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

Bespoke Brokerage Firm Merryoaks Launches in London

The firm will provide growth-based property finance solutions to investors and developers across Britain

City looks for early progress on Abrdn's turnaround strategy

Analysts will be looking for evidence that chief executive Stephen Bird’s strategy to turn around the fortunes of asset-manager Abrdn

FCA gives green light to James Hay-Nucleus deal

The firm said while this will be a complex exercise, with the more immediate priorities to ensure continuity of service and to deliver a roadmap of enhancements.

London Stock Exchange H1 income up, but warns about costs

The owner of Britain's stock market said total revenue hit $4.67bln

Link Group completes acquisition of Casa4Funds

Following the announcement in December 2020 that Link Group had signed an agreement with Banor Capital for the acquisition of Casa4Funds, the deal is now complete following regulatory approval from the CSSF.

Swedish pension giant swaps BlackRock and JPM funds for sustainable alternatives

Three fixed income funds were replaced with Article 8 alternatives with shorter track records.

The UK fund market is at highest level of half-year sales since 2017 says the Investment Association

The UK fund market has had a strong first half of 2021, according to the latest set of Investment Association (IA) data, released today.

Bank of Valletta plc issues its half yearly results

Growth in deposits coupled with persistent negative interest rates continued to exert pressure on the bank’s net interest margin.

Amati AIM VCT’s raises record breaking sum

It streamlines investor and financial intermediary engagement with the Offer, centralises Offer oversight, delivers real-time Offer statistics, and eliminates the administrative delays associated with paper-based application processes.

UK listed firms attract £12bn more from investors

Research shows investors injected £12bn more into firms in the first half after last year's record fundraise, as they battled to stay afloat following the devastation of Covid.

Aviva and Nationwide join £2.5 million round in mortgage broker Tembo

Deposit Boosts work by allowing a willing family member to unlock money from their existing property, using that capital to top up the first-time buyer’s deposit or create one from scratch.

Generali on track to meet FY goals after solid first half

Generali said in a statement it would successfully complete the current strategic plan at the end of 2021

L&G protection profit ticks up despite Covid claims

“Although we retain the majority of our exposure in the US and in UK group protection.”

TISE launches Qualified Investor Bond Market (QIBM)

The QIBM represents a dedicated exchange offering for the listing of bonds marketed to ‘qualified investors’

Axa IM head of US fixed income, Carl Whitbeck, dies

Experienced bond fund manager dies following car accident.

Close to £124m still trapped in Woodford fund

The “most notable” of these investments was £0.7m invested in Mafic, involved in the production of basalt fibre in the US.

AIF pre-marketing: what fund promoters need to know

This could present challenges for promoters seeking to access EU investors from outside of the EU.

Jupiter's net outflows accelerate

Shares down 8% in early trading

City 2040 Report

Rapid change in commerce and technology is demanding new strategies for how we organise our working and social lives, as well as how we interact with space.

Can a family become a brand in its own right?

Almost 60% of respondents thought their family was to some extent a brand in its own right.

Alternative Investments