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

EBRD lends Moldova €300 million to safeguard energy security

The loan will finance up to one-fifth of Moldova’s planned gas imports for 2022, which are vulnerable to potential interruption as a result of the war on Ukraine.

$11tn investor coalition calls for governments to overhaul carbon pricing

The UN-convened Net-Zero Asset Owner Alliance urges governments to adopt legally binding carbon prices to ensure a just and stable transition to a low-carbon economy.

‘All the original VCT players are selling out and cashing in’

“It is turning into a much narrower market where scale is vitally important.”

Crux hit by £640m European equity fund outflow

The asset manager’s AUM dipped by £300m last year due to heavy outflows from its European Special Situations and European strategies.

Marygold & Co. (UK) completes acquisition of Tiger Financial & Asset Management Limited

We are hugely encouraged by the coming opportunity to leverage our highly transformative fintech capabilities within the UK financial advice market, which is ripe for change.

Baillie Gifford funds under management drop £7.2bn

Results to end of March 2022

Sanlam: There are still sunny uplands for growth stocks

Rodgers explained that the question to be posed is how far stock markets will look across the valley at the “sunnier uplands”.

iM Global Partner launches global equity fund with Scharf

Same approach as Global Opportunity fund

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

Small pots group revisits ‘pot follows member’ solution

The ABI and PLSA said by the end of this year, there are likely to be more than 11mn small, deferred pots in total and without any change in the next 10 years, that figure will likely double again.

House prices in Great Britain hit record high but falls predicted this year

Rightmove expects cost of living crisis to have impact on market in second half of year

World’s Biggest Hedge Fund In $7.2 Billion Bet Against Europe

New disclosures show it has made bets totalling €6.9bn against almost half the EURO STOXX 50 Index, which is dominated by French and German businesses.

PE-backed venture led by ex-Intrinsic CEO buys Beaufort

Thompson founded Solomon last year with Darren Sharkey, who until late 2020 was managing director of Quilter's national advice business.

HSBC AM unveils new capital solutions unit for expanding alternatives business

The firm added that the unit will become “a new horizontal within HSBC Alternatives

Novia CEO: IFAs say I’m a private equity person – I’m not

He had, quite rightly, been appointed by the private equity company to lead the platform following the departure of its founder, Bill Vasilieff.

Analysts warn shareholders on Boussard & Gavaudan trust proposals

‘Should be very concerned’

USS launches its first asset-backed securities mandate

Following this mandate launch, USS will partner with USSIM’s in-house private markets team in seeking a more yield-seeking mandate.

Advisers ‘need to be well versed’ in Help to Buy alternatives

The body suggested the creation of an industry-wide campaign to draw more attention to these alternatives, including advisers getting more clued up on them.

AJ Bell and Hargreaves Lansdown open up retail access to IPO and secondary fund-raising markets

There has been significant growth in the numbers of retail investors in the market in recent times.

Macquarie Asset Management acquires state-of-the-art Dutch logistics real estate portfolio from VDG Real Estate

VDG Real Estate, part of the Van Dijk Group, invests in and develops real estate for clients in various sectors with a strong focus on logistics.

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