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

European fund performance significantly lags behind US peers after T+1

Post T+1 analyses of passive S&P 500 funds show European returns are 14-20 basis points lower than their US equivalents

Iress’ UK operations contributes to strong half year results performance

Strong action on cost reduction has delivered operating leverage with our Adjusted EBITDA margin up 760 basis points to 21.7% and Adjusted EBITDA growth of 52%.

JTC To Acquire The Buck UK And European Share Plan Administration And Trustee Businesses

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

UK asset managers see brighter outlook as net sales surge during ISA Season

According to the research, this indicated a boost in investor sentiment during the individual savings account (ISA) season, despite ongoing market volatility.

Europe steps up bid to attract captives

France, Italy and Britain are considering ways to enhance their attractiveness as captive domiciles.

UK GDP shows no growth despite Taylor Swift effect

In a significant move the Bank of England reduced interest rates by 0.25% in August, bringing the base rate down to 5%.

EVPro integrates with financial adviser CRM Plannr

Plannr customers can now use EVPro to analyse and risk rate their assets effortlessly without the need to rekey information, reducing errors and cutting the time taken to create plans.

Kingswood adds £6m debt facility at 12% interest rate

This latest debt raising follows a similar £8m funding agreement in February

Mishcon de Reya advises Hillcrest Private Equity on two significant acquisitions

The asset was purchased from a Luxembourg-based fund.

SBG expands protection offering for advisers

Sesame Bankhall Group (SBG) has expanded its protection offering for advisers.

ZEDRA launches DACH Global Expansion Taskforce

As global markets become increasingly interconnected, companies from the DACH region are capitalising on opportunities for growth beyond their borders.

European ETFs hit record $2.11tn in July

The strong performance underscored the continued growth and investor confidence in the European ETF market.

Norway's wealth fund flags sovereign debt risk to stock markets

The fund, which invests the Norwegian state's revenues from oil and gas production, is one of the world's largest investors, owning on average 1.5 per cent of all listed stocks worldwide.

Schroders awarded £2bn real estate mandate by Wales Pension Partnership

The mandate will also target impact opportunities across the UK which deliver positive social impact and decarbonisation strategies that support WPP’s net zero ambitions.

Admiral shares fly to the top of the FTSE 100 as firm hikes dividend amid profit surge

The group reported a 43 per cent jump in turnover in the first half of its financial year thanks to a strong performance at its UK motor insurance division.

Alternative fund managers to increase focus on governance

Almost all (99%) senior leaders at alternative fund manager firms said the board and senior management at their company already take governance seriously.

Ariel Re employee scores top mark in London market exams

Darling has been at Ariel Re since 2020

Standard Life deploys new annuity transfer tracker from Origo

The tracker enables advisers to see the status of each transfer and where the application is in the system.

German property bank PBB's profit plunges as US office loans sour

PBB said it expected the commercial property market to "enter calmer waters" in the second half of 2024.

Aviva plc 2024 interim results announcement

Aviva continues to benefit significantly from the balanced and diversified business we have built and lead.

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