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

Baillie Gifford launches UK version of blockbusting health fund

Over the past year the Ucits version of the fund has returned 68.1%, with Covid-19 vaccine creator Moderna one of the big winners in the portfolio.

UK alts boutique buys Irish firm to expand into Europe

The acquisition is part of the firm's strategic growth plan that includes distributing its funds to European investors.

Private investment firm buys LV for £530m

Customers will also benefit from the increased investment that Bain Capital will provide.

Nordea joins leading asset managers in commitment to Net Zero Emissions Goal

They also commit to support investing aligned with net zero emissions by 2050 or sooner.

Apex to provide full suite of fund services to Frontera Capital Group

Frontera selected Apex due to their range of relevant solutions, depth of experience and reputation for providing a responsive, flexible and solution-oriented service.

ASI expands sustainable EM equity efforts with new launch

Global emerging markets team to steer high-conviction strategy that will invest in line with the UN’s Sustainable Development Goals.

Nordic boutique launched by Odin and NBIM veterans

Oslo-based group set to focus on global equity opportunities with several experienced investors from regional firms.

Investors still in dark about being stripped of protections post-Brexit

There has been no effort to alert UK investors in EU-domiciled funds they will not recourse to the FSCS and will have to apply to foreign compensation schemes if a fund blows up after Brexit.

Hedge funds exploit technology to reduce cost and waste

Growth in data volumes has pushed finance chiefs to move towards a single trading system

Bain Capital buys LV for £530m

All members are expected to benefit from a cash payment to compensate for loss of mutual membership upon full completion of the acquisition.

Aviva sells off arm as new CEO takes action

The transaction is subject to certain closing conditions

Apex Group acquires transfer agency

Apex’s UK presence has been expanding over the past few years; with the addition of Link Asset Services’ CPCS business and Throgmorton in 2019.

Zurich Splashes Out With Major U.S. Buy

The business to be acquired includes 2.4 million policies, USD 3.6 billion net written premiums in 2019 and 3,500 employees.

Guernsey Private Investment Fund regime sets out proposed changes

Following the feedback from a discussion paper during the summer, the Guernsey Financial Services Commission (GFSC) has now published a consultation paper inviting comments on three complementary approaches to PIF registration.

‘It is going to be a dogfight’: AAA-rated Baribeau readies for ecommerce battles

Citywire AAA-rated fund manager explains where he anticipates the next ecommerce battle to take place and why he can't wait to hit the road again.

LGIM launches ESG-focused fixed income ETF range

The ETFs provide a higher allocation to green bonds and issuers with the highest ESG scores than traditional fixed income ETFs, while retaining a similar risk/return profile to traditional indices.

Amundi targets ESG companies in Germany with new DAX ESG ETF

Companies with business activities in controversial sectors such as gambling, tobacco, nuclear power, steam coal or weapons are excluded.

M&G launches sustainable multi-asset fund range

The range has three individual funds to suit different risk tolerances: Cautious, Balanced and Growth.

LGIM launches fixed income ETF range

The ETFs also employ what LGIM terms a “liquidity-aware approach” which includes increased minimum issuance thresholds relative to traditional benchmarks to improve the overall liquidity profile.

ASI buys £5bn property fund manager in growth push

According to Tritax, the logistics sector represents the intersection of real estate and advanced technology, such as robotics and AI.

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