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

As M&G freezes fund, cash buffers dwindle at rivals

The sector was thrust into the spotlight last week when M&G Investments suspended investor withdrawals from its flagship £2.5bn property fund

Phoenix group to buy biggest rival

The Acquisition brings additional scale to Phoenix’s Heritage business

M&G suspends property fund after £900m outflows

M&G stated it had reached a point where it believed suspending the £2.5bn fund would best protect the interests of its customers.

Neil Woodford’s Income Focus Fund fund to remain frozen until end of year

Income Focus is the smaller of the two open-ended funds set up by Mr Woodford.

Partner Insight: Finding liquid alternatives when fixed income has turned into 'fixed loss'

"We wanted to create a product that fulfilled these objectives."

‘World’s cheapest hedge fund’ closes after five years

Co-founders of Devet Capital join the quant team at Gresham Investment Management

Impax Asset Management Assets Rise Over Year On Strong Inflows

Impax expanded significantly in 2019

Lindsell Train drops out of multi-managers' top ten as Woodford fallout continues

Fund suffered 1.1% loss over past three months

FinecoBank inks deal with Columbia Threadneedle

The announcement follows FinecoBank’s launch of its fund investment offer in partnership with M&G.

Property tycoon agrees to hand over assets worth £190m

Malik Riaz Hussain passed control of £140 million in UK bank accounts and ownership of a £50 million property overlooking Hyde Park.

Allianz Bank Financial Advisors signs distribution agreement with MFS in Italy

The fund's investment objective is to seek total return over a full market cycle, focusing on capital appreciation without being constrained by benchmark, regional or market capitalisation.

World’s Most Famous Hedge Funds Battle for Recognition in China

International names like BlackRock don’t resonate much in China’s crowded market of close to 9,000 hedge funds, which has its own set of local stars.

Hedgies in High Court bid to force up Inmarsat takeover price

They argue that the price tag is too low because Inmarsat is set to receive an income boost from a US project that could gain approval from regulators this month.

Activist fund set to double stake in banknote maker De La Rue

Crystal Amber’s move shows sign of confidence in struggle UK group

Bond ETFs outshine equity rivals in 2019

Investors plough $191bn into passive fixed-income vehicles that track the markets

Assets held in exchange traded funds surge to record $6tn

Failure of most traditional active managers during the crisis prompted many investors to seek less volatile strategies

Alternative investment funds on rise in Luxembourg

High yield bond strategies remained stable at 22% whilst senior loans dropped from 35% in 2018 to 22% in 2019.

Investor coalition calls for living wage at UK firms

They are some of the largest in the UK listed on the FTSE 100 and FTSE 250, and rely on working contracts that do not include a living wage – which the group of investors says presents risks to the long-term sustainability of the companies.

Premier Miton has assets of £11.1bn after 'difficult' year

This has been a more difficult year for the business and indeed for the UK funds industry generally, with investment decisions largely on hold while investors wait for clarity over Brexit.

Dynamic Planner launches risk-based benchmarks

The benchmarks are based on a set of model portfolios optimised for 10 risk levels, developed with Dynamic Planner's asset and risk model.

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