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

Legal & General completes £1.1 billion full buy-in with Deutsche Bank Pension Scheme

The Scheme benefitted from a previous umbrella agreement with Legal & General, which ensured a smooth agreement of commercial terms.

Cadent Gas Pension Trustee Limited Appoints Northern Trust as Custodian for its £4.6 Billion Pension Scheme

A key focus was to find an asset servicing partner to support the Scheme through its defined benefit journey.

Foster Denovo snaps up East Midlands adviser firm

It also means four advisers – Neil Welbury, Jackie Worby, David Catterall and Stuart Annable, along with six support staff – become part of Foster Denovo.

Columbia Threadneedle closes standalone UK small stocks unit

The company’s move coincides with a Budget that could make Aim stocks less attractive

Positive summer performance for hedge funds

All categories measured by assets under management that Citco provides administration services for were positive in Q3 2024.

Payden & Rygel launches investment grade corporate bond fund

The fund is constructed so that no single position drives performance.

Rabobank selector eyes Eltif 2.0 funds but stays cautious

Rishma Moennasing is considering the new semi-liquid private markets products coming into the market.

Intelliflo hits milestone of 300 customer-driven platform updates

The programme allows office users to propose enhancements, which the broader customer community can then vote on.

Alltrust Services Limited acquires PSG’s SIPP business

The deal expands Alltrust’s pension administration services to over 11,000 members

European funds’ green exposure should rise, MSCI analyses

Sustainability-related funds now dominate the European fund landscape, representing €8 trillion of the region’s €14 trillion in fund assets, particularly within equity and bond funds.

British International Investment announces $150m trade finance facility with Absa Group to support businesses across Africa

The facility will build on this to provide crucial trade finance to businesses across Africa, with a focus on sustainable and inclusive funding.

M&G launches first sustainable bond strategy along with responsAbility

The fund aims to directly contribute to the UN SDGs, targeting outcomes in health, work and education, social inclusion, the circular economy, environmental solutions and climate action.

Guernsey shortlisted for European Domicile of the Year award

The winners of the awards will be selected by a panel of judges and will be announced at an awards ceremony in London on 20 November 2024.

LGT Capital Partners closes Crown Europe Small Buyouts VI at over EUR 750 million

CESB VI has seen sustained demand from both existing and new investors.

US and European interest rate cuts hang in the balance ahead of crunch week

The numbers for October are expected to show payrolls increased by 110,000, compared to the average monthly gain of 200,000 so far this year.

BUX partners with PrimaryBid open IPO opportunities to retail investors

This move, encouraged by ABN AMRO, is part of BUX’s mission to make investing more accessible and empower retail investors with new opportunities.

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

The fund attributed its performance to a stock market boost from falling interest rates.

Rockfield & Ardian launch European PBSA investment partnership

The team will bring technical and financial expertise through all phases of the investment cycle

Open infrastructure fund KGAL klimaSUBSTANZ acquires first wind farm

The Bliestorf wind farm is being built around ten kilometers southwest of Lübeck in a windy location, near which KGAL already manages other successful wind farms.

AHR Group’s transparency is its ‘USP’, says co-founder

AHR Group was founded in 2020 following the merger of UAE-headquartered Arlo Wealth and Harrison Rowe, an international advisory business.

Alternative Investments