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

Odey profits double

Odey Asset Management’s pre-tax profit rose by nearly 97% to £17.5m due to better market movements, following woeful performance in its previous set of results.

PGIM spies opportunity in Berlin property

This acquisition demonstrates again our ability to identify attractive properties in a highly competitive market, in line with our investment strategy and in the interest of our institutional investors.

Aviva Investors sees ‘modest but meaningful’ improvement in global growth outlook

This is still below potential, implying that already-muted inflation pressures are likely to remain so for the foreseeable future.

Seedrs reports 49 per cent investment growth in 2019

In 2019, Seedrs helped businesses from 16 different countries raise funds, and received investment from 78 different countries.

Woodford and Newman shared dividends of £13.8m before closure

The company reported profits after tax for the year to end of March of £16.2m, significantly lower than the £33.7m profit it made in 2018.

Housing forecast 2020:London house prices, Brexit and beyond — the lowdown on this year's property market

As years of Brexit fug begin to clear, industry experts forecast double-digit growth in the price of homes in the capital.

Why Alasdair McKinnon, contrarian boss of The Scottish, tips ‘ugly duckings’

Alasdair McKinnon invests trust money in unloved sectors not fast-growing tech

Irish investors to get access to cannabis fund

Canadian fund manager brings first exchange traded fund option to European market

GAM seeks to move tech fund away from tired definitions

The investment group is to drop emphasis on traditional sectors as fund manager seeks to focus on disruptive thinking.

Investor confidence down by 1.3 points in December

The Investor Confidence Index measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors.

What is the outlook for Europe in 2020?

All eyes on the ECB

Capacity concerns prompt £9bn downgrade of Lindsell Train funds

Nick Train’s investment trust suffers smaller downgrade thanks to closed-ended structure

Hermes CEO recognised in New Year’s Honours List

With Hong Kong businessman given a CBE for services to trade and investment

Newcastle Building Society reveals launch date for new branch in Wooler

A building society is set to open a new branch in a town which has been bankless for more than a year.

Only a tax and regulatory revolution will revitalise our unloved public equity markets

Far more companies are leaving than are joining, and with record levels of buyback activity

Eugene Investment acquires Poland office building for $61 mn

The deal comes a year after two small Korean financial services companies snapped up the Cedet building, a landmark office building in Warsaw, for 183 billion won.

Festive cheer sends eurozone bond yields to fresh highs

Signs that Germany is contemplating higher borrowing have added to selling pressure

European investment fund acquires Dublin industrial estate for €6.75m

The industrial estate is adjoining Northwest Business Park and is within close proximity to the airport, Dublin Port Tunnel and the M2 and M3 motorways.

M&G Property puts £137m up for sale in 'controlled' asset disposal

M&G has continued the suspension of its Property Portfolio fund and its feeder fund in a bid to increase cash reserves.

LV finalises split with general insurance sale

The change would result in LV being governed by the Companies Act, but it would not change the company’s mutual status.

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