps for fund launches with series of hires

19 funds planned

Schroders Capital appointed by Nest to manage private equity defined contribution allocation

The Schroders Capital team has created a bespoke fund for Nest, making it one of the first UK defined contribution schemes to invest directly into private equity.

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