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

First Trust launches ESG-aligned UCITS ETF

This strategy blends First Trust's factor-based investing heritage with MSCI's best-in-class ESG strategy designed to generate long-term sustainable returns.

Guernsey says it's 'business as usual' for island's funds sector post-Brexit

The key thing is that there has been no change in Guernsey's relationship with the EU and the UK.

Former M&G head’s consolidator buys Hampshire-based advice firm

The deal will take its assets under influence to £300m and its adviser headcount to 15.

EBRD invests in PPC’s sustainability-linked bond issue in Greece

With a total issuance volume of €650 million, the issue will help improve PPC’s access to finance by diversifying its financing sources to a new environmental, social and governance (ESG)-focused investor base.

7IM: Headwinds for 60/40 portfolios will only get stronger

As his job title implies, Yeates believes the focus on alternatives is likely to increase over time.

IFA firm acquires Hampshire-based advice company

As it names former head of funds at Smith & Williamson executive chairman

Big Issue launches climate change investment fund

A multi-asset fund enables investors to invest across a range of different assets classes. MACS therefore provides investors with the opportunity to actively participate in the climate shift whilst spreading risk across equities, bonds and real estate.

Openwork seals Embark deal after 'successful' first year

It also agreed to help Openwork build a custom platform.

Aegon renames multi-asset growth fund to give sustainable focus

The £531m Diversified Growth fund will be renamed the Sustainable Diversified Growth fund from 1 April.

Generali see stronger year ahead after profit hit

Operating profit rose 0.3% to EUR5.21 billion, as growing results in property and casualty and asset management offset a decline in the life segment.

NIB joins EBRD and Baltic central banks to develop commercial paper market

A Memorandum of Understanding sets out the principles of cooperation to develop a deeper and more efficient regional CP market in line with the best practices outlined in the “Short-Term European Paper” by the European Central Bank (ECB).

Standard Life Aberdeen and M&G see fee income drop in 2020

Bosses at both firms remain upbeat despite challenging operational environment

Brighton IFA secures PE backing in £55M Deal

EMC Corporate Finance introduced the deal to Sovereign.

SLA confirms Parmenion sale

It is one of the first major moves from SLA chief executive Stephen Bird since he took over the running of the asset manager from its founder Martin Gilbert who bought Parmenion back in 2015.

iM Global Is Buying U.S. Asset Manager Litman Gregory

The acquisition of the $6.2 billion firm is part of Paris-based iM Global’s U.S. expansion plans.

James Hay to ‘address’ Nucleus staff concerns over £145m deal

They fear there will be a large number of jobs losses after it completes

Girls just want to have funds: Fund buyers celebrate 10 female stars of asset management

AJ Bell, GDIM, EQ Investors, Square Mile, Waverton, Tyndall and II highlight their top female managers

Collapse of Greensill Capital sends shockwaves through financial and industrial circles

Greensill had put a shadow banking spin on the traditional business practice of factoring

Hausinvest classified as a sustainable fund

In November 2020 the ratings agency Scope had already attested in an analysis that Hausinvest was the only open-ended real estate fund to date that was compliant in the ESG area (environmental, social, governance).

EBRD lends €10 million to Intesa Sanpaolo Banka d.d. BiH

The new credit line addresses growing demand and is an extension of a €15 million mortgage line approved in July 2019.

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