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

UK equity funds hit by outflows as US stocks shine

A net £640m was withdrawn from equity funds, marking a shift in sentiment after strong inflows in the final two months of 2024.

Allocations to private markets continue to rise

Institutional investors expect private markets to outperform public markets over five years

Following the “North star” and prioritising bonds: M & G Investments

Emotional resilience is key

Knighthead Capital Management Enters Exclusive Negotiations for Birmingham Phoenix Investment

The latest negotiations reinforce Knighthead's expertise in global sports investments and its deep-rooted commitment to Birmingham.

Evergreen funds: a perspective from an asset manager that – at least so far – doesn’t offer them

Will Nicoll, Head of Private Assets at London-based asset manager Royal London Asset Management. on the growing demand for evergreen funds

Waystone opens Paris office

French office complements Waystone’s existing European footprint of 11 offices including in Ireland, Luxembourg, the UK and Switzerland.

Mike Tumilty, COO Aegon AM, gives keynote interview at FundsTech Forum 2025

Interviewed by Nick Fitzpatrick, editor, Funds Europe, the interview is likely to discuss tech strategy, the value of outsourcing, and transformation.

UK equity funds see outflows despite record UK share prices, as US funds remain firmly in favour

They withdrew a net £640m from equity funds in January, the only month since late 2023 to see outflows

Henderson Smallers uses Budget volatility to refresh portfolio

Manager Neil Hermon takes advantage of market volatility caused by the Budget, adding seven stocks to the portfolio.

M&G acquires majority stake in leading European private credit business, P Capital Partners

With origins dating back to 2002, PCP boasts one of the longest track records in European direct lending, using the same cycle-tested investment process to invest in more than 170 companies.

Revenue of CHF 1,132.8m in 2024, up 11.0% at constant exchange rates; Growth of 11.0% in the 4th quarter at constant exchange rates

In the fourth quarter, the Group recorded growth of 11.0% at constant exchange rates, reaching CHF 283.5 million, compared to CHF 260.4 million for the same period in 2023.

Compass delivers strong numbers as outsourcing market hits its stride

Much of this growth has been driven by net new business growth which has been supported by strong client retention, along with positive pricing and volume trends.

Statement

This Press Release therefore aims to clarify the strategic rationale and provides more additional information as well as some relevant items of the agreements executed among the parties.

Nordea calls time on stalled ESG opportunities fund

The Nordea 1 SICAV - Global ESG Taxonomy Opportunity strategy has been liquidated.

BankInvest appoints EOS at Federated Hermes to provide active ownership services

EOS currently has £2.1trn in assets under advice globally

The lang cat adds tool for advisers to evidence platform switching

There’s a ‘dearth of support’ for advisers working in this environment

Barclays seals sale of German consumer business to Austria's BAWAG

The business sold is a diversified retail banking business, with established credit card, consumer loan

£35m added to state pension pots as NI top up deadline looms

In some cases, a few thousand pounds paid now could translate into tens of thousands in additional pension income over retirement

Twelve Capital launches Parametric ILS Fund. Partners with Descartes / Generali for origination

Lumyna Investments Limited is part of Generali Investments and the Parametric ILS Fund will leverage its infrastructure, marketing and distribution presence.

Chart of the week: European equities defy headwinds in early 2025

Despite ongoing warnings from ECB head Christine Lagarde, the continent’s stock markets are sticking it out.

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