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

Hedge Funds Face Backlash From Europe in Bond Market

Spain, France and Italy have moved to curb orders from hedge funds to avoid demand for new bonds from appearing inflated, bankers say

UK hedge fund Gladstone wrongfooted by powerful market rotations

Bets against a clutch of European stocks disrupted by improving global outlook

EBRD backs first green bond issued by a bank in Romania

The EBRD aims to become a majority green bank and dedicate more than half of its work to climate finance by 2025.

Environmental factors are critical for young investors

The survey, conducted in conjunction with retail investment website Boring Money, spoke to 1529 retail fund investors.

Carey Olsen and Northern Trust support Pureos Bioventures on debut fund launch

It will invest in innovative private drug development companies with an emphasis on novel biological drugs and emerging modalities such as nucleic acid, cell and gene therapies.

Canada Life: Equity in UK homes exceeds £650bn for first time

This was closely followed by London which now has £123bn of potential equity or £161,276 per household.

Lloyds closes in on £400m deal to buy retirement provider Embark

This would be one of Lloyd's biggest deals since it was bailed out to the tune of £20bn during the financial crisis and could close this month.

Post-Brexit Guernsey: A promising growth opportunity for investment professionals

Guernsey can offer both new fund establishment as well as re-domiciliation (the increased ease of which is proving increasingly popular).

Furious AstraZeneca pay clash rocks City: Top investors at loggerheads over £2.3m bonus hike for boss Pascal Soriot who delivered jabs triumph

The plan could take his overall pay, which includes his £1.3million salary and other perks, well above the £15.4million he received last year

PGIM pursues hearts and minds in Europe

‘It was early in the morning, the US wasn’t up yet, and I had to make the decision’

Norway wealth fund manager rethinks hiring plans amid ‘huge’ cyberrisk

The 54-year-old CEO says he's also interested in talking to so-called ethical hackers.

AIG reveals strong Q1 results

Net premiums written (NWP) in the first quarter of 2021 increased 9% to US$6.5 billion due to strong growth in commercial lines insurance both in North America and AIG’s International business.

£30bn UK pension fund turns up the heat on boards lacking diversity

Latest report by Brunel Pension Partnership hardens stance on voting against firms falling short on disclosure and representation.

Liontrust launches ESG investment trust

Research commissions by the company revealed that over 70% of wealth managers and financial advisers have seen more clients investing sustainably over the past year

Golding raises €440 million for infrastructure fund of funds

Golding Infrastructure 2020 is a fourth-generation fund and will pursue the successful investment strategy of its predecessors, with a global approach diversified by sector.

Willis Towers Watson announces latest version of its DataValidator technology due for release

With insurers under pressure from increasingly complex reporting requirements, DataValidator 2.2 delivers accurate and reliable data with improved speed and efficiency.

Investors flood out of US funds as interest rate concerns rise

In total there were net inflows of £4.4bn - compared with some £9.7bn in outflows seen a year ago at the height of markets' coronavirus crisis.

Europe Loan Market in Lull as Mad Dash for Cash Becomes History

Loan demand, specifically from high-grade companies, “has been covered by an exceptionally high volume in the fixed-income markets,” according to Reinhard Haas, Frankfurt-based head of syndicated finance at Commerzbank AG.

Aviva widens advice offering to investments

Aviva will now provide investment advice on Isas, general investment accounts/open ended investment companies and onshore bonds.

Just Mortgages gives brokers option to work from home

“The pandemic has opened up a lot of eyes to the potential of working from home, and we’re really confident this will help our brokers to continue to deliver exceptional service.

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