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

Witan Alliance merger ‘best-fit outcome’, but questions raised over WTAN’s trust holdings

Some 8% of Witan’s portfolio is invested in other trusts

New diagnostic tool launched ahead of Consumer Duty first anniversary

This new diagnostic tool will additionally provide evidence to the firm

Alliance and Witan deal sees UK’s largest investment trust merger

The combined companies will be known as Alliance Witan PLC.

Two-thirds of Brits think the state pension won't exist when they retire

This is despite women being more likely to have to rely on it more heavily in their retirement as a result of the 35 per cent pension gap between men and women.

Guardian pays out £15m in protection claims

The announcement marks a major milestone for the protection challenger brand.

BNY Investments launches Euro High Yield Beta Fund

Euro high yield is a dynamic asset class that has outperformed European equities for almost 25 years

Look up or look down? The rise of subscription line and NAV financing

One of the most transformative changes in fund financing

Phoenix Group to explore potential sale of Sunlife

The firm added that the board has chosen to begin a sale process, having already received “a number of initial expressions of interest” from third parties.

Creating a leader in the UK savings and retirement market

Aegon UK is well positioned to capture the opportunities of the UK’s large and growing market for long-term savings and retirement solutions.

DFM directors banned for £69m ‘high-risk’ bond scheme

Collapsed DFM SVS Securities took commissions of up 12% to place clients in high-risk bonds.

North East property finance firm GB Bank launches new London office

The expansion comes a month after the bank secured an £85m investment

Marlborough partners with SS&C in bid to create a fund administration ‘centre of excellence’

The funds, which have more than £16 billion of assets under management, include Marlborough’s own range of 19 funds and those operated by more than 20 other investment management companies and other financial services businesses in the UK.

Alternative fund managers face ‘rising compliance risks’

This increase in risk comes against a backdrop of under-resourced compliance teams and an already high level of fines.

Border to Coast seeks manager for multi-factor fund launch

It aims to secure over £1bn in commitments from partner funds.

TPT Investment Management launches two alternative investment funds

Real assets and secure incomes funds seeded with £800m from TPT’s DB master trust

Scottish Widows launches ‘Retirement Matrix’ tool to address decumulation dilemma

The new mapping tool allows all current and potential retirement products to be mapped against what people want from their retirement income on a simple 3D cube.

Equity funds make comeback in May with €30bn gain

Fixed-income strategies continued their positive trajectory, with just over €30 billion in net inflows.

Aegon announces enhanced ESG integration into largest workplace default fund

The fund is available to Aegon Retirement Choices and One Retirement investors, as well as certain off-platform products.

Aviva unveils protection plan following AIG Life acquisition

It includes strategies about integrating the two protection businesses and some changes in the combined senior leadership team.

Titanbay launches AIFM to ‘elevate’ client experience

The AIFM status enables Titanbay to market funds directly across Europe, establish branches, and hire local salespeople

Alternative Investments