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

Aztec Group supports MML Capital

The fund received commitments from circa 35 investors, both from MML’s existing investor base and new Limited Partners.

Temple Bar outperforms after switch from Ninety One to RWC

“The first half of 2021 saw your company perform extremely well as mispriced value stocks generally did significantly better than the rest of the UK market.”

Ruffer shutters Hong Kong office as it closes Pacific fund

The £361m fund is closing as manager and Hong Kong office head is set to retire.

Macquarie Asset Management acquires state-of-the-art logistics facility in Norway

Together with its specialist platforms, Macquarie Asset Management has invested €6.9 billion in the logistics real estate sector globally on behalf of investors over the past 10 years.

World’s No. 1 Wealth Fund Braces for Double Inflation Shock

Tangen, a former hedge-fund manager who’s been running Norway’s giant sovereign investment vehicle for almost a year, has repeatedly cautioned against expecting continued bumper returns.

M&G: Sandringham is our opportunity to acquire IFAs

Once the deal is completed the firm will sit within M&G’s wealth division alongside its existing advice, platform and investment businesses.

Crestbridge looks to growth as it invests in its Island HQ

The firm’s reception area has also relocated as part of the project to a new main entrance on Charter Place and local artist James Carter has been commissioned to produce a mural in the new office space.

TMT Investments sees double-digit growth in net assets in first half

During the first six months of 2021, the company said it had made USD14.1 million of investments across 13 new and existing portfolio companies.

EY acquires Microsoft Dynamics specialist Seaton Partners

In the last 18 months the acquisitions of AgilityWorks, Frank Hirth and Pythagoras have helped EY teams meet the changing needs and demands of clients.

M&G buys advice firm

Montgomery also said it will help the firm to attract further advisers.

Praemium platform FUA jump 163% in one year

‘We anticipate the coming year will once again produce some dramatic positive changes in our business’

Oneglobal launches Netherlands office

Prior to this Alex was CEO of Aon Indonesia and Head of M&A Solutions for APAC, where he spent over 12 years.

Frenkel Topping buys legal consultancy for £1.48m

The firm will receive £1.48m, of which £0.74m is payable on completion and the balance of which will fall due in two equal amounts of £0.37m on the first and second anniversary post completion.

INVL Baltic Sea Growth Fund’s Eco Baltia completes acquisition for majority stake in Ecoservice

Stake was acquired from BaltCap Private Equity Fund II. Financing for the transaction in the amount of above €20mn was provided by Luminor, the third-largest provider of financial services in the Baltics.

BT Pension Scheme agrees £115m deal for Hermes stake

Sky News reported an agreement had been reached with the UK’s largest private retirement scheme to transfer the 29.5% stake following a valuation by professional services firm Duff & Phelps.

Axa sells insurance arm in Singapore for $575m

The transaction is subject to closing conditions, including receipt of regulatory approvals, and is expected to close by Q4 2021.

Investment trust dividends fall for first time since 2010

Throughout the pandemic investment trusts have proven resilient.

Former LSE boss Xavier Rolet unveils new $200m Spac

The new firm will focus on the fintech and financial services sector in Europe and the US

Luxsipa aims to spotlight structured products

In the world of finance, structured products are probably not the most popular among ordinary investors.

FE fundinfo acquires Denmark's FundConnect

The two companies already share a number of clients, who will be supported by a broader set of integrated cross-border services post-merger.

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