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

LendInvest enters residential market with Lloyds backing

LendInvest chief executive Rod Lockhart said he was delighted to secure the funding and take the firm's first step into the residential mortgage market.

Invesco bolsters its ETF range with a global high-yield ESG product

The US investment firm’s new offering will echo the strategy of its other investment-grade corporate bond ESG ETFs.

Arthur J. Gallagher & Co. Acquires First Ireland Risk Management Limited

Tony Gill, Linda Gallagher and their team will remain in Dublin under the direction of Ronan Foley, head of Gallagher's insurance brokerage operations in Ireland.

Legal & General adds nine lenders to new-look SmartrFit tool

New residential and buy-to-let affordability calculators from nine lenders. Improved user experience. New European Standardised Information Sheet and evidence of research functionality for BTL.

European Assets Are Now All the Rage as US Markets Sputter

Meanwhile, the region’s investment-grade credit is ahead of its US peers by 6 percentage points over the same period, and the euro currency has jumped 10% versus the greenback.

The Verve Group moves to consolidate businesses

Currently, the group offer adviser support services such as compliance training and outsourced paraplanning across its three brands: Apricity, Para-Sols and The Art of Finance.

Complete Business Solutions sold to EVO preserving 600 jobs

This includes general stationery and office supplies, IT and tech support, photocopier and printing supplies, workspace equipment and installation, and PPE and workwear.

Odey Asset Management sees profits cut in half

Due to performance fee drop

Merseyside Pension Fund appoints Redington as strategic investment adviser

Another key objective is to consolidate the fund’s strong funding position whilst continuing to meet its wider strategic objectives.

Fidelity platform restricts new investments into abrdn PE Opportunities trust

Customers are able to redeem existing holdings in this fund by either selling to cash or switching to other funds, but clients will not be able to buy shares until further notice.

Ruffer ends tumultuous 2022 in positive territory as it continues de-risk mode

'Poor time to take on risk'

Are there enough decumulation products?

As the industry continues to shift from DB schemes to alternative retirement income strategies

UK stock market success

The UK stock market was ahead of almost every major market in 2022. Why was this and will it continue?

Isio buys Deloitte’s 200-strong pensions advisory business

In the three years since it’s Exponent-backed separation, from KPMG, though, it has sought to rapidly build on this early momentum.

Square Mile: Advisers switch focus to income funds

7.8 percentage point increase

Pension advice firm defaults with two claims

This is the fourth advice firm to be declared in default by the FSCS this month.

Quilter calls for schemes to reveal transfers amber flag reasons

Quilter asked for clarification on whether Maps would ever consider requiring confirmation of the specific reason why an amber flag was raised.

European life company CEO dies

Antonio Corpas passed away following an accident in December 2022

Standard Chartered explores strategic alternatives for aviation unit

The aviation finance business represents around 2 per cent of total Group income and around 1 per cent of Group RWA.

Commerz Real acquires Finnish wind park with 28.5 megawatts for Klimavest

The seller of the plant with an installed capacity of 28.5 megawatts is the company Energiequelle, an international project developer with a proven track record and a project volume of more than 1,500 megawatts.

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