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

Macquarie Group considers takeover bid for M&G - reports

£6.5bn potential deal

VZ bets on the base effect

Last year around 7,900 households and companies used services from one or more VZ offers, a similar number to the previous year.

IQ-EQ shortlisted for ‘Fund Administrator of the Year’ in 2023 Private Equity Awards

All finalists are assessed by a panel of expert judges from industry-leading bodies.

Swiss Life increases net profit in 2022 by 16% to CHF 1.46 billion – the fee result rises by 13% to CHF 756 million

In 2022, Swiss Life Switzerland increased its segment result by 36% to CHF 1.22 billion (previous year: CHF 897 million).

Sterling holds gains after rising on UK trade deal with EU

The dollar was mostly flat in early trade but was on track to end higher for the month, ending a four-month losing streak.

Develop Consulting's Steve Boam on the virtues of Lean working

After a successful period of business, 2018 saw Boam exit the £12 million-turnover company, amid a management buyout.

CaixaBank and MicroBank support Spanish small businesses

CaixaBank and MicroBank will use these guarantees to mobilise more than €1 billion in financing that will help firms to reach their full potential.

Sesame Bankhall Group bolsters protection support for advisers

The onus on advisers to have these conversations will increase further through the implementation of Consumer Duty, as the FCA looks to ensure businesses are helping provide better outcomes to customers and safeguard them against foreseeable harm.

Should Hargreaves Lansdown be passing on rate rises?

Cash held by consumers on its platform rose from 9.3 per cent of overall holdings to 11.1 per cent between the end of 2021 and last year.

Spencer West opens new Northern Ireland operation alongside McMahon McKay

The team joined forces with Spencer West as of the new year, citing the firm’s reputation for collaboration between its Partners and its entrepreneurial approach to law as key considerations in forming the alliance.

Assets shrink and profits collapse at Jupiter as investor sentiment bites

Underlying profit down 64%

Jupiter posts £3.5bn outflows in ‘clearly difficult’ year

The group’s flows turned positive in the second half of the year, driven by strength in its institutional client channel which saw £2bn in net inflows.

7IM launches retirement income solution on platform

The client's assets are then allocated into a series of ‘buckets’ invested across three time horizons - short, medium and long-term.

DWS departure triggers fund management reshuffle

The strategy is now run by portfolio manager and buy-side analyst Lukas Herrmann and portfolio manager Carsten Weins.

L&G Mastertrust reaches £20bn AUM milestone

The L&G Mastertrust is the largest commercial master trust in the UK market, with 275 participating employers and over 1.8 million members

Euronext makes €5.5bn indicative offer for Allfunds

The Allfunds board is evaluating the indicative offer and there is no certainty that any transaction will be forthcoming.

River and Mercantile workforce cut by 22% since AssetCo takeover

AssetCo acquired control of the River and Mercantile business in January 2022, and in the annual report the company stated that operating costs for River and Mercantile fell by just under £10mn - from £32mn to £22.5mn during the period o

iM Global Partner launches managed futures fund to European market

Portfolio of liquid futures contracts

UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says

Figures published earlier this month showed that the U.K. GDP contracted by 0.5% in December, as the economy flatlined over the final quarter of 2022 to narrowly avoid a technical recession.

L&G Mastertrust reaches £20bn AUM milestone

The L&G Mastertrust is the largest commercial master trust in the UK market, with 275 participating employers and over 1.8 million members

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