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

Dubai Investments buys stake in UK digital bank Monument

In its first year of operations, the fully-licensed bank acquired assets of around £100 million, deposits of £145 million and approximately 3000 customers.

Hargreaves Lansdown launches three model portfolios

The funds-of-funds are pitched as stand-alone investments, with exposure across equities and bonds through third-party funds, ETFs, and HL’s own ‘building block’ funds.

ERM advises Plenitude on acquisition of renewables firm PLT

As a result, Plenitude’s pipeline of renewable energy projects is expanding to approximately 13 GW.

Steelworkers receive invite to FCA event a day late

The FCA was joined by the Financial Ombudsman Service, the Financial Services Compensation Scheme and Money Helper.

Compenswiss expands private debt programme

Asset management companies looking to participate are required to hold a minimum of €5bn in total assets under management (AUM) and €500m in total assets for the asset class.

Hargreaves Lansdown launches three 'ready-made' portfolios

‘New strategy’ for firm

Industry Voice: Where next for Global equities?

Royal London Asset Management's Head of Equities, Peter Rutter discusses the challenges stocks faced in 2022 and the outlook for the year ahead

Apex Group to acquire Bank of America Irish depositary business

Apex Group’s existing depositary services delivered by EDB, support a range of regulated fund types, underpinned by top-tier technology and workflow systems.

Knight Frank and Berkadia form international alliance

The platform spans all major capital hubs and sources of capital, including the US, Asia Pacific, Europe, the UK and Middle East

Private equity bosses expect clients to hold more power in 2023

The increase of SWF influence also takes place as investors in private equity funds – known as limited partners (LPs) - are expected to gain more power in an environment where fundraising is difficult.

Bain & Company snaps up UK firm Enterprise Blueprints

As one of Bain’s fastest-growing capabilities, the firm’s Enterprise Technology (ET) practice has advised companies across industries and around the world.

BNY Mellon IM launches impact emerging market debt fund

Managed by Insight Investment

Asset manager signs distribution deal with Italian bank

And eyes similar agreements in the UAE

European ETFs see 12% drop in AUM despite inflows

$87bn in net new assets

Intesa Sanpaolo weighing sale of RWAs worth €20bn

The move is anticipated to contribute to “the significant value creation and distribution to shareholders.

Capital Group and UBS launch 'multi-sector' income fund

Four income sectors

Peter Hargreaves: Blue Whale will focus on 'land of opportunity'

Bearish on UK economy

The EBA observed a significant increase in the number of high earners across EU banks in 2021

The weighted average ratio of variable to fixed remuneration for all high earners increased from 86.4% in 2020 to 100.6% in 2021.

Europe’s most active deeptech investors

Which European funds have backed the most high-tech startups on the continent in the last year?

US fund managers turn away from China and look to Europe for growth

American groups are embarking on a hiring spree as they look to expand their operations in the region

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