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

Aviva agrees to buy Direct Line in £3.6bn deal

The deal sees 129.7 pence per Direct Line share in cash

St James’s Place rejoins FTSE 100

It recently hit the headlines having elected to wind down £1.8bn of property funds

Average house price rises to record level as mortgage pressures ease

This increase follows a period of market stagnation and reflects a rebound in buyer activity, which has been supported by declining mortgage rates and greater market stability.

Stifel downgrades Scottish Mortgage over 2025 growth concerns

Analyst Iain Scouller drops his positive rating for the Baillie Gifford flagship after its post-US election rally, believing many of its growth stocks are priced for perfection.

Tavistock eyes major partnerships in push to be like Hargreaves Lansdown

Tavistock CEO Brian Raven says he wants to build an investment business like the direct to consumer giant as the firm discusses potential future buys.

Equities bear the brunt of anticipated Budget tax rises in October outflows - IA monthly retail stats release

All asset classes saw outflows, with equity funds bearing the brunt with £4.2 billion in outflows.

AIFMD 2: What impact will the EU’s harmonised loan origination rules have on the private credit sector?

AIFMD 2 is likely to have a significant impact on direct lending in Europe

The EBA amends the supervisory reporting framework for investment firms

Following the amendments introduced in the CRR3, it was necessary to update the references included in the ITS for reporting of investment firms.

UniCredit expands partnership with Blackstone to bring institutional-quality private equity to its wealth clients in Italy

Pan-European lender continues to enhance offering for individual clients

Quilter advice network welcomes five new firms

Quilter Financial Planning has announced that it has welcomed five new appointed representative firms to its advice network.

Bridges strengthens commitment to UK social impact with new investment vehicle

The fund has been seeded with assets from Bridges Evergreen.

Average investor holds too much in cash, study finds

Wealth managers need to focus on behavioural alpha to help investors avoid losses

Pershing Square quits Amsterdam to save cash

The £8bn US hedge fund run by Bill Ackman abandons Euronext after 10 years, preferring to concentrate on its listing in London.

"Swiss Life 2027": higher targets for fee results, return on equity and cash return to shareholders

The corporate program "Swiss Life 2027" focuses on customers, advice and operational efficiency.

Zurich acquires AIG’s global personal travel business, becoming a leading travel insurer

The transaction makes Zurich one of the largest travel insurers globally.

Crispin Odey’s hedge fund says ‘hunting, trapping’ now its principal activities

Odey Asset Management has updated its principal activities to ‘hunting, trapping and related service activities’

Bundesbank chief calls for softer debt brake to increase investment

German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfalls

IQ-EQ ranked among top fund administrators by Preqin

The report includes a variety of rankings for private capital fund administrators

Amsterdam’s ThreatFabric raises additional funds from Rabo Investments to enhance banking security

Rabo Investments joins existing investors Motive Ventures, 10x Founders, and 14Peaks Capital.

Mansion House speech 2024: What Labour’s pension reforms mean for your retirement plans

The Chancellor’s speech could mean some big changes to the pension sector and implications for your retirement

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