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

An introduction to the FCA’s new Prudential Regime for Investment Firms (IFPR)

In this briefing we aim to provide an overview of the key proposals as well as answers to some commonly asked questions.

LFDE launches global future leaders fund

The multi-thematic fund aims to invest in future leaders of the world economy.

CLSA and BNP Paribas Securities Services partner up

The partnership between BNP Paribas and CLSA builds a strong bridge between China and global buy-side institutions via the MAP Model.

Credit Suisse to take $450m hit on hedge fund business

York Capital Management to restructure

Phoenix mulls sale of European businesses

Phoenix Group bought Standard Life Aberdeen’s insurance arm in August 2018 for £3.28bn.

Aviva to sell entire shareholding in Italian joint-venture

In addition, a subordinated loan of €40 million provided by Aviva Italia Holding S.p.A. to Aviva Vita, will be repaid in full at completion.

Alpha Beta Partners secures MitonOptimal in UK acquisition

Alpha Beta Partners, the multi-asset manager has announced its planned acquisition of MitonOptimal UK, the Bath-based investment manager, has now received FCA approval for the Change in Control.

Ross Trustees secures private equity backing

LDC investment director Phil Hinson and head of Midlands Richard Whitwell will join the board as non-executive directors following the investment.

Janus Henderson under pressure as Trian eyes consolidation

The $358bn manager is struggling to prove its worth following its 2017 merger — but would another deal help?

UBP eyes distressed fund as pandemic creates opportunities

UBP’s Kier Boley discusses where he is finding opportunities in hedge funds and why he thinks global macro strategies might make a comeback.

Invesco’s UK investment chief targets performance turnround

Stephanie Butcher has the task of rebuilding the asset manager’s reputation after some tough years

A big win for championing customers and brokers

These awards highlight that we’re getting it right for our broker partners and customers while continuing to innovate and provide excellent customer service.

Norway’s $1.2tn oil fund to use more external managers

Move by sovereign wealth fund would mean an increase of $18bn placed with outside managers

Amundi and BNP vie for SocGen asset manager Lyxor: sources

Reuters reported on Sept 20 that the French bank had hired Citigroup to oversee the sale.

Wider market hit by first-time buyer hurdles

“It simply doesn’t make sense and they have decided to rent for another year and see where they stand in 2021.”

New Schroders trust will not ‘fish in same pond’ as Woodford

Rory Bateman, head of equities at Schroders, said: “This is a once in a generation opportunity to get into UK equities on the public and private side."

OYSTER Sustainable Europe fund obtains SRI Label

The OYSTER Sustainable Europe fund has obtained the SRI Label, after a labelling process carried out independently by EY (Ernst and Young), based on precise and demanding specifications.

Polar assets bolstered by £2.4bn tech inflows

With our highly active specialist funds, we are well positioned to perform for our clients and shareholders over the long term.

German investors urged to build up global portfolio to boost returns

Germany is also “overrepresented” for bonds, albeit less strongly than for equities, with 13.7%, compared to 5% in the BofA Global Broad Market Index.

UK investors up the pressure on companies that fail to address diversity and inclusion

Diversity and inclusion have become a priority for institutional investors in the UK, two thirds of which say their firms are excluding companies from their investment portfolios if they fail to meet certain thresholds.

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