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

Surrey-based firm enters default over pensions advice

An increase in decisions means it also expects to pay out around £10mn in compensation this year

Ashmore launches emerging markets blended debt fund

The hard and local currency Frontier markets offer very distinct returns profiles over different parts of the cycle

Why private debt is set to soar in Asia’s $63 trillion credit market

While the asset class has grown more slowly in Asia than in the U.S., UK and Europe

Bond trading platform MarketAxess adds UBS Bond Port integration

The move aims to streamline trading workflows and provide direct access to UBS Bond Port.

Aviva Investors gets green light for venture capital fund

The long term asset fund, which will allocate to early stage companies, is the latest from the UK asset manager after it signed the Mansion House compact

Allianz withdraws pre-conditional offer for Income Insurance while confirming its long-term commitment to Singapore

The extensive discussions which Allianz and Income Insurance have had over the last months have further highlighted the shared values between the two groups.

Double ProShare Award Win Recognises JTC’s Shared Ownership Success

Earlier this year the global service provider granted share awards worth around £50m to its global workforce

Five new funds have been added to the TILLIT platform

The addition of the new funds brings the total number of funds on the platform to over 100.

Mourant expands presence with new office in the heart of London

The recently refurbished building features a redesigned reception and communal areas, bike storage and showers, ensuring a premium experience for the firm's team and clients.

London Stock Exchange suffers biggest exodus in 15 years as former boss sounds alarm

LSEG data shows 88 companies have either delisted or transferred their primary listing away from London’s main market this year, while just 18 firms have joined.

UK Asset Managers Race to Fix ISA Error Allowing TSMC Trades

It also means they potentially face a higher tax bill as those gains won’t qualify for savings.

Former Comgest CEO launches boutique Aecus Partners

Arnaud Cosserat launches firm alongside former Comgest trio

Square Mile recognises CCLA Better World Global Equity Fund

The fund mirrors CCLA’s successful global equity strategy offered to its 30,000 charity clients since 2007.

Another drop in GDP as Bank of England prepares for final rate decision of 2024

The UK economy had been building relatively good momentum in the earlier part of this year, but concerns around the messaging in the lead up to the budget saw consumers hit pause on spending while they awaited more details on the government’s plans.

Swiss Re targets a net income of more than USD 4.4 billion for 2025

All Business Units are aiming for more ambitious targets in 2025 compared with 2024.

Triodos Bank Announces First BNG Private Sector Loan to Nature Impact

These aim to provide new and improved homes for a wide range of English wildlife.

Royal London is growing its Irish pensions business. The firm reveals its strategy

The UK pension giant's Irish chief Noel Freeley and head of asset management Trevor Greetham talk to The Currency about building out funds for Ireland

Carlsquare advised VM Capital on successful refinancing and securing growth financing

In addition, the financing package strengthens TK’s position as a leading German server manufacturer and positions TK for further data centre projects across Europe.

Bain & Company with larger French head office for longer period in Espace Kléber, Paris

Completed in 1999, the property has been in the Hausinvest portfolio since 2009

AXA IM continues its initiatives to test blockchain technology as part of ECB’s exploratory work on central bank money settlement

The first experiment involved a €3 million investment by AXA IM, on behalf of AXA France, into a digital sovereign bond issued by the Republic of Slovenia.

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