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

Sudden fund closure takes majority investor adviser by surprise

Marlborough BDM did not know

More property funds reopen, but other investors left in limbo

Seven months after barring investors from accessing their cash, funds are starting to re-open, but some will remain shuttered until the first quarter of 2021.

Alternatives are the answer to the Covid-19 conundrum

The traditional barbell portfolio of aggressive equities and defensive bonds is no longer suitable in today’s investment environment.

Nordea Asset Management awarded GBP 325 million climate equity mandate

The Nordea portfolio targets three main investment areas in climate and environment – innovators within the alternative energy sector, companies aiming at resource efficiency, as well as adapters focusing on environment protection.

Berlin Group starts new openFinance API Framework

By expanding the access of customers’ financial data to broader data sources and additional account types, enhanced views on customers’ finances are offered which will empower bank customers to actively choose the best value products and servi

ESG-focused Victory Hill Capital Group launches in UK

Victory Hill Capital Group, a specialist investment firm targeting direct investments in global energy infrastructure that support the UN Sustainable Development Goals, launched today.

Future of Work: Tech Companies Are Rethinking Workplace Density

The report found that 26% of technology organizations do not plan to return to the office in a pre-vaccine environment.

Staggering cost of no deal Brexit for Angela Merkel and Emmanuel Macron - new report

GERMANY and France are set for a whopping £10.7 billion blow unless the European Union can secure a Brexit deal with Britain, a new report has warned.

Charles Stanley adds 5-star managed portfolios to AJ Bell platform

AJ Bell announced the first third-party Managed Portfolio Services to be added to its adviser platform in August, to sit alongside the AJ Bell MPS.

A&A Investment Adviser to acquire an Irish ICAV

A&A Investment Adviser's Luxembourg’s entity has agreed to terms with an Asset Management Firm to acquire an Irish ICAV, which it says will be one of the most innovative launch platforms for quantitative sub-funds in UCIT's format in t

Dutch insurer Aegon puts Eastern European arm up for sale in coronavirus-led clean-up - sources

The business could be valued at about 650 million euros (589.52 million pounds) and is being sold as part of an auction process, they said.

Buffettology becomes second small-cap trust to pull launch but fintech fund tries its luck

A statement said there had been ‘a broad level of support from a significant number of investors’ but that the minimum raise, set at £100m, had not been met.

Grafton Capital takes majority ownership position in Third Financial

The platform combines the established Tercero system with an efficient, flexible, client-focused outsourcing and custodial operation.

Octopus Ventures exits Calastone

Octopus Ventures first invested in Calastone at seed stage in 2008

European bank ETFs lose out as investors flock to US counterparts

Sustained negative rates in the region cited as main reason for divergent fortunes

Crispin Odey's hedge fund business considering rebrand that could see tycoon's name drop off some funds

The case has been adjourned for a two-day trial in February at Hendon magistrates' court.

Fidelity acquires LGIM's £5.8bn Personal Investing business

Fidelity International has acquired Legal & General Investment Management’s UK Personal Investing business.

Mystery deepens on H2O bond trading

Documents increase puzzle over asset manager’s illiquid bond deals

PA360 Digital: Advisers urged to question fund managers on 'ESG success' definition

PA360 Digital

Vanguard active fund closure highlights challenge in Europe

Low-cost provider’s passive fund growth is vastly outpacing its actively managed business

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