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

Grant Thornton Pensions Fund appoints Cardano as fiduciary manager

It said the appointment of Cardano was made following a competitive tender process.

Asset manager Ashmore's share fall on worse than expected outflows

Jefferies and JP Morgan analysts had expected outflows of $1.2 billion.

Söderberg & Partners buys stakes in four advice firms

The Swedish advice firm has now purchased 11 UK firms after receiving €200mn (£171.6mn) from minority owner KKR.

Premier Miton CIO: share prices will return to fundamentals

Another change the asset management industry is currently undergoing, and which it has undergone before, is consolidation.

Willis Towers Watson to launch platform-friendly LTAF with £450m

The institutional investment giant is set to launch a semi-liquid fund in an OEIC format, but access for wealth firms remains some way off.

Neuberger Berman grows private equity fund offering for financial advisers

The minimum investment required for most share classes is €25,000

EBRD announces profit of €2.1 billion

The Bank’s strong results for last year – close to 2021’s record profits of €2.5 billion - were largely due to the performance of equity investments across its regions of operations.

Has Aviva launched the first wealth LTAF? ‘It’s vague’

Aviva’s recently converted fund offering can in theory be used by wealth managers, but without platform support, it won’t be straightforward.

Broadstone acquires Vestigo Partners to tap into worldwide credit risk, analytics expertise

Vestigo has valued over 150 portfolios across the UK, Europe, Asia and Africa

2024 could be ‘tipping point’ for type of platforms IFAs use

Leading providers today are taking a measured approach to AI so that its power is used to improve efficiency

Polar Capital shares jump as tech outflows reverse

The active manager’s AUM rises back towards £22bn, with signs of fund flows turning a corner.

Robeco overhauls multi-asset strategy with focus on sustainability

This strategic realignment aims to enhance transparency for clients invested in the retail funds, while also boosting the flexibility of the funds to adapt to changing market dynamics, shared Robeco.

JTC reports another exceptional year with record organic growth and strong momentum

Client demand for JTC’s services continues to grow, demonstrating its robust business model in the post pandemic environment and its resilience to wider macro volatility.

Nationwide and Acre partner to give brokers quick access to mortgages

Additionally, Acre’s “faster, more accurate facts find” combines credit and property data with customer information.

Macquarie Capital backed Onivia to add 6 million homes to its FTTH network offering

The transaction also provides the consortium with the option to acquire any future fibre rollouts from DIGI in those provinces, subject to certain conditions.

VCT fundraising third highest on record despite almost 20% drop

This was down 18 per cent on 2022/23's total of £1.08bn while the record of £1.13bn was set in 2021/22.

LGIM joins SimplyBiz’s risk-controlled solutions range

The range helps advisers identify the best solution to meet clients’ investment objectives in line with their risk profile by aligning the investment solution to the advice and research process within the Engage system.

What's next for Artemis?

Artemis is 60 per cent owned by US firm Affiliated Managers Group

Ranmore Global Equity Fund AuM hits $220m

Over the last year, the Ranmore Global Equity Fund tripled its assets under management to $220m.

Zurich Insurance Group launches first Eltif

The Luxembourg law firm Arendt & Medernach assisted Zurich in the set-up and launch of the fund.

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