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

Financial leaders urge greater transparency on ethnicity pay gap reporting

They also discussed how to use their influence to reduce racial inequality in the UK.

Söderberg raises £171mn to help fund UK expansion

Following the new share issue, Söderberg & Partners will continue to be controlled by its founders and supported by its two significant minority shareholders, global investment firm KKR and private equity firm TA Associates.

$9 trillion decline as global wealth falls for first time since 2008

The former might have prompted many people to break out the world’s smallest violin for struggling millionaires everywhere – but the latter has wide-reaching implications for households around the world.

PwC to sell Australian government business in wake of scandal

The Big Four firms of the consulting and accounting industry – Deloitte, KPMG, EY and PwC – have long been criticised for their association with international tax avoidance.

Shareholders to decide Chrysalis' future in continuation vote

Potential managed exit programme

Polar Capital takes 30% profit hit on continued outflows

Profit before tax in the 12 months to the end of March fell to £45.2m, as a 14% fall in average assets under management hit revenue.

SimplyBiz partners with iPipeline to launch protection tool

iPipeline is a research and application portal which supports advisers throughout the protection advice journey.

Quilter Investors introduces AUM discounts on fund pricing

With effect from 1st July, the move will see a discount of up to 0.05% applied to a fund’s fixed ongoing charge

AEW UK sells two Yorkshire industrial assets for total GBP16.1 million

Individually, Euroway was sold GBP6.5 million, reflecting a 6.8% NIY, while Lockwood was sold for GBP9.7 million, reflecting a 5.9% NIY.

Lifetime ISA savers pay nearly £50m in withdrawal penalties as 56% more people rip cash out of savings

In this time of financial hardship, we should not be overly penalising people for using their hard-earned savings, yet the punitive 25% charge not only removes the government’s bonus but eats into people’s own savings too.

Investment Week reveals winners of Fund Manager of the Year Awards 2023

Ceremony in London on 22 June

Asset managers warn responsibility for CMU success is in policymakers' hands

EU companies continue to take their IPOs outside the EU or to move their listings elsewhere to seek better valuations.

Perspective inks further four acquisitions and hits carbon neutrality

Firms bought up in Cambridgeshire, Yorkshire and Buckinghamshire

Transforming Finance for Good: Equilibrium Futures Announces the First Sustainable Finance Training Course Dedicated to IFCs

There are modules for Trustees on fiduciary duty, for Family Offices on engaging Next Gen beneficiaries and for Asset Managers on how to invest with impact.

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