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

Toscafund’s retreat from focus on financials marks end of an era

Top London investor undergoes restructuring after departure this year of ex-Tiger fund manager Johnny de la Hey

CaixaBank to expand mobile office services

The bank provides financial services with its mobile offices to 340,000 local residents whether they are clients or not.

Private equity circles Grant Thornton’s UK business

The process, which is being run by Rothschild, is expected to value Grant Thornton UK between £1 billion and £1.5 billion.

Very good half-year result for Vaudoise Insurance Group thanks to higher investment income

In non-life insurance, written premiums in German-speaking Switzerland recorded a sharp increase of 5.9%.

Private equity circles Grant Thornton’s UK business

Carlyle, Blackstone, Permira, CVC Capital Partners and Bridgepoint are among the buyout firms weighing potential offers for Grant Thornton UK ahead of a deadline in September for formal expressions of interest

Insurance group Generali rebrands Irish operations after Liberty purchase

New brand RedClick has existing customer base of about 250,000 in Ireland for car and home insurance

The real reason for the recent market turmoil

The blink-and-you-missed-it correction has been explained in several ways, none of which holds much water.

Advised platform gross flows remain high but outflows continue to rise

The continuous rise means that, overall, advised outflows are up 30.35% year on year.

Berenberg Bank Increases Derwent London Price Target

Berenberg Bank has raised its price target on Derwent London, a notable player in the commercial real estate market focussed on central London properties.

Pension Geeks partners with Royal London for Pension Awareness Week 2024

The campaign’s new partner Royal London has been involved for several years as an ambassador, providing behind the schemes support, live shows and promotional activity.

What real estate fund managers need to know about domiciling in the Channel Islands

These numbers are particularly remarkable considering The Islands have a population of fewer than 200,000 and span only about 120 square miles.

Scottish Widows closes Ethical fund

The pensions firm says the fund failed to meet its investment objective.

Premier Miton pair dump FTSE put as UK recovers

Gervais Williams and Martin Turner remove derivative protection from Diverse Income as the UK equity income trust reports a rebound in performance.

AIG Life staff face redundancy following Aviva deal

This means that roughly 60 members of AIG Life’s staff will be made redundant.

Spanish funds reach record €37bn in July amid strong net inflows

The market’s expansion was driven by net subscriptions, which amounted to €14.8 billion year-to-date.

Danish funds AuM reaches record 3tn kroner

The growth was primarily driven by equity funds, which attracted net inflows of DKK 10.2 billion, the highest monthly inflow in over a year.

Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance

In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per cent gain in the S&P 500.

Swiss real estate offers opportunities as interest rates decline

The sector traded in a persistent downtrend, and we expected outflows to persist after more than a decade of investors increasing allocations to ‘alternative’ assets.

The only long-term laggard UK income fund back to the top of the rankings

Trustnet looks at the UK equity income funds that have struggled over the long term but have pockets of positive performance more recently.

Scottish Widows closes Ethical fund

The pensions firm says that the fund failed to meet its investment objective.

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