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

Nucleus sold to a new PE firm

It was largely down to culture and people as well as a client focus.

LV’s profits fall to £31mn as new business grows

The mutual’s Smoothed Managed Funds - which are expected to become the “dominant part” of its overall with-profit fund - doubled inflows to £437mn.

French boutique shifts fund range to entice wider market

Paris-based group shifts from domestic-domiciled model to a Sicav approach in bid to build non-French investor base.

McKay Securities Gets Offer Approach From Slate Asset Management -- Update

McKay said that if an offer were to be proposed it would consider it, but cautioned that there is no certainty one would be forthcoming, nor as to the terms of any proposal.

L&G UK Property reduces spread due to 'low likelihood' of property purchases

‘Continued net redemptions’

Pensioners warned they risk ‘running out of cash’ - how to avoid exhausting your pension

PENSIONERS could be at risk of "running out of cash" in retirement, according to a financial expert.

River & Mercantile posts profit rise ahead of takeover

At the end of January it was confirmed that AssetCo will takeover R&M, paying £98.8mn in an all share transaction.

Guernsey life insurer sold for £3m

Deal adds around £280m in assets under management

TISE reports record turnover, profit & EPS for 2021

2021 financial year highlights at TISE

Natixis and H2O finally agree break-up deal

The pair have struck an agreement to end their partnership after around 18 months of negotiations.

Courtiers receives awards

One of the things I do on a day-to-day basis is making sure our funds are not exceeding the levels of risk that we’ve promised our clients that we will maintain.

Seven managers added to FE fundinfo 'hall of fame'

51 managers overall

UK property transactions slowing but pre-pandemic levels remain a long way off

“The number of transactions remain high for now, but this is likely to fall over the coming months"

Amber River Group buys Cheltenham-based IFA

The purchase by Amber River will see four advisers and £380mn of assets under advice move over to the group.

Morgan Stanley IM adds third PM to Heugh’s giant Asia fund

Fund arm of US banking giant names new team member for equity strategy.

Dynamic Planner expands financial planning system into Europe

The firm has been receiving inbound enquiries from Europe since 2018.

European assets decline in February as bonds suffer heavy outflows

'Growing concerns'

Linklaters advises on €500m financing of Greenlink Interconnector between Ireland and Great Britain

The contract for the engineering, procurement and construction was awarded in September last year and onshore works have begun.

Anti-benchmark asset manager launches equity fund focused on protection

Tobam has launched a global equity fund that aims to give investors access to equity markets, while reducing risks and volatility.

Investcorp reaches €1.1bln of assets acquired in Europe

With acquisition of headquarters of Kering and a United Nations agency

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