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

Ruffer launches its first new fund in a decade

Diversified Return fund is a daily liquidity version of its flagship total return fund

Initiative Ireland plan gets backing of Goldman Sachs

Padraig Rushe, the chief executive of Initiative Ireland said the development would further strength its ability to compete as a new financial competitor in the Irish property market.

Morrison's profit guidance will 'please' prospective buyers

Profits also fell 37% due to direct Covid costs and the associated lower cafe and fuel sales as a result of lockdowns earlier in the year, while no interim dividend will be paid due to the impending sale of the company.

Gresham House acquires VCT business

The acquisition will see Gresham House become a leading player in the VCT segment, with approximately £850m of assets across its VCT range.

Ruffer launches daily liquidity version of total return fund

Global financial markets face an uncertain future which creates major challenges for investors.

WTW outlines Investor Day strategy

The strategy also includes a streamline operational structure, develop a globally consistent client model and enhance growth operations to improve sales and retention outcomes.

Morningstar Announces Winners for 2021 UK Fund Manager of the Year Awards

The awards have three categories: Outstanding Fund Manager, Rising Talent, and Outstanding Investment House.

Funding Circle Holdings Half Year 2021 Resukts

Average loan applications are completed in 6 minutes and decisions follow in just 9 seconds, providing borrowers with an unmatched experience.

HIG Capital closes HIG Europe Middle Market LBO Fund at EUR2bn

“The current economic environment in Europe leaves us well-positioned to execute our value-creation strategy."

Alan Howard-Backed 10T Raises $750 Million for Debut Crypto Fund

“There’s a nice pipeline here, too.”

World’s Biggest Wealth Fund Steps Up ESG Focus in Real Estate

What we’re working on now is a separate, improved sustainability strategy, which prepares us for net-zero” as well as new laws and regulations surrounding carbon emissions.

Record revenue and profit for TISE in H1 2021

The International Stock Exchange (TISE) has set new records for revenue, profit and earnings per share during the first half of 2021.

Private equity investment platform Moonfare hits over EUR1 bn in assets

Global wealth management faces disruption as private markets open access for individual investors, according to Moonfare, and private markets investments – such as private equity and venture capital funds – are seeing massive inflows as invest

UK equities held back by banks and trading platforms

The FTSE 250 was just as lacklustre this morning, flat at 24,248 as trading platforms again stymied gains.

Janus Henderson launches two sustainable equity funds

Article 9 funds

European ETFs shatter annual flows record with four months to spare

At the end of August, European ETF inflows for 2021 were already $16bn ahead of the previous full-year record

Nordea Asset Management to open ESG hub in Singapore

The hub will be constructed around a group of ESG analysts, recruited locally and integrated within the asset manager's RI team based in the Nordics.

AIB lines up €500m Project Bay problem-mortgages sale

Portfolio includes loans deep in arrears and restructured debt underpinned by eased terms

Utmost unveils record H1 sales, 'planning underway' to integrate Quilter Int'l

In light of its announced acquisition of Quilter International in April 2021, Utmost said it was "finalising the regulatory approvals required to complete the acquisition".

Baillie Gifford UK equity chief to hand over £1.1bn fund and retire

Gerard Callahan, who runs the firm’s £1.1bn UK Equity Alpha fund, will retire at the end of April next year, ending his 31-year tenure.

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