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

UK house prices hit record high but cost of living crisis likely to cool market

Shortage of homes for sale and ‘race for space’ drove average cost to 282,753 in March, says Halifax

More than 6,000 jobs created across the North through Northern Powerhouse Investment Fund

The NPIF has also helped more than 900 firms secure more than £318m in investment

Smooth operators: end-to-end operations management in the heart of London

These individuals take on front- and back-of-house roles, ‘meet and greet’ and helping the public with wayfinding, with 32 patrolling officers in the public spaces supported by a dedicated control room based on the estate and managed by Wilson

Pension net pay top-ups to begin by 2026-27

Low earners using relief at source receive a 20 per cent top-up on their pension saving, even if they do not pay income tax.

Border to Coast adds £4bn to second private markets programme

It will include investments across private equity, infrastructure and private credit

Independent global asset manager opens office in Zurich led by former UBS veteran

He also worked several years for the UBS Group Chairman, where he was responsible for strategic client relationships and the bank's top shareholders.

Former Gresham House fund to re-enter active market

“The strategy has significant, illiquid stakes in companies with great prospects for medium to long term shareholder value creation,” he said.

Property investors should cast their eye to REITs

"As cheap money dries up, investors will have to work harder to find real diversification and long-term value across all asset classes"

Ares launches Ares Private Markets Fund

The Fund will be distributed through Ares Wealth Management Solutions

Energy strategy: UK plans new nuclear reactors to boost production

It outlines, for example, the hope of producing up to 50 gigawatts (GW) of energy through offshore wind farms, which the Department for Business

UK’s top 0.1% earners have annual income of over half a million, says IFS

Institute for Fiscal Studies report finds highest-paid earners benefit from lower tax rates open to business owners

EY to create 1,200 jobs to more than double headcount in Manchester

The new roles will take EY's headcount in Manchester to 2,000 by 2026

Advisers face 5.2% FCA fee hike to £86.5mn

The levy on advice firms as a percentage of the Fos’ total levy will be 2.34 per cent, up from 1.9 per cent this year.

Janus Henderson: Short-dated bonds offer best protection

Higher inflation and expectations of rising interest rates have now been largely priced in by bond markets, it says.

Foster Denovo lands £100mn PE funding to grow advice firm

The advice firm has already received £30mn of the investment which it has used in part for four internal acquisitions of self-employed advice firms.

SuMi Trust expands Europe presence with creation of new team in Luxembourg

EU-based investors will have access to SuMi Trust’s investment strategies with a focus on Japanese equities.

Sanne named ‘Best Administrator – Overall’ in the Hedgeweek European Awards

Sanne’s detailed industry knowledge and expertise in hedge positions us to support our hedge fund clients’ ongoing and developing fund service needs.

How T. Rowe Price is constructing portfolios in ‘distorted’ economy

Vohora outlined how the traditional bucket of bonds in the global allocation strategy at T. Rowe Price has been lowered from 40 per cent to 12 per cent.

Italian watchdog will not start probe into Generali's rebel investors

The three investors had struck a consultation pact last year to challenge Mediobanca over the renewal of Generali’s board.

Janus Henderson: Global government debt to hit record $71.6trn in 2022

Taxpayers to pay for bond holdings

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