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

BlackRock has rattled the private equity industryBlackRock has rattled the private equity industry

The fund manager’s initiative is good for investors but comes at a strange time

Silver linings amid the chaos; Buying stocks ahead of recovery in 2020

This is a dangerous tactic. Business confidence was already at a low ebb and investors fear a further ratcheting up of trade tensions along with a possible no-deal Brexit may be enough to push major economies into a full blown recession.

German VC firm collects $6 mn directly from Korean individuals

In comparison, investing in domestic venture firms, if successful, hardly returns over 10% per annum because of their limited growth potential in the home turf.

Jupiter expands HY efforts with short duration launch

In this new approach, Darling will hold around 75 bonds and invest at least 70% of the fund’s assets in global corporate high-yield bonds with maturities of no more than five years.

Banking, insurance and other financial services if there’s no Brexit deal

Information about financial services such as banking and insurance for UK residents, businesses based in the UK, EEA residents, and financial services institutions.

Fidelity ditches giant Aviva fund in Select 50 buy list shake-up

Fidelity also removed its own £19 million Fidelity American Special Situations fund and JOHCM UK Dynamic from Select 50.

Hana Financial Teams Up to buy Vienna Hilton for €370M

The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe, comes just one month after a pair of transactions in Europe saw real estate assets valued at more than $1 billion snapped up by K

Surfing the waves of opportunity in Guernsey

Alternative asset investment continues to experience rapid growth with market data suggesting global alternative assets under management could top $21trn by 2025.

Niam Closes £1.02BN in Equity Funding for Niam Nordic VII

Niam Nordic VII can invest in all property types in the Nordic countries.

M&G Prudential to demerge from Prudential plc

Ultimately, becoming an independent company means we will have more flexibility and freedom to serve you better.

Draghi’s Final Stimulus Push Keeps Bond Investors in Suspense

ECB is giving few hints on its approach to a fresh round of QE

Digital healthcare firm secures GBP650k funding for patient app

It provides digital triage, supports personalised rehabilitation programmes and allows clinicians to monitor patients’ progress and access patient-reported data and feedback.

Fund Giant Has a $6.3 Billion Target On Its Back

Standard Life Aberdeen is lagging far behind its peers and looks ripe for a breakup.

Zurich UK profit up 74% as life business falls slightly

New life business value shows 38% increase

Part-timer Jacob Rees-Mogg lines up £1m payday

Under a complex formula, part of the profit will go to Mr Rees-Mogg, one of the most prominent Brexit-supporting politicians

Parmenion launches solution due to ‘adviser demand’

The company says that since pension freedoms, advisers have had “increasing responsibility” for helping clients manage their income in retirement.

UK largest listed fund manager provides mixed update for investors

Group sees steady rise in assets under management, however net outflows of funds continue

M&G acquires landmark office in Edinburgh for international investor

M&G Real Estate said it had a long-standing presence in Edinburgh and continued to invest heavily in the city, most notably as part of the 4-acre mixed-use Haymarket development.

Aviva reports steady results and confirms review of its Asian business

The first half results were rather mixed with profits from general insurance up 29% but those from life insurance and fund management were both down.

Savills Blames Brexit and HK Protests for 12% Drop in Profits

Savills group chief executive, Mark Ridley, said the drop in profit was due to political and economic uncertainty in many markets, particularly in the UK and Hong Kong

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