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

Diving dollar drives Ashmore assets higher despite outflows

Assets under management at Ashmore rose 9% in the final quarter of 2020 as investors dived back into emerging market equity.

Punter Southall CIO: Growth in the UK will be slow

Punter Southall Wealth is a division of the parent company that incorporates the Psigma Investment Management business, which Punter Southall has owned for many years.

Why we left the DB introducer market

Harrison said it was a positive business decision, and one the firm chose to make to ensure they were not forced to make it at a later date.

Succession halves loss in year of financial 'step up'

Succession also reported a slight increase in assets, which grew to £7.67bn up from £7.47bn the previous year, and a turnover of £74.3m overall for the year.

Why SPACs are booming in New York but not in London

SPACs have been on fire in the US, raking in more money last year than in the entire decade before.

Why Guernsey is a jurisdiction of choice for alternative funds

With an array of competing jurisdictions to choose from

Aviva pressed to recall bonuses after share buyback debacle

Aviva declined to comment on the letter but noted that it revised down executive director bonuses at the time in 2018.

Fairstone secures £60m Aum in first acquisition of 2021

Lee Hartley, chief executive of Fairstone, said finalising the deal with Hammett and Petch had kick-started the company's growth plan for 2021.

From evolution to revolution: Investment trust sector urged to grow in order to 'stay relevant'

Consolidation and zero discount models encouraged

Private markets forecast to grow to $4.9tn globally by 2025 and make up 10% of global AuM - PwC

The report, Prime time for private markets: The new value creation playbook, examines prospects for four primarily illiquid asset classes of private equity (including venture capital), infrastructure, real estate and private credit across a range of scena

River and Mercantile’s Sym – six key tenets to help find attractive opportunities in Europe

To find these opportunities, Sym focuses on six key tenets which he believes can provide an ongoing source of alpha for the fund.

Carne Group bags €100m investment from London private equity firm

UK private equity firms have developed an appetite for wealth management in recent years.

KBC Bank chooses Finastra for Libor transition

The transition away from LIBOR is daunting for most banks, but with the help of Finastra’s solutions we’re able to continue to calculate rates and embark on a smooth transition.

Macquarie Capital Principal Finance reaches agreement to sell London’s Tavis House for over £33 million

Macquarie Principal Finance first acquired Tavis House in 2014, as its first commercial real estate acquisition in the UK.

New property asset manager launches to support HNW investors

Together, the trio has delivered more than GBP4 billion real estate transactions and managed upwards of 5,000 properties.

Economic Development looks to procure more work locally in support of the Bailiwick economy

It is thought that small changes in process, proactive engagement with industry and some targeted sector development could help redirect millions of pounds worth of business to Guernsey's private sector.

Scots spirits venture set to launch global rum brand

Two well-known Scottish entrepreneurs are set to launch a new rum brand after setting up their own spirits business.

Patron Capital Raises €844 Million for Fund VI

The fund will invest in individual properties across a range of sectors, as well as in property-backed corporate investments and credit opportunities.

Perspective buys Northamptonshire advice firm

Independent Life & Pensions' managing director Joe Hill will continue in his position while the financial planning and administrative team will transfer across in full.

Investment manager to pursue IPO next month

The investment manager said 80 per cent of the offer would comprise a sale of shares by existing shareholders, with the remaining 20 per cent to see new shares issued by the company.

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