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

Demand for investment trusts down in ‘challenging’ 2023

Additionally, all products purchased on adviser platforms dropped by 3% in 2023 from £184.9bn to £179.2bn.

Phoenix Group hosts UK-wide Financial Services Vulnerability Summit

This can lead to more impulsive decisions, difficulty understanding information and ultimately, poor outcomes for customers if firms are unable to help.

LGIM launches three regional high yield strategies

The new funds will focus on the higher quality segment of the below investment grade market, monitored against BB and B-rated non-financial indices.

Zurich posts record profit

This result positions Zurich well for further growth and enables the group to return more than USD 5 billion to its shareholders.

Isio Group revenue passes £155m on back of acquisitions

It also showed strong organic revenue growth of 18% across its core business, including actuarial and consulting, pensions administration and investment advisory.

Rolls-Royce profits soar and recovery accelerates

The company posted an underlying operating profit of £1.7 billion, a five-fold increase from the £315 million recorded in 2022.

Jupiter shares jump on forecast-beating profit update

Shares are up nearly 7% after asset manager reported a 36% jump in annual underlying pre-tax profit to £105.2m.

Fiera Capital Strengthens European Presence With New Office in Switzerland

Mr. Meyer has been appointed to the EMEA Senior Management Team

Full Year 2023 Earnings AXA IM

AXA reported strong results in 2023, reflecting continued execution of its strategy.

Top UK pension fund Nest expects to lift private assets to 30% of holdings

Nest would likely invest up to 600 million pounds in global timberland this year, expecting annual returns ranging from 6% to more than 10% by location

Barclays to return £10bn to shareholders despite profit drop

FTSE 100 lender reveals revival plan to woo investors

Who owns investment companies? Data reveals institutional dominance

Instead, institutions dominate when holding shares in trusts that invest in alternatives, such as property, private equity and debt.

LGIM to make changes to UK property fund

The fund will also allocate 45 per cent to global Reits and place 10 per cent in cash.

Mollie Capital launches to provide flexible SME financing in the UK

In the UK, SME merchants are underserved by traditional lenders.

Record-breaking year for Pension Risk Transfer market in 2023: Legal & General

In the UK, approximately £50 billion of pension liabilities were secured with insurers, showcasing a significant uptick in activity.

Where should you domicile your alternative investment fund in Europe?

Other factors to take into account include the robustness and flexibility of local laws and tax arrangements, the maturity of the local service provider ecosystem and the ease of doing business.

M&A a focus for £3bn real assets fund house

In 2023, Gravis attempted to merge two of its investment trusts, and while this transaction did not ultimately proceed

Oxford Capital introduces fee-structure change

Oxford Capital noted that the result is an overall enhanced investor experience.

Kingswood secures new debt facility with Pollen Street

The funds will be used to support Kingswood’s capital requirements and growth agenda.

Swiss Re increases net income to USD 3.2 billion and delivers a 22% ROE for 2023

P&C Re increased premium volume by 9% in the January 2024 renewals and achieved price increases of 9%

Alternative Investments