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

UK Finance updates on cash industry environmental work

Cash in Transit providers have been using the latest in telematics data to ensure that vehicles are not left idling while collections and deliveries are made.

CFT is keeping its eyes open for takeovers

This was achieved with an increase in income of 12.5 percent to 513.3 million francs.

Only eight first-time funds close in Europe so far this year, report finds

According to PitchBook, it is a drastic fall from previous years as first-time fund managers face a tough time raising capital.

Mortgage approvals further drop as property market seizes up

A decrease in mortgage approvals and only a slight uptick in remortgaging activity in July further underscores this cautious sentiment.

Gender investment gap hurts long-term wealth, as AJ Bell expands Money Matters female investor campaign

It comes as the campaign publishes new findings which show only 35% of young investors are women.

£38.5m deal for BT’s Leeds offices

The deal represents a net initial yield of 7 per cent.

TAM seeds Pzena’s first Europe-ex UK value fund

Deep value specialist Pzena responds to demand from wealth managers with a new strategy run by a trio of Citywire-rated managers.

Phoenix recruits for redundancy-risk roles

A posting for an application developer states some roles will be in “scope for redundancy or redeployment” across the group.

Legal & General: ‘Bank of Family’ to provide £8.1bn in aid to first-time buyers during 2023

This insight stems from a joint research initiative by the FTSE100 company, Legal & General, and the Centre for Economics and Business Research (Cebr).

Richard Buxton says UK equity market in a ‘very sorry state’

Outspoken fund manager is preparing to retire from Jupiter Asset Management after 40 years in the City

The Philippine Economic Zone Authority partnerships to woo German firms

In terms of investments, the survey revealed that 46 percent of the participating GPCCI members are likely to invest higher in the country within the next 12 months

Breal Capital completes acquisition of craft brewer Brew By Numbers from joint administrators

Breal continue their strategy of brewery acquisitions, having earlier in 2023 concluded deals for Yorkshire-based Black Sheep Brewery and Peckham-based Brick Brewery.