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

Rent reductions postponed until spring

It was a close call when calculating the reference interest rate.

Amati AIM VCT drops Paul Jourdan after 19 years and hires Maven

The £111m venture capital trust ends strategic review by serving notice on smaller companies fund manager Amati, appointing Maven Capital Partners to broaden its strategy.

Shackleton – Britain’s financial adviser launches

A business bolstered by the purchase of four financial advice firms.

House prices rebound significantly despite challenging economic conditions

The housing market’s resilience also reflects broader structural issues.

Castlefield taking a ‘wait and see’ approach to adopting SDR labels

Castlefield is renaming five of its funds as they have the term sustainable included in their name.

State pension surges to 12.9m recipients, placing growing strain on system

This increase highlights the continued demographic shift as the population ages, piling ever more strain on the system.

Fundvalue is launched

A duo with several decades of financial market experience between them is setting up their own business in the field of sales and training support.

Progeny becomes CII international professional partner firm

Achieving IPPF status brings Progeny’s international offices in UAE, Singapore, Hong Kong, Belgium into alignment

Aviva: Direct Line rejects takeover offer

The Direct Line board concluded the offer was “highly opportunistic and substantially undervalued the Company”.

Basel pension fund becomes anchor investor for robo-adviser

Inyova, which has already received about CHF 2.5m in capital this year, will see a new anchor investor, Abendrot, join as minority shareholder.

Rooting in Reits: Five fund managers’ Black Friday bargains

Fund managers reveal where they think investment bargains can be found this Black Friday.

Private markets to ramp up branding and PR in 2025

Among the key findings, 72% of GPs highlighted attracting LPs and facilitating fundraising as the primary impact of having a strong brand.

VCTs raised £12.5bn to invest in smaller companies

VCTs were set up to promote investment in small UK businesses that meet certain criteria.

Italian asset manager Quaestio launches ILS fund-of-funds strategy with €130m

The fund-of-funds strategy will adopt a multi-manager approach to accessing the ILS market, which it believes will help to add diversification within it

Aviva Investors launches third UK LTAF with addition of private debt fund

This latest LTAF furthers Aviva Investors’ ambition to be “the go-to LTAF provider for the DC pension fund and wealth markets” in the UK.

Barnett Waddingham grows revenues by 10% to £160 million

This year, the firm also moved into a new office in Leeds amid growing demand there.

Regency Court move marks the beginning of new era for Praxis in Guernsey

The move brings the Guernsey contingent together in a single floor space for the first time.

Columbia Threadneedle to adopt SDR sustainability labels for nine funds

“Sustainability Focus” label adopted by nine equity and multi-asset funds

Nordea: How Finland’s Knot Was Untied

Additionally, the subsidiary of the Finnish bank has established a new foothold in Switzerland.

Scottish Widows Platform adds new software to simplify adviser reporting

This update is the latest in a series of integrations undertaken by Scottish Widows Platform this year.

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