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

AssetCo acquires Edinburgh-based fund manager for £2.8mn

AssetCo said its board believed there were “significant opportunities” to enhance the distribution and appeal of the UK dynamic fund and to widen the funds offered by the company.

Franklin Templeton launches Shariah-compliant tech fund

Asset manager strengthens specialist investment opportunities with new strategy for manager who runs existing $10.5bn strategy.

Jupiter CEO rules out M&A as profits rise

Overall, the group suffered net outflows of £3.8bn despite gross inflows of £16.5bn.

Jupiter suffers £3.8bn of net outflows in 2021 despite AUM increase

The company noted that strong investment performance in rising markets enabled it to benefit from market returns in excess of these flows, at £5.6bn.

Allfunds sees 37% increase in year-on-year revenues

Regarding the appointment of Perera, Alcaraz said: “Allfunds is committed to identifying and growing talent internally and Álvaro is a true testament to this."

Vanguard unveils digital investment service in Germany

Savers ‘for too long, have been poorly served with high-cost, complex’ products

Munich Re forecasts 2022 profit lift after pandemic rebound

For the current year, Munich Re forecasts profit of 3.3 billion euros.

LV: We’ll always see a role for the adviser

LV has its own adviser, which Bolton said it will “continue to develop” though it is ultimately “small in the grand scheme of things”.

Private equity returns beat listed stocks again, study shows

Hamilton Lane’s market overview for 2022 shows that private equity funds generated an extra 83 cents per dollar invested since 2017.

Moneybox moves into ETFs

Including exchange traded funds from Vanguard, iShares, Legal & General and UBS.

Three new European VC funds launched this month

Backed, LSP and Lauxera Capital Partners have all launched venture capital funds in Europe this month, with the most recent being a €150m fund from VC firm Backed.

Progeny acquires IFA taking Aum to £3bn

As a result of the deal, Ian Browne, RU Group’s head of advice, will become chief of advisory services at Progeny.

AJ Bell warns 850k savers risk sleepwalking into bond crash

An estimated 850,000 pension savers are invested in lifestyling funds

Interest of US buyers in acquiring UK companies grows

Almost two-thirds of the firm offers announced in 2021 were from such sources.

Zurich private equity firm rebrands

The company was founded in 1982 and specialises in the European mid-market segment.

Sanne shortlisted at the Hedge Fund Management European Services Awards

The awards annually recognize and reward European hedge fund service providers who have demonstrated exceptional client service, innovative product development and strong and sustainable business growth over the past 12 months.

Allianz posts strong results

Allianz proved its resilience and adaptability.

AssetCo profit soars to 'transformational' £16.1mn

It also owns 5mn shares in River & Mercantile, and its offer to take the company over was confirmed last month.

‘We didn’t need to build our own platform’: LV

Upon coming in, it was Bolton’s job to begin the “recovery process” following a major demerger with its general insurance business, which it sold between 2017 and 2019.

Hiro Metaverse Acquisitions SPAC Listed On LSE

SPACs are primarily set up to raise capital through an IPO to subsequently acquire or merge with an existing publicly traded company.

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