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

Spain Hires Bank of America for CaixaBank Trading Plan

Spain has trailed other European countries over the past two years in selling down stakes in the banking sector held since the financial crisis.

T. Rowe Price to adopt ‘sustainability impact’ label for two funds

The two funds are the T. Rowe Price OEIC Global Impact Credit and T. Rowe Price OEIC Global Impact Equity funds.

Preply's European headquarters moves to "B97" in Barcelona

This was announced by Commerz Real, whose real estate fund hausInvest owns the office complex at Calle Badajoz 97.

Fifth of advisers use AI transcription services for client meetings

The practice of using AI at meetings saves businesses time and may improve both accuracy and readability for clients.

Cromwell EREIT enters into new loan to refinance debt

The REIT will repay a loan for three office assets in the Netherlands.

Industry reacts to ‘postponement’ of UK retirement adequacy review

It had been hoped the review would set a clear timetable for scaling up contributions

Supporting a German insurance broker’s expansion into Switzerland

One of our trusted business partners was engaged to assist the client in establishing the Swiss branch

Over half of Pension Credit claims denied as 21st deadline for winter fuel payment looms

Those who are eligible would not only benefit by regaining the winter fuel payment, worth either £200 or £300 depending on age, but they would also receive pension credit to top up their income.

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

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