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

Fund selectors 'excited' by Europe-first CLO ETF

FAAA captures euro-denominated AAA-rated CLOs, which are bundles of non-investment grade loans, often first lien bank loans to businesses or private equity borrowers

Significant expansion of European Fund Classification system: EFAMA

The vast majority of European funds now have an EFC classification, EFAMA writes.

Golding has already raised more than EUR 210 million in the first closing for its third infrastructure co-investment fund

Insurance companies, pension funds, churches and savings banks have subscribed to the third fund generation of the successful investment strategy.

M&G plc half year 2024 results

We are continuing to push further on our strategic priorities

Bern pension consultancy firms to merge

Ursula Mauron, chief executive of Arcasia, was looking for a succession plan as her retirement approaches.

Altair Names Collaboration Betters the World as Channel Partner for the EMEA Region

CBTW to offer Altair's leading data analytics and AI portfolio

Cubera makes hard close of Nordic secondaries fund at €780m

Together with the GP’s own commitment this took the total fund size to €807m.

JTC announces plans for acquisition

This acquisition is exciting for us, as share plan services are closely aligned with our own shared ownership philosophy

AllianceBernstein brings 50-year-old US value strategy to Europe

The fund, managed by Cem Inal, chief investment officer and portfolio manager, aims to capitalise on undervalued large-cap companies in the US market.

Citypoint tower up for sale as owner seeks cut-price deal

Brookfield has reportedly started the sale in the hope of avoiding a default on a £460m loan secured on the building

Burstone announces strategic partnership with the world’s largest alternative asset manager

Burstone will retain a 20% co-investment in the PEL platform while continuing the asset management function.

Private equity warns UK capital gains tax overhaul could be ‘tipping point’

Potential increase of capital gains tax comes on top of changes to non-dom and carried interest regimes

Investment into cash Isas increases by more than a fifth

Hargreaves Lansdown head of active savings Mark Hicks attributed this to the perception that chancellor Rachel Reeves will use the Autumn Budget to raise taxes.

Scottish financial business buys firm, hails £1bn milestone

Aberdeen-based AAB hailed the acquisition as a “significant mile

State Pension claimants warned about Tory 'stealth tax' that will affect 900,000

The new state pension rates will come into effect from April 2025

Aviva targeting ultra-HNW growth following acquisitions

Both books of business are fully integrated into Aviva.

Aurora and Artemis Alpha trusts announce merger

Artemis Alpha trust’s £121m assets would merge into Aurora if approved

Europe’s ESG funds more than double defence holdings amid Ukraine war

Sector’s shares have soared and asset managers in debate on whether investing in it can be seen as sustainable

Fund managers should get vote on consolidated tape system: Efama

This cross-section includes the user community, such as the buyside asset managers that Efama – the European Fund & Asset Management Association – represents.

Hargreaves Lansdown co-founder’s private equity firm shutters

The fund has now closed, Earth Capital UK has been deregulated and is no longer investment manager.

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