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

ASI buys £5bn property fund manager in growth push

ASI it to acquire 60 per cent of Tritax Management, a specialist logistics real estate fund manager with assets under management of £5.1bn throughout the UK and Europe.

Almost £2bn could be wiped from London economy with threatened rise in Capital Gains Tax

London Central Portfolio (LCP) has conducted an analysis to demonstrate the potential adverse impact on the residential property market and wider economy by considering the effect of the previous property tax hike in 2016. LCP reports:

Fund fees down 31% but 'cost sensitive' advisers eye further cuts

“This is because, in a lower return environment, cost will become a bigger drag on performance.”

Advice firm looks to graduates for growth plans

Mr Martin said there were "fantastic" skills available to the industry as he called on other advisers to begin the process of supporting new entrants to the sector.

Mortgage lending hits 13-year high

The number of 90 per cent LTV mortgages available during the pandemic has been low, and at the start of December a mere 88 products were available in this segment.

The top performing trusts of 2020

“Scottish Mortgage in particular has seen a spectacular rise in its share price since March.”

Absolute return funds on course for worst ever annual outflows

Investors have pulled money from the all-weather funds after they disappointed during the coronavirus sell-off

Investors in £46m mini-bond scheme face 100% losses

But after a series of setbacks since then the administrators have now estimated funds available from the property portfolio are unlikely to exceed £1m.

ESG excellence – Willis Owen’s first annual review reveals ESG funds outperform across global, UK and Equity Income sectors

“ESG is a fairly broad label and doesn’t need to mean ethical, for example, but could just mean the fund uses ESG in its process, which many do,” he said.

2021 investment management outlook - Transforming to thrive

Half of our survey respondents indicate that their firms plan to reduce total costs by 11% to 20%. These cost-reduction targets look ambitious considering that the workplace-related cost per employee is estimated to increase by as much as 50%, straining c

Industry must tame the private markets’ Wild West

The barrier for many advisers and wealth managers is their fear of the perceived regulatory and operational complexities involved – and this is not without foundation.

Bill Ackman’s Pershing Square promoted to UK’s FTSE 100

Billionaire hedge fund manager’s well-timed pandemic bet boosts returns

Vanguard to close European active ETF range

Quartet of factor funds had just $300m in assets

Willis Owen reveals the best and worst sectors and funds in 2020

The way we live, the way we work, and the way we consume have all shifted dramatically, with the reaction in markets bouncing from panic to euphoria on a regular basis as news of the virus and of vaccines dominated investment flows.

Super-prime London real estate – has there been a better time to buy than now?

There has been widespread reporting that most buying activity is focusing away from the city as people seek greater floor area and more outside space for their money.

Nucleus in takeover talks with potential buyers

Discussions between Nucleus and the respective parties are ongoing.

Jupiter strikes rollover deal as it shuts Buxton’s trust

The board today doubled down on the forecast, confirming it believed the best option for shareholders was to liquidate the company.

AJ Bell customer numbers rise 27%

Revenues rose 21% to £126.7m (FY19:104.9m) and profits before tax rose 29% to £48.6m (FY19: £37.7m).

Nordea Asset Management launches a thematic strategy to address social empowerment

The strategy focuses on businesses that provide solutions that address social issues, create a positive impact, and generate sustainable shareholder value.

Insurance giant sells off several European operations for €830m

It wants to concentrate on countries and business lines where it can ‘create most value’

Alternative Investments