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

Financial Information as of 31 March 2024 (1) Generali Group

Return to positive Life net inflows

Melo partners with longstanding online financial adviser community LifeTalk for ‘new voice’

Major asset management firm secures £125m from two local government pension funds

Asset management giant Gresham House has raised £125m in funding from two local government pension schemes.

Alpha Growth to acquire Guernsey-based Jeometri Insurance Managers

Wadley will be continuing as managing director of Jeometri and leading the business in its next phase of growth.

Parmenion adds tiered adviser platform charges amid changing business models

40% of advisers have or are planning to change their charges

BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA

Neuflize Vie provides high-net-worth individuals, families and businesses with life insurance policies, retirement and estate planning services, and insurance products linked to investment portfolios.

Allspring adds global equity fund to climate transition suite

The main change is the introduction of a formal net-zero 2050 target.

Lazard launches US small cap equity Ucits fund

It will typically hold 350 to 400 stocks with the objective of outperforming the Russell 2000 Index over a full market cycle.

Abrdn reduces adviser platform charges following upgrade

The firm has reduced the number of pricing tiers from four to three and removed the administration charge on its Wrap Sipp.

New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy

It is one year since the UK government published its semiconductor strategy.

Standard Life sets out plan to tackle financial vulnerability

The rising cost of living is a major factor, and other drivers include an ageing population, rising rates of obesity and mental-health disorders.

Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers’ EMEA platform

Ares and CDPQ are providing up to EUR 300 million respectively, and Schroders Capital is contributing up to EUR 150 million.

UK asset owners optimistic on fixed income opportunities

Additionally, 28% express confidence in increasing credit risk exposure, underlining a cautious yet discerning approach among investors.

Labelling rules could boost sustainable investing interest

Investors don’t believe the label being put on these products.

abrdn relaunches two fixed income portfolios as part of ongoing consolidation

Gives ii investors exclusive access to new fund

Are successful fund managers just lucky?

The Squeeze: Sample sizes will never be big enough to know whether an investor is good or lucky

UK Fund Managers Vent Frustration Over Stalled ESG Policies

The UK government has repeatedly backtracked on key green policies, including a decision last month to allow new gas-fired power plants.

Ken Wotton not ecstatic over wealth consultant’s PE approach

He views its recent approach from Bridgepoint as an example of private equity exploiting distressed UK small cap valuations.

Allianz increases operating profit by 6.8% to 4.0 billion euros

2024 operating profit target maintained at 14.8 billion euros, plus or minus 1 billion euros2

Milecross Financial makes first in string of planned 2024 advice firm acquisitions

The deal adds £30m of assets and around 600 clients to the national advice firm

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