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

Societe Generale initiates EUR 1bn energy transition investment, acquiring 75% of Reed Management

In its strategic roadmap last September, Societe Generale announced a EUR 1 billion energy transition investment in emerging leaders

The IA reports UK investment management industry AUM grow to £9.1 tn in 2023

The UK investment management industry also remains a global success story, second only in size to the United States.

UK CFOs gear up for growth following the election

Corporate risk appetite saw its biggest rise in more than four years in this quarter’s survey

Advise Wise introduces API integration with Canada Life

So we are really pleased to be working with Advise Wise to launch another API link to our adviser portal.

Hoxton Capital makes fourth acquisition of 2024

The company also provides mortgage advice, a will writing service and business financial advice and planning.

AllianceBernstein launches two systematic fixed income portfolios

The funds are managed by Scott DiMaggio and Bernd Wuebben

Small progress on Mansion House Compact ambitions as barriers remain

ABI said that signatories of the compact currently hold £793m of unlisted equity assets in their DC default funds

Allfunds unveils 'game changing' ETP platform

Fund platform publishes performance figures for first six months of 2024, with update on its fast-growing alts distribution business.

SocGen's Benin unit divestiture to cost $27 million in Q3

Per deal terms, the state of Benin would take over all activities operated by the subsidiary, along with client portfolios and employees.

Franklin Templeton launches FTSE Japan ETF for European investors

The ETF invests in large and mid-capitalisation stocks in Japan, tracking the performance of the FTSE Japan Index – net return.

Hedge funds ditch bearish Europe bets at fastest pace in a decade, Goldman says

Europe was the region that saw most net buying, as funds closed their short positions at twice the rate they closed their long holdings, Goldman said.

55% increase in carers credit claims which boosts state pension by £328 per year

The new data reveals that 32,384 people over the last five tax years have taken advantage of the credit.

Royal London introduces more inclusive underwriting for cancer survivors

This will mean improved terms for customers who’ve previously had a range of different cancers, including breast, colorectal and skin.

Aveni raises £11m to drive financial services ‘AI revolution’

The business has experienced significant growth over the past two years, through existing compliance and productivity solutions Aveni Detect and Aveni Assist.

Six Major Banks Settle European Bond Price-Fixing Litigation

The preliminary settlement was filed late Friday in Manhattan federal court and now awaits a judge’s approval.

Rothschild-backed private equity fund racks up £225m in funding

Edmond de Rothschild is a cornerstone investor in the fund, with the bank’s client base having had priority access to the fund.

NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

The acquisition gives Metro Bank a boost, following a £600m refinancing agreement last year, which included discussions of selling its mortgage book.

AJ Bell’s Angell: What selectors should consider when a fund manager leaves

Plenty of funds are subject to key person risk, head of investment research says

Man Group: Hedge fund sees over £8bn gains as it starts off 2024 ‘strongly’

The world’s largest publicly listed hedge fund group revealed its core management fee EPS growth was 26 per cent.

Achmea Investment Management acquires Dutch Blue Sky Group

The 40 employees of Blue Sky Group’s asset management division will join Achmea IM

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