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

Aviva holds on to minority shareholding as Friends Provident International deal completes

Friends Provident International made an operating profit of £128m in 2019 and a net profit of £2.5m, Aviva says.

Assets under management surge at listed investment firm

During the Covid-19 pandemic, our focus continues to be on the health and safety of our people and ensuring our investee companies have robust cash positions.

Hines secures new European asset management mandates

The Hines France office will resume management of the 223 Saint-Honoré in Paris

TrueBridge Capital Partners closes sixth fund to invest in top VC firms

The firm’s portfolio includes airbnb, Pinterest, reddit, Slack and uber, while it has exited the likes of Twitter, Spotify, Snapchat and Dropbox.

Aztec Group to administer Jersey fund

Aztec Group supported Stirling Square with the set-up, launch and closing of the fund, and will continue to provide administration and governance services from its Jersey office.

Country house sales in the UK have come back stronger than any other part of the market

Relatively good value and in high demand, luxury rural homes are selling well

Bridgepoint merger with EQT Credit implemented with Crestbridge providing fund and management company services

This transaction is one the largest in the Credit industry this year

Golf course house prices hit a hole in one

St Andrew’s in Fife is also home to a 150% premium between house prices surrounding the club and the area as a whole.

Developer of Estate Opposite Buckingham Palace Sees Queries Jump

“This coupled with the changing environment for property development, with a shrinking workforce following Britain’s exit from Europe will impact the availability of stock which in turn will limit stock and push up demand.”

Chancellor Rishi Sunak's ex-boss takes aim at fund managers: Fire them if they don't hold big firms to account, says hedge fund boss Sir Chris Hohn

Activists such as TCI, as well as Elliott, Paulson and Nelson Peltz's Trian Partners, have become both more visible and vocal in recent years

Foresight acquires Pension Infrastructure Platform

PIP manages a portfolio of UK infrastructure assets across the renewable energy, transportation and social infrastructure sectors and West Midlands Pension Fund's allocation to infrastructure has more than doubled, aided by its collaboration with PIP

What happened when IFA firm reached out to community amid lockdown?

She adds: “I certainly didn’t worry about my pension for the first two weeks.”

Vertical integration trend will continue apace

It will also look to mirror its digital advice service — currently only available in Germany — at some point in the future.

SQN Asset Finance slumps as bad debt provision hiked

The writedown for the C-class shares is estimated at £8-10m, the equivalent of 5.9-7.3% of assets in its portfolio.

“An Accident Waiting To Happen” - Structured Product Could Ruin Retirement For Many, Says 7IM’s Matthew Yates

Many structured products have terms whereby they can absorb some level of losses before the end investor starts to lose money.

London-based Wilton launches captive services business targeting high net worth clients

The new business recognises the growing number of Wilton’s clients that are interested in captive insurance

Aubrey Capital Management launches AIM Model Portfolio Service on Ascentric platform

The bespoke option will be particularly useful for advisors with larger clients who, for example, may need more specific management of CGT considerations

Alvarium Investments Opens in Milan

Alvarium will be the only global multi-family office in Italy able to offer internally generated direct investment opportunities in multiple different geographies.

Holborn Assets receives DB pension transfer award

The Gold Standard is a voluntary code of good practice for safeguarded and Defined Benefit (DB) pension transfer advice, based around a set of nine principles.

Italian mafia bonds sold to global investors

Instruments were backed by front companies charged with working for the ’Ndrangheta organised crime group

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