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

Royal London talks off the table as investor hones in on LV

According to LV, it was paid a total £1.08bn for its general insurance arm.

CIP secures €4bn investment for greenfield renewables fund

Expected to be one of the largest ever funds of its kind, CIP IV was launched five months ago with a target between €5 billion and €5.7 billion, and will focus on greenfield investment in energy infrastructure around the world.

Close Brothers Business Finance successfully facilitates MBO using CBILS

The deal was brokered by PMD Business Finance, a successful brokerage based out of Oldham, and who played a key role in the successful outcome of the MBO.

MassMutual and GIC take additional 36% stake in Rothesay Life as Blackstone exits

This is a strong expression of confidence in the company and provides the business with exceptional long-term support from two of the world's leading institutional investors.

Credit sentiment recuperates as dovish policy prevails

The longer-term economic outlook has improved lately due to the massive monetary and fiscal stimuli.

U.S. Banks Pull More Assets From London Ahead of Crucial Brexit Deadline

London’s position as a gateway to Europe for U.S. banks is being eroded

More sophistication being seen in use of captives

Lots of people have heard something about captives, they see their premiums rise by a multiple of five or six, and they think about a captive looking for a short-term benefit, to allow them to cope with the vagaries of the insurance market.

Woodford investors to wait another year to get money back

As they are hit with a £16m wind-up bill from the administrators EmailFacebookTwitterLinkedInPrint

Invesco launches currency-hedged versions of Physical Gold ETC

Currency fluctuations can have a material impact on investors.

Octopus launches £25m Apollo VCT fundraise

“This is often by investing in research and development to improve existing products, enlarging the sales team, or expanding internationally.”

French and Swiss asset managers launch sustainable equity fund

Clartan Associés and Ethos Services launch new Ucits-compliant and sustainable Europe small and mid-cap strategy.

River and Mercantile to launch unconstrained European equity strategy for James Sym

The intention is to grow the yield whenever appropriate from a business cycle perspective.

Boris Johnson promises to protect 30% of UK's land by 2030

National parks, areas of outstanding natural beauty and other protected areas make up 26% of land in England.

Aldi to create 4,000 more UK jobs as sales surge in Covid crisis

Budget supermarket chain to open 100 new stores as part of £1.3bn investment

Africa Speciality Risk Group opens up in London

ASR will provide risk mitigation and insurance products to local and international businesses trading in Africa, and will use Africa-specific pricing models.

Global Financial Centres Index 28

GFCI 28 again shows a relatively high level of volatility, with 23 centres rising ten or more places in the rankings and 20 falling ten or more places.

Where are the UK’s village property hotspots?

There are no areas of London where sales numbers have overtaken 2019’s full-year figures yet, but end-of-the-tube-line Upminster is the strongest market, with sales agreed up 42% so far this year on the same period last year.

Commerz Real acquires Beckum wind farm from Energiekontor

The project is a so-called "repowering", in German power plant renewal.

First actively managed sharia-compliant ETF to list in London

Fund will invest in companies with low leverage, ethical practices and good governance

ESMA to Recognize Three UK CCPS from 1 Januray 2021

ESMA needs to conduct this determination before a TC-CCP can be recognised in accordance with the applicable requirements.

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